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Welcome to Business France - The French Trade Commission in India

"Why smart investors choose France? "

Julian Hoarau - 02-déc.-2016 12:00:41

On the occasion of the SME Summit organized by the Confederation of Indian Industry on Tuesday 22 November 2016, Business France India and the Regional Economic Service of New Delhi hosted a Country Session on France entitled "Why smart investors choose France? "In the presence of some 50 Indian companies. This seminar highlighted the comparative advantages of France as an investment destination for the Indian business community and to raise awareness of the latest reforms introduced by the French government to facilitate the "Doing business" in France.   Business France / India also held a booth during the 2 days of the summit, on 22 and 23 November

Electric bicycles set to hit Amaravati roads

Purva Marwaha - 01-déc.-2016 06:35:26

Chennai-based varsity makes a proposal for introduction of ‘smart’ transport in the region Will an electric bicycle hit it big in Amaravati, the new capital of Andhra Pradesh? The answer could be ‘yes’ if Chief Minister N. Chandrababu Naidu who has a penchant for all things ‘smart’ approves of a proposal by the Chennai-based Veltech Dr. RR & Dr. SR University. A team representing the university is in the city to meet Mr. Naidu on Wednesday and put forth a proposal to introduce ‘smart’ eco-friendly transport in the form of an innovative blue-tooth-embedded e-bicycle in the Amaravati region. The university has developed a prototype of what it claims socially relevant technology with high impact on society, in partnership with Francecol Technology, a French company. The project was recently approved under Industry-Academia Research and Development Programme and funded by Indo-French Centre for Promotion of Advance Research (CEFIPRA). “We wanted to develop an embedded wheel drive electric motor with special design features for superior performance at lower cost when compared to the electric cycles currently available. One of the aim was to develop motors without permanent magnets. This technology has spin-off applications in wheel chair and other electric vehicles. The product will be marketed in India and Europe,” said Francois Bernot of the French firm. Veltech and FranceCol are contributing to the design and technology area while the French University partner Centrale Superlec at Gif sur Yvette will analyse and test the product and Indian industry partners Joshi Electronics & Electrical Pvt. Ltd, Pune and Gurgaon-based Turnpoint Technologies are responsible for manufacture of prototypes and commercial operations.   Objective “Our concept’s first objective is to create an electric assistance for bicycles and wheel chairs by integrating our ultra thin and high frequency electric engine to one of its wheels with its power electronics and sensor. This innovation is a result of seven years of research and development. Applied to an aeronautic system, tested and approved, this engine has the advantage of being simple to build and economical,” said Dr Francois Bernot. “Imagine if the city has 10,000 such bicycles, the roads would turn into paradise,” said U. Chandrasekhar, Pro Vice-Chancellor of the university. The university has developed four such cycles.   “The cost factor may come down once we start mass production,” said Mr. Chandrasekhar.   Source: The Hindu, 29th November 2016

Elior Group to enter India with 2 acquisitions: MegaBite Food Services and C Ramachandra Caterers

Purva Marwaha - 30-nov.-2016 06:37:45

Elior Group, one of world’s leading operators in the contracted food industry, has announced its entry into the Indian market with the simultaneous acquisitions of MegaBite Food Services and CRCL, two leading contract caterers for the business & industry market. The new subsidiary, Elior India now employing 3,500 people, will serve 135,000 meals per day. MegaBite Food Services is the top player in premium corporate catering in Bangalore. It operates a central kitchen in Bangalore and provides 28,000 meals each day in Bangalore and 1,800 meals daily in Mumbai. Its customers include Cisco, Mircosoft, Google, McKinsey and Shell. MegaBite has been wholly acquired by Elior Group. Based in Chennai, CRCL is the largest industrial catering company in South India. CRCL serves over 100,000 meals each day. Its customers list includes prestigious names like Daimler, Ashok Leyland, Caterpillar, Pfizer, MRF and Vellore Institute of Technology. Elior Group has acquired a majority stake in CRCL. The combined acquisitions on the Indian market, will position Elior among the top three in the catering industry in India which is growing at a CAGR of 15%.     Source: Economic Times, November 2016

Successful seminar on « Innovated and integrated engineering solution for sustainable infrastructure»

Julian HOARAU - 24-nov.-2016 11:39:17

On Thursday, November 10th, a seminar followed by a networking cocktail was held in the presence of H.E. Alexandre Z IEGLER , French Ambassador to India, on the theme of « Innovative and integrated engineering solutions for sustainable infrastructure ».     This event, co-organized by Terre Armée at the residence of France, New Delhi, shaped an Indo-French discussion on sustainable infrastructure projects in India, notably as part of the “Smart Cities” & "Make in India" campaign. The event was attended by the senior government officials from National Road Authority of India, Ministry of Railways, Central Water Commission, the decision makers & technical representatives of leading construction companies and also the French business community.   Mr. Anand KUMAR, Managing Director of National Highways and Infrastructure Development Corporation – NHIDCL highlights it « By 2020, NHDCIL will carry out more than 134 projects in northeastern India, representing the construction or upgrading of more than 8,000 km of highways. To achieve this goal and to preserve the environmental impact of these projects, it is necessary to adopt new engineering and construction techniques. This requires an awareness of all the stakeholders: federal and local authorities, private and public companies, etc . »  

Dr Shailesh Ayyangar conferred Officer of the National Order of Merit

Julian HOARAU - 17-nov.-2016 06:04:04

Mumbai, 15 November 2016 On behalf of the President of the French Republic, H.E. Mr Alexandre Ziegler, Ambassador of France to India, conferred the high French distinction, Officier de l’Ordre national du Mérite (Officer of the National Order of Merit) on Dr. Shailesh Ayyangar, Managing Director - India and Vice President - South Asia, Sanofi, on Tuesday, 15th November 2016. The honour comes in recognition of his outstanding contribution and dedication to promoting public health, particularly amongst children and diabetics, and turning scientific innovations into therapeutic solutions. Dr Shailesh Ayyangar Dr Shailesh Ayyangar , born on 15th October 1954, is the Managing Director - India and Vice President - South Asia, Sanofi (Global healthcare leader present in India since 1956) and President - Organisation of Pharmaceutical Producers of India (OPPI), unanimously elected for four consecutive years since 2013. A graduate in Veterinary Science, Dr Ayyangar holds a Post-graduate Degree in Business Management from the Indian Institute of Management (IIM), Ahmedabad, Gujarat. In his career spanning over three decades, he has gathered wide-ranging experience in the pharmaceutical industry. In April 2002 he joined Sanofi as Managing Director, which was further extended to the combined Company Sanofi-Aventis, in 2005. In 2010, he was assigned additional responsibilities for Sanofi’s South Asia Zone comprising Pakistan, Bangladesh, India, Nepal and Sri Lanka. In 2014, Dr Ayyangar was listed among ‘India’s Best CEOs’ in Mid-Sized Companies category by Business India magazine, and in 2013, he was recognized as ‘Most Valuable CEO’ in Mid-Sized Companies category by Business World magazine. Along with his corporate vision for positioning Sanofi as a market leader, Dr Ayyangar also undertook initiatives for social and educational development. Thus, Sanofi India has implemented several projects for promoting public health, particularly amongst children and diabetics. Sanofi provides full financing for a programme – supported by the Public Health Foundation of India – aimed at promoting hygiene among Indian schoolchildren. Further, Sanofi India helps towards recreational facilities in Indian hospitals and conducts free health check-ups near its Goa plant. At Dr Ayyangar’s initiative, almost 300 Sanofi employees carry out voluntary work for the benefit of underprivileged children in Mumbai. It may be noted that the company also came to the aid of people severely affected by the 2013 and 2014 floods in North India. Ordre National du Mérite Ordre National du Mérite  (French National Order of Merit) was instituted in 1963 by General Charles de Gaulle. It is awarded for distinguished services rendered in public, civil, military posts, or a private profession.

French agency to extend 175 mn EUR loan for Kochi metro

Julian HOARAU - 15-nov.-2016 07:17:52

Kochi, Nov 14 (PTI): Kochi Metro Rail’s extension plan has got a major boost with a French funding agency agreeing to provide a loan of around 175 million Euros for the project. A Kochi Metro Rail (KMRL) spokesperson said the Agence Francaise de Developpement (AFD) has offered to fund the metro rail’s extension from JLN Stadium to Infopark via Kakkanad. Considering it as a special case, the French agency agreed to extend the loan for a longer tenure of 25 years at an interest rate of 1.35 per cent. The normal tenure for such loans for urban infrastructure is presently 20 years. "It is a matter of pride for Kochi Metro Rail Limited that AFD has agreed to this offer. This is an indication of the funding agency’s faith in KMRL’s capabilities and its objectives", said Elias George, Managing Director, KMRL. The loan also includes a component of EUR 22 million for the non-motorised transportation works at 20 stations, pedestrianisation of M G Road and junction improvement in Aluva, Edapally and Vyttila. Discussion on the proposed extension of Kochi Metro Rail project from JLN Stadium to Infopark via Kakkanad over a distance of 11.2 km at a cost of Rs 2,024 crore was held at the seventh Annual Negotiation Meeting between the Ministry of Finance, Government of India and AFD at Paris on November 9 and 10. The meeting was attended by KMRL Managing Director Elias George and S Selvakumar, Joint Secretary (ABC) in the Finance Ministry. "It was also decided in the meeting that even though the Kakkanad extension proposal is yet to be formally approved by the Government of India, AFD have also agreed, as a very special case, to procure all their formal Board approvals even before the extension proposal is administratively sanctioned by the Government of India, so that no time is lost in launching implementation of the project,"a KMRL release said.   It is expected that AFD’s Board will clear the proposal in December 2016, it added.

The “French Tech Tour to India 2016”, a platform to bridging further the French and Indian Tech ecosystems

Purva Marwaha - 26-oct.-2016 07:56:15

Business France, the Trade & Investment Commission of France in India, is organizing, with several stakeholders and partners, the first edition of the “French Tech Tour to India”, a multi-purpose and multi-format platform to run over the Embassy and the Consulate Generals of Delhi NCR, Bangalore and Mumbai from the 24 th  to the 28 th  of October, 2016.     The “French Tech Tour to India 2016” will also enable an active  participation of the “French Tech” ecosystem at the NASSCOM Product Conclave 2016  (Bangalore, 26 th  and 27 th  of October, 2016), with the objective of strengthening reciprocal awareness between the French and Indian Tech ecosystems, and promote France towards Indian Tech companies as a leading Innovation and Business Hub in Europe through a dedicated roundtable, Mr. Bertrand DIARD, Chairman of Tech in France and Serial Entrepreneur (Talend, Influans, Restlet and BonitaSoft), shall deliver a Key Note.   Curated  networking events across New Delhi  (24 th  of October, 2016),  Bangalore  (26 th  of October, 2016) and  Mumbai  (28th of October, 2016) are also been organized. These events will gather representatives from the “India Tech” ecosystem the delegation coming from France on this occasion and the “French Tech” players already active and making in India. In this regard, over 50 Digital and ICTs “French Tech” players are currently availing legal set-ups in India.   The Ambassador of France to India, Mr Alexandre ZIEGLER says “ « French Tech Tour to India will offer its participants a one-week program across Delhi, Bangalore and Mumbai. It will be an immersive program for 9, carefully selected, innovative “French Tech” startups and SMEs who are looking at expanding in the Indian market. I am convinced that the multiple interactions, which will take place over the course of this week, will pave the way for further collaborations, agreements and partnerships between French and Indian Tech stakeholders!. ”     In addition, Mr. Loïc RIVIERE, Secretary General of TECH IN France, and Mr. Mani DORAISAMY, Co-Founder of Guesswork.co, one the Indian laureates of the Season 1 of this “French Tech Ticket” are part of the “French Tech Tour to India 2016” delegation, which benefited from the support of Air France, sponsoring some participants and Awardees, thus showing its commitment towards Tech startups and SMEs globally.   For some years now, the French Tech ecosystem has enjoyed a steady and strong development, driven by a new generation of entrepreneurs, investors, engineers, designers and other talented people. Like India, France has emerged as a leading Startup Power, home to vibrant Tech Hubs and talents, and imbued with a strong entrepreneurial culture.   France stands among the leading ecosystems globally when considering Tech-related Entrepreneurship and Innovation; as ascertained by the fact that France led -for the 6th consecutive year- the race in the “Deloitte Fast 500 2015 EMEA” ranking with 87 laureates.   The “French Tech Tour to India” finds its origin in the statement that with over 5,000 and 6,000 Tech startups respectively, and many large corporates involved in Open Innovation and Acceleration programs, India and France both belong to the Top 5 of the Tech startup ecosystems in the world. Yet, further initiatives need to be developed to exploit the true potential for synergies and value co-creation between the 2 Startup Powers.   Hence, in addition to the “French Tech Tour to India 2016”, and with further initiatives to come, the call for applications for the Season 2 of the “French Tech Ticket” program has been actively promoted over Q3 2016 towards the Indian entrepreneurial ecosystem. The “French Tech Ticket” consists of a 1-year program to welcome foreign entrepreneurs and early stage startups to set up and accelerate activities in France. It is noteworthy to mention that India ranked first, for the second consecutive year and by a large margin, in terms of the number of applications received for the 2017 promotion, which shall consist in a pool of 70 foreign startups.   On a concluding note,  “Building on the promising level of cooperation shown at the Economic, Investment, Academic and R&D levels, the “French Tech” and “India Tech” is relevant  to co-create further economic value, which gives us even more eagerness to bridge and synergize further the two ecosystems. Business France is thus deeply engaged in this drive aiming at further encouraging “India Tech” players to consider France as both a relevant partner, market and Hub in Europe, and vice versa. The “French Tech Tour to India 2016”, to become an annual rendezvous, shall contribute to this ambition in complement to other initiatives. ” says Mr. Sylvain BIARD, Managing Director Mumbai Office and Head, Tech & Services Department, Business France.          

About
Thibaut Fabre, Country Head   Welcome to the French Trade Commission Business France in India!   Our key mission is to promote trade relations between France and India . We assist French-based companies seeking potential partners and new markets in India, while helping Indian businesses to identify potential French suppliers and technical partners.   In India, our 4 offices are located in the business hubs of New Delhi, Mumbai, Bengaluru and Chennai. We have a dedicated multicultural team of over 30 experts in the following growing sectors: - Agro-business; - Lifestyle, Consumer Goods and Healthcare; - Infrastructure, Transport and Industry; - ICTs, Retails and Services.   Our Trade Commission also has a Press office in charge of helping French companies to communicate in India as well as a Market Access Department enabling them to better understand and adjust to the Indian regulatory and fiscal framework.  

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