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Indian Maritime sector: an Ocean of Opportunities

Purva Marwaha - 26-juin-2019 13:46:42
As India grows to be one of the major economies in the world, it will require a vibrant and strong maritime industry to strategically support this growth. India is the 16 th largest maritime country in the world and its maritime transport handles around 95% of India’s trading by volume and 70% in value terms. India’ s strategic location along most major shipping highways , with a vast coastline of 7500 km, endorses the growth of a Blue Economy   in a sustainable, inclusive and people centred manner.   India  is developing its  maritime infrastructure   as well as its inland waterways and coastal shipping through the launch of several major initiatives such as the Sagarmala project, ports modernization and Inland Waterways & Coastal Shipping development, which will revolutionize maritime logistics and port led developments in the country. India’s ambitious Sagarmala programme has identified 600 plus projects entailing huge investment of around 120 billion dollars by the year 2020. This will save nearly 6 billion dollars per annum in logistics costs besides creating 10 million new jobs and boosting port capacity by 800 MMTPA to an overall 3500 MMTPA. Coastal Economic Zones (CEZs) are being developed under Sagarmala with a proposed investment of 150 Million dollars per location. These CEZs will thus foster blue economy wherein industries and townships that depend on the sea and contribute to global trade through sea connectivity are envisaged. The Indian Navy too, is giving a strong push to the Make in India initiative as it strives for self-reliance in the production of warships.  Also, in view of the recent regulations to control emissions from ships set by International Maritime Organization, there will be a growing need to collaborate for environment-friendly technology & solutions, such as LNG powered vessels, as well as green ports. In the pursuit of these endeavours, another key area is training & development of manpower, university partnerships to encourage innovation, knowledge sharing and transfer through partnerships and technological assistance from maritime countries to orient the workforce towards world-class manufacturing techniques and processes. Keeping this ambition of India in mind, Business France in partnership with the maritime cluster, will be organising a Maritime days event focusing on important sub-sectors like port infrastructure development, port modernisation, shipbuilding, waterways etc. This program is scheduled to take place in November 2019 . If you wish to collaborate with us for this event, please write to zaver.mistry@businessfrance.fr     Sources : Business Standard, Forbes India

Brioche Dorée comes to India

Olivier Delbecq - 27-mars-2019 05:42:43
Internationally acclaimed, Parisian French Bakery, Brioche Dorée launched its first exclusive store in India at Connaught Place, New Delhi. A perfect blend of French cuisine meets the Indian palette, Brioche Dorée serves a delectable range of traditional authentic French products. Brioche Dorée is known to be the second largest bakery/café chain in the world. It will serve pure vegetarian stuff in India.

Sud Ouest Food meetings

Olivier Delbecq - 27-mars-2019 05:40:51
  EVENT’S NAME : Sud Ouest Food meetings   CITY/COUNTRY: Bordeaux/France   DATE : 12-14 May 2019       Sud Ouest Food meetings invite a selection of 40 food buyers from all over the world who will have the opportunity to meet new quality suppliers, Two Indian buyer will attend this event : CHENAB IMPEX PVT. LTD and FOODHALL.   This is an excellent opportunity to discover South-West of France food traditions.  

2019: A crucial year for India’s renewable energy targets

Kushal SENGUPTA - 26-mars-2019 11:35:53
  India accounts for approximately 4 percent of the total global electricity generation and contributes 4.43 percent to the global renewable generation capacity. According to a Climatescope 2018 report by research organisation Bloomberg NEF (BNEF), India has become the largest market globally for auction of new renewable energy generation projects and the second-largest destination for clean energy investments. Globally, India stands at No. 5 in terms of total renewable energy installed capacity, behind only China, U.K., Germany and U.S. India’s goal is to achieve   175 GW of renewable capacity by 2022 which includes 100 GW of Solar power, 60 GW from wind power, 10 GW from biomass power and 5 GW from small hydro power.   As of January 2019, the total renewable power installed capacity (excluding large hydro) in the country stood at 74.08GW with wind comprising of 47% and solar comprising of 34 % of the total renewable energy mix in the country. The western and southern states account for around 90% of the installed solar capacity.   Wind and solar energy will play a key role in India’s ambitious target of meeting 175 GW by 2022. India ranks fourth in the world in terms of total installed wind power capacity. In 2018 (up to September), India added the second highest solar capacity in the world, after China. Solar installation in India is expected to increase 360 percent by 2020.   In 2018 the Governement of India took some major initiatives in the renewable energy sector :   100% electrification of all inhabited villages in India Prime Minister, Narendra Modi inaugurated the first general assembly of International Solar Alliance (ISA) India added approximately 9.5GW of renewable energy capacity—7GW of solar capacity and 2.5 GW of wind capacity The ministry of new and renewable energy released regular tenders, and 15GW of wind and solar capacity was allocated. India added a record 1.5GW of capacity rooftop solar market The ministry also promoted new avenues for renewable energy growth—floating solar, hybrid, large-scale solar manufacturing and off-shore—some of which got tremendous response from the industry.   The year 2019 will be crucial in deciding whether India can meet its renewable energy targets by 2022. The sector needs major technological and public policy interventions to successfully meet its target of 175GW by 2022 and the long-term target of achieving 40% of India’s electricity capacity from renewable sources by 2030. Non-conventional energy received FDI inflow of US$ 7.48 billion between April 2000 and December 2018. In order to reach the 2022 targets, India needs approximately $75 billion in investments over the next four years—both debt and equity capital.   Author : Kushal SENGUPTA Trade Advisor -Industry & Cleantech Department Business France Mumbai Source : Fortune India, Renew Power, Ministry of Renewable Energy India, IBEF

The growing interest for the senior healthcare sector in India

Brinder Rault - 15-mars-2019 10:35:05
  The 25 th edition of Indian Medical Fair took place in New Delhi from the 21 st of February to the 23 rd of February 2019. This event gathers actors of the medical sector from India and abroad. Exhibitions and conferences were happening. This year, the themes of the talks were exploring the following subjects: the Ayushman Bharat, the future of Healthcare, the Medical Devices and Equipments market, the consumerization of Health and the question of medical entrepreneurship.     One would also notice the growing interest for the senior care and the market of senior healthcare services. Indeed, a special corner, named “Rehaindia” was dedicated to the actors of the senior care where one could meet companies offering medical devices for elderly, gymnastic tools, nutritionist and physiotherapists.       In 2018, the number of seniors in India stood at 116 million people, or 9% of the population. Seniors are more present in rural areas (77 million) than in urban areas (39 million). By 2025, the number of elderly people in India is expected to be 158 million (higher than the population of Russia), or 11% of the population. Between 2010 and 2050 the number of seniors will have tripled and life expectancy will have increased from 67.5 years to 79.5 years.   These different points make it possible to affirm that the silver economy is a buoyant market in India. According to a report published by CII [1] , the Asia-Pacific region is the one whose service market for seniors will increase the most. The strongest growth to come will be in the following sectors:   - Public institutions interest and policies   - Home healthcare services   - Specific medical devices for the elderly   The home healthcare sector is the main market today in terms of demands and offer. It corresponds to the expectations of the Indian society which is to grow old at home and is in phase with the evolutions of the Indian medical sector which tends to use the technology and the mobile applications to make benefit of services of health care at home.   The real estate players are also surfing on the wave. One could observe the emergence of community centres and retirements homes for senior such as Portea, Healthcare at Home (Dabur), Max Healthcare (Max Home), India Home Healthcare, Care24.   With such growing interest, huge opportunities will arise. Infrastructures will be needed, medical devices too, and trained professional to assist the elderly (indeed, it is now estimated that the number of workers in the senior services sector is 4.5 million and could reach 10 million in 2025).   [1] CII, Senior Care industry Report India 2018  

Strong French Presence at Vibrant Gujarat 2019

Audrey Lucbernet - 18-févr.-2019 08:12:48
Along with a french delegation comprised of 80 delegates (about 25 french companies ) headed by HEM Mr Ziegler, Ambassador of France to India, Business France’s team attended the Vibrant Gujarat Summit from 17th to 20th January 2019 in Ahmedabad/ Gandhinagar and met with potential investors from Gujarat.   Two French companies exhibited under Business France Pavilion , BIC Cello ( Stationary )  and Axens .   A Country Seminar was organised on 19th January in order to highlight the French expertise in various sectors including Energy, Agrofood , Defense & Aeronautics , Technology etc.

You want to innovate in pharma / biotechnologies in France? Meet Invest in Lyon in India!

Audrey Lucbernet - 18-févr.-2019 08:09:04
  Should you wish to innovate in pharma / biotechnologies in France, keep in mind the forthcoming visit to India of a delegate from Lyon (South-East of France), Mr Cédric Grignard, Director New Businesses and Innovation of Invest in Lyon.       Lyon has a strong ecosystem in life sciences and has the following  major cluster active in biotechnology & pharma industry: https://lyonbiopole.com/en       Should you be interested to meet Cédric, please do let us know. He will be in Mumbai on Tuesday 19th and Wednesday 20th of February 2019 and in Hyderabad on 21 st of February 2019. Please address you request at: audrey.lucbernet@businessfrance.fr  
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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