Bilateral trade, business and entrepreneurship opportunities between India and France set to surge as Covid-19 pandemic accelerates the reshaping of the world order and the EU resets its foreign policies.
France has described India as its foremost strategic partner in Asia. Germany has included the word ‘Indo’ in its regional strategic doctrine for the first time. And India, Australia and France have held their first trilateral dialogue on enhancing cooperation in the Indo-Pacific. All these unrelated developments point to one geo-strategic conclusion: That the world’s big democracies are shoring up their defences against the new hegemon that is threatening the global order.
Christophe Lecourtier, CEO of Business France outlines the factors that make France an important investment destination for Indian businesses while highlighting some of the key sectors of collaboration between India and France post-Covid-19 pandemic.
Despite the inordinate delay in finalising a free trade agreement with Brussels, the India-Germany are enjoying a robust bilateral trade, diplomatic and strategic relationship.
India’s diplomatic efforts and steady financial and military assistance give it an advantage over China as both nations seek closer ties with the island nations in the Indian Ocean. Highlights: The island nations of the Indian Ocean have emerged as a new theatre of competition between India and China. China’s rising influence in the Indian Ocean has raised suspicions in New Delhi that Beijing is following a “String of Pearls” strategy to emasculate its sphere of influence. Prime Minister Modi [...]
As Indian Defence Minister Rajnath Singh flew a sortie in a brand new Rafale fighter jet acquired for the Indian Air Force (IAF) in France, it marked a step change in bilateral ties which are expected to spill over into Make in India gains. India’s Defence Minister, Rajnath Singh, declared the French-made Rafale fighter jet as an exponential boost for the country’s air dominance moments after he flew a sortie at Merignac Airport in Bordeaux, France, in the first of [...]
Following in the footsteps of the International Solar Alliance, a new UN-backed multilateral organisation will be headquartered in New Delhi. Less flaunted but still another feather in Modi’s foreign policy cap, writes India Inc. Founder & CEO Manoj Ladwa. Flipping through Indian newspapers, a report caught my eye: the Narendra Modi government had pledged almost $70 million for setting up the secretariat of the proposed Coalition for Disaster Resilient Infrastructure (CDRI) in New Delhi. It was carried by only one, [...]
Sectors of interest for French companies spanned across nuclear to smart city planning. France, India to pursue nuke power project French President Emmanuel Macron and Indian Prime Minister Narendra Modi urged Electricite de France SA (EDF) and India’s monopoly atomic energy producer, Nuclear Power Corp., to accelerate discussions on a contract and start work at the site in Jaitapur, Maharashtra by December. A joint statement issued Saturday by the governments during Macron’s visit to India said: “Once installed, the Jaitapur [...]
India and France have several common strategic objectives and very few, if any, disagreements on major global issues. India also needs powerful friends to prevent its creeping encirclement in its backyard and France needs a reliable ally in the Indo-Pacific, where it has many economic and strategic interests. IGB takes a 360-degree look at this very important but low-profile relationship. Strange things are happening in India’s neighbourhood and in the wider Indo-Pacific theatre. China has stepped up its muscle flexing [...]
The Indian textiles sector has received much-needed attention but its future continues to hang in balance unless bold initiatives begin to pay off. The Indian textile industry is the country’s oldest, going back five millennia, and its modern day avatar employs more than 45 million people, making it the country’s second largest employer after agriculture. Over the last couple of decades, however, this industry has been facing global and domestic headwinds that are threatening its continued wellbeing. But governmental and [...]