Mughal Empire at its greatest extent, under
Aurangzeb C.1707 The Mughal Empire has often been called the last golden age of India. It was founded in 1526 by
Babur of the
Barlas clan, after his victories at the
First Battle of Panipat and the
Battle of Khanwa, against the
Delhi Sultanate and
Rajput Confederation, respectively. Over the following centuries, under
Akbar,
Jahangir, and
Shah Jahan, the Mughal Empire would grow in area and power and dominate the
Indian subcontinent, reaching its maximum extent under
Aurangzeb. This imperial structure lasted until 1720, shortly after the death of Aurangzeb, following which it gradually converted from a centralised autocracy into a collection of autonomous vassal states who accepted the nominal suzerainty of the emperor. The empire was formally dissolved by the
British Raj after the
Indian Rebellion of 1857. The Mughals adopted and standardised the
rupee (
rupiya, or silver) and
dam (copper) currencies introduced by
Sur emperor
Sher Shah Suri during his brief rule. A major sector of the Mughal economy was agriculture. A variety of crops were grown, including food crops such as wheat, rice, and
barley, and non-food
cash crops such as cotton,
indigo, and
opium. By the mid-17th century, Indian cultivators began to extensively grow
maize and
tobacco, imported from the Americas. and built
irrigation systems across the empire, which produced much higher
crop yields and increased the net revenue base, leading to increased agricultural production.
Manufactured goods and cash crops were sold throughout the world. Key industries included textiles,
shipbuilding, and steel. Processed products included cotton textiles,
yarns,
thread, silk,
jute products,
metalware, and foods such as sugar, oils, and butter The largest manufacturing industry in the Mughal Empire was
textile manufacturing, particularly cotton, which included the production of
piece goods,
calicos, and
muslins. By the early 18th century, Mughal Indian textiles were clothing people across the Indian subcontinent, Southeast Asia, Europe, the Americas, Africa, and the Middle East. The most important centre of cotton production was Bengal province, particularly around its capital city of
Dhaka. ==Notes==