French Ambassador to India Alexandre Ziegler Friday said that 12 agreements worth 200 million euro have been signed between French and Indian firms and these had the potential to create 3,000 jobs in Maharashtra.
Addressing business delegates at the Indo-French Conclave here, Ziegler said economic partnership between the two nations has been dynamic in the past few years.
"Our trade relations have grown by 20 per cent from last year and has doubled since 2009," he said, adding that his country saw India not as "revenue" or "market" but as a "true and precious" partner.
The French Ambassador informed that 600 companies from his country have operations in India, employing 4 lakh people and investing around one billion euro annually.
"The Indo-French relationship goes beyond these figures and the potential is huge. We collectively need to work towards increasing the investment of French companies in India," said Ziegler.
He expressed happiness at India achieving 77th position, a jump of 23 places, on World Bank's 'Ease of Doing Business' ranking.
The 12 agreements signed include French multinational Thales Group signing pacts with seven Indian firms, namely Godrej Precision Engineering, Bharat Forge, Amphenol Interconnect India, Larsen & Toubro, Solar Explosives, Mahindra Defence Systems and Coriolis.
Other agreements included one between energy firm Technique Solaire and the Maharashtra Energy Development Agency as well as between aeronautical firm Turgis & Gaillard and the Maharashtra Airport Development Company (MADC).
French ropeway firm Poma presented letters of intent for two projects in Nagpur and Tadoba, both in the state's Vidarbha region.
French hospitality major Accor Hotels also exchanged a letter of intent with Gurugram-headquartered Interglobe Hotels Limited.
Indo-French Chamber of Commerce and Industry secretary general Payal Kanwar expressed delight at being able to organise an Indo-French business event of this size in Nagpur.
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The Indo-French Chamber of Commerce and Industry (IFCCI), in association with the Embassy of France, is organising an Indo-French Investment Conclave in the city on November 2, which is expected to be attended by 30 French firms.
French Ambassador Alexandre Ziegler will lead a delegation of around 112 representatives of Indo-French companies to the conclave, a release from IFCCI said.
Union minister of Road Transport and Highways Nitin Gadkari and Chief Minister Devendra Fadnavis are also expected to be present at the event, it added.
Addressing a press conference on Tuesday, chief convener of the event Prassana Mohile said that the conclave will open many avenues for a multilateral trade partnership between India and France in the key areas of defence and aerospace, smart mobility and logistics, and infrastructure.
Over 300 visitors and around 30 French companies are expected to participate in the discussions leading to an enabling environment for boosting the Indo-French partnership, the release said.
Ziegler said French companies see great potential in the Indian economy.
"They invest and innovate in India. Maharashtra is emerging as a very promising investment destination in India and I am confident that this conclave will prove to be very fruitful for the Indo-French trade relationship," he added.
According to Guillaume Girard-Reydet, president, IFCCI, India is at the cusp of an unprecedented transformation powered by factors such as rapid urbanisation and increasing consumption driven by its young population.
"At this juncture, France sees great opportunity in partnering with India's transformative economic programmes such as Make in India, Digital India, and Smart Cities and IFCCI is helping in facilitating this through this Indo-French Investment Conclave," he said.
Nagpur: The Indo-French Chamber of Commerce and Industry (IFCCI) would be holding an ‘Indo-French Investment Conclave’ in city on Friday. About 30 French companies are directly participating with over 100 delegates from various other companies. French Ambassador Alexandre Ziegler would lead the delegation that includes multinationals like Alstom, AFD and Thales. This would be biggest investment summit in the region after ‘Advantage Vidarbha’ held in February 2013.
Chief minister Devendra Fadnavis, Union minister for road transport and highways Nitin Gadkari and energy minister Chandrashekhar Bawankule would be present. They would explain growing status of Nagpur and Vidarbha region and also appeal for investment here.
“Four to five memoranda of understanding (MoU) would be surely inked with number likely to increase if visitors like the venue and facilities offered in Mihan,” chief convener Prasanna Mohile told reporters. He was accompanied by VIA chairman Atul Pande and Vidarbha Economic Development Council (VEDC) chief Devendra Parekh.
To be held at Radisson Blu, the event would have panel discussions on topics like smart mobility, logistics and aerospace and defence, which would have participation of the industry leaders from the country. French giant Dassault has already set up a plant for manufacturing Falcon plane parts in Mihan.
“The visitors would be taken to Mihan-SEZ and given a presentation on facilities there. The panel discussion would begin from 3pm where IFCCI general secretary Payal Kanwar would make opening remarks followed by presentation on Vidarbha as an investment destination by Pande,” Mohile said.
IFCCI president Guillaume Girard-Reydet would deliver a welcome address at 5pm, which would be followed by speeches of French ambassador, Gadkari and Fadnavis.
“The event offers a golden opportunity for all entrepreneurs in the region to interact with French companies and ink pacts in their respective areas. Such events usually take place in Delhi or Mumbai, where we hardly get any time,” Pande said.
Parekh said the Dassault unit had employed 32 ITI passouts from the city. They were being trained in making the aircraft parts. “Even ancillary industries would be benefited in a big way if investors set up manufacturing units here. Over 1,000 French companies are already working in India,” he said.
IFCCI chief told TOI they preferred Nagpur as it was a fast growing city offering good infrastructure. “Many companies have already inspected the facilities and are willing to invest here. It would be in sectors like aerospace and ropeways and manufacturing,” he said.
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The target of having 10,000 Indian students in France is within reach as an increasing number of them are choosing that country, French envoy Alexandre Ziegler said Thursday.
He was addressing business leaders from both the countries at the first edition of the Indo-French Business Awards 2018 held at the Ambassador's residence here.
"I am glad that a rising number of Indian students are choosing France. The target of 10,000 Indian students in France is now within reach. The Franco-Indian Education Trust, created during the presidential visit and to which some of you have already contributed, will help us in this regard," the envoy said.
He said this year has been "particularly rich and meaningful" for the Indo-French business relations.
"The State visit of President Emmanuel Macron in March was outstanding in many respects and particularly in its economic outcomes. It started a new momentum and your esteemed presence, with an exceptional turnout tonight, speaks volumes on the dynamic of our relations," he said.
A special dinner, with a curated French menu, was hosted by the ambassador to celebrate the Indo-French economic partnership.
Organised by the Indo-French Chamber of Commerce and Industry (IFCCI), the nominations of the IFB Awards 2018 closed with more than 50 nominees.
The jury industry specialists from various fields had shortlisted about 20 companies across five award categories comprising: Best SME of the Year, Best Entrepreneur of the Year, Best French Group in India, Best Indo-French Cooperation, and Most Innovative Product/Service of the Year, the French Embassy said.
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The maiden edition of Indo-French Business Awards and IN2France investment event successfully concluded at the Residence of France in New Delhi, in the presence of many eminent personalities, both from India and France.
H.E. Alexandre Ziegler, Ambassador of France to India hosted the maiden edition of the Indo-French Business (IFB) Awards and the IN2France event. Co-organised by the Indo-French Chamber of Commerce and Industry (IFCCI) and Business France, the French Trade and Investment Commission in India, the occasion brought together top officials and delegates from the Indo-French business community.
The IFB Awards created a platform to acknowledge and honor the outstanding accomplishments of Indian and French companies based out of India, while IN2FRANCE promoted France as an attractive investment destination for Indian companies. The evening also saw the felicitation of young and high-performing French professionals through the VIE Awards ceremony.
The winners of the award were chosen by the special jury members. Celebrating the best in the business domain, the whole Indo-French fraternity came together to celebrate excellence and to raise a toast to outstanding achievements in the industry so far.
· Mariette HALOUZE of Keolis, Hyderabad, winner of “Grand Prix du Jury”, awarded for the best dossier for overall excellence
· Louis HANCQUART of Lyra Networks, Mumbai, winner of "VIE Prix for Creativity", awarded for bringing innovation to his role
· Aurélie GILLET of Peech India, Bengaluru, winner of "VIE Integration Award" awarded for assimilation
H.E. Alexandre Ziegler, Ambassador of France to India, said, “I am delighted to unveil the first edition of the Indo-French Business Awards 2018 and the IN2FRANCE brand. France provides excellent opportunities to Indian companies for business as well as their establishment in the country. Placed at the heart of Europe, France is a gateway for access not only to the continental market but also all the French-speaking African countries. 150 Indian companies are already operating out of France, employing 7000 persons, and we wish to welcome many more. So, choose France!”
Payal S Kanwar, Secretary General, Indo-French Chamber of Commerce and Industry, said , “French companies are doing phenomenally well in India and we see a growing interest of new companies wanting to set base in the country. The Indo-French Business Awards symbolize the celebration of their achievements in India”
Sophie Clavelier, Director of Business France for South Asia, said, “I believe such event as this one today will sparkle interest among Indian investors to choose France as their next destination”.
H.E. Alexandre Ziegler, Ambassador of France to India will be hosting the maiden edition of the Indo-French Business(IFB) Awards and the IN2FRANCE event.
Co-organised by the Indo-French Chamber of Commerce and Industry (IFCCI) and Business France, the French Trade and Investment Commission in India, the occasion will bring together top officials and delegates from the Indo-French business community.
The IFB Awards will honor the outstanding accomplishments of Indian and French companies based out of India, while IN2FRANCE will promote France as an attractive investment destination for Indian companies.
The evening will also see the felicitation of young and high-performing French professionals through the VIE Awards ceremony.
Looking ahead to the event, H.E. Alexandre Ziegler, Ambassador of France to India, said: "I am delighted at the prospect of unveiling the first edition of the Indo-French Business Awards 2018 and the IN2FRANCE brand.
France provides excellent opportunities to Indian companies for business as well as their establishment in the country. Placed at the heart of Europe, France is a gateway for access not only to the continental market but also all the French-speaking African countries. 150 Indian companies are already operating out of France, employing 7000 persons, and we wish to welcome many more. So, choose France!"
Payal S Kanwar, Secretary General, Indo-French Chamber of Commerce and Industry, said, "We are glad to present the first edition of the Indo-French Business Awards 2018. In our continuous efforts to promote Indo-French relationships, the awards will felicitate and honor those Indian and French companies who with their unprecedented efforts have made a significant impact on the Indo-French trade/business relationship."
Sophie Clavelier, Director of Business France for South Asia, said, "We aim to promote Indo-French trade and identify the quality of France as an economically attractive destination for Indian companies to invest in. The special evening will acknowledge and honor the French & Indian companies and we are very glad to felicitate them. It will also be on this special occasion that we will also unveil the IN2FRANCE brand.
The Indo-French Chamber of Commerce & Industry conducted its 41st Annual General Meeting yesterday at Sofitel in BKC - Mumbai. The AGM was attended by the Chief Minister of Maharashtra, Shri. Devendra Fadnavis.
"Maharashtra is the energy center of the country and is the preferred state of investors worldwide. Maharashtra is recognised as the start up capital of the country." Chief Minister Shri. Devendra Fadnavis said, at the AGM.
The Chief Minister also said, "The Indo-French Chamber of Commerce is a very important organisation. With this organisation, The State Government is will collaborate with IFCCI for industrial and commercial growth."
Ambassador of France to India, H. E. Mr. Alexandre Ziegler was present as the guest of honour at this meeting and Chief Minister Fadnavis was present as the chief guest.
MUMBAI: The Indo-French Chamber of Commerce and Industry (IFCCI) led an Indo-French business delegation under the aegis of the IFCCI Logistics and Maritime Committee to meet Dr. Malini Shankar, IAS, Director General Shipping to discuss Ease of Doing Business.This meeting was attended by 17 Indo-French company representatives from Maritime and Shipping sector.
This closed door session with Dr. Malini Shankar, Director General -Shipping and other officials from Customs, JNPT, DGLL and CONCOR aimed at looking deeper into issues and challenges faced by French companies basis the report presented by IFCCI along with Singhania and Co.
The impact of cabotage notification, measures taken by French Companies to register their vessels and engage in coasting trade in India, Maritime Cluster development being planned in Goa and opportunities were some of other discussion points.
The round-table meeting was attended by Mr. Jean Marc Mignon [Head of the Economic Service, Consulate General of France in India] Mr. Nicolas Simon [Deputy CEO, SBI Funds Management Pvt Ltd and Vice President, IFCCI], Mr. Vaibhav Vohra, [MD, Continental Carriers and Chairman, IFCCI Logistics & Maritime Committee] and Mr. Yann Wickers, [South Asia Regional Manager, Bollore Logistics Pvt Ltd & Vice Chairman, IFCCI Logistics & Maritime Committee] along with Indo French Business representatives, said an IFCCI release.
India Licensing Expo (ILE), India's first and most influential brand licensing show will take place on August 20-21 in Mumbai with participation from over 100 global and domestic companies.
India Licensing Expo will offer a full range of licensing ecosystem with over 20,000 visitors expected to attend over two days. The event would include a conference, exclusive master class for limited 25 delegates culminating into an awards night across categories.
"We aim to project India Licensing Expo as a dedicated hub for licensing professionals. Brand licensing has been well accepted as a retail strategy in India, and through ILE 2017, we intend to bring the global understanding to Indian landscape," said Gaurav Marya, Chairman, Franchise India.
In order to specifically tap the top French enterprises doing business in India, ILE has also tied up with Indo-French Chamber of Commerce and Industry (IFCCI). This opens gates for the French companies to evaluate and roll into India through licensing.
"IFCCI is pleased to partner with the India Licensing Expo for creating this unique platform to identify and capitalize brand licensing. This is an important move for streamlining and structuring the licensing industry that impacts retailing directly. I am sure that the expo will open up new avenues for industry players and we look forward to enabling multiple French licensors eyeing Indian market to capitalize and leverage this show," said Payal. S. Kanwar, Secretary General, IFCCI.
India Licensing Expo 2017 is the country's first and largest brand licensing platform that collates opportunities, knowledge and recognitions under one roof.
Supported by Franchise India, the forum gathers the potential of the emerging Indian licensing industry for networking to explore possibilities to grow bigger and faster in the given peripheries.
The expo is being organized by License India, India's first licensing media Services Company formed with the objective to increase awareness and support the growth of licensing sector in India.
The show brings together a wide range of intellectual properties comprising character, entertainment, celebrity, corporate, sports, art. The show aims to encourage and enable licensing professionals to take advantage and network, capitalize on opportunities and exclusive launches gain from all knowledge forums.
"Licensing sector in India is at an inflection point with many domestic and global companies partnering in India for licensing of their brands and characters. We believe India License Expo will be one of the leading events in this sector which will not only provide networking and business opportunities for visitors but will also become repository and knowledge centre for licensing in India," Samir Jain, Green Gold Animation (ChhotaBheem), said.
It is a true showcase of numerous licensing opportunities in diverse capacity, ready to be extended in multiple industries, along with dedicated conferences disseminating knowledge on the concept. The show also hosts an esteemed gathering for awards to recognize international and domestic excellence in brand licensing across segments.
India Licensing Expo will host more than 100 brands from many categories and from several countries. Decode the market by meeting retailers, manufacturers and suppliers from all industries under one roof, and network with the decision makers for effective conversions.
ILE, being the only scaled licensing show, means serious business to unlock India as the most potential business destination across industries. While the Indian licensing sector is pegged at $1 billion, is still at a nascent stage, but growing at a rapid pace as success stories of home-grown brands have propelled its growth. Fashion retailers stay ahead of the pack with close to 25 percent of the organised retailers using licensing as an effective retail strategy.
Expo will have sector stalwarts speaking at the event including Sameer Jain, COO, Green Gold Animation (Chota Bheem), Chris Evans, MD, Oxford Ltd. (University of Oxford),Roberto of Marie Claire and Carl Lumbard of TSBA Shell and many more.
The Indo-French Chamber of Commerce’s new office in Bangalore was inaugurated on the 13th of February by Mr. François Gautier, Consul General at the Consulat général de France à Bangalore. Located in the heart of Bangalore at M.G. Road, on the 13th floor of the Prestige Meridian Towers with a beautiful view, the new office has much more to offer in terms of connectivity, space and services. The ceremony was attended by the Governing Council members of the IFCCI Bangalore Chapter, incubated companies and the IFCCI team.