112 delegates to attend Indo-French Investment meet

Source: The Hitavada      Date: 31 Oct 2018 10:38:17


 

Business Bureau,

The Indo-French Chamber of Commerce and Industry (IFCCI), in association with the Embassy of France, is organising an Indo-French Investment Conclave in Nagpur on November 2, 2018. Alexandre Ziegler, Ambassador of France to India, will lead a delegation of about 112 leaders of Indo-French companies to the conclave.


Vidarbha Industries Association (VIA); MIDC Industries Association (MIA); Butibori Manufacturers Association (BMA) and Vidarbha Economic Development Council (VED) are supporting the conclave. Nitin Gadkari, Union Minister for Road Transport, Highways, and Shipping; Devendra Fadnavis, Maharashtra Chief Minister; Chandrashekhar Bawankule, Maharashtra Minister for Energy, New and Renewable Energy, and State Excise, will attend the mega event that is expected to attract huge investment in the region.


The event holds special significance as the event is also expected to open up 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 event will also bring together Indian national and State authorities, policymakers, top private sector players from India and France, multilateral agencies, and eminent industry experts.


Announcing this here at a press conference on Tuesday, Prassana Mohile, Chief Convenor of the event, said, “France is among India’s largest foreign investors. And now we are looking at attracting French investors here in the region.”
Several French companies are concentrated in large metropolitan cities such as Delhi NCR, Mumbai, Pune, Bengaluru, Chennai, Hyderabad, Ahmedabad, and Kolkata.
Atul Pande, President of Vidarbha Industries Association and Devendra Parekh, President of Vidarbha Economic Development Council, were present on the occasion.