INDIA & FRANCE. 30/11/2012 Bernard Dufresne Economic Counsellor French Consulate General in Mumbai

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1 INDIA & FRANCE 30/11/2012 Bernard Dufresne Economic Counsellor French Consulate General in Mumbai

2 INDIA & FRANCE : STRONG CULTURAL LINKS Literature Cinema Architecture Music & dance Theatre BONJOUR INDIA

3 INDIA & FRANCE: STRATEGIC PARTNERSHIP Double Taxation Avoidance Agreement (DTAA) - Sept 1992 Nuclear agreement - Oct 2008 Social security agreement ratified beginning 2011 IFCPAR / CEFIPRA Indo-French Center for the Promotion of Advanced Research CEO Forum IFCCI - Indo French Chamber of Commerce and Industry

4 FRENCH ECONOMIC PRESENCE IN INDIA Exports from India to France: 4.69 billion euros (Source: French customs authorities 2012) Exports from France to India: 2.77 billion euros (Source: French customs authorities 2012) 700 French companies in India, employees 100 Indian companies in France, 5600 employees

5

6 INDIAN ECONOMIC PRESENCE IN FRANCE - 13th largest foreign investor in France by project numbers in Indian Investment projects in France in Indian companies in France - employing over 5,600 people Indian citizens living in France Source: AFII

7 INDIAN PRESENCE IN FRANCE PER TYPE OF ACTIVITIES Reference: Indian projects realised in France in 2011 Source: AFII

8 WHAT ARE YOUR BENEFITS IN FRANCE? 2

9 A GLOBAL ECONOMIC POWER - The 2nd largest economic power in the European Union. Source: IMF, The world s 6th largest exporter of goods and 5th largest exporter of services. Source: WTO, French companies among the world s leading 500 (Germany: 32, United Kingdom: 26) Source: Fortune Global 500, 2012

10 THE MARKET The 2nd largest economy in Europe with access to 500 million consumers The Gateway to your business in Europe, Africa & French speaking countries

11

12 THE FRENCH SPEAKING MARKET France gives you access to more than 40 French speaking countries that is to say more than 200 million French speaking people for whom French is the native and administrative language

13 THE SCHENGEN AREA Schengen Area = 25 member States Including Switzerland since December 2008 UK and Ireland are not member States

14 A VERY COST-EFFECTIVE LOCATION

15 A HIGHLY QUALIFIED & PRODUCTIVE WORKFORCE

16 TAX MEASURES TO FOSTER COMPETITIVENESS

17 A COUNTRY PRIORITIZING R&D AND INNOVATION

18 INNOVATION CLUSTERS - France has 71 innovation clusters which unite researchers and manufacturers from the same industry in a region and showcase the diversity of France s key sectors. - Over 6,500 companies belong to these clusters, including 512 foreign companies. - In these open ecosystems, companies can develop partnerships and synergies with universities and research laboratories on collaborative R&D projects with an international profile. - As part of a responsive network of companies, researchers and clients, cluster members gain access to the expertise and talent they need. They also benefit from innovation platforms and tailored services, while receiving direct subsidies, tax exemptions and tax credits.

19 THE CLUSTERS MAP

20 IFCPAR / CEFIPRA, an Indo-French Centre - IFCPAR / CEFIPRA is an Indo-French Centre in charge of the Promotion of Advanced Research for bilateral cooperation in Science and Technology. - The Centre, established in 1987 in New Delhi, receives financial support from the Department of Science & Technology, Government of India and the Ministry of Foreign Affairs, Government of France - The Centre is in charge of promoting collaborative research between India and France in cutting edge Science and Technology such as fundamental and applied scientific research. - The Centre organises exchange visits for Indian and French scientists providing an opportunity to work in French and Indian laboratories. - The Centre organises workshops/seminars for scientists of both countries to interact on topics of mutual interest.

21 THE EURO CRISIS

22 THE EURO CRISES : interest rates in Europe

23 The Euro crisis : measures taken in Europe - Structural decisions regarding national budgets - How to react to crises in the member states : the European Stability Mechanism (EMS) - How to boost economic activity in Europe

24 Thanks for your attention & Welcome to France

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