The Covid-19 pandemic has brought about unprecedented changes in economic activity across the world, which are still unfolding and could potentially lead to far-reaching changes in trade and investment activity between countries over time. As a result, countries and businesses around the world will have to recalibrate their strategic interactions, supply chains, sources of imports and destinations of exports.
India and France have had long-standing and robust economic and strategic ties. French companies are investing heavily in various sectors of the Indian economy, especially in renewable energy, defense, infrastructure and smart cities, pharmaceuticals etc. India increasingly also offers high quality and wide-ranging products for sourcing purposes which can more than adequately fulfil supply chain requirements for French MNCs looking to diversify their import base. Currently, France is the 9th largest FDI source for India and total trade is about $12 billion.
To enable Indian and French companies expand their trade and investment ties, CII has taken the initiative of bringing out a detailed Business Engagement Report titled ‘India-France Business Cooperation: Sourcing and Investments’.
This Business Engagement Report :
Identifies key products that can be sourced from India by France using the Export Specialisation Index, developed by CII.
Specifies which of the products can fit into France’s global value chain.
Outlines the sectors with most potential for French investments into India.
Provides details of investment climate of 5 states that are the best destinations for France.
Provides an overview of business climate and regulations in India and France and
Outlines the modalities for starting a business in each country.
Showcases some successful Indian and French companies.
The report would be of interest to Indian and French exporters and investors. It would be widely disseminated amongst highest levels of Government and industry in both countries.