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Key Points

Union Commerce Minister Piyush Goyal recently traveled to Paris to promote India's business potential among French companies. During the India-France Business Conference, he emphasized the country's skilled workforce and investor-friendly environment. Goyal met with business leaders and government officials to discuss collaboration in technology, AI, and emerging sectors. His diplomatic efforts aim to strengthen strategic economic partnerships and showcase India's growth potential.

Key Points: Piyush Goyal Unveils India Opportunity to French Business Leaders

  • Goyal promotes deeper India-France business engagement
  • Emphasizes ease of doing business in India
  • Encourages cross-sector collaboration and innovation
  • Meets global trade and economic leaders
2 min read

Piyush Goyal highlights 'India opportunity' to French businesses

Commerce Minister highlights India's potential for French companies, focusing on strategic partnership and collaborative business prospects

"Highlighted the 'India Opportunity', driven by a skilled and talented workforce - Piyush Goyal"

Paris, June 4

Union Commerce and Industry Minister Piyush Goyal on Wednesday said that deeper engagement between businesses will play a significant role in further strengthening the India-France strategic partnership.

Paris, June 4 (IANS) Union Commerce and Industry Minister Piyush Goyal on Wednesday said that deeper engagement between businesses will play a significant role in further strengthening the India-France strategic partnership.

He said this while addressing the India-France Business Conference here, which brought together several Indian and French companies.

“Highlighted the ‘India Opportunity’, driven by a skilled and talented workforce and the government’s commitment to ease of doing business, and how it offers promising avenues for French companies,” said Goyal in a post on X.

He encouraged companies from both sides to collaborate by building on shared interests and leveraging each other’s competencies.

Goyal also met Israel's Minister of Economy and Industry, Nir Barkat.

“Our discussions focused on diversifying our trade basket, fostering innovation, and strengthening cooperation in high-tech and emerging sectors, paving the way for the next phase of our partnership,” said the Union Minister.

On Tuesday, the Commerce Minister addressed the India-France CEO Forum, covering a wide range of aspects of India-France cooperation, including technology, AI, education and startups.

Goyal highlighted how French companies believe in the India growth story.

“Addressed the India-France CEO Forum Small Group Meeting today in Paris along with French Minister Delegate for Foreign Trade and French Nationals Abroad @LaurentSMartin,“ said the Union Minister.

During the interactive discussion, attended by Indian and French companies, “we covered a wide range of aspects of India-France cooperation, including technology, AI, education, and startups,” he stated.

The minister also had a productive meeting with Dr. Ngozi Okonjo-Iweala, Director General of the World Trade Organisation (WTO). The Commerce minister emphasised India’s commitment to help strengthen a fair, inclusive, and rules-based multilateral trading system.

- IANS

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Reader Comments

R
Rajesh K.
Great to see our ministers actively promoting India as an investment destination! 🇮🇳 France has always been a reliable partner. Hope this translates into more job opportunities and technology transfers for our youth. The focus on AI and startups is particularly exciting!
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Priya M.
While I appreciate the efforts, I hope these partnerships also benefit our MSME sector and not just big corporations. Many small businesses are struggling post-pandemic. France could help with sustainable technologies that our local industries can adopt.
A
Amit S.
France is already investing in Indian defense sector. Now expanding to AI, education and startups makes perfect sense. Our engineering talent + their technology = win-win! Hope our students get more exchange program opportunities too.
S
Sunita R.
The mention of WTO is important. India must balance foreign investments with protecting our local industries. We've seen how some FTAs hurt our farmers. Hope Mr. Goyal keeps 'Make in India' as priority while negotiating these deals.
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Vikram J.
Good initiative! But ease of doing business needs more ground-level improvements. My cousin started a tech firm and still faces so many bureaucratic hurdles. Foreign companies might get red carpet treatment while local entrepreneurs struggle with basic approvals.
N
Neha P.
France-India partnership has huge potential in renewable energy sector! 🌱 They have advanced tech in solar/wind energy while we have the manpower and need for clean energy solutions. Hope this gets discussed more in such meetings.

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