Question: Who Is The Founder Of French East India Company?

Who gave Pondicherry to French?

François Martin (1634–31 December 1706) was the first Governor General of Pondicherry.

In 1673, Sher Khan Lodi, the governor of Valokondapuranam under the sultan of Bijapur granted Francois martin, director of the Masulipatnam, a site for a settlement.

He founded Pondicherry, the future capital of French India in 1674..

Did the French rule India?

The French were late by six decades in India. As with other European colonists — British and the Dutch, the French too started their colonisation through commercial activities. The first French factory in India was established at Surat in 1668 and later one at Machillipatnam.

Do French still live in Pondicherry?

Today, Pondicherry still has a community of French people living in the city and French is also an official language. There are 6,500 French people registered in South India, and of these about 5,500 are in Pondicherry.

Is Pondicherry still a French colony?

Pondicherry, Mahe, Yanam, Karaikal and Chandernagar remained a part of French India until 1954. The independence of India in 1947 gave impetus to the union of France’s Indian possessions with former British India.

Who was the founder of French East India Company in India?

ColbertThe French East India Company. La Compagnie des Indes Orientales established by Colbert in September 1664. Started with 2,500,000 livres, which was wasted on attempts to colonise Madagascar.

When was the French East India Company founded?

September 1, 1664French East India Company/Founded

Who is the owner of the East India Company?

Sanjiv MehtaThe East India Company, which once owned India, in one of the great ironies of history, is now owned by an Indian entrepreneur named Sanjiv Mehta. The company was founded in 1600 to import spices, tea and exotic items to Europe from India.

Why was the East India Company so powerful?

The East India Company was vast and powerful, hiring thousands across the world. … The company was established for trading, with a royal charter by Queen Elizabeth I granting it a monopoly over business with Asia.

Why did the French leave India?

David in Cuddalore District in 1758 AD, but the Battle of Wandiwash between French and the British broke the back of the French as they had to lose Hyderabad region leading to the siege of Pondicherry by British in 1760 AD. In 1761 AD the British, destroyed Pondicherry. Thus the French lost their hold in South India.

What would the East India Company be worth today?

The VOC’s stocks pushed the company’s worth to a massive 78 million Dutch guilders, which is a pretty solid business even today, but translates to a whopping $7,9 trillion dollar worth today… Yes, really, trillion. That’s 7,900 billion — or 79,000 million!

What is the new name of Puducherry?

The original name of the territory, Putucceri, is derived from the Tamil words putu (“new”) and ceri (“village”). The French corrupted this to Pondichéry (English: Pondicherry), by which it was called until its name was officially changed to Puducherry in 2006.

Did France ever rule India?

After 1816, it was Governor of French establishments in India (French: Gouverneur des établissements français de l’Inde’). French India became an Overseas territory (French: territoire d’outre-mer) of France in 1946.

Which was the headquarters of the French in India?

PondicherryIn 1674 the Governor of “La Compagnie française des Indes orientales” (French East India Company) François Martin, set up a trading centre at Pondicherry and this outpost eventually became the chief French settlement in India.

How did British enter India?

The British East India Company came to India as traders in spices, a very important commodity in Europe back then as it was used to preserve meat. Apart from that, they primarily traded in silk, cotton, indigo dye, tea and opium. They landed in the Indian subcontinent on August 24, 1608, at the port of Surat.