What is the relationship between India and France?

What is the relationship between India and France?

Both countries have a ‘special relationship’ with each other, so much so that by August 2019, France has been called “India’s new best friend” by a researcher of the Hudson Institute. Both nations have a centuries-old history of trade relations.

How many Indian companies are in France?

“More than 150 Indian companies are already present in France, a dynamic and innovative economic hub providing access to Europe’s 500 million consumers.

What does India export to France?

India’s main exports to France include: machinery and mechanical appliances, electrical machinery and equipment, organic chemicals, vehicles other than railway or tramway rolling-stock, textile & textile articles, nuclear reactors, boilers, footwear, mineral fuels and oils, leather articles, and gems & jewellery.

How much trade is there between India and France?

In 2020, the India-France bilateral trade stood at € 9.04 billion (-21.99%) as compared to the corresponding period the previous year. India’s exports to France were valued at € 4.80 billion, down by 22.9% during this period. Indian imports from France also decreased by 20.95% to € 4.23 billion. (Jan. to Dec.)

What does France import from India?

India Imports from France Value Year
Electrical, electronic equipment $575.72M 2020
Machinery, nuclear reactors, boilers $514.85M 2020
Optical, photo, technical, medical apparatus $279.65M 2020
Organic chemicals $202.77M 2020

Are India and France friends?

India and France have traditionally close and friendly relations. In 1998, the two countries entered into Strategic Partnership which is emblematic of their convergence of views on a range of international issues apart from a close and growing bilateral relationship.

Did the French rule India?

They were de facto incorporated into the Republic of India in 1950 and 1954. The enclaves were Pondichéry, Karikal, Yanaon (Andhra Pradesh) on the Coromandel Coast, Mahé on the Malabar Coast and Chandernagor in Bengal….French India.

French Settlements in India Établissements français dans l’Inde
Today part of India

What are the French brands in India?

Top France Companies in India

  • Airbus Group India Pvt. Ltd.
  • BNP Paribas India Solutions Pvt. Ltd.
  • Capgemini Technology Services India Pvt. Ltd.
  • CWT India Pvt. Ltd.
  • Pernod Ricard India Pvt. Ltd. ( Seagram)
  • Renault India Pvt. Ltd.
  • Saint-Gobain India Pvt. Ltd.
  • Schneider Electric India Pvt. Ltd.

What are France products in India?

France’s primary exports are machinery and transportation equipment, aerospace equipment and plastics, while primary imports include machinery, automobiles and crude oil. India-France bilateral trade figure stood at US$ 8.86 billion in 2018 which grew by 5.05% in past three years.

Which are French products in India?

From micellar waters to dry oils, here are the top French beauty products in India to help you get started.

  • Bioderma Sensibio H2O Micellar Water, Rs 660, Available at Jean Claude Biguine.
  • Rene Furterer Complexe 5 Stimulating Plant Extract with Essential Oils, Rs 3,200 at Tata Cliq.

Is Russia friend of France?

Bilateral relations between France and Russia never became warm. On February 7, 1992 France signed a bilateral treaty, recognizing Russia as a successor of the USSR. As described by Paris the bilateral relations between France and Russia remain longstanding, and remain strong to this day.

What are the trade relations between India and France?

The Federation of Indian Chambers and Commerce (FICCI) and UBIFRANCE – the agency for international business development, under the Ministry of Economy, Finance and Industry, France, are the prime facilitators of trade and business between each other.

How many French companies are present in India?

Today, more than 550 French subsidiaries from a wide spectrum of sectors are present in India and employ a workforce of around 3,00,000 persons. The total French investment stock in India rose to 5.75 billion euros by the end of 2016.

What kind of support does France give to India?

France supports India’s membership of Multilateral Export Control regimes, viz. NSG and MTCR. France’s support was vital in India’s accession to MTCR in 2016. French islands – Réunion and Mayotte in the Indian Ocean and New Caledonia and French Polynesia in the South Pacific – making France a stakeholder in the region.

Who are members of Indo French Chamber of Commerce and Industry?

The Indo French Chamber of Commerce and Industry is a common forum of India and France business and trading community. IFCCI was established in 1977 and has 500 members from French and Indian companies representing various sectors. IFCCI’s objective is to facilitate business between France and India.

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