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Key Points

Piyush Goyal held meaningful discussions with French business leaders to explore India's growth potential across various sectors. Meetings with CEOs from EDF Energy, Renault, and L'Oreal highlighted India's capabilities in renewable energy, automotive manufacturing, and the 'Make in India' initiative. Goyal emphasized collaboration in sustainable energy and the automotive industry's electrification with prominent French companies. His talks form part of a broader visit aimed at reinforcing trade and cooperative endeavors with global partners.

Key Points: Piyush Goyal Engages French CEOs on India's Growth Potential

  • Piyush Goyal meets EDF's Bernard Fontana on clean energy
  • Renault's Luca de Meo discusses India's EV potential
  • L'Oreal's expansion under 'Make in India' discussed
2 min read

Piyush Goyal discusses new opportunities with top French business leaders

Piyush Goyal explores growth opportunities with French CEOs in renewables, EVs, and cosmetics.

"Discussed India's leadership in the renewable energy sector and sustainable integration. - Piyush Goyal"

New Delhi, June 2

Union Commerce and Industry Minister Piyush Goyal held a series of high-level meetings in Paris with top French CEOs to explore new opportunities for India's growth across key sectors such as renewable energy, automobile manufacturing, electric vehicles (EV), and consumer products.

As part of his engagements, Goyal met Bernard Fontana, Chairman and CEO of EDF Energy, to discuss India's growing role in the global clean energy transition.

"Met Mr. Bernard Fontana, Chairman and CEO of @EDFofficiel in Paris.Discussed India's growing leadership in the renewable energy sector and ways to further integrate sustainable energy solutions into our development roadmap,"Piyush Goyal tweeted on social media platform 'X'.

He also met Luca de Meo, CEO of Renault Group, to highlight India's potential in automotive manufacturing and the EV ecosystem.

"Held a meeting with Mr. Luca de Meo, CEO of @RenaultGroup.Exchanged views on India's growing potential as an automobile manufacturing hub, along with emerging opportunities in the EV sector," Goyal posted on 'X'

In a meeting with Nicolas Hieronimus, CEO of L'Oreal Groupe, the minister discussed the scope for the cosmetics giant to expand manufacturing under the 'Make in India for the World' initiative.

On Sunday, Goyal also met Patrick Pouyanne, Chairman and CEO of TotalEnergies, to explore the company's investment plans in India and to deepen cooperation in the renewable energy domain.

The minister commenced his three-day official visit to France on 1st June 2025, as part of his ongoing visit to France and Italy from 1-5 June 2025.

"As part of the visit, the Minister will hold a series of high-level bilateral meetings with key international partners. These include the United Kingdom's Secretary of State for Business and Trade, Mr. Jonathan Reynolds; Singapore's Deputy Prime Minister and Minister for Trade and Industry, Mr. Gan Kim Yong; and Saudi Arabia's Minister of Commerce, Dr. Majid bin Abdullah Al-Kasabi," Ministry of Commerce & Industry said in a statement.

Recently, the minister expressed India's gratitude to France for its unwavering support and solidarity following the April 22 Pahalgam terror attack, emphasising the shared commitment between both nations in maintaining zero tolerance against terrorism.

Goyal also expressed optimism that India could finalise its Free Trade Agreement (FTA) with the European Union (EU) ahead of the year-end deadline, citing minimal divergences between the two economic blocs.

- ANI

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Reader Comments

R
Rajesh K.
Great to see India strengthening ties with France! The renewable energy collaboration with EDF is particularly promising. We need more such partnerships to achieve our 500GW renewable energy target by 2030. 🇮🇳⚡
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Priya M.
While these high-profile meetings look impressive, I hope they translate to actual investments and job creation. Too often we see MOUs signed but implementation takes years. Fingers crossed this time!
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Amit S.
The EV sector discussions with Renault are exciting! But we need better charging infrastructure across India first. Maybe French companies can help set that up too? Also hoping for more affordable EV options for middle-class families.
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Sunita R.
L'Oréal expanding manufacturing in India is wonderful news! Our beauty market is growing rapidly and 'Make in India' products will be more affordable. Plus, it'll create employment for many skilled workers. Win-win situation!
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Vikram J.
The FTA with EU is long overdue. Hope Minister Goyal can push it through this time. Our exporters need better access to European markets. Just ensure our farmers and small industries are protected in the deal.
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Neha P.
Appreciate that the minister acknowledged France's support after Pahalgam attack. Terrorism affects us all. Strong economic ties must go hand-in-hand with security cooperation. Jai Hind!

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