Menu Close

What was the name of French company in India?

What was the name of French company in India?

The French East India Company (French: Compagnie française pour le commerce des Indes orientales) was a colonial commercial enterprise, founded on 1 September 1664 to compete with the English (later British) and Dutch trading companies in the East Indies.

What did French West India trade?

Tobacco plantations were highly developed in other French colonies. The company got a monopoly on the slave trade from Senegal, which since 1658 belonged to the Company of Cape Verde and Senegal. In 1666 the Company created two counters in Dahomey (Benin), Savi and Ouidah, which bought other tropical products.

Does the West India company still exist?

Founded four hundred years ago, the Dutch West India Company (WIC) waged war at sea, and colonized territories in West Africa and the Caribbean until its dissolution in 1791. The WIC not only traded in goods, but also in people.

Who owned the West India company?

In 1621, the parliament of the Dutch Republic awarded a charter to the Dutch West India Company (a private joint stock corporation) granting it a 24-year monopoly on trade and colonization that included the American coast between Newfoundland and the Straits of Magellan.

How many French companies are in India?

Currently, there are over 1000 French companies present throughout India. Most of these are concentrated in large metropolitan cities such as Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Ahmedabad, and Kolkata.

Who is founded the first French factory in India?

François Caron
In 1667 the French India Company sent out another expedition, under the command of François Caron (who was accompanied by a Persian named Marcara), which reached Surat in 1668 and established the first French factory in India.

What was the purpose of the West India company?

Its purpose was to open trade in North and South America and to build forts, maintain troops, and challenge Spanish trade, especially in the West Indies.

How was the French East India Company different from the English East India Company?

Britain was a constitutional monarchy, France was an absolute monarchy. This meant that there were legal differences in who/what the companies were responsible to. The English (later British) East India Company was responsible to the British Parliament. The French Company had no such legislature to answer to.

Was there a Dutch West India Company?

Dutch West India Company, byname of West India Company, Dutch West-Indische Compagnie, Dutch trading company, founded in 1621 mainly to carry on economic warfare against Spain and Portugal by striking at their colonies in the West Indies and South America and on the west coast of Africa.

What happened to the west India company?

The Dutch West India Company was much less successful than the Dutch East India Company, its counterpart in Southeast Asia. The West India Company was taken over by the state in 1791 and was dissolved in the wake of the French invasion of the Dutch Republic in 1794.

What is the biggest company in France?

TotalEnergies
2020 Fortune list

Rank Fortune 500 rank Name
1 20 TotalEnergies
2 46 AXA
3 81 Carrefour
4 91 Crédit Agricole

When did French came to India?

The French settlement in India began in 1673 with the purchase of land at Chandernagore from the Mughal Governor of Bengal. The next year they acquired Pondicherry from the Sultan of Bijapur. Both became the centres of maritime commercial activities of the French in India.

What are the two factories of the French in India?

The French Company established its two industries in India, first in Surat in the year 1668 and second in Machilipatnam.

Who gave Pondicherry to French?

On 4th February 1673 a French Company Official by name Bellanger, took up residence in the Danish Lodge in Pondicherry. In 1674, the French Company placed François Martin as the first Governor and who initiated the ambitious project to transform Pondicherry from a small fishing village into a flourishing port-town.

What happened to the West India company?

Why did the French East India Company fail?

The lack of naval strength of the French compared to that of the English was one of the decisive factors for the failure of the French in India. The trade carried by the British East India Company was far greater than the French company.

What were the causes of the French failure in their struggle against the English company?

Table of Contents

  • Cause # 1. French Government:
  • Cause # 2. French Company:
  • Cause # 3. Seats of Power in India:
  • Cause # 4. Naval Strength:
  • Cause # 5. Policy of Conquest in Place of Commerce:
  • Cause #6. Lack of Enthusiasm and Enterprise:
  • Cause # 7. Lack of Financial Support:
  • Cause # 8. Personal Incompetence:
Posted in Useful advices