Carr, Tagore and Company

Carr, Tagore and Company
Company typeManaging Agency
IndustryIndigo and opium trade, shipping, coal mining
Founded1834 (1834)
HeadquartersCalcutta, Bengal Presidency
Key people

Carr, Tagore and Company (also written as Carr, Tagore & Co.) was the first equal partnership between European and Indian businessmen and the initiator of the managing agency system in India. The company was launched in 1834 by Dwarakanath Tagore in partnership with William Carr, an indigo trader of Kolkata (then known as Calcutta). Dwarakanath played a leading role in the company, providing its capital, selecting its partners and directing its investment strategy throughout his life.[1]

  1. ^ Sarkar, Suvobrata. "Bengali Entrepreneurs and Western Technology in the Nineteenth Century: A Social Perspective" (PDF). Indian Journal of History of Science, 48.3 (2013) 447-475. Archived (PDF) from the original on 2 August 2018. Retrieved 2 August 2018.