The French East India Company was established in 1664 to compete with other European powers in trade with Asia, particularly in spices, textiles, and other valuable goods. It aimed to enhance France's commercial interests in the Indian Ocean and Southeast Asia, operating mainly in regions like India, Southeast Asia, and Mauritius. The company faced challenges, including competition from the British East India Company and internal financial difficulties. Despite some initial successes, it struggled to maintain a strong presence and was eventually dissolved in 1794. Its legacy includes influencing French colonial policies and trade practices in the region.