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Attractiveness recognized, French innovation acclaimed!

Purva Marwaha - 27-juin-2019 13:07:07
Attractiveness recognized, French innovation acclaimed!     The “France Attractiveness Survey” published by EY beginning of June 2019 records the international investments made in Europe each year and analyzes the perception that foreign economic decision-makers have of France; as such, it measures real and perceived attractiveness compared with France’s leading competitors.   Against a backdrop of falling investment decisions in Europe (-4% of projects recorded between 2017 and 2018), France confirmed its attractiveness, coming in second place of host countries in Europe, and recapturing the rank it had previously lost in 2010. With growth in projects of 1%, compared with a decrease of 13% in the United Kingdom and Germany, France posted 1,027 recorded projects and continues to build its image with economic decision-makers.   The image of an industrial and innovative France emerges in this barometer, with a strong dynamic of R&D investments and the maintenance of France’s industrial leadership of Europe. For the first time, France is ranked first among European countries as a destination for innovative investments (with 144 projects), bringing together more innovative projects than Germany and the United Kingdom combined.   There are over 150 companies controlled by an Indian investor operating in France, where they employ more than 7,000 people. Seventeen investments from India were recorded in France in 2018, creating or maintaining 141 jobs. Samvardhana Motherson Group and Rahman Group were a few big investments and re-investments made in France in 2018.     Indian projects often involved decision making centers (59% of projects; 53% of jobs) and production/manufacturing operations (18% of projects; 34% of jobs). Investments were mainly made in the software and IT services sector (24% of projects; 30% of jobs), and the machinery and mechanical equipment sector (12% of projects; 21% of jobs).   France also confirmed its leadership as a host country for industrial investments in Europe, with 339 recorded projects, or 5% more than in 2017, as it continued to hold top spot for more than 15 years.   The perception survey that completes the report shows that since the start of 2019, France’s image has remained positive, despite a difficult social climate; 80% of investors set up in France declare themselves to be satisfied or very satisfied with their investments in France, while also highlighting that France must pursue its efforts to increase its attractiveness in fields as varied as education and training; reducing labor costs; reducing taxation; and supporting SMEs and mid-size companies.   “France is modernizing its economy and investors are sensing this strongly as they make long-lasting investments in our country. These results can be read coherently with the record year for foreign investment recorded by Business France. The support provided by the government to high-tech industries and innovative projects, even though it must always be constantly supported, is helping our teams at Business France to convince people and is helping investors to choose France as a destination for their European operations,” said Christophe Lecourtier, CEO of Business France.   “France is convincing more and more decision-makers. The reforms being led and confirmed by the French government show the collective will that exists to make our country more competitive and attractive. The successes of VivaTech and Tech For Good, as well as the emergence of future unicorns, clearly positions France as a European leader in innovation, as shown by the 144 R&D investment projects recorded by this report. From my recent meetings with investors in Hong Kong, Singapore, Berlin and New York, I know that this strong message about a France on the move is being heard. We remain strongly committed to make the potential of France better known, which is particularly necessary work with our non-European partners. We have to capitalize on this!” said Pascal Cagni, Chairman of the Board of Business France.

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.

The “French Tech Tour to India 2017”, a platform to bridging the French and Indian Tech ecosystems

Purva Marwaha - 30-oct.-2017 10:57:25
Business France, the Trade & Investment Commission of France in India, is organizing, with several stakeholders and partners, the second edition of the “French Tech Tour to India”, a multi-purpose and multi-format platform to run over Delhi NCR, Mumbai, Hyderabad & Bangalore from the 13 th  to the 17 th  of November 2017.   The “French Tech Tour to India 2017” will consist in an immersive mission to India for 9 innovative “French Tech” startups and SMEs and 1 of France and the World biggest car makers . The program for these companies will include customize business meetings with Indian start-ups, investors, partners and clients as well as pitch sessions and curated networking cocktails across the 4 cities. The first edition of the event in 2016 pitch sessions and networking and networking event was a tremendous success and recorded a footfall of more than 150 participants in each city.   France is eager to develop strong partnerships with the Indian start-ups ecosystems.  Therefore, the “French Tech Tour to India 2017” will also include meetings with several incubators in the 4 cities, and more specifically  T-Hub in Hyderabad , Indian leading start-ups incubator, and one the biggest in the World. The “French Tech Tour to India 2017” will finally have a strong participation  at the Bangalore ITE.Biz 2017  (Bangalore, 16th to 18 th  of November 2017), with the objective of strengthening reciprocal awareness between the French and Indian Tech ecosystems, and of promoting France as a leading Innovation and Business Hub in Europe for Indian Tech Companies. In the years to come, Business France looks forward to take these initiatives to greater scale.  The French Tech initiative fits in the with the goals and objectives of the “Startup India” and “Digital India” initiatives  by the Government of India. We hope that this spirit of reciprocal learning and collaboration between India and France strengthens in the following years.     *     *     *     *     * 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. With 100,000 Engineers trained yearly, 6,000+ Tech startups, 200+ Tech startup incubators / accelerators, 100+ VC funds active, more and more large companies and Mid-Caps involved into startup initiatives, not to mention our Innovation Clusters, 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” is benefiting from both Software and Hardware-centric capabilities. Also, while France has been historically known for Telecommunications and Media technologies for instance, the country has nurtured a growing number of World market leaders emerging in domains such as Big Data & Analytics (with Success Stories such as Criteo, Scality, Talend or Teads…), IoT and Connected Devices (over 25% of all startups exhibiting at the CES 2016 were French), eCommerce and Sharing /On-demand Economy, or BioTech and MedTech (No. 2 in the World for BioTech and No. 1 for MedTech IPOs over 2011-2015). In addition to public supportive programs, private initiatives such as the StationF to open in early 2017 in Paris (consisting in the retrofit of the Halle Freyssinet, to make it the largest business incubator worldwide with over 1,000 startups spread over 33,000 sqm), shall contribute to sustain this dynamic. Also noteworthy is the fact that many MNCs (Cisco, Facebook, General Electric, Google, Huawei, Intel Corporation, Microsoft, Nokia, Samsung…) have implemented R&D and Innovation centers in France and are increasing the scale of their operations in this domain.   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 This French Tech Tour to India 2017 is part of the larger  French Tech  initiative spearheaded by the French Government and associated public and private stakeholders to promote innovation and the growth of startup ecosystems in France. These initiatives look at bridging the French and India Tech ecosystems, creating reciprocal awareness between the two ecosystems and enabling participating French Tech startups and SMEs to find their future partners and clients and develop in the Indian market   About the “French Tech” initiative: Launched in 2013, the “French Tech” is an initiative spearheaded by the French Government in association with public and private stakeholders in order to nurture the densification, the growth and internationalization of Tech startup ecosystems in France, and to accrue the positioning of France as a leading European Innovation and Business Hub towards any Tech company. It consists in: -  a set of programs (grants to entrepreneurs, access of entrepreneurs to IT and research resources, fund of funds, acceleration fund, “French Tech Ticket”, etc.) designed to achieve these objectives; - networks of labeled ecosystems located throughout France; - a brand and logo, this pink rooster to which any “French Tech” entrepreneur associates itself. The "French Tech" eventually refers to all the stakeholders and individuals contributing to the Tech startup ecosystem in France or abroad. The initiative is sector-agnostic and relates not only to the Digital economy or ICTs, but also to BioTech, CleanTech, EdTech, FinTech, FoodTech, MedTech, etc. For further information, you can log on to the Website of the “French Tech” initiative:  http://bonjourlafrenchtech.com/   About Business France: Business France is the National Agency for the Internationalization of the French Economy, responsible for fostering the international expansion of French businesses as well as promoting and facilitating international investments in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the V.I.E scheme (an international internship program). Business France has 1,500 staff members, both in France and over 70 countries throughout the World.   In India, Business France maintains offices in New Delhi, Bombay, Bangalore and Chennai, with a multicultural team of French and Indian experts who work intensively to strengthen the relations between French and Indian companies. For further information, please visit:  www.businessfrance.fr  and  youbuyfrance.com/in .    Press contact: Ms. Purva MARWAHA and Mr. Julian HOARAU Business France - Trade & Investment Commission of France in India Trade Officers Tel.: 011 43 19 63 06 / 03 @:  purva.marwaha@businessfrance.fr @:  julian.hoarau@businessfrance.fr               MEET THE 10 !   Delegation of the 10 participating “French Tech” enterprises, selected by our esteemed Jury: ORGANISATION : REPRESENTED BY : COMPANY PROFILE : DXO Labs Mr. Nicolas TOUCHARD Vice President Marketing and Product Management DXO Labs is a team of Scientist and Engineers that are revolutionizing the camera component in smart phones and tablets. DXO possesses world-class expertise on applied Mathematics for image processing, camera design and image quality optimization.           Giroptic Mr. Pierre JEANNIN Sales Manager Giroptic is a pioneer in 360 degrees live streaming and virtual reality imaging technologies and services. Its mission is to enable people to communicate, capture and share their experiences in an immersive way.  Lyra Network Mr. Christophe MARIETTE Global sales Director Lyra Network offers services that are developed and implemented to secure and manage payments and data. Areas of expertise include proximity payments (POS services), e-commerce (PayZen solution), connected objects (optimal security and performance solutions for online data transfer) and e-invoicing solutions. MediaWen Mr. Erwan DE KERAUTEM Chief Executive Officer Mediawen International provides secure, cloud based platforms and tools for video content localization including Closed Captioning, Multilingual Subtitling and Automatic Dubbing across Web, mobile and TV. Their solutions incorporate cognitive AI technologies to automate labour intensive work in the following industries: M & E, e-learning, education, health, finance. Moskitos Mr. Bertrand MASSON Chief Executive Officer Moskitos publishes Crosscut®, a scalable and modular integration platform for quickly and totally secure connection of data, APIs and applications and fast digital innovation. Crosscut® gives companies the means to connect applications, devices, IoT, Cloud services and B2B partners by quickly deploying a secure platform that is easy to implement and learn. Patnering Robotics Mr. Ramesh CAUSSY  Founder & Chief Executive Officer Partnering Robotics creates self-learning, mobile and autonomous robots, who’s primary objective is to take care of people and the environment.  A key player in the French Robotics Industry has succeeded in creating a Made in France disruptive technology dedicated to well-being and energy efficiency, and that keeping Humans at the center of the robotic Paytweak Mr. Thierry MEIMOUN Chief Executive Officer Paytweak offers Universal Secure Payment Links and accepts all credit cards and issues electronic SEPA direct debit authorizations, receiving payments directly into one’s bank account with no delay, no intermediaries and no commission charges. Easy to setup, plug and play and accessible in expert or simplified mode, the Paytweak interface enables the whole solution to be controlled from the cloud, importing and exporting data and connecting it to one’s CRM and business software in one click.  StreamMind Ms. Christina LANGER   Head Marketing and Communications  StreamMind has developed a unique, transversal digital platform (TIME™), adaptable to all sectors, that combines everything that is common in your information systems (without impact), and facilitates agile, scalable innovation. StreamMind has developed the software behind the European inter-banking network, SEPAmail™ (present in + 280 European banks). Torskal Nanosciences Dr. (Ms.) Anne-Laure MOREL Founder & Chief Executive Officer  Torskal Nanosciences is a biotechnology company, based in Reunion Island. The company’s purpose is the design & development of metal (gold) nanoparticles by ecofriendly processes. Torskal is currently specializing in the Treatment of Cancer using Nanoparticles. PSAGroupe Mr. Joël VERANY  ‎ Vice President Distribution Strategy and Network Development India PSA is one of the biggest car makers in the world, with renowned brands Peugeot, Citroen and DS. The Group recently bought the iconic Indian name Ambassador and will shortly start to produce and sell cars in India.  PSA plans to develop partnerships in India with Tech start-ups to promote innovation in Sales, Marketing, Customers experience or Mobility.   

#WEF: an enabler for enhanced Indo-French cooperation in electronics & IOT

Purva Marwaha - 29-juin-2017 11:37:40
#WEF: an enabler for enhanced Indo-French cooperation in electronics & IOT The World Electronics Forum (WEF) is a voluntary gathering of CEOs and Directors of electronics industry associations worldwide who meet annually to discuss major topics of common interest, exchange information on services and data and strengthen relations between associations for the benefit of their industries.   The WEF brings together almost 200 high level decision makers of electronics industry associations from many different countries such as the USA, India, China, Japan, Australia, etc. to discuss economic growth, talk about the future and do business together.   The World Electronic Forum (WEF), the annual event which took place in 2016 in Singapore, will be held this year in the city of Angers, French electronics capital from the 24th to 28th October 2017 , this Western Region of France has the greatest concentration of electronics manufacturing facilities & represents 50,000 or one fourth of jobs. This edition of WEF will be the occasion to reflect on what kind of Industry 4.0 , one should build and the Smart usages that will be set.   WEF will be an important platform to exchange ideas, accelerate startups interested in #IoT and #Manufacturing, in the form of the ecosystem of Angers French Tech and to create an IoT City or a City of Smart Devices.   To promote this 22nd edition of WEF in India, Mr. Christophe Béchu - Hon’ble mayor of Angers, Senator, President of Angers French Tech and WEF 2017 President along with Prof. NK Goyal – President of CMAI Association of India, held a press conference at the residency of the French Ambassador in New Delhi on 26th of June 2017.     “The whole city works to put together a memorable event, aware of its importance. It will give Angers a chance to showcase its position as the original electronics production center of Europe, thanks to the massive media coverage involved, along with the core of the world electronics industry’s presence. WEF 2017 is a scope for economic development and encourages us to surpass ourselves.” says Mr. Béchu, Hon’ble Mayor of Angers, Senator, President of Angers French Tech and WEF 2017 President.                                                                                                                    France is the leading producer of radar, navigation and defence electronics and these activities account for 25% of the total output of the industry, French expertise is also evident in the area of robotics, data analysis, artificial intelligence, R&D intensive activities in electronics & in the start up space.   The electronic industry (products & components) market in India is estimated at around 75 billion USD. The sector will be boosted by the government program "Make in India", the objectives of offsets imposed in sectors such as defense and aeronautics, to fiscal and structural incentives (Electronics Manufacturing Clusters, M-SIPS, etc.) to attract foreign direct investment into the country and to reduce India’s large trade deficit in electronic products and components large investments have been announced by the government.   Several major programs launched are expected to boost consumption of electronic products: The Digital India campaign (16 billion USD investment), the ’100 Smart Cities’ program (US $ 14 billion in 5-year government subsidies) E-Governance initiatives (Aadhaar, Cloud, mobile apps, etc.), "Ultra Mega Solar Power" projects (85 billion USD invested by 2022), offsets programs in the Defense and Aeronautics, the National Knowledge Network, etc.   There is already a significant presence of French companies in India in electronics related to Defence, Aeronautics & Aerospace. In June 2016, the Bangalore based Indian company Centum Electronics acquired French company Adetel Group specializing in design, development and industrialization of embedded electronic systems for defence, aerospace, industrial, transportation, medical and energy sectors. Centum Electronics holds 51% percent controlling stake in Adetel Group and is a good example of perfect synergies between the Indian & French companies to ensure value creation for customers.   Thalès, Gemalto, Safran, Famoco, STMicroelectronics & Dassault Systems are the big players working with Indian & French SMEs & the Indian government to actively contribute to the “Make In India” campaign.   The WEF delegation had come to India with the objective of strengthening reciprocal awareness between French and Indian ecosystems, and to promote France along with Angers as the original electronics center of Europe.     About the World Electronics Forum: The World Electronics Forum (WEF) is an annual event which takes place in a different city every year. The last edition took place in 2016 in Singapore. The 22nd edition will take place in Angers, France, the capital of electronics, from the 25th to 28th October 2017. Angers region is a “French Tech ecosystem” in electronics, IOT’s, connected objects. The WEF brings together between 100 and 200 high-level decision makers in the electronics industry to discuss economic growth, talk about the future and do business together from many different countries; India, USA, Singapore, China, Japan, Australia. In order to mark the occasion of this WEF, a special week dedicated to IoT will be organized in the Angers metropolitan area. This exceptional event gathering Angers-based electronics companies, and investors and CEOs from the world’s largest companies will hopefully be a catalyst to create business links and interesting opportunities. About Angers French Tech: Angers is the original electronics production center of Europe, and has developed its French Tech value proposition along two main strands: growth of industry and link with the electronics sector in the West. With the endorsement of its ecosystem in June 2015, Angers French Tech has consolidated its status as the #IoT and #Manufacturing hub of western France. By offering a space where startups can operate alongside electronics manufacturers, the region can implement and accelerate innovative projects by companies of all size, from startups to major corporations. For further information, please visit: www.angersfrenchtech.com . About Business France: Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the V.I.E international internship program. Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners. For further information, please visit: www.businessfrance.fr and youbuyfrance.com.in .   If you want to learn more about the next edition of the World Electronic Forum 2017 – City of Angers, France -  from the 24 th to the 28 th October 2017 wef-angers.com   Press contact: Ms. Purva Marwaha, Business France, French Trade & Investment Commission in India Trade Officer. Tel: 011 4319 6306 / @: purva.marwaha@businessfrance.fr   Angers French Tech contact: Ms. Corine Busson-Benhammou, Angers French Tech & WEF 2017 International Relations and Communication Director. / @: corine.busson-benhammou@angersfrenchtech.com  

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.          

The French Tech will actively take part at the NASSCOM Product Conclave 2016

Julian HOARAU - 19-oct.-2016 06:36:32
  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 W orld. Further initiatives shall yet be developed to truly exploit the synergies and value co-creation of the 2 Startup Nations.       As part of this endeavor, the season 2 of the “French Tech Ticket” program has been extensively promoted in India, with Indian entrepreneurs and early stage startups noteworthy leading, again this year, in terms of number of applications received.     This “French Tech Tour to India 2016 ” , w ill serve several objectives and will consist of an immersive program for 10 innovative “French Tech” startups and SMEs that have been selected by a Jury, the participation of the “French Tech” ecosystem in the NASSCOM Product Conclave 2016 (Bangalore, 26 th and 27 th of October, 2016) and culminating in 3 networking events in Delhi NCR, Bangalore and Mumbai. Seeking to build reciprocal awareness between the respective stakeholders and to bridge the French and India Tech ecosystems, these networking events will gather representatives from the Indian Tech ecosystem, the delegation coming from France, and the 50+ “French Tech” players in India.       Come and meet French startups @NASSCOM Product Conclave 2016 on October 26th & 27th - Bangalore.  

V.I.E contract in India corresponds to the needs of exporters and is now more flexible

Purva Marwaha - 13-mai-2016 13:00:43
V.I.E contract in India corresponds to the needs of exporters and is now more flexible Extended to two years from January 2016, the maximum duration of contracts are now perfectly suited to the requirements of the Indian market. It’s official: the annual quota of V.I.E (International French Volunteership) in India has increased to 250 (against 50 previously) and the maximum length of stay extended to two years (instead of one year). Announced in Paris in April 2015 during the visit of Indian Prime Minister Narendra Modi, the new terms were approved after the state visit of François Hollande in January 2016 and are now effective. According to Thibaut Fabre, Director of Business France India, it is an opportunity to grab for the French companies: "It is now very easy to use this beneficial device that combines all the assets to succeed in India: a flexible HR formula, competitive and that can rely on highly qualified profiles. An Indian market where the business environment requires a long-term investment, V.I.E becomes one of the most appropriate tools to put its commercial development over time. " India’s thriving economy This relaxation takes place in a conducive environment: seventh world economy, becoming the most populous country in the world (2025), India has the highest rate of growth of the BRICS: + 7.5% are expected in 2016, according to IMF data. "More than ever, this country-continent becomes a land of conquest for French companies. It is all the more attractive and is positioning itself as a platform to export in Asia and beyond, "says Thibaut Fabre. Talented, creative and autonomous The profiles of the most sought V.I.E are those young graduates specializing in engineering, finance, project management, implementation of quality policy or commercial development. "Candidates should also know exercise of autonomy, creativity and a strong ability to adapt. It is crucial for success in this unique market overseas export, "says Thibaut Fabre. This program, better known by the companies also allows them to sustain their presence after a first commercial success. The young graduate is both a local support and a gateway to the headquarters, said Business France. This is what motivated the engine manufacturer Leroy Somer. For Leroy Somer, the V.I.Es are a nursery of talent involved in international development: "The V.I.E allows better communication with our factories in France. They provide the relay with local teams and help us to realize the projects we could sometimes not start without them. " If the company does not have its own offices yet, the V.I.E may receive a direct debit via ad hoc platforms, such as the Chamber of Commerce Franco-Indian. These accommodations make life easier for the company and is an asset for French SMEs in their efforts to export.   Six key areas to target the Indian market - Sustainable development: renewable energy, smart cities, waste treatment, ... - Health: hospitals, modernization of equipment, access to care ... - Automotive: reminder, India is the 6th world producer of cars - Food: equipment, packaging, storage, ... - Consumer goods: textiles, leather goods, luxury ... - Internet and digital e-commerce, Internet of Things, solutions and services on the internet and mobile telephony, FinTech, RetailTech, e-Health: a rapidly growing sector, ...
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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