French East India Company
Overview
 
The French East India Company ( or ) was a commercial enterprise, founded in 1664 to compete with the British
British East India Company
The East India Company was an early English joint-stock company that was formed initially for pursuing trade with the East Indies, but that ended up trading mainly with the Indian subcontinent and China...

 and Dutch
Dutch East India Company
The Dutch East India Company was a chartered company established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia...

 East India companies in colonial India
Colonial India
Colonial India refers to areas of the Indian Subcontinent under the control of European colonial powers, through trade and conquest. The first European power to arrive in India was the army of Alexander the Great in 327–326 BC. The satraps he established in the north west of the subcontinent...

.

Planned by Jean-Baptiste Colbert
Jean-Baptiste Colbert
Jean-Baptiste Colbert was a French politician who served as the Minister of Finances of France from 1665 to 1683 under the rule of King Louis XIV. His relentless hard work and thrift made him an esteemed minister. He achieved a reputation for his work of improving the state of French manufacturing...

, it was chartered by King Louis XIV
Louis XIV of France
Louis XIV , known as Louis the Great or the Sun King , was a Bourbon monarch who ruled as King of France and Navarre. His reign, from 1643 to his death in 1715, began at the age of four and lasted seventy-two years, three months, and eighteen days...

 for the purpose of trading in the Eastern Hemisphere. It resulted from the fusion of three earlier companies, the 1660 Compagnie de Chine
Compagnie de Chine
The Compagnie de Chine was a French trading company established in 1660 by the Catholic society Compagnie du Saint-Sacrement, in order to dispatch missionaries to Asia...

, the Compagnie d'Orient and Compagnie de Madagascar. The first Director General for the Company was De Faye, who was adjoined two Directors belonging to the two most successful trading organizations at that time: François Caron
François Caron
François Caron was a French Huguenot refugee to the Netherlands who served the Dutch East India Company for 30 years, rising from cabin boy to Director-General at Batavia , only one grade below Governor-General...

, who had spent 30 years working for the Dutch East India Company
Dutch East India Company
The Dutch East India Company was a chartered company established in 1602, when the States-General of the Netherlands granted it a 21-year monopoly to carry out colonial activities in Asia...

, including more than 20 years in Japan
Japan
Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

, and Marcara Avanchintz
Marcara Avanchintz
Marcara Avanchintz was a 17th century powerful Armenian trader from Ispahan, Persia, who went into the service of Louis XIV. He became a Director of the newly founded French East Indian Company, together with François Caron, who was his direct superior, and De Haye.Marcara arrived in India, at the...

, a powerful Armenian trader from Ispahan, Persia.
The first state-sponsored French voyage to the Indies occurred in 1603, a voyage captained by Paulmier de Gonneville of Honfleur
Honfleur
Honfleur is a commune in the Calvados department in northwestern France. It is located on the southern bank of the estuary of the Seine across from le Havre and very close to the exit of the Pont de Normandie...

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