Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles Shri Piyush Goyal mentioned that there is a huge delta of opportunities in India during his address at the India – France Business Summit and CEOs Roundtable yesterday in Paris, France. “We are one the largest consumers of goods and services. Exports of goods and services are growing by over 50% and we hope to continue this growth trajectory. We hope to see our exports of goods and services to triple from $765 billion to $2 trillion by 2030,” he added.
Both India and France attach the highest importance to building a green future. Both countries have ambitious climate goals. Building a green future creates enormous market opportunities, but it also requires huge investments and technological breakthroughs. In recent years, there has been significant increase in investments, collaborations and joint ventures, especially from France to India, in “green technologies”.
The Session brought out ways on how businesses could tap opportunities in green transition; discussed new technologies in various areas – renewable energy, mobility, buildings, infrastructure, construction, energy efficiency, industrial processes, agriculture. The Session was moderated by the Head of AFD Activities in Eastern Europe – Middle East and Asia, Mr Cyrille Bellier.
The Embassy of India, Paris, France, in association with the Confederation of Indian Industry (CII), the Mouvement des entreprises de France(MEDEF) and the Indo French Chamber of Commerce and Industry(IFCCI), organised the India – France Business Summit and CEOs Roundtable.
Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad, Government of France, Mr Olivier Becht shared that he is confident that both sides will foster bilateral & multilateral meetings.
“India being the world’s most populous country has the potential to attract numerous manufacturing activities, already, many French companies are actively engaged in India, and there is tremendous untapped potential for further collaboration”, he said.
