French firms to invest US$10bil in India


NEW DELHI: French companies will invest US$10bil in India over the next five years, chiefly in the industrial sector, Finance Minister Michel Sapin said during a visit by President Francois Hollande to India.

“Over the last five years, French companies have invested more than US$1bil per year in India,” Sapin said in a speech to the Federation of Indian Chambers of Commerce and Industry in New Delhi.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , French companies , Michel Sapin , India

   

Next In Business News

Khairy Jamaluddin named member of India-based Fischer Medical Ventures board
Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM
Wall St set for muted open as weak earnings offset jobless claims relief
Creador’s Brahmal emerges as substantial shareholder of MCE Holdings
US weekly jobless claims increase more than expected
AmBank launches revamped AmOnline mobile banking
Pentamaster to prioritise sustainability
Kerjaya Prospek Property to jointly develop Batu Kawan land for proposed mixed development
Ringgit almost unchanged against greenback at the close
Malaysia to retain lead in Asia-Pacific Islamic banking market - S&P Global

Others Also Read