The
East India Company (also known as the
East India Trading Company,
English East India Company, and, after the
Treaty of Union, the
British 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. The oldest among several similarly formed European
East India Companies, the Company was granted an English
Royal Charter, under the name
Governor and Company of Merchants of London Trading into the East Indies, by
Elizabeth I on 31 December 1600. After a rival English company challenged its monopoly in the late 17th century, the two companies were merged in 1708 to form the
United Company of Merchants of England Trading to the East Indies, commonly styled the
Honourable East India Company, and abbreviated,
HEIC; the Company was colloquially referred to as
John Company, and in India as
Company Bahadur (
Hindustani bahādur, "brave"/"authority").
The East India Company traded mainly in cotton, silk,
indigo dye,
saltpetre, tea, and
opium. The Company also came to rule large areas of India, exercising military power and assuming administrative functions, to the exclusion, gradually, of its commercial pursuits; it effectively functioned as a
megacorporation.
Company rule in India, which effectively began in 1757 after the
Battle of Plassey, lasted until 1858, when, following the events of the
Indian Rebellion of 1857, and under the
Government of India Act 1858, the
British Crown assumed direct administration of India in the new
British Raj. The Company itself was finally dissolved on 1 January 1874, as a result of the
East India Stock Dividend Redemption Act. The East India Company often issued coinage bearing its stamp in the regions it had control over.
The Company long held a privileged position in relation to the British Government. As a result, it was frequently granted special rights and privileges, including trade monopolies and exemptions. These caused
resentment among its competitors, who saw unfair advantage in the Company's position. Despite this resentment, the Company remained a powerful force for over 250 years.
French East India Company
(La Compagnie française des Indes orientales)
French East Indies Company will be a playable French protectorate holding Myshore (capitol) and Ahmadnagar.
The
French East India Company (
French:
La Compagnie française des Indes orientales or
Compagnie française pour le commerce des Indes orientales) was a commercial enterprise, founded in 1664 to compete with the
British and
Dutch East India companies in
colonial India.
Planned by
Jean-Baptiste Colbert, it was chartered by King
Louis XIV for the purpose of trading in the Eastern Hemisphere. It resulted from the fusion of three earlier companies, the 1660
Compagnie de Chine, 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, who had spent 30 years working for the
Dutch East India Company, including more than 20 years in
Japan, and
Marcara Avanchintz, a powerful Armenian trader from
Ispahan,
Persia.
Dutch East India Company
(Vereenigde Oost-Indische Compagnie, VOC)
Dutch East Indies Company will be a playable United Provinces protectorate holding Carnatica (capitol).
The
Dutch East India Company (
Dutch:
Vereenigde Oost-Indische Compagnie,
VOC) 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. It was the first
multinational corporation in the world and the first company to issue
stock. It was also arguably the world's first
megacorporation, possessing quasi-governmental powers, including the ability to wage war, imprison and execute convicts, negotiate treaties, coin money, and establish colonies.
Statistically, the VOC eclipsed all of its rivals in the Asia trade. Between 1602 and 1796 the VOC sent almost a million Europeans to work in the Asia trade on 4,785 ships, and netted for their efforts more than 2.5 million tons of Asian trade goods. By contrast, the rest of Europe combined sent only 882,412 people from 1500 to 1795, and the fleet of the
English (later British) East India Company, the VOC’s nearest competitor, was a distant second to its total traffic with 2,690 ships and a mere one-fifth the tonnage of goods carried by the VOC. The VOC enjoyed huge profits from its spice monopoly through most of the 17th century.
Having been set up in 1602, to profit from the
Malukan spice trade, in 1619 the VOC established a capital in the port city of
Batavia (now
Jakarta). Over the next two centuries the Company acquired additional ports as trading bases and safeguarded their interests by taking over surrounding territory. It remained an important trading concern and paid an 18% annual
dividend for almost 200 years. Weighed down by corruption in the late 18th century, the Company went bankrupt and was formally dissolved in 1800, its possessions and the debt being taken over by the government of the Dutch
Batavian Republic. The VOC's territories became the
Dutch East Indies and were expanded over the course of the 19th century to include the whole of the Indonesian archipelago, and in the 20th century would form
Indonesia.
Other Changes in East Indies
1. Portugal will have a stronger presence in the area since it will maintain 2 colonies: Goa and Ceylon.
2. Denmark will have a colony holding Orissa.
3. Myshore factions will be demoted in an emergent faction.
4. 3 New Indian Factions will be added. Rajput States (Hindu) and and Principality of Hyderabad (Muslims) will be playable protectorate of Mughal. Kingdom of Tranvacore (Hindu) will be a non playable emergent protectorate of Maratha spawning in Carnatica region.
Rajput States
Principality of Hyderabad
Kingdom of Travancore