generate questions: In the next two years, the company established its first factory in south India in the town of Machilipatnam on the Coromandel Coast of the Bay of Bengal. The high profits reported by the company after landing in India initially prompted King James I to grant subsidiary licences to other trading companies in England. But in 1609 he renewed the charter given to the company for an indefinite period, including a clause that specified that the charter would cease to be in force if the trade turned unprofitable for three consecutive years.
Where was the first factory in south India? {sep_token} In 1609 the charter was renewed for what period of time? {sep_token} what would happen if the trade did not return a profit for at least 3 years? {sep_token} why did King James I licence other trading companies from england? {sep_token} Where was the first factory in south India? {sep_token} What initially moved King James 1 to grant subsidiary licences to other trading companies in England? {sep_token} While the company was  giving an indefinite period when renewing thier charter what clause did King james use to make sure the company stayed profitable {sep_token} how many years did the Merchants of London have to become profitabl when their charter was renewed by king james? {sep_token}