Caravans tells the fascinating story of countless Punjabi Khatri merchants who built great business empires through their ingenuity and spirit of adventure. Operating during the sixteenth through the nineteenth centuries, these merchants risked everything and travelled across Afghanistan, Central Asia, Iran and Russia. They used sophisticated techniques to convert a modest amount of merchandise into vast portfolios for trade and moneylending ventures. Caravans challenges the belief that the rising tide of European trade in the Indian Ocean usurped the overland Silk Road trade, and demonstrates how thousands of Punjabis created a booming market in Central Asia at precisely this historical moment.

Caravans: Punjabi Khatri Merchants On the Silk Road

Gurcharan Das (Intro.)

Scott C. Levi

Penguin/Portfolio

Caravans tells the fascinating story of tens of thousands of intrepid Multani and Shikarpuri merchants who risked everything to travel great distances and spend years of their lives pursuing their fortunes in foreign lands.  From the sixteenth through the nineteenth centuries, these merchants lived as 'guests' in cities and villages across Afghanistan, Central Asia, Iran and Russia. Setting aside beliefs that caravan traders were simple peddlers, Scott C. Levi examines the sophisticated techniques these merchants used to convert a modest amount of merchandise into vast portfolios of trade and moneylending ventures.  Caravans also challenges the notion that the rising tide of European trade in the Indian Ocean usurped the overland 'Silk Road' trade and pushed Central Asia into economic isolation. In fact, as Levi shows, it was at precisely the same historical moment that thousands of Multanis began making their way to Central Asia, linking the early modern Indian and Central Asian economies closer together than ever before.

Caravans: Indian Merchants on the Silk Road

Business & Money

Economics

Penguin/Allen Lane

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Books by Scott C. Levi