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France, the new European place for Finance

Purva Marwaha - 27-juin-2019 13:18:39
France, the new European place for Finance   DID YOU KNOW? 4 reasons why France is becoming the new European place for Finance   1. A LEADING ECONOMY #5 world’s economy #2 European market: €2,210 bn (2017) up 2% GDP growth in 2018 Euronext: Eurozone Equity #1 stock market in capitalization   2. A LEADING FINANCE INDUSTRY     IN THE EUROPEAN UNION #1 for asset management #1 for private equity and venture capital #1 for insurance and banking solutions 6 French schools in the Financial Times ’s global Top 12 for best Masters in Finance   3. MAJOR OPPORTUNITIES #1 concentration of global Top 500 corporate HQs in Europe #2 household savings rate in Europe #1 R&D environment in Europe Pro-business government and local authorities   4. AT THE HEART OF THE EUROZONE A direct access to 500 million European consumers Relocation of the European Banking Authority in Paris An access to Europe, through the financial EU passport, and a gateway to the world, through bilateral agreements     A PRO-TECH GOVERNMENT “France is witnessing reform at a rate never seen before” Financial Times - May 17, 2018   1. LABOR MARKET New Labor Law: November 28, 2017 Greater flexibility : more flexible rules governing dismissals; company-level bargaining Reduced costs : financial cap in courts on damages for unfair dismissals   2. TAX CUTS 30% flat tax on capital Reduction of corporate tax from 33.3% to 25% by 2022 Abolished: wealth tax + exit tax   3.   NEW REGULATION Pro-immigration: fast-track “Tech Visa” for foreign entrepreneurs & employees Fostering AI : opening of State-owned data, e.g. in healthcare & transportation Crypto / ICO: new pro-innovation regulation   4. INVESTING IN THE FUTURE: INVESTING IN CAPITAL Launch of the Next 40 index €10 billion public fund for innovation and industry €50 billion investment plan for the digital transformation     FRANCE IS THE IDEAL SPRINGBOARD FOR GLOBAL FINANCE An easy access to the European financial market through the EU Passport and MoUs signed by French NCAs with non-EU regulation authorities   CHOOSE FRANCE 

Ambition India & Roadshow of Indian companies in Lille and Paris

Audrey Lucbernet - 31-mai-2019 07:17:41
Ambition India & Roadshow of Indian companies in Lille and Paris - 20 to 22/05/2019 3 days program with a delegation of Indian companies in France Day 1: Roadshow in Hauts de France, program organised by Nord France Invest & Région Hauts-De-France Presentation of Euralimentaire, the food excellence cluster that brings together innovation stakeholders in agri-food, nutrition, health and logistics in the Hauts-de-France Region, followed by a presentation of REV 3, the "3rd Industrial Revolution" Mission. REV 3 is a collective dynamic that aims to transform the Hauts-de-France Region into one of the most advanced European regions in terms of energy transition, digital technologies and new economic models (circular economy, economy of functionality and cooperation, etc.) and visit of the port of Dunkirk which has a huge potential to welcome logistics and industrial projects, in the context of Brexit – a dozen of of participants Day 2: roundtable Attractiveness of France during Ambition India, Franco-Indian business forum organised by Business France in Paris on 21st of May 2019 with a panel of Indian success stories composed of Arvind Mehra, CEO of Mahindra Aerospace, Nagesh Kumar, head IT of TCS France, Anurag Rathor, CEO of Zify, Haru Mehra, CEO of Le Frehindi & Antoine Leborgne, Project Manager of Stellapps ; round table moderated by Pranjal Sharma, writer and journalist - more than 50 participants were present at this roundtable. Day 3 : Roadshow in Ile de France, program organised by Paris Region Enterprises Presentations of Paris’ region, the 1st European Business hub and its opportunities in finances and services, in the context of Brexit & visit of the Descartes smart city cluster, its incubator and its fablab - a dozen of participants.

Interview Mr Kunal Kumar: India’s Smart Cities Mission, perspective for French companies

Aurélien Sostaponti - 31-mai-2019 07:10:45
BUSINESS FRANCE IN INDIA India’s Smart Cities Mission Perspectives for French companies on the occasion of Ambition India 2019 – Business France Replies by: Mr Kunal Kumar Joint Secretary (Mission Director – Smart Cities), Ministry of Housing and Urban Affairs (MoHUA), Government of India Q1. Could you please provide a brief introduction of India’s Smart Cities Mission (SC Mission)? India’s Smart Cities Mission was launched by the Prime Minister Shri Narendra Modi on June 25, 2015. The main objective is to promote cities that provide holistic and integrated infrastructure and a great quality of life to their citizens while maintaining a clean and sustainable environment. The focus is on sustainable and inclusive development and idea is to look at compact areas, create replicable models which will act like lighthouses to other aspiring cities. The process of selection of 100 smart cities was based on the principle of Cooperative and competitive federalism —all cities were given equal opportunity to enter through All India Challenge conducted in four rounds. The cities competed in a two-stage challenge process at the State and Central level. Key features of this process were Citizen Engagement and City Empowerment where cities were encouraged to decide their aspirations and execute them with support from Central and State Government. Integration, innovation and sustainability are guiding principles of the Smart Cities implemented through provision of integrated infrastructure and services, promoting circular economy and sustainable habitats, reimagining paradigms of governance and spurring innovation in delivery of solutions. Technology is one of the many instruments that smart cities are adopting to solve urban challenges. Inclusiveness is built into the mission to ensure that each and every citizen benefits from the urban transformation that is taking place in the smart cities. Each Smart City has formulated its own concept, vision, mission and plan (Smart City Proposal--SCP) which is appropriate to its local context, resources and level of ambition. Every SCP includes core-infrastructure elements such as assured water supply, electricity supply, sanitation and solid waste management, efficient mobility and public transport, affordable housing, safety and security, health and education. Smart Solutions in SCP include a bouquet of services that ensure that service delivery levels are achieved and measured, citizen services are seamlessly delivered, grievances are timely registered and resolved and safety is increased through video surveillance and monitoring. Q2. Please share some highlights of the progress of the Smart Cities Mission since its launch in 2016? Since the launch of the mission in June 2015, the work has progressed at a brisk pace. 100 cities were selected over a period spanning from January 2016 to June 2018. Post selection, each city has incorporated an SPV or Special Purpose Vehicle, with dedicated management and organisation structure to drive the project implementation and other initiatives of the mission. The SPV has appointed the project management consultant (PMC) that will support the SPV in planning, design and implementation of the projects. The projects can be broadly categorised into four themes : • Ease of Living - urban mobility, affordable housing, water and sanitation, safety and security, vibrant open spaces • Smart Governance – Integrated Command and Control Centres, Smart Card, Online Services, Intelligent Traffic Management System, Smart Poles • Connected Communities – Smart Education/ Classrooms, Skill Development, Public Art, Built Heritage • Urban Resilience – Solar and Wind Energy, Waste to Energy Plants, Green Buildings, Energy Management The 100 smart cities have proposed to execute 5 151 projects worth € 26.65 billion (INR 2 05 018 crores) in 5 years from their respective dates of selection. Financial innovation is built in the design of their capital investment plans. 64 % of the total projects i.e. 3492 projects, worth € 17.16 billion (INR 1 32 068 crore) have been tendered in SCM of which work orders have been issued in 41 % i.e. 2745 projects worth € 11.32 billion (INR 87 131 crore). 860 projects worth € 1.88 billion (INR 14 465 crore) have been completed. This is a significant increase in pace of implementation—289 % increase in tendered projects and 358 % in implementation/completed in last 16 months! Mission Cities have successfully expedited work on key projects which include: Integrated Command and Control Centers (ICCC) in 71 cities with operational in 16 cities; Smart streets projects in 69 cities; Smart Solar energy projects in 47 cities; Smart Water management projects in 67 cities; Smart Waste Water management projects in 56 cities. Projects are being executed through Public Private Partnerships in 61 cities. Q3. With regards to the Indo-French cooperation on Smart Cities, what views would you like to share? The relationship between India and France dates back to several decades and has been scaling heights in recent years. Indian Prime Minister paid a landmark visit to France from 09-12 April 2015. Former French President Hollande paid State visit to India during 24-26 January 2016 and was our chief guest for India’s Republic Day celebration. Our Prime Ministers have been meeting regularly on different platforms. The scale of cooperation between the two countries may be understood from the fact that almost 1000 French companies are present in India with a total turnover of more than € 17.8 billion (20 Billion USD). French companies have; the third largest FDI inflow, 25 R&D centres in India and employed around 300 000 people in India. On the other side, 120 Indian companies operating in France with an estimated investment stock of 1 billion Euros and employing around 7000 people. With regard to the Smart City Mission in India, France and India are collaborating on a very interesting project, City Investments to Innovate, Integrate and Sustain (CITIIS) Challenge. CITIIS was launched on 9th July 2018 by the Smart Cities Mission, Ministry of Housing and Urban Affairs in partnership with Agence Française de Développement (AFD), European Union (EU) and National Institute of Urban Affairs (NIUA). The program, the total size of which was € 100 Million, was open to all the 100 smart cities During the Challenge process for selection of projects under CITIIS, 36 Smart cities submitted a total of 67 proposals belonging to various themes. Of these, 13 projects from 13 cities and 12 States were selected for award by a distinguished jury comprising of nine experts from India and France. MoUs have also been signed between AFD (French Development Agency) and UT of Chandigarh, Puducherry and State Government of Maharashtra for development of Chandigarh, Puducherry and Nagpur. (Support for preparation of SCPs and implementation of projects) As part of urban transport improvement initiatives in India, financial assistance to various Metro projects were provided by AFD such as Bangalore Metro (€100 million - Phase 1, € 200 million -Phase 2), Kochi Metro (€ 180 million) and Nagpur metro. With regard to technical collaboration, technical support was provided to various Metro projects such as signaling system in Bangalore Metro, telecommunication and power & traction in Kochi Metro etc. The two countries have been working together in several fields ranging from civil nuclear cooperation, defense, and space to cultural, scientific and technological areas, including cybersecurity and digital cooperation. I would like to see this cooperation grow in the areas of urban development and combating climate change. Q4. In terms of projects, kindly elaborate the type of projects for which international companies can be useful to India’s Smart Cities Mission. I would like to see international industry actively participating in India’s urban sector via one or more of the following three tracks: 1) Providing technical support/capacity building support to cities/design and execution professionals already working in India; 2) Undertaking projects design and implementation of projects through competitive bidding/consortium building; and 3) Bringing in investment to Indian projects. Some areas we would like their participation in are: • Smart energy systems, net zero cities/precincts • Urban design of complete streets Reviving local economies • Increase on disaster resilient cities and communities • Urban Mobility and Transit Oriented Development (TOD) • Design of cities promoting circular economy; water and waste management Design of accessible urban spaces for the old and the people with disabilities Q5. Could you help us understand what are and will be the different types of preferred tendering processes to be used for projects under the Smart Cities Mission? We do not prescribe any particular tendering process to be used for projects under the Smart Cities Mission. The smart city SPV has the authority to carry out the tendering process for all projects. The tendering process is often guided by the procurement rules prescribed by the state governments. The state governments have their own procurement rules, procurement manual and in some instances standard documents to be followed by the state agencies. The city SPV undertakes a project development phase for individual projects that includes preparation of the feasibility study and/or Detailed Project Report (DPR). The tendering of the projects is done after the approval of the feasibility study/DPR. The tenders are published widely to maximise participation. Most of the tenders are evaluated both on cost and quality; lifecycle costs are taken into consideration for long gestation projects. Level playing field is made available so that the best companies can participate. Their participation has been one of the highlights of the Mission. Not only the best Indian companies, but renowned international companies have participated and are successfully executing projects in various cities. Q6. Can you elaborate what is the emphasis given, under the SC Mission to 3 sectors: mobility (urban transportation), water-waste management and connectedness of services for citizens? The Smart City Mission in India is envisioned as an urban rejuvenation initiative encompassing holistic development of urban areas including, but not limiting to, smart command and control centre, smart roads, smart solar, smart waste water and smart water projects. The three sectors with regard to mobility (urban transportation), water-waste management and connectedness of services for citizens are an integral part of the Mission and have been central to its objectives.Mobility (urban transportation): Smart transportation leverages smart infrastructure that includes multi-modal connected conveyance, automated traffic signals, tolls and fare collection, data integration—incorporating weather and traffic data, linking emergency services data as well as information from government agencies— drives the system. A central command centre ties together the smart transportation ecosystem, with real-time and updated data, handling passenger information, traffic signals, incident management and vehicle health monitoring. Optimized ‘on-demand services’ ensure that citizens can use all modes of transport according to their needs. Shared mobility solutions help provide first and last mile connectivity in conjunction with public transportation, they can act as feeder services and improve access to metro/rail or bus services. We are aiming to make public transportation robust and accessible through multi-modal shared mobility, so that citizens can choose it for all their commuting needs be it travel for work, travel for daily needs or for leisure. This can help move people away from private vehicles, which can contribute to lowering congestion and pollution. Cities under the Mission, are using technology to develop such seamless and connected transportation systems. Technology driven smart public transportation offers more attractive, reliable, convenient and complete choice of mode to commute. This reduces dependency on cars, arrests urban sprawl, and enables city authorities to develop compact cities with more focus on moving people rather moving cars. Lesser cars on roads will also reduce city’s air pollution levels. Moreover, with the continuous advancement in development of electric vehicles, smart transportation is destined to transform cities to zero emission mobility smart cities. In the Mission cities till date, total of 734 smart transportation projects worth € 3.64 billion (INR 28000 crore) are under implementation/completed. Electric mobility projects worth € 0.08 billion (INR 601 crore) are under implementation/completed in 21 cities. Public transport operations and traffic management are integral part of all ICCC enabled cities. Smart streets worth € 0.67 billion (INR 5146 crore) are under implementation/completed in 35 cities. I would like to mention that this is just the tip of the iceberg and many more such projects are being conceived across the country as I pen this down. Water and Waste Management: Under Smart Cities Mission various initiatives are undertaken for improving water systems in smart cities. These projects include installation of smart water meters, providing house service connections, upgradation of water supply systems, interlinking of water network data with SCADA system etc. The aim is to upgrade the existing water supply systems to 24X7 water supply systems. A total of 315 projects with estimated cost € 2.96 billion (INR 22 817 crore) are at various stages of implementation across the Mission. Of these, 35 projects worth € 0.16 billion (INR 1218 crore) have been completed, 126 projects worth € 1.32 billion (INR 10 119 crore) are under implementation and 45 projects worth € 0.57 billion (INR 4391 crore) are under tendering stage. Several initiatives with regard to waste management are also being implemented under this mission. These projects include waste to energy plants, waste to compost plants, waste water treatment plants, recycling and reduction of construction and demolition waste etc. A total of 323 waste management projects with estimated cost € 1.96 billion (INR 15 116 crore) are at various stages of implementation across the Mission. Of these, 90 projects worth € 0.19 billion (INR 1456 crore) have been completed, 177 projects worth € 1.32 billion (INR 10 182 crore) are under implementation and the rest 56 projects worth € 0.45 billion (INR 3478 crore) are under tendering stage. Regarding waste to energy plant, a total of 18 projects worth € 0.31 billion (INR 2401 crore) in 17 smart cities are at various stages of implementation. Of these, 4 projects worth € 0.026 billion (INR 202 crore) have been completed, 6 projects worth € 0.23 billion (INR 1790 crore) are under implementation and 2 projects worth € 0.043 billion (INR 338 crore) are under tendering stage. As mentioned in the case of mobility, there are many more projects than the ones which have found mention here, and hence the amount of work that remains to be taken up is clearly very large. Connectedness of Services for Citizens: Smart Cities leverage ICT based technologies and digitalisation to make governance citizen-friendly and cost effective, bring about accountability and transparency, provide services without having to go to municipal offices, form e-groups to listen to people and obtain feedback, and use online monitoring of programs and activities with the aid of online tools. In line with this, Integrated Command and Control Centres (ICCC) are being built by many smart cities to help cities in better urban planning and management. ICCCs function as single source of information and point of resolution of the civic functions of the city. They are bringing transparency through information sharing, a step towards becoming an inclusive city. Some of the ways an ICCC will impact citizens’ lives are: • Improved decision making for (local and other levels of) governments • Improved environmental sustainability and climate change outcomes. • Improved quality of services to citizens • Safety of citizens • Making cities more inclusive A total 71 out of 100 smart cities have started work on ICCC as one of its projects under the Mission. Till date, 16 Smart Cities have operationalised ICCCs worth € 0.38 billion (INR 2927 crore), work is in progress in another 44 cities worth € 0.54 billion (INR 4170 crore) and remaining 11 cities have their projects under tendering. Q7. Regarding the finances of the projects under the SC Mission, what is the extent of the available government funding and to what extent is the PPP and the private funding expected? The Mission encompasses 100 cities which have proposed to execute 5151 projects worth € 26.65 billion (INR 2 05 018 crores) in 5 years from their respective dates of selection. innovation is built in the design of their capital investment plans. The distribution of funding envisaged from different sources is as follows: • Central and State government: € 12.16 billion (INR 93 553 crore) (45%), • Convergence : € 5.46 billion (INR 42,028 crore) (21%), • Funds from PPP : € 5.33 billion (INR 41,022 crore) (21%), • Loans/Debt : € 1.27 billion (INR 9,843 crore) (4%), • Own sources : € 0.34 billion (INR 2,644 crore) (1%), Other sources: € 2.07 billion (INR 15 930 crore) (8%). Q8. Several foreign investors have remarked that most ULBs are not financially selfsustainable and tariff levels fixed by the ULBs for providing services often do not mirror the cost of supplying the same. Could you please share your opinion in this regard with us? I ascribe to the idea of ‘Think Global, Act Local’. While most development takes place at city level, they have to be mindful of the impact of their actions on the planet. To achieve that we must empower our cities to not only act but also think, analyse and take decisions. Having said that, cities need to become autonomous in terms of meeting their financial and other resource needs for infrastructure development, and day to day management. Lack of adequate infrastructure adversely affects a city’s ability to attract investment, and hence economic sustainability. Most of the ULBs lack in mobilization of resources and financial autonomy. The total revenues of all Urban Local Bodies (ULBs) in India merely amounts to about 1% of India’s GDP. The resource base of ULBs typically consists of their own sources, state revenue, government grant, loans from state governments, and market borrowings. They are sometimes not aware of the opportunities and avenues of generating revenues through taxes and non-tax charges. Even if they are aware, they do not have the skill to optimize tax collection. ULBs in India, therefore, have a minimal revenue base and largely dependent on Central and State grants, which constrains the ability of ULBs to invest adequately in capital expenditure like creating infrastructure and, thereby, improve quality of life in the city. Strengthening capacities of ULBs is necessary for effective resource mobilization. Their financial capacity is often restricted not only by low tax base but also low capacity for mobilization of existing resources, as result of which the ULBs are not able to harness property tax as per their potential due to undervaluation; non-availability of database of properties; low rates; low collection efficiency and lack of indexation of property values. We do realise financial self-sufficiency of the ULBs is an absolute must. Steps are being taken at all levels to empower ULBs to become self-sufficient. While the Constitution of India envisaged a two-tier system of federation, the 74th Constitutional Amendment Act, 1992 added third tier of government viz. urban local bodies. The amendment aimed at devolution of functions, finances and functionaries to ULBs. We, at the Ministry encourage cities to raise funds through municipal bonds, review of property tax system to improve efficiency and transparency in collection and mobilization of resources. Only in the last couple of years we have started to see a renewed vigour from Indian cities in raising money from the market through the instrument of Muni bonds. Several new initiatives for financial innovation are also being attempted and are showing encouraging signs of transformation. We are working on Capacity building of local government leaders such as Commissioners in : • financial management, preparation of financial statements for increased efficiency • improving the quality of service delivery which is the cornerstone for effective and sustainable urbanisation • exploring innovative/alternative sources of revenue generation at the municipalities level such as PPP, Municipal bonds, venture capital financing, crowd source financing, entertainment tax, mobile towers, user charges for solid waste, water, parking, value capture financing, etc. • enhancing citizen participation, e-governance tools like on-line procurement, tenders, and online expenditure reports. I am sure with all the efforts Government is making in this direction, local governments will soon be in a better position than they were a few years ago.

“2018 Annual Report: Foreign investment in France” published Ambassador Alexandre Ziegler welcomes increasing Indian investment in France

sophie Canciani - 29-avr.-2019 08:46:11
New Delhi. April 12, 2019. The “2018 Annual Report: Foreign investment in France”, which was released at a press conference held earlier this month at the French Ministry for Economy and Finance, is a testimony to foreign investors’ renewed confidence in France as a business destination. The report was unveiled by Mr Bruno Le Maire, Minister for Economy and Finance, Mr Christophe Lecourtier, CEO of Business France, and Mr Pascal Cagni, Chairman of Business France and Ambassador for International Investment. A total of 1,323 investment decisions in France in 2018 – at an average of 25 decisions per week – created or maintained 30,302 jobs. Investments at new sites increased by 14% in 2018, with 741 new decisions, thus representing more than half (56%) of total investments. This increase in investment in new sites reflects France’s popularity and attractiveness. There were 500 investments that involved the expansion of existing operations , thereby generating 15,588 jobs in 2018. Welcoming the upsurge in Indian investments in France, Ambassador of France to India, H.E. Alexandre Ziegler said, “W ith 17 investment decisions, recorded in 2018, and more than 150 Indian companies already in France , employing more than 7,000 people, Indian investments reflect the improvement in France’s image as a business hub.” In 2018, Indian projects often involved decision-making centres (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). Sophie Clavelier, Senior Trade and Investment Commissioner for India, VP of Business France for South Asia , added, “The diversity of France’s regions and cities continues to drive their attractiveness among Indian investors. Ile de France / Paris region (59% of projects; 50% of jobs) , Auvergne-Rhône-Alpes (18% of projects) , Grand Est (12% of projects), Hauts de France, Nouvelle Aquitaine and Occitanie were home to the main Indian investment decisions in 2018.” Business France, together with its French regional partners, helped secure major new Indian investments like Samvardhana Motherson Group, which invested €201 million for the acquisition of Reydel Automotive and Rahman Group. Thereafter, it acquired French safety footwear key player, Lemaître Sécurité SAS, in 2007, and is now reinvesting in the Grand Est region through the construction of its first 4.0 production facility. Trade between France and India continues to expand: French companies have today more than 550 Indian subsidiaries (with more local establishments that cover the entire territory) and currently employ approximately 360,000 people, for a cumulative turnover of € 12.1 billion To strengthen trade and investment links between French and Indian companies, Business France organizes a major annual Indo-French Business Forum , Ambition India , which includes sessions on business environment, project’s financing, HR, attractiveness and sectorial roundtables, networking lunch and B2B meetings. The 2019 edition will take place in Paris on 21 st May, at which more than 200 companies , experts, advisors and representatives of government bodies are expected. H.E. Alexandre Ziegler will participate in Ambition India and will also lead a delegation of Indian investors to France in Bordeaux, Paris and Lille the same week. *** Note to Editors Business France, the national agency supporting the international development of the French economy, is responsible for fostering export growth of 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 destination, and also runs the VIE international internship programme. Business France has 1,500 personnel, in France and in 58 other countries throughout the world, who work with a network of partners. For further information, please visit: www.businessfrance.fr   Business Forum Ambition India: www.ambitionindia.fr

Job offer - TRADE OFFICER – BUSINESS SERVICES DEPT(MARKET ACCESS)

Sophie CANCIANI - 19-févr.-2018 10:40:04
 URGENT - LOOKING FOR A TRADE OFFICER AT BUSINESS SERVICES DEPARTMENT : 01/05/2018 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 investments in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the VIE international internship program. Founded on January 1, 2015 through a merger between UBIFRANCE and the Invest in France Agency, Business France has 1,500 employees, 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    Business France in India (with competencies also for Pakistan, Sri Lanka and Bangladesh) is made up of about 30 operational experts present in 4 cities (New Delhi, Mumbai, Bengaluru and Chennai).   EXPORT: Proactive assistance for every step of export plans for French companies : assisting the companies to opt for an adequate strategy for India; identifying prospects and potential partners, organising business development, providing market access information, advising on setting up operations in India, etc.   INVEST: Assistance for Indian companies with market research and investment projects in the French market. The team supports investors throughout the entire process, providing customised services in order to develop a project that is adapted to their goals. Different services are provided free of charge and in total confidentiality.   PROCOM: Communicating on the attractiveness of France as an investment destination & on the international development of France economy. Working with key opinion leaders who can promote advantages of the French market in Europe.   Their activity is organised around 4 sectorial division and 1 transverse division : Divisions with sectorial expertise and approach :  AGROTECH: Agricultural products & Food Technology;  ART DE VIVRE & HEALTH: Lifestyle, Fashion, Sport, Luxury & Healthcare   INDUSTRIES & CLEANTECH: Infrastructure, Transportation, Industry, Energy & the Environment   TECH & SERVICES: New Technologies, Innovation, Services    Division with Interdisciplinary expertise and approach :  BUSINESS SERVICES DEPT : Market Access, Marketing & Communication, VIE Program JOB DESCRIPTION  TRADE OFFICER- Business Services Dept – Market Access Activity   The Business Services Dept via its network of partners proposes global solutions dedicated to companies whose needs are :  - to validate the conditions of Market Access,  - to set up a structure in India,  - to consolidate and increasr their presence in India via communication events or even doing customised market studies for companies for e.g on topics like taxation, regulatory aspects, import procedures, customs …   This Department is headed by a Head of Department based in Mumbai and is mainly composed of 3 activities :  - Market Access (> 1 person) - Marketing-Communication (2 persons) - Promotion & Management of the VIE program for India (1 person)   With the support of the Head of Department based in Mumbai, the Trade Officer-Market Access will be in charge of informing and advising the French companies on their queries and difficulties regarding regulatory, legal aspects, taxation or setting up their businesses in India. The selected candidate will also need to develop services of added value for companies who wish to develop their long term strategy in India.   This assignment revolves around the following tasks : - Promoting the services of Business France in India and particularly the services of the Market Access Activity - Advising the companies on their market entry strategy in India - Proposing services on a chargeable basis to companies on a wide range of subjects, as such : • Regulatory (export, customs duties etc) • Legal aspects (company law, labour law etc) • Taxation (direct taxation, indirect taxation etc) • Setting up business (feasbility studies, validation of Business Plans, validation of hypotheses, costing etc) • Accompanying companies who wish to open an office in India; doing customised studies to advise them; present legal forms and putting them in touch with our partners (chartered accountant firms and lawyers);  proposing assistance to the company for recrutment if required; advising them of the domiciliation services in different cities and proposing assistance by physically accompanying them during their business visits to India - Executing all the editorial activity related to Market Access for Business France, India which includes : • Writing internal notes on interdisciplinary subjects to inform the other departments of Business France India (for e.g labour laws for the Human Resources Dept, customs duties & procedures etc) • Updating on a regular basis of the presentation of the business environnement in India and on commercial opportunties for French companies    • Drafting short articles on information which can be uploaded on the website of Business France • Regularly updating books, such as the Guide to doing Business in India, Regulatory and Fiscal Studies, Country Information on India, Bangladesh, Pakistan and Sri Lanka - Coordinating collective & multi sectorial delegations in India or promotional events and getting sponsoring from French and Indian companies for the events and for editorial products   Besides the above tasks, one of the key roles the candidate will have is to develop and maintain a network of privileged partners of high level such as lawyers, tax specialists, consultants and recrutment agencies in India. REQUIRED PROFILE : - Legal Advisor or specialist interest in the corporate world (specialisation in corporate law and international commercial law) - Expert in International business, Finance, Audit, Chartered Accounting, who can add  regulatory and legal expertise to his skills. A professional experience of a minimum of 3 to 4 years in a law firm of good repute in the Legal or Finance Department of a group having overseas activities; or with a consultancy firm advising and facilitating market entry strategies for foreign companies in India is indispensable with regard to the required work profile.   The candidate must be familiar with Anglo-Saxon law (in the framework of his educational background and work experience), indian legal context depends to a large extent on the principles of Common Law.   REQUIRED SKILLS : - Result oriented candidates (attainment of quantitatives & qualitatives objectives) with good organisational skills and discipline - A commercial sense is a must as well as keen negotiating skills (services are invoiced to the clients) - Capacity to make presentations in public in front of an audience (Public speaking is a must) - Flexibility and a capacity to work on several assignments at the same time respecting due dates - Interdisciplinary activity which requires team work ; this position implies working on projects of commercial development or setting up in liaison with our sectorial teams (Agrotech, Industry & Cleantech, Lifestyle & Healthcare, Tech & Services) - Highly developed sense of contact and a capacity to develop a portfolio of privileged and high level contacts for all the above activities in the Indian context - Capacity to search for information from available sources in the Business France network and locally (data bases, specialised press etc) and validate this infomation. - Fluency in English, written and spoken with excellent writing skills for editorial products (French could be a plus and could be developed along the way)   - Fluency in a regional Indian language preferably Hindi will be an advantage - Perfect knowledge of Office tools (Word, Excel & Powerpoint)   CONTACTS : Please send your C.V along with a covering letter and your salary expectations at the earliest to Head of H.R, monique.vanschalkwyk@businessfrance.fr with a copy of the Head of Business Services Dept, shilpa.patil@businessfrance.fr       CANDIDATES WILL BE PREFERRED FROM THE FOLLOWING SCHOOLS & UNIVERSITIES   Principal Social Science universities(Specialisation in Law) : Panthéon-Assas, Toulouse 1 Capitole, Panthéon Sorbonne etc.   Principal Management Schools : (Specialisation Finance or Audit) : ESCP Europe, HEC, ESSEC, EDHEC, EM Lyon, premier Indian Management Schools like legal school of IIMs, IIT’s, top Law schools in India.

“Choose France!” summit focusing on France’s attractiveness to business

Purva Marwaha - 23-janv.-2018 07:30:22
  The President of France will be attending the “Choose France!” summit at the Palace of Versailles on Monday January 22, where distinguished guests will include nearly 140 business leaders representing some the world’s biggest businesses in a wide variety of sectors, from the automotive industry to new technologies, agri-food, financial services and healthcare. The “Choose France!” summit is another key stage in the promotion of France’s attractiveness as a business location after several months of far-reaching economic reforms by the French government. The aim of the event is to highlight how France stands up as an attractive business destination, underpinned by the announcement of various investment projects in France and the presence of 140 business leaders, many of whom are on their way to the World Economic Forum in Davos (Switzerland), who will discuss their ambitions in France with the President, Prime Minister and 16 ministers. Five multinational firms will use the summit to announce major investment projects in France. Each of these will serve as a symbolic illustration – due to either their size, the sums being invested, growth or jobs being generated, or their excellence and significance for sectors of the future. A handful of smaller projects will also be announced during the event. As part of a day largely given over to France’s attractiveness to business, the President of France will also pay an early afternoon visit to Toyota’s industrial plant near Valenciennes (north-eastern France), where the Toyota Yaris is made (3.5 million units produced since opening in 2001) and 3,800 people are employed at a site driving employment in the local area. It is also the 25th largest factory in France, turning out 30% of Toyota’s total output in Europe. Following his visit to Valenciennes, the President will travel straight to the Palace of Versailles, where he is scheduled to arrive around 6pm. He will take part in several bilateral meetings, including with Sheryl Sandberg, Chief Operating Officer of Facebook, Sundar Pichai, CEO of Google Inc., Vasant Narasimhan, CEO of Novartis, Bill McDermott, CEO of SAP and John Chambers, formerly Executive Chairman of Cisco. The bilateral meetings will be followed by a dinner, preceded by an introductory speech from the President and a question-answer session with the invited business leaders. 1. “Choose France!” summit agenda and participants       140 business leaders from nearly 30 countries are taking part in the “Choose France!” summit, including: Sundar Pichai (Google), Sheryl Sandberg (Facebook), Dominic Barton (McKinsey), Stuart Gulliver (HSBC), Jesper Brodin (Ikea), Bill McDermott (SAP), Lloyd Blankfein (Goldman Sachs), David Abney (UPS), Guido Barilla (Barilla), Jason Chen (Acer), Alexandre Dayon (Salesforce), Warren East (Rolls Royce Plc), Michael Evans (Alibaba), Jeffrey Harmening (General Mills), Lars Fruergaard Joergensen (Novo Nordisk), Joe Kaeser (Siemens), Martin Lundsdedt (Volvo Group), Antonio Neri (Hewlett Packard), Shunichi Miyanaga (Mitsubishi), James Quincey (Coca Cola Company), Young Sohn (Samsung Electronics), Richard Liu (JD.com) and Jonas Prising (Manpower Group).   Various French business leaders will also be in attendance, including Thomas Buberl (Axa), Jean- Laurent Bonnafe (BNP Paribas), Ross McInnes (Safran) and Emmanuel Faber (Danone).   There are four parts to the schedule for the afternoon at the Palace of Versailles:       1.00pm-2.30pm: Arrival of business leaders for lunch with the French Prime Minister 2.30pm-6.00pm: Bilateral meetings and topic-based workshop sessions held in parallel: Tony Estanguet - “Paris 2024: sharing optimism!” Bruno Le Maire - “Economic reform in France” Cédric Villani - “Artificial intelligence” Mounir Mahjoubi - “Digitalization of the French economy” Muriel Penicaud: “Social transformation in France” John Chambers: “Innovation and start up ecosystem” 6.00pm: Arrival of the President of France and bilateral meetings 8.00pm: Dinner, preceded by an introductory speech from the President of France           KEY FIGURES FOR THE “CHOOSE FRANCE!” SUMMIT:       More than 30 countries represented (approx. 50% from Europe, 25% from the United States, 25% from Africa, the Middle East and Asia).   ·                 A dozen job-creating investment projects.   The President and Prime Minister of France joined by 16 ministers: Jean-Yves Le Drian (Europe and Foreign Affairs), Bruno Le Maire (Economy and Finance), Muriel Penicaud (Labour), Agnès Buzyn (Solidarity and Health), Gérald Darmanin (Government Action and Public Accounts), Florence Parly (Armed Forces), Nicole Belloubet (Justice), Françoise Nyssen (Culture), Stéphane Travert (Agriculture and Food), Elisabeth Borne (Transport), Laura Flessel (Sport), Mounir Mahjoubi (Digital Affairs), Brune Poirson (Ecological and Inclusive Transition), Delphine Geny-Stephann (Economy and Finance), Nathalie Loiseau (European Affairs) and Benjamin Griveaux (Government Spokesperson).   ·                 Around 300 bilateral meetings scheduled during the afternoon at the Palace of Versailles, between business leaders and:   Members of government. Institutional participants (French telecoms regulator ARCEP, France’s public investment bank Bpifrance, French state investment fund Caisse des Dépôts et Consignations, Ministry for Europe and Foreign Affairs, French government Treasury Directorate DG Trésor, etc.). Meetings are also scheduled between French and foreign business leaders.  

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.   
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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