HomeNews on emerging marketsArticle Detail
French Interest In Indian Market Bets Another Euro 8 Billion
August 20th, 2016By - CEM Team
In a CII event held on Aug 19 2016, French Ambassador to India Alexandre Ziegler said “Leading French companies will invest some 8 billion euros in Indian market over the few years". Ziegler emphasized that India is looked upon as a partner and not just as a market by France. So the country intends to participate strongly, with innovation in ‘Make in India’. He mentioned that there are 25 research and development centers by French companies in India.
He also informed that many French companies are likely to participate in Biswa Bangla summit scheduled for early next year.
India has seen French investments across sectors including Automobiles, Renewable energy, industrial equipments to name a few.
France has been the fourth biggest FDI infusing country to India amongst the European countries. During 2015-16, France held 9th position amongst top most investing countries to India, while being at 4th position amongst the European countries after Netherlands, Germany and Cyprus (in that order). European countries collectively contributed 11% of the top 10 FDI countries during this period.
Source: DIPP, News
Categories
Recent Article
India on the Route to Become a Zero Petroleum Import Country
By - CEM Team
With the Indian government aggressively rolling out plans and building infrastructure for increased power generation capacity using renewable sources,...Read more
Vehicle Scrapping Policy to Grow Indian Auto Industry Sales By 22%
By - CEM Team
Indian road transport ministry has been working on the implementation of the vehicle scrapping policy. Nitin Gadkari - Road, Transport and Highwa...Read more
Utilization Gap of Indonesia Geothermal Energy | Magnet to Global Investor Attention
By - CEM Team
Holding a significant 40 percent of the world's total geothermal reserves, Indonesia – the largest South East Asian economy currently utiliz...Read more
French Interest In Indian Market Bets Another Euro 8 Billion
By - CEM Team
With a continued investment interest from European countries towards Indian market, France holds its position high with an investment of Euro 8 bil...Read more
Indonesia’s Economy Is Impressive, And So Is Its Oil Industry
By - CEM Team
Indonesia’s strong economy is indicative of a healthy business ecosystem in the country. Indonesia is now the biggest economy in South East A...Read more
Enter your email address to receive updates on latest news on emerging markets and our forum discussions
Copyrights © B2B Marketplace, 2024. All rights reserved.
