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French East India Company

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The French East India Company was a joint stock trading company founded in France in August 1664, planned by Jean-Baptiste Colbert under King Louis XIV to compete with the English and Dutch East India Companies for trade with India and other parts of Asia. Colbert built the company a dedicated home port, Lorient, on France's Atlantic coast. The company passed through repeated insolvency, restructuring and reorganization over the following century, including bankruptcies in 1685 and 1706 and absorption into John Law's Company in 1719, before its trading monopoly was finally abolished in 1790 and the company liquidated in 1794.

Facts
Disputed
Dissolved
1794
The company passed through repeated insolvency and reorganization (bankrupt 1685, restructured, bankrupt again 1706, absorbed into John Law's Company in 1719 and continued as the Compagnie des Indes) before its final liquidation in 1794; sources differ on which point marks its true end.
Organization Type
Chartered trading company 1
Founded
1664 1
Headquarters
Lorient, France 1
Industry
Maritime trade 1
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1. Wikipedia: French East India Company
WikipediaLead section
Quote, Lead section
joint-stock company founded in the Kingdom of France in August 1664 to engage in trade in India and other Asian lands
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1. Wikipedia: French East India Company
WikipediaHistory section
Quote, History section
In 1666, it was granted a base in Lorient, where it permanently relocated its operations previously in Le Havre in 1670.
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