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“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

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.

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  

French marine skincare brand « Algotherm » launched in India

Brinder Rault - 18-févr.-2019 07:46:05
  The beautiful range of skincare products from the esteemed French brand Algotherm, formulated by Laboratoires Gilbert were launched on 10 December 2018 in collaboration with Gilbert Jain Laboratory Pvt. Ltd at the Honorary French Ambassador’s residence in New Delhi.       The company has also inaugurated their new training centre in Old Rajender Nagar, New Delhi. They plan to train people through beauty salons, which will be a part of various training centres and also their principal clients. Further, they will also adopt the omni-channel strategy and target to sell online via Amazon, Flipkart and Nykaa.       A wide variety of products ranging from creams, serums, masks to correctors and gels, ’Algotherm’ products are all natural and are made from Algohydra which hydrates and nourishes the skin along with moisturizing. Borrowing from the goodness of the sea and adding the richness of 29 unique, marine ingredients, ’Algotherm’ is best known for its algae-infused personal care range.       Algotherm is committed to sustainability in its practices of collecting and processing the natural ingredients used.  

A trade delegation of French companies organised by Business France will be in India during French President Emmanuel Macron’s visit (10th-12th March 2018)

Purva Marwaha - 08-mars-2018 08:18:34
On the occasion of the visit of the President of France, Business France accompanies a delegation of 18 French companies wishing to develop and strengthen their activity in India.   All sectors are represented: Industry, Energy, Infrastructure, Environment, Services, Health and Agriculture through the following companies:  2PS ; ABSOGER ; ACCUWATT ; DE VIALET ; ECM TECHNOLOGIES ; ELDIM ; ELISATH ; FAMOCO ; KERLINK; LABORATOIRE GILBERT ; LYRA NETWORK ; MCA PROCESS ; QOS ENERGY ; SOLEAN ; SIGFOX ; STERELA ; VALECO ; VIEUX POINTET.      Each of these companies will benefit from a specific Business Meeting program organized by Business France India. It is a huge opportunity for them to have more visibility, to participate in the highlights of the visit, to access key contacts, to accelerate their Business relations and to develop technological partnerships .   As of the top 10 largest economies today India is a driving force of global growth with the highest growth rate of the BRICS, which is expected to continue growing in the future (around 7.6% per year versus 3.5% for global growth). Moreover, the country is also committed to new important measures such as the standardization of the indirect taxation (Goods and Services Tax) which came into effect on July 1, 2017 as well as the reform of bankruptcy law to improve the ease of doing business in India (ranked 100th out of 188 countries according to the World Bank in 2018 and with an improvement of 30 places in a year). India is a growing market for our French companies with a potential to generate employment and is a huge added value and potential; in services, in the manufacturing sector and in high growth sectors like technology, software, energy and urban development. " Already over 400 French companies are in India, there is a potential for many more to come and develop business ties here ," said Sophie Clavelier, Senior Trade & Investment Commissioner for India based in New Delhi. French companies are looking forward to forging many partnerships and trade ties with our Indian counterparts in the public and private domain and this State Visit will be a huge opportunity to capitalise on for both parties.     Contact presse : Shilpa PATIL,   shilpa.patil@businessfrance.fr Cell + 91 98 33 90 22 60      

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

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

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.
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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