Why India

India: A country of unlimited opportunities

A country with remarkable diversity, unprecedented cultural history, artistic heritage, magnificent landscapes and culinary creations, India is one of the fastest growing economies of the world.

Favorable demographics, growing middle class, increase in investments and positive global integration have resulted in India recording the highest growth rate amongst the BRICS (Brazil, Russia, India, China and South Africa) economies. A notable factor is also the changing mindset of Indians towards adaptability, competitiveness, entrepreneurial skills and a difference in attitude towards spending. Additionally, a strong political will of the Indian government has facilitated investments into India with powerful initiatives like Make in India, Digital India, Smart Cities, and Start-up India.

India has also retained its position as the third largest start-up in the world, with close to 5000 technology startups in the country.

 

Opportunities

Seen as a land of opportunities, India is experiencing business and economic growth like never before. With a growing number of populous cities in the country, India’s urban transformation presents tremendous opportunities for businesses that can provide a planning expertise, provide capital and technology as well as goods and services in demand by the urban consumers.

Apart from mainstream sectors, business prospects exist in financial investment services, media & entertainment, hospitality etc. Growth is aided by the availability of skilled work force, knowledge, and use of English language, the geographical proximity of India to markets in South East Asia and the Middle East, rapid development in IT infrastructure and the continuous increase in the purchasing power of the middle class.

 

Indo-French Relations

The Indo-French economic and commercial ties are an important component of India-France strategic partnership. France is one of India’s top ranking economic partners and bilateral trade has increased significantly over the past fifteen years. France is a leading foreign investor in India, which has been ranked amongst the top FDI destinations for French companies over the past years.

France’s investment-oriented export model complements well the ‘Make in India’ strategy of the Indian government. Around 570 French companies (10% SMEs) are actively engaged in India through more than 1000 offices and sites with total business of $20 billion, employing 3 lakh workers.

Thus, a strong foundation has already been set for economic ties between the two countries. With the support of the French and Indian government, IFCCI, thus, promotes business relations between the two countries through its diverse portfolio of services.

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