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Motherson is now the 1st Indian employer in France

Audrey Lucbernet - 15-mars-2019 10:56:15
Auto component maker Motherson Sumi Systems has acquired an additional French company, last year, the manufacturer Reydel Automotive Group (Reydel) for USD 201 million (over Rs 1,300 crore). Motherson Sumi Systems (MSSL), flagship company of the Samvardhana Motherson Group (SMG), said this acquisition through its step-down subsidiary Samvardhana Motherson Automotive Systems Group BV (SMRP BV) will bolster its  offerings in the automotive interiors space.   Reydel’s interiors product portfolio includes instrument panels, door panels, console modules, decorative parts and cockpit modules. The company’s global presence spans 20 plants and 16 countries and is supported by a workforce of around 5,500 associates.   Samvardhana Motherson Group is now the largest Indian employer in France with 2,300 employees.     Check the video of Mr. Sehgal, Chairman of Samvardhana Motherson Group talking about his success story in France.      https://youtu.be/-KDNBOCZKIE              

Ashok Leyland adopts Dassault Systèmes GVPP Platform for improved manufactoring

Aurelien Sostaponti - 18-févr.-2019 08:00:44
    Ashok Leyland adopts Dassault Systemes’ GVPP platform for improved manufacturing   Taking Indian automotive manufacturing to next level, Ashok Leyland has adapted the 3D Experience industry solution platform of the French company Dassault Systemes. Global Validation Proven Performance (GVPP) as a solution on the 3D Experience platform,  will reduce Ashok Leyland’s product development cycle from three years to 18 months and bring down the cost by 5%.

India and France working together on Electric Vehicles

Aurelien Sostaponti - 18-févr.-2019 07:57:52
The future looks bright for Indo-French collaboration on electric mobility. An important stone to this foundation is a recent Memorandum of Understanding (MoU) signed between India’s Solar Energy Corporation of India Limited (SECI), CEA (French Alternative Energies and Atomic Energy Commission) and BlueStorage SAS, a French Company. The objective is to define the modalities of a pilot project to provide SECI an e-vehicle charging station with embedded batteries, powered by solar panels and optimized connection to the grid.

The Lyra group participates in the delegation of French companies that accompanies French President Emmanuel Macron’s trip to India

Purva Marwaha - 15-mars-2018 10:43:35
    On the occasion of the French President’s visit to India on 10 th to 12 th March, 18 French companies, accompanied by The French Trade & Investment Agency - Business France, had been selected to join the President’s visit. The Lyra group, one of the leader in securing payments in e-commerce and proximity, was a part of this delegation. Present in India for more than 10 years now, Lyra currently has 60 employees in India successfully working with major banks across the country.  Beyond the recognition of its development growth in India, this trip  was an opportunity for Lyra to strengthen its network and its activities. “We are very proud to participate in this delegation that will accompany the President of the Republic France. This visit represents a unique opportunity to access key contacts, to boost our business and highlight our Indian "Success Story" , says Christophe Mariette, Chairman of Lyra India and Associate Director of Lyra Group. India is a very dynamic and innovative market with 7.6% growth per year, India is among the top 10 largest economies and is a true driver of global growth. The structuring of its market, especially around services and industry has the ease to do business which makes the country more and more attractive for international companies. In the payment sector, many changes are taking place boosting the economic growth. The vast demonetization plan launched in November 2016 has increased the use of bank cards across the country and has led to more technological advances, with a strong appetite for new mobile uses.   India is a strategic country for Lyra & the French company is contributing to several campaigns of the Government of India UPI, Bharat QR Code, Aadhar and is fully committed to Prime Minister Modi’s initiative on digitalization of the Indian economy.   Lyra has connected around 600,000 POS terminals pan India & has successfully done millions of transactions daily on payment platforms. Lyra has also brilliantly launched its ePayment Gateway   “ Payzen” which is being used by major eMerchants in the country. Lyra’s merchant Plug In(MPI) has demonstrated high success rates and reliability for a large number of eMerchants in the country. "Lyra is one of 400 French companies that have believed in the growth of the Indian market and chose to set up full-fledged operations in India," says Rajesh Desai CEO and Director Lyra India . “Today, our ambition in this highly dynamic market is to expand significantly and we are currently strengthening our Indian team to support our aggressive plans of offering highly advanced solutions in the payment space”.     About Lyra:    Founded in 2001 by Alain Lacour, Lyra secures e-commerce and proximity payments and develops value-added services to manage transactions and POS equipment on a daily basis. Based in Toulouse, Lyra is present internationally with 10 subsidiaries (India, Brazil, Germany,Spain, Colombia,Argentine, Mexico, Peru, Chile, Algerie). The group has over 250 employees for a turnover of €53M in 2017.   Lyra’s key figures:   Over 10 billion payments secured and transmitted in 2017 worldwide   Over 50,000 e-merchants   Over 3,000,000 payment terminals worldwide   Lyra’s services are certified PCI DSS, Visa Merchant Agent and approved by GIE Cartes Bancaires.   For further information visit: http://www.lyra.com      

FAMOCO: a French company providing solutions to meet digitization needs in India

Purva Marwaha - 28-févr.-2018 11:55:50
It is estimated that by 2050, India will have a population of 1.7 billion and its urban population, boosted by rural exodus, will be around 850 million inhabitants which is the double of the existing population. In light of these colossal challenges & since the need for digitization is high, French company FAMOCO, the leader in secure professional devices, has opted to make India its primary development market. I n collaboration with the country’s leading national bank, State Bank of India (SBI) and partner system integrator.   FAMOCO offers unique solutions to meet the everyday consumer problems by enabling transactions digitally in India.    Since the demonetisation in November 2016, FAMOCO’s solution has provided a response to the recurring problems associated with the shortage of money in small denominations and the banking needs of people. The lack of cash is a real national issue, which has affected the most vulnerable populations. A lot of people in India do not have access to the financial services provided by traditional banks and therefore face difficulties with their day-to-day needs.    Working with its Indian partners, FAMOCO has a closed loop transaction solution used by thousands of shopkeepers, that simplifies low-value transactions. Currently being tested in several regions, FAMOCO payment cards and devices – which are far less expensive but just as secure as traditional payment solutions – provide a way of paying even the smallest amounts in shops and cafés, as well as for access to public transport. The introduction of digital transactions is helping to combat the informal economy and gives people the opportunity to open a cashless account. It represents a significant improvement in people’s day-to-day lives and offers the possibility to access microcredits. The company’s aim is to roll out FAMOCO’s solution across the country once the testing phase is complete.    Digitization to meet urbanization challenges According to a report published by the United Nations, India – the fifth largest global power in 2018 – is likely to have an additional 433 million city dwellers by 2050, taking the proportion of people living in urban environments from a third to almost a half. [1] With this in mind, the country is going to face huge challenges in terms of improving its infrastructure and resource management.   Payment, biometric identification, the traceability of goods and people, as well as problems associated with waste processing and recycling, all represent opportunities for FAMOCO to support the transition.   As Lionel Baraban, Managing Director of FAMOCO, explains, “ The authorities are looking for the most secure, flexible and inexpensive products to respond to the major issues India is facing. Our solutions offer a response to some of these issues, in areas such as payment, urban mobility and biometric identification, thanks to our cooperation with IDEMIA. India is a strategic market for FAMOCO: it was in New Delhi, in January 2016, that we chose to establish our first office abroad, while other high-tech companies usually look to the United States. That decision marked our commitment to contribute to India’s economic and social development as a French technological and business partner .”   Apart from the business aspects, FAMOCO is developing a truly long-term approach to the country, by supporting a more virtuous and efficient economy. The company counts 10% of Indian nationals in its workforce globally. In addition to their technical skills, they also bring their cultural knowledge of the country to the business.   About FAMOCO:      FAMOCO is a French company that designs secure professional devices to support businesses in their digital transformation in five sectors: payment, mobile working, logistic, identification and urban mobility. Created in 2010 by two Frenchmen, Lionel Baraban and Nicolas Berbigier, FAMOCO has already sold more than 180,000 devices to 450 customers in 30 different countries. The company has 80 employees in four offices: Paris, Brussels, New Delhi and Singapore. It generates 80% of its sales abroad with a prestigious client list that includes Orange, Alipay, Atalian, Gemalto and others.   For further information visit : http://www.famoco.com   [1] World Urbanization Prospects, UN, 2014, https://esa.un.org/unpd/wup/publications/files/wup2014-highlights.pdf  

India’s growth picture is as clear as glass for Saint Gobain

Purva Marwaha - 15-févr.-2018 11:23:20
Saint Gobain, the French maker of plasterboard and glass, is betting big on the Indian market and is aiming to triple revenues in the next ten years to ₹20,000 crore, its chairman said. “India is one of the fastest growing countries for Saint Gobain. India is the number one country for us — even more than China,” Pierre-Andre De Chalendar , chairman of the Saint-Gobain Group, told ET in an interview recently. About €130 million, or 10% of Saint Gobain’s investment capex, find their way into India that contributes only 2% of its sales. The share of India in total manufacturing is around 4%, he added. The last three years have seen the French company plough back all the profits it made in India to grow its business here. Chalendar is encouraged by the proactive reforms undertaken by the Indian government. “There has been a progressive reduction in bureaucracy. The tax reforms of last summer have been good. So, I am positive about the economic climate in India. It’s improving and I am confident that it will continue to improve.” Saint Gobain was set up in France in 1665, and made glass for the French King Louis XIV. It is present in India through three entities. “…at the moment in terms of growth capex, India is the number one country for us, even more than China,” Chalendar said.   Recommended By Colombia The company has grown by 19% since 1996 when it started operations in India through its listed company Grindwell Norton BSE 0.78 % (GNO). Over the years, capital expenditure for growth in the country has been the highest in all the countries that it has businesses in, amounting to around $100 million in the last few years. “Most of our investments in India have been funded by our existing company in India. It is a sign of the strength of our Indian business. So, we plough back all our profits in India. We haven’t sent money out of India for the last few years now. The cash that we generate, we invest back,” Chalendar added. In India, its biggest investment is in the glass business. It is the market leader in making glass for buildings, automotive windshields etc, and value-added glass like coated glass. The other business is gypsum plasterboard which is in the materials space and abrasives, refractories, high-performance plastics etc. “It is a sign of the strength of our Indian business,” Anand Mahajan, chairman of Saint Gobain Group in India, told ET in the same interview. Mahajan has been steering the group since its inception in India and leads a wholly Indian team in a French company, a fact that Chalendar takes pride in while talking about the glassmaker’s key successes in India. What gives Chalendar the confidence to bet on India is the rising demand that the company is seeing from its glassmaking segment. It makes flat glass that is used as windshields in automobiles and in buildings, where demand for green alternatives is pushing the sales up for its coated glass.        Source:  Economic Times,  http://bit.ly/2o1vtoj

AXON’ CABLE INTERCONNECTS EVERY PART OF A VEHICLE

Purva Marwaha - 01-févr.-2018 08:24:44
Axon Cables, a manufacturer of custom design wires, composite cables, flat flex cables, will be a part of a delegation of 21 French suppliers of the automotive and electric mobility industry from 5th to 9th February 2018. The company will visit Auto Expo Motor and Components show in Delhi & will go to Chennai as well as a part of a delegation of French companies hosted by Business France -The French Trade & Investment Agency, Federation of French Vehicle Equipment Industry (FIEV) & the European Association for Electromobility (AVERE).   SHOWCASING AXON EXPERTISE IN THE CONTEXT OF AUTO EXPO, NEW DELHI   Auto Expo will be a good opportunity for the Axon’ group to highlight the expertise of its Indian subsidiary Axon’ Interconnectors and Wires based in Bangalore since 2010 in the area of cable assemblies for challenging environment. Space and weight saving, flexibility, temperature resistance, power transmission, EMI protection are some of the many challenges Axon’ India will have to cope with. Especially designed for the automotive market, Axon’ cable proposes Flat Flexible Cables for board-to-board interconnections, flat flex shielded cable assemblies, custom-designed electromagnetic interference protected cables and connectors, flat display connections for infotainment, PTFE wires resistant to high temperatures (-200°C/+260°C) and many others. Axon’ Interconnectors and Wires produces state of the art wire and cable harnesses using “made in axon’” micro D connectors or any type of connector available in the market.   FRENCH TECHNOLOGY “MADE IN INDIA”   India being a strategic market in terms of rapid development, it was decided to build a new plant in 2 phases: 2500 m² in 2018 and a 1500m² additional building in 2020 at Devanahalli Aerospace Park close to the international airport in Bangalore. Axon’ India employs 65 staff in 2017 expects to hire 100 people by 2021 to reach 150 staff in total at that time with a total turnover of 5 million € by 2021.       Innovation is one of the priorities of the group which invests 10% of its turnover in Research & Development. Over 200 technicians and engineers are specialized in manufacture and plating of precision conductors, plastics technologies, and electronics. The advanced Interconnect expertise of the Axon’ group allows its Indian subsidiary to produce state of the art Wires, cables and harnesses using any type of connectors available in the world or custom designed following customer needs. The company draws its experience in space and defense to offer reliable dedicated solutions in automotive industry; All sites involved in the manufacture of automotive products are ISO 9001/TS16949 certified. Axon’s 13 integrated manufacturing sites in Asia, Europe and America can handle all orders from small and medium size volumes right up to mass production.   « We want to build a long-standing company » this illustrates both history and vision of Axon’ long-term strategy, says Joseph Puzo, President and CEO of AXON’ Group     The Auto equipment manufacturers market in India is estimated to be 35 Billion € in 2015-16 representing 41% of automotive sales. India now has more than 500 suppliers and 10,000 subcontractors. Participating in the auto expo would be one step ahead for the company as the Indian equipment manufacturers and sub-contracting SMEs are looking for foreign partners (JV, technology transfer, R & D centers, equipment modernization and production lines) to overcome their technological gap, particularly in the face of BS-VI challenges, the evolution of safety standards & the electric vehicle.
About
Sophie Clavelier, 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, commercial and technical partners.   In India, our 4 offices are located in business hubs, New Delhi, Mumbai, Bengaluru and Chennai. We have a dedicated multicultural team of 38 experts in the following growing sectors: Agrofood Industry Industry and Cleantech Lifestyle and Healthcare Tech & 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. In

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