The phrase is often associated with specific campaigns where vast riches were funneled out of India to finance foreign empires or private fortunes:
The removal of these items is often viewed as a stripping of social and national identity from the regions of origin. Sahana Singh - Facebook indian booty
Some historians argue that the de-hoarding of Indian wealth helped stabilize European markets and financed the Industrial Revolution. The phrase is often associated with specific campaigns
One of the most famous instances occurred when the Persian ruler Nader Shah sacked Delhi. He carried away treasures including the Peacock Throne , the Koh-i-Noor diamond, and thousands of elephants and horses. This "booty" was so substantial that Nader Shah was able to halt taxation in Persia for three years. the Koh-i-Noor diamond