Queen Victoria added the title Empress of India to her stylings, and the period known as the British Raj began in India following the Sepoy Rebellion. Most of the East India Company bureaucracy remained in place, though no longer employed by the company. The company itself remained in existence for another fifteen years, administering the tea trade for the British government, though it no longer had a monopoly. It also assumed the role of keeping the British outpost at St. Helena supplied, due to its importance to British ships and as a source of saltpeter, an essential component of gunpowder.
It was dissolved formally in 1874 by acts of Parliament. The company’s army and navy were absorbed by their counterparts under the British Crown. The Bombay Marine became Her Majesty’s Indian Navy. Most of the policies of the EIC regarding its military arm remained in effect under the Raj, as did those of the administration for some time. British influence continued to expand in the Indies through the middle of the 20th century, when Indian independence was finally granted as the British Empire broke apart in the aftermath of World War II.
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