Colonial nostalgia is a phenomenon which is often expected almost by default to be a sentiment that occurs among former colonial powers. In practice, though, that is far from the case: Although this may appear surprising at first, colonial nostalgia also makes an appearance in former colonies. Where nostalgia among former colonial powers has been both expected and well explored in much research, analytical surprise and uneasiness about similar sentiments among the formerly colonised has led to less engagement with the question of how, and on which terms colonial nostalgia is produced and makes sense from the perspective of former colonies. This, however, limits our understanding of how colonial nostalgia operates. This article explores colonial nostalgia from the position of Puducherry, the capital of the former French India. It shows how colonial nostalgia is co-produced in a complex context where multiple perspectives both within and across the former colonial power and the former colony intersect, and where a multitude of post/colonial interests, imaginaries and identities are at play. As we see here, nostalgia is much more than unwarranted rosy images of the past or bad history – sometimes it is even about postcolonial critique; and it is as much directed to the present and the future as to the past.