Bengal Presidency
In 1633, a factory was established at Hariharpur, later on Mahanandi ,Patna and Balasore and also in 1651 AD at Hoogli. In 1698 AD East India Company acquired right to landed property. A permanent fort was built at Calcutta in 1716 AD and was named as Fort Williams. At the same time it became independent Bengal Presidency. The East India company got the permission from the Nawab of Bengal to mint their coins at Calcutta.