Dan Seitz

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However, the two powers which would make most use of the opportunities presented by the descent of the Mughal heartlands into Anarchy were not Indian at all. In Pondicherry and Madras, two rival European trading companies, alerted to Mughal weakness and the now deeply divided and fragmented nature of authority in India, began to recruit their own private security forces and to train and give generous wages to locally recruited infantry troops.
The Anarchy: The East India Company, Corporate Violence, and the Pillage of an Empire
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