French East India Company
The French East India Company (French La Compagnie française des Indes orientales or also Compagnie française pour le commerce des Indes orientales) was a French privileged trading company founded in 1664 to compete with the British and Dutch East India Company.
It was the idea of Jean-Baptiste Colbert to start trading with the Far East, which French King Louis XIV gave him. approved. François Caron became the first director of the new company, having thirty years of experience with the Dutch East India Company, including twenty years in Japan.
The Company's attempt to establish a colony in Madagascar failed, but instead established ports on the islands of Bourbon and Île-de-France, today's Réunion and Mauritius. In 1719, the Society founded settlements in India, but was on the verge of bankruptcy. In the same year, she joined the Mississippi Society along with other French companies, John Law. In 1723, the Society regained its independence.
With the decline of the Mughal Empire, the French decided to become more involved in Indian political affairs in order to protect their colonial interests. In South India, they formed alliances with local rulers. In 1741, the French, represented by Joseph François Dupleix, pursued an aggressive policy towards both the Indians and the British until they were eventually defeated by Robert Clive.
The French East India Company was no longer able to maintain its financial affairs and in 1769, twenty years before the Great French Revolution, it was abolished.
Some commercial port cities, such as Puducherry or Chandannagar, remained under French administration until 1954, when the newly independent India gained control of them. In 1962, 4 cities of the former French India were transformed into the federal territory of Puducherry. The city of Chandannagar was incorporated into the state of West Bengal in 1954.
This article uses material from the English Wikipedia article French East India Company.
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French West Indian Society
West Indian society
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