๐๐ป๐ฑ๐ถ๐ฎ ๐ฆ๐ฒ๐ฒ๐ธ๐ ๐๐ฟ๐ฒ๐ป๐ฐ๐ต ๐๐ป๐๐ฒ๐๐๐บ๐ฒ๐ป๐ ๐ถ๐ป ๐ ๐ฎ๐ป๐๐ณ๐ฎ๐ฐ๐๐๐ฟ๐ถ๐ป๐ด
Commerce and Industry Minister Piyush Goyal invited French companies to invest in Indian manufacturing during the Bharat Innovates event in Nice. Prime Minister Narendra Modi and French President Emmanuel Macron attended the event.
Key details of the proposal include:
- India offers a large domestic market.
- India provides a base for global exports.
- The country offers scale and talent.
- A startup ecosystem of 230,000 companies drives innovation.
Trade and investment data:
- Bilateral trade reached USD 15.81 billion in 2025-26.
- Bilateral trade was USD 15.19 billion in 2024-25.
- France is the 11th largest investor in India.
- Total foreign direct investment from France reached USD 12.25 billion between April 2000 and March 2025.
Prime Minister Modi is in France for bilateral talks and the G7 Summit. His schedule includes a visit to Slovakia.
Source: The Times of India