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Goyal invites French firms to manufacture in India
Times of India··15 Jun
Times of India reported that Commerce Minister Piyush Goyal invited French companies to invest, design, innovate and manufacture in India at the Bharat Innovates event in Nice. He pitched India as a trusted partner offering scale, talent, innovation and a large domestic market.
Prism
What It Means For You
- More French manufacturing investment could create jobs and deepen export capacity in India.
- Startup and innovation ties may open opportunities in deep tech, clean energy and industrial design.
- The investment pitch needs practical follow-through on infrastructure and approvals.
What's Happening
- Piyush Goyal addressed Bharat Innovates in Nice.
- He invited French companies to invest and manufacture in India.
- The remarks came during PM Modi's France visit and G7-linked engagements.
Trade Context
- India-France trade stood at USD 15.81 billion in 2025-26.
- France invested USD 12.25 billion in India between April 2000 and March 2025.
- Both sides are trying to expand strategic and technology cooperation.
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