jan 1, 1667 - French arrival

Description:

- Company name --> "Compagnie des Indes Orientales," i.e French East India Company granted 5 year monopoly
- In 1667, Francois Caron headed the expedition to India, setting up a factory in Surat
- Mercara, a Persian who accompanied Caron, founded another French Factory in Masulipatnam in 1669 after obtaining a patent from the Sultan of Golconda

- In 1720, reorganised into Perpectual Company of the Indies

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