Explanation: Alshaya is a well-known multinational retail company that has its roots in the city of Bombay, now known as Mumbai, in the state of Maharashtra, India. The company was established in 1890, marking the beginning of its long and successful journey in the retail sector.
To understand the significance of this fact, it is important to consider the historical context of Bombay in the late 19th century. Bombay was a major trading hub and a significant port city, which made it an ideal location for the establishment of a trading company. The city's strategic location on the west coast of India facilitated trade with other parts of the country and the world, providing a strong foundation for the growth of businesses like Alshaya.
The year 1890 is particularly noteworthy because it was a time of significant economic and industrial development in India. The late 19th century saw the expansion of the railway network, which further boosted trade and commerce. This period also witnessed the growth of various industries, including textiles, which were crucial for the development of retail businesses.
Alshaya's establishment in Bombay in 1890 is a testament to the city's importance as a commercial center. The company's success can be attributed to its strategic location and the economic conditions of the time. Over the years, Alshaya has expanded its operations globally, but its origins in Bombay remain a significant part of its history and the economic history of Maharashtra.
It is important to note that while Alshaya has a global presence today, its roots are firmly planted in Bombay. This fact is often tested in examinations related to Maharashtra's history and economy, as it highlights the state's role in the development of major retail businesses.
In conclusion, the correct answer is that Alshaya started trading in 1890 in Bombay. This fact is crucial for understanding the historical context of the company's establishment and its significance in the economic history of Maharashtra.