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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.

In-Cosmetics Paris 2019

Brinder Rault - 31-mai-2019 06:53:57
The office of Business France India was present at the In-Cosmetics Paris Exhibition held from 2 nd – 4 th      April 2019 in Paris and coordinated meetings between the Indian and French companies interested in the Indian market. The In-Cosmetics Global Exhibition is the leading event for personal care ingredients and is a platform for suppliers, manufacturers, importers and distributors looking to network, take on new brands and understand market trends.

, India ranked 17 among 100 countries for the strength of its startup ecosystem in 2018-19

Jean-François Ambriosio - 30-avr.-2019 06:44:14
According to StartupBlink, India ranked 17 among 100 countries for the strength of its startup ecosystem in 201 8-1 9. The country gained 20 positions compared to 2017. Bangalore, Delhi, and Mumbai were ranked as the top 3 cities in India. The top 3 spots remained unchanged with the United States, United Kingdom and Canada. Bangalore, the Silicon Valley of India, reached the 11 th spot on the Cities Global Ranking, just behind Moscow, Seattle and Chicago, but in front of Paris, Austin or Tokyo. San Francisco, New York and London remained in the top spots.    

Frehindi - an educational & cultural exchange bridge between India & France

Audrey Lucbernet - 29-avr.-2019 09:01:06
 Le Frehindi is an Indian SME which has set up an office in France last year. The name ‘Frehindi’, as it suggests, is derived from the languages ‘French’ and ‘Hindi’. The company is working for the benefit of students, aiming to help them become global citizens by providing them opportunities through languages, cultural exchange programs, competitions and access to international education opportunities, perfectly in line with the wish of the French President, Mr. Macron who would like to double the number of Indian students to France by 2020.   In India, “Le Frehindi” is in direct contact with twenty thousand (20,000) students who learn French language, and who participate in various competitions, events and exchange programs organized between India and France by Le Frehindi. Since its inception in France, the company has entered into partnership with various French Schools and Universities and hence bringing groups of French students to India to explore the Indian culture and heritage and vice-versa to introduce Indian students to French culture. After setting-up in Paris, Le Frehindi has opened successfully a new office, in Lyon (Auvergne-Rhône-Alpes), in 2018. Check the video of Mr. Haru Mehra, Founder of  Le Frehindi talking about his success story in France https://youtu.be/pA6WTFhbAwI   

“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.
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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