Indian, French Companies Ink Pacts Entailing Rs 1,600 Crore Investment


Indian, French Companies Ink Pacts Entailing Rs 1,600 Crore Investment

As many as 12 formal agreements worth 200 million euros have been signed between Indian and French companies, including Thales Group, in Nagpur.

These agreements were signed at the first edition of Indo-French Investment Conclave in Nagpur organised by the Indo-French Chamber of Commerce and Industry (IFCCI), in association with the Embassy of France.

“Twelve formal exchanges of collaboration agreements worth 200 million euros (about Rs 1,660 crore) were signed between French and Indian companies leading to creation of 3,000 jobs,” IFCCI said in a statement.

“The French giant Thales Group set the stage for long-standing partnerships with seven Indian companies, namely Godrej Precision Engineering, Bharat Forge, Amphenol Interconnect India P Ltd, Larsen & Toubro, Solar Explosives, Mahindra Defence Systems and Coriollis,” the statement said. Read more

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