How did the Treaty of Paris change French influence in India?

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The Treaty of Paris (1763), which concluded the Seven Years’ War, significantly diminished French influence in India. Under the terms of the treaty, France was required to renounce all conquests made in India or the East Indies since 1749.1

While the treaty allowed France to recover its capital, Pondicherry, and other posts, the French position had been effectively neutralized by the war. By the time the treaty was signed, French power in the region had shrunk to almost nothing, leaving the British East India Company as the dominant European force in India, rivaled only by the native Maratha confederacy. Following these events, the French company struggled with a lack of government support and internal financial issues, eventually leading to the end of its trade monopoly in 1769.234