‘French cos may invest $10 bn in India over next 5 years’

France taking active part to boost Make in India and Skill India initiatives.

  1. French companies are likely to invest almost $10 billion in India in the next 5 years and a major portion of this will be in the industrial sector making.
  2. French firms had invested more than one billion dollars annually in the last 5 years.
  3. The country’s companies account for 10 per cent of solar capacity installed in India and they could increase their capacities by 2020-22.
  4. There were over 400 French firms in India with a consolidated turnover of about $20 billion and France was the third largest foreign investor in India.
Foreign Policy Watch: India-France
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