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India-France CEOs Forum Strengthens Economic and Strategic Partnerships

RR Team, February 12, 2025February 13, 2025

Prime Minister Narendra Modi and French President Emmanuel Macron jointly addressed the 14th India-France CEOs Forum in Paris today, reaffirming the deepening economic ties between the two nations. The event brought together top business leaders from diverse industries, including defence, aerospace, critical and emerging technologies, infrastructure, artificial intelligence, life sciences, and sustainable development. It served as a platform for discussing investment opportunities, collaboration, and the future of economic engagement between India and France.

In his address, Prime Minister Modi highlighted the growing India-France business partnership and its significant role in strengthening the strategic ties between the two countries. He emphasized India’s appeal as a global investment destination, citing its stable governance and progressive policy environment. Reflecting on recent economic reforms, he pointed out key changes, such as the opening of the insurance sector to 100% foreign direct investment, private sector participation in civil nuclear energy, and a rationalized customs rate structure. He assured investors that India remains committed to fostering a business-friendly ecosystem, with over 40,000 compliances already streamlined to ease operations.

The Prime Minister extended a warm invitation to French enterprises, encouraging them to explore the vast opportunities in India’s defence, energy, civil aviation, space, healthcare, fintech, and emerging technology sectors. He underscored the global recognition of India’s talent, innovation, and expertise, particularly in AI, semiconductors, quantum computing, critical minerals, and hydrogen energy. Calling for deeper collaboration, he expressed confidence that India and France could drive technological advancements and economic growth through mutual cooperation.

The forum also featured addresses by External Affairs Minister Dr. S. Jaishankar and senior French ministers, reflecting the strong commitment of both governments to fostering an environment conducive to investment and innovation. The presence of influential CEOs from India and France underscored the forum’s significance as a catalyst for strategic business partnerships. As both nations look ahead, this dialogue marked another milestone in their shared vision of sustainable growth, technological leadership, and long-term economic cooperation.

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