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Advantages And Disadvantages Of Marwari Traders

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These traders undertake long haul migration from poor villages in the dry deserts of Marwar regions of Rajasthan in northern India to different cities all over South Asia especially to Russia and Central Asia. In the late 19th century, these migrant traders attained the undesirable label of "Marwari." This Vaishya trading community typically associate with Rajasthan, Gujarat, or North India. General perception of the Marwari traders will be that they belonged to diversity of trading origins, and they are into religions such as Hindu or Jain Baniya.
Most Marwari traders take root in the colonial trading centers in Bombay after which in Calcutta and eastern India. Calcutta was the place where huge number of them became astonishing rich through trading. During the 19th century, they were depicts as “Upcountrymen” in Bengal when they became especially conspicuous in Bengal. They rapidly became an impregnable economic ruling class under the colonial rule, thriving even better in independent India. Marwari traders are traditional traders and money lenders. The Marwaris in Calcutta are mostly associated with local small-scale business, banking and moneylending. Their rough business culture and thriving in what they do results them to be criticised by the local population of green-eyed, fearful Bengalis.
These traders are famous for …show more content…

Firstly, there are no technology barriers that restrict them from the industry since the process of producing the jute commodities is not complicated. Therefore, it is easy for Marwaris to gain entry to the jute mills business. Secondly, the Marwaris had been local agents for the jute for ages. This roles enables them to attained in-depth understanding on how to manage the jute mills businesses, process of producing the products and most importantly both the domestic and international market information are at the back of their

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