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The central purpose of this study is to see what role did Cochin, the first political headquaters of the estado da India till 1530 and later their commercial capital, play in organizing the maritime trade of India and how its trade contributed to the building up of the universal empire of the lusitanians. Asian trade and Indo-european trade are discussed in detail laying emphasis on merchants, routes, licences, monopoly, contracts, trade voyages and smuggling.