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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.

France among the top 5 most attractive countries

Audrey Lucbernet - 31-mai-2019 07:21:35
A .T. Kearney has just published its annual Foreign Direct Investment Confidence Index ranking, featuring France in the Top 5 of the most attractive major countries for the first time. It’s good news for the French economy, which has just gone up two places to join the Top 5 with the United States, Germany, Canada and the United Kingdom. It now ranks ahead of Japan, China and Australia as one of the countries likely to attract the most investment over the next three years. According to the institute, France’s new position in the ranking of attractive markets can be explained by "the improvement in the business climate" and "the recent reduction in the corporate tax rate". Among the other Top 5 countries, the United States maintains pole position thanks to " sustained economic expansion in recent years". Germany has gone up a place thanks to "strong competitiveness indicators and technological and digital infrastructure initiatives". Canada has benefited from " investment stimulus efforts", despite falling once place. As for the United Kingdom, it remains in fourth position, "despite the uncertainty surrounding Brexit". A.T. Kearney is an American economic and fiscal strategy consulting firm that publishes an annual "confidence index" based on data from an exclusive survey of 500 executives of large global companies. The 10 most attractive countries for foreign investment United States (no change compared to 2018) Germany (up 1 place) Canada (down 1 place) Great Britain (no change) France (up 2 places) Japan (no change) China (down 2 places) Italy (up 2 places) Australia (down 1 place) Singapore (up 2 places) You can see the full rankings on the A.T. Kearney website : https://www.atkearney.com/documents/236833/2632298/Facing+a+growing+paradox.pdf/c1c5e325-6107-a1c0-5f62-ad33e9bb3d2c?t=1556632933733

“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

Tripartite MOU signed between BOI, EDB and Business France

Purva Marwaha - 13-juil.-2018 08:29:30
Friday, 13 July 2018     Agreement will enhance cooperation, trade and investment  A Memorandum of Understanding was signed between the Board of Investment of Sri Lanka, the Export Development Board of Sri Lanka and Business France today.   BOI Chairman Dumindra Ratnayake, EDB Chairperson Indira Malwatte and South Asia Head of Business France Sophie Clavelier signed the MOU on behalf of the respective organizations.   BOI is the investment promotion agency of the Sri Lankan Government and functions as the central facilitation point for investors with the purpose of improving Sri Lanka’s investment climate.   The SLEDB is Sri Lanka’s premier organization for the promotion and development of exports. Business France, an agency of the French Government, has the task of developing the internationalization of French companies as well as promoting the image of France in the world and promoting foreign investments in France. Also participating in this event was Ambassador of France to Sri Lanka and the Maldives Jean-Marin Schuh as well as senior officials of the BOI, EDB and Business France.   BOI Chairman Dumindra Ratnayake welcomed the other signatories to the MOU.  He stated: “This MOU is a very positive development since it will help to increase in the future investment in areas such as manufacturing and infrastructure. It also has to be seen in connection with the FTAs that Sri Lanka has entered into with India, Pakistan and Singapore and will sign in the future with China. These FTAs give market access to goods produced in Sri Lanka.” He added: “Another important development is the Port City with many opportunities for construction and other investment in the future.”   Ratnayake added that the agreement would help to strengthen relations and facilitate trade and investment with France in the future. EDB Chairperson Indira Malwatte stated: “We have had a very positive meeting with Business France. France is the sixth largest market for Sri Lankan exports to the European Union.”   She added: “Sri Lanka is to launch the National Export Strategy and this will also generate greater interest in our products. Currently we are promoting ship and boatbuilding, spices to be used in the manufacture of perfumes and cosmetics and of course the IT sector. It is our decision to focus just on three sectors for the moment and these are sectors where France is very strong.”   Head of Business France South Asia Sophie Clavelier stated: “We had a very positive meeting and I am excited to sign this MOU on behalf of the CEO of Business France.  We must ensure that this MOU must live and must work together in developing certain niche areas that Sri Lanka has to offer. One area which I would like to see develop is the Agro Sector where Sri Lanka has a lot of potential.”   She added that a country such as Sri Lanka should not look at competing with giant economies such as India but that “Sri Lanka should be developing niche sectors that are quality orientated. We should not look at large but at quality and high-end sectors.” Ambassador of France to Sri Lanka and the Maldives Jean-Marin Schuh also stated: “The MOU will enhance economic co-operation between Sri Lanka and France. We are currently focusing on expanding French exports as well as Sri Lankan investment in France.”   He added: “There are certain areas where l see many possibilities. For example, the French side could be interested in developing Sri Lankan ports as France has many leading shipping companies. I also see opportunities in the development of tourism.  This is an area where France has considerable experience and in 2020 our country will attract 120 million tourists in the course of the year. Other areas that are very promising are co-operation in the financial sector and also we are currently involved in the development of mini-dairies.”    Under the agreement, the parties are to exchange information and provide mutual support for the benefit of their clients and also to promote economic growth in both Sri Lanka and France.  In addition, the MOU seeks to encourage each party to promote the image of the other country and support FDI from its nationals to the other country. Another clause of the MOU stipulates that the party will exert their influence for the promotion of commercial and industrial partnership between French and Sri Lankan companies. The MOU also includes a commitment for the provision of commercial information and for assisting each other in organising fairs, seminars and business missions and co-operation in areas such as publications and creating awareness on investment environment, policies and regulations.   Each party is to provide the other with available and relevant information on initiatives with the purpose of increasing business for French and Sri Lankan companies in each other’s markets.   Furthermore, periodically meetings will be organised whenever it is necessary to evaluate the development of joint activities or future co-operation between the parties.   It is also important to note that each party is responsible for its own costs of operation. The agreement will be in effect for a period of two years and would be automatically renewed unless notice is given by one of the parties. The MOU also covers intellectual property rights and the use of trademarks and logos of their signatories. There is also a mechanism for consultation between the signatories of the MOU. The MOU augurs well for future expansion of tourism, trade and investment from France to Sri Lanka.    

Business France publishes 2017 Annual Report

Sophie CANCIANI - 05-avr.-2018 07:02:23
Business France today published its “2017 Annual Report: Foreign investment in France. The international development of the French economy”. In 2017, France basked in the renewed confidence of foreign investors, whose investment decisions were an acknowledgement of France’s potential, highlighting the country’s key strengths in various job-creating and high value-added sectors. 1,298 new job-creating foreign investments in 2017   On average, 25 foreign investment decisions were made in France every week throughout the year. France attracted a total of 1,298 new job-creating foreign investments in 2017 – up 16% from the previous year – that created or maintained 33,489 jobs. France’s strong performance is due to a solid rebound in how potentially attractive France is seen on a whole host of criteria, including the business environment, a thriving French economy, sought-after expertise in various sectors, and strong awareness in global business communities of the reforms that France has undertaken in recent years. Key to this success were France’s numerous fundamental strengths: its central location, excellent communication and transport infrastructure, industrial prowess in a wide range of sectors, high productivity, and a well-qualified workforce. Taken together, these pro-business factors have already inspired a rebound in confidence from business leaders, with the business confidence index rising in November 2017 to its highest level in the last 10 years (OECD, INSEE). Importantly, more than 8 in 10 business leaders believe that the measures being taken by the French government are having a positive impact on France’s attractiveness to business. (Kantar Public/Business France survey) Selected key figures:   A 23% year-on-year rise in manufacturing projects, of which 16% were from German investors prioritizing France as its number one target for foreign investment in Europe. A 9% year-on-year rise in R&D projects, an area dominated by American investors targeting France as a choice location for their innovative operations. The United States reclaimed first place among source countries of foreign investment in France, while 58% of investment came from European countries.     The report seeks to shed light on the two ways in which the French economy is becoming increasingly globalized, and the trade and investment synergies that are fueling business development throughout the country. France’s strategic location makes it a natural export hub for countries throughout Europe and Africa. To find out more, click here to download the Annual Report.

Annual Report on Foreign Investment in France records over 150 Indian companies in France and 11 new investments from India in 2016

Purva Marwaha - 27-mars-2017 11:15:02
        Annual Report on Foreign Investment in France records over 150 Indian companies in France and 11 new investments from India in 2016             New Delhi, 27 th March, 2017 In the backdrop of the ongoing Creative France global campaign, Business France, the national agency for the international development of the French economy , recently published its “2016 Annual Report: Foreign Investment in France, the International Development of the French Economy”. The report reveals that there are over 150 Indian companies operating in France, where they employ more than 7,000 people. 11 new investments from India were recorded in 2016, creating or maintaining 171 jobs. According to this report, out of the Indian investments made in France in 2016: ·          36 % were in R&D and engineering activities; ·          27 % in decision-making centers; and ·          18 % in services to companies.   The Indian companies’ investments in France have been mainly in the IT, energy, recycling, aerospace and textile sectors. Some of the major Indian investment projects in France from the year 2016 include: - AEQUS (headquartered in Belgaum / Karnataka): After acquiring the SIRA Equipements plant in Besançon (Bourgogne-Franche-Comté region) in 2015 and saving 28 jobs, this Indian aerospace components manufacturer and solution provider confirmed it was hiring a further five employees in 2016. Aequs Aerospace is one of India’s fastest-growing precision engineering companies, and continued to further its expansion in France in 2016 by acquiring the SIRA Group. - ROYAL ENFIELD (headquartered in Gurgaon / Haryana): One of the most prestigious brands in the world of premium motorbikes alongside Triumph and Harley Davidson, Royal Enfield has set up its Western headquarters in Paris. It has opened a concept store in Levallois-Perret and an office for prospecting the French and European market. - ETOSHA (headquartered in New Delhi): This company specializes in the manufacture of fragrances, aromas and essential oils for the food industry, personal care and homecare. The company established its European subsidiary and creative laboratory in October 2016 in France, in the city of Grasse, for preparing formulations with French ingredients for the Indian and Middle Eastern markets.   Two Indian firms were among the winners of French Tech Ticket, a program designed for entrepreneurs from all over the world who want to create their startups in France:   1. GUESSWORK , an Indian start-up that provides a mobile app to connect customers to small e-merchants. Thanks to its incubation in Startup42, le Kremlin-Bicêtre (in the Parisian region), Guesswork has adapted its application to the European market. 2. DYMOND CLEANTECH , an Indian start-up which has developed an electrochemical solution for purifying water using diamond electrodes. Dymond Cleantech was incubated in La Paillasse, in Paris’ 2 nd arrondissement, in January 2016, where it benefited from technological workshops and co-working spaces to help it to reach its goal of commercializing its water purification processes not only in Europe but also in India, China and Africa. “The increasing interest in France of foreign and Indian companies and start-ups, such as Guesswork and Dymond Cleantech in 2016, confirms France as an attractive hub for innovation and creativity as a part of India’s expansion strategy in Europe. Indeed, with 100 000 engineers trained yearly, over 6 000 tech startups and over 200 tech startup incubators, acceleration programs, France stands among the leading tech-related entrepreneurship and innovation ecosystems worldwide” , said Alexandre Ziegler, Ambassador of France to India . In 2016, a total of 1,117 investment decisions – up 16%, with an average of 21 per week, representing the best year in the last decade – created or maintained 30,108 jobs (versus 962 decisions and 33,682 jobs in 2015). The number of decisions to invest at new sites in France grew 20%, accounting for a majority (51%) of all investment projects and 38% of all jobs generated (11,520 jobs). Foreign companies invested primarily in production/manufacturing and logistics operations, which accounted for 31% of all foreign investments in France (352 decisions) and 50% of the jobs generated (15,134 jobs). Ambassador Alexandre Ziegler added: “ With a 16% increase in investments in 2016 - that means an average of 21 investment decisions per week - the figures speak for themselves: France is an increasingly attractive investment location for foreign companies” . Key factors behind this success are France’s numerous globally recognised fundamental strengths: its central location in Europe, excellent communication and transport infrastructure, industrial skills in a wide range of sectors, high productivity, a well-qualified workforce and innovation. Thus, France continues to attract investment to ‘strategic’ business activities, and has now been Europe’s leading destination for foreign investment in the industrial sector for more than a decade. Innovation is recognized by business decision makers to be a driving force behind France’s attractiveness as an investment location, as is the thriving “La French Tech” ecosystem. In 2016, the 155 investment decisions in R&D, engineering and design, including 72 in R&D alone, confirmed this trend. This report seeks to shed light on the way the French economy is becoming increasingly globalized, and the trade and investment synergies that are fueling business development throughout the country. France’s strategic location makes it a natural export hub for countries throughout Europe and Africa. In 2016, as in the previous year, 30% of French exports were made by foreign-owned subsidiaries in France. To download the Annual Report, a summary and key extracts, click here   http://en.businessfrance.fr/discover-france/international-development-of-the-french-economy   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 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 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   Contacts: Julian Hoarau-Bouaziz Marketing and Communication Dept Email: Julian.hoarau@businessfrance.fr Téléphone: +91 (0) 11 43 19 63 03 M obile: +91 837 689 50 05 Purva Marwaha Marketing and Communication Dept Email: purva.marwaha@businessfrance.fr Téléphone: +91 (0) 11 43 19 63 06        

12 new Indian investments in France recorded in 2015

Thomas ILHE - 29-mars-2016 15:19:10
In the backdrop of the ongoing global Creative France campaign, Business France, the national agency supporting the international development of the French economy, released the 2015 Annual Report: Foreign investment in France , which analyzes foreign investment decisions in France and their contribution to the French economy. The report reveals that there are over 120 Indian companies operating in France, where they employ more than 7,000 people.   According to the 2015 Annual Report: Foreign investment in France , of the total Indian investments in France in 2015,   42% were in production/manufacturing operations 33% were in business services and 17% in decision-making centers 17% were in energy, recycling, other concessions More than 1/3 was in energy (17%) and aerospace, naval and railway equipment (17%) Some of the main Indian investment projects in France in 2015 include:   • AEQUS , a Belagavi-based company specializing in developing and producing engineering solutions for the aerospace, automotive and oil & gas sectors, acquired the Besançon site of the French company Sira, an aerospace component manufacturer that had gone into liquidation. Further to this acquisition, in January 2016, Aequs wholly acquired Sira, which operates six sites in France and one in Morocco. Aequs employs 320 people.   • WPIL , a Kolkata-based company, manufactures pumps used in water distribution systems and nuclear infrastructure, among other applications. It acquired the French company Pompes Rutshi, based in Mulhouse. Pompes Rutshi, an active player in the design and manufacture of high-tech pumps for the oil, gas and nuclear sectors, has a 40-strong workforce.   • DNP INTERNATIONAL , a Surat-based company which designs and produces analysis instruments for use in industry (quality tests in industrial processes) and sustainable development (environmental impact measurements, pollution control), acquired the Grenoble-based firm Tethys, which employs 10 people. Twelve new investments from India were recorded in 2015, creating or maintaining 290 jobs. “ 2015 witnessed a renewed emphasis on Indo-French investment as both countries shared a common vision of manufacturing excellence and energy efficiency. With the help of the Creative France campaign, Business France was able to enhance its outreach to India and foster long-lasting ties with some of the most renowned names in innovation and sustainable development ,” commented Muriel Pénicaud, France’s Ambassador for International Investment and CEO of Business France . In addition to these five companies, one could equally mention the investments in France of groups such as: Infosys, Wipro, Bharat Forge, Muragappa, United Phosphorus, Crompton Greaves (Avantha Group), Titagarh, Air Works, Biological E, Transasia, Axis Aerospace, etc. “ These investments highlight the attractiveness of France for Indian investors who leverage the expertise, competencies and creativity they acquire in France, in order to increase significantly their contribution to the “ Make in India” initiative. One of the main assets of France for Indian investors is its state-of-the-art facilities in innovation and R&D ,” said François Richier, Ambassador of France to India . The 2015 Annual Report: Foreign investment in France released yesterday analyzes foreign investment decisions in France and their contribution to the French economy. In 2015, 962 investment decisions created or maintained 33,682 jobs, the best figure in the last five years. With an average of 19 decisions made every week, 2015 saw a 27% increase in jobs generated by foreign investment, up from 26,535% in 2014. Foreign investments were received from 53 different countries in 2015, up from 47 in 2014: those from European countries remained predominant (60% of all foreign investment decisions), followed by North America (22%) and Asia (13%), in very similar proportions to 2014. The leading source countries were the United States (18%), accounting for one-quarter of all inward R&D investments; Germany (15%), accounting for 26% of all foreign production/manufacturing projects; Italy (9%), providing 31% of inward investment in logistics; the United Kingdom (8%), accounting for 22% of all foreign investment in retail outlets; and Japan (6%), the fourth leading source of foreign production/manufacturing investment. BRIC nations (Brazil, Russia, India, China) accounted for 7% of inward investments in France (68 investment decisions), including 44 projects from China and Hong Kong. Project numbers were up for many source countries, including Canada (38 projects, +31%), the Netherlands (37 projects, +12%), and Ireland (15 projects, +114%). France’s thriving regions and cities are often a decisive factor in attracting foreign investment to all of France’s regional economies. Ile-de-France (Paris region), Auvergne-Rhône-Alpes and Alsace-Champagne-Ardenne-Lorraine attracted more than half of all foreign investment decisions. The leading regions by jobs created or maintained were Ile-de-France (Paris region), Nord-Pas-de-Calais-Picardie, Alsace-Champagne-Ardenne-Lorraine, and Auvergne-Rhône-Alpes. Analysis by business activity shows that Ile-de-France (Paris region) attracted 64% of all foreign investments involving decision-making centers (mostly first-time investments in France). Alsace-Champagne-Ardenne-Lorraine (20%) and Auvergne-Rhône-Alpes (17%) stood out in attracting production/manufacturing projects, as did Ile-de-France (Paris region) (31%) and Languedoc-Roussillon-Midi-Pyrénées (13%) for R&D projects. Foreign companies currently generate 32% of French exports. Figures from the French National Institute for Statistics and Economic Studies (INSEE) show that more than one-quarter of foreign-owned company turnover in France was generated through exports in 2015, compared to 31% in the United States, 21% in Germany, 25% in the Netherlands, 15% in the United Kingdom, and 30% in Japan. 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 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 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  
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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