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Ambassador's message: Dear friends from India and France, At the heart of the relations between our two countries, there is mutual understanding, respect, enduring trust and support. Our friendship is a treasure we cherish. The 60 years of Indo-French cooperation on space, which we celebrate this year, show how far France and India can work, thus bolstering their respective independence and strategic autonomy. Indeed, the aerospace sector plays a key role in our partnership from civilian aeronautics to space and defence. When the Strategic partnership between India and France was signed in 1998 by President Chirac and Prime Minister I.K. Gujral, and then launched with Prime Minister A. B. Vajpayee, few anticipated such a swift development of our relations during the following 15 years. We will pursue and strengthen these ties thanks to the major projects ahead, particularly the expected finalization of the defence projects – MMRCA and SRSAM missile – as well as nuclear power generation projects. Our partnership is also based on significant cross-investments: each day French and Indian companies build strong and long-lasting ties. With nearly 19 billion dollars of investment stock in India, French companies are among the biggest foreign investors in this country. On their side, Indian investments in France have also been rising over recent years. They are welcome and a series of bold measures have just been announced, which will further boost this trend: cuts in corporate taxes by €30bn by 2017 ($41bn); guarantee from the administration that the tax, labour, administrative rules applying to an investment will be the same over the years; at least €50bn savings in public spending by 2017 ($69bn); and structural reforms on the labour market. The partnership between France and India is further shaped by those French and Indian students who, increasingly, choose to study in the other country and create enduring ties with its people, language and culture. With the “Talent Passport” that has just been unveiled, we will give multiyear circulation or working visas for corporate officers, highly qualified workers, young qualified graduates and researchers. Our Indian friends can be assured of our steadfast friendship. France is wide-open to talent and innovation. H.E. Mr François Richier Ambassador of France to India
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Message from the Director of Invest in France Agency Office in India – Embassy of France: Dear Chairpersons and CEOs, In the competition to attract job-creating foreign investment, valueadded and talent, countries with a strong and comprehensive “investment attractiveness mix” stand apart from their peers. In this respect, France provides outstanding competitive assets. Needless to underline the importance of structural advantages, such as efficient public services, world-class infrastructure, a diversified technological base, a highly skilled and productive workforce and one of Europe's most dynamic demographics signaling the country's confidence in the future. France is committed to innovation, R&D and excellence. An eco-system combining the best research tax credit system in Europe, 71 innovation clusters and high-level universities strengthen the position of France as an innovation leader. Moreover, France is recognized for its quality of life. President François Hollande, during the French Attractiveness Council held in Paris on February 17th 2014, with the participation of 34 Chairmen of prominent multi-national corporations, announced several key measures which will be implemented to foster France's attractiveness, including stabilization of corporate tax rules, simplification of custom procedures for imports and exports and introduction of a tax-break for foreign start-ups. The number of Indian investments in France grew significantly in the past years, with the presence of major Indian corporations active in diversified sectors of activities. Being eager to increase further Indian investments in France, we are at your disposal to accompany your investment projects in France. Contact: Mr. Dominique Frachon, Managing Director Invest in France Agency Embassy of France 2/50 E Shantipath Chanakyapuri, 110 021 New Delhi Tel +91 11 63 19 63 05 Email: dfrachon@afii.fr http://www.ambafrance-in.org/
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Summary FOUR FACTS YOU MAY KNOW ABOUT FRANCE ............................................ 7 1: The 5th largest global economy at the heart of a 500 million consumer market .............. 8 2: 83 million foreign tourists every year ..............................................................................10 3: Among the lowest electricity prices in Europe ............................................................... 11 4: 280,000 foreign students in France: 3rd global leading destination for students .............. 12
FOUR FACTS YOU MAY NOT KNOW ABOUT FRANCE .................................. 13 1: Structural reforms: $41bn cuts in corporate taxes .......................................................... 14 2: Two foreign companies invest in France everyday ......................................................... 16 3: 71 technology clusters and the best research tax credit in Europe .................................. 18 4: The most dynamic demographics in Europe .................................................................. 20
FOUR FACTS ABOUT FRANCE AND INDIA ..................................................... 21 1: One of the top investors in India with nearly $19bn stock ............................................ 22 2: 100 Indian groups present in France ............................................................................... 24 3: 60 years of Indo-French strategic cooperation ................................................................ 27 4: 3,000 Indian students in France ...................................................................................... 29
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FOUR FACTS YOU MAY KNOW ABOUT FRANCE
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1- The 5th economy of the world at the heart of a 500 million consumer market With a GDP of $2,770bn, France is the 5th economy in the world after the United States, China, Japan and Germany. Thanks to its overseas territories, France has the 2nd largest exclusive economic zone (11 million sq. km.) after the United States and a presence in all oceans. France is at the heart of the European Union which, combining the GDP of its 28 Member States, has the highest GDP in the world (ahead of the United States - source: IMF, 2012). The European Single Market is also the 1st market in the world: 500 million consumers with high purchasing power.
French companies at the forefront of their sectors Of the world's top 500 companies, 31 are French (Germany has 29 and the United Kingdom 26). This puts France 4th in the world and 1st in Europe (source: Fortune Global 500, 2013). For the second year in a row, French companies ranked high in the list of the 100 most innovative organizations in the world published by Thompson Reuters (October 2013). 12 French groups are included in this list: 9 French companies (Airbus, Alcatel-Lucent, Arkema, L'OrĂŠal, Michelin, Saint-Gobain, Thales, Safran and Valeo) and 3 French public bodies (CEA, CNRS and IFP Energies Nouvelles) were selected by Reuters. France ranks 3rd in the world after the United States and Japan, and 1st in Europe, followed by Switzerland (4), Germany (3), Sweden (2) and the Netherlands (1). France has: ? Europe's largest aerospace and nuclear industries ? Europe's 2nd largest agri-food and chemical industries ? Europe's 3rd largest ICT and pharmaceutical sectors.
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Paris: the euro zone's leading financial center Euronext is Europe's 2nd largest stock market by equity trading value, with almost $2,700bn (€2,000bn) traded in 2012. Paris is the leading investment center in continental Europe, and the 2nd largest in the world for investment funds (after the United States) with more than $3,500bn (€2,600bn) of assets under management. There are 4 French banks among the 10 largest in Europe and many leading insurance companies are French: turnover of more than $275bn (€200bn) and more than $2,600bn (€1,880bn) of investment in the French economy (source: Paris Europlace, December 2013). Paris is Europe's 2nd largest private equity industry center (after London).
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2- 83 million foreign tourists every year France is the world's top tourist destination, with 83 million foreign tourists. Tourism accounts for 7% of French GDP. This sector has shown a marked progression, achieving a balance of nearly $18bn in 2012. Foreign tourists in France spend a total of $48.3bn. The dynamic tourism sector is rapidly being transformed under the effect of a new, emerging clientele. Today, Asia accounts for the growing number of foreign tourists in France. Tourism in France is multi-faceted with different sectors developing fast, for instance: > Wine tourism is one of the most dynamic industries. 24 million people visit the wine
regions. > With 55 million skier days sold, France is the world's top skiing destination
Furthermore France is positioning itself as a cultural destination, with Paris’ unmatched cultural life and many international events across France.
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3- Among the lowest electricity prices in Europe Carbon-free energy accounts for 51% of primary energy consumption in France, of which 42% comes from nuclear power. This figure rises to 90% for electricity generation alone: 75% comes from nuclear power, 11.8% from hydropower, 2.8% from wind power, and 0.7% from solar photovoltaic power (source: France RTE, 2012). France ranks 3rd in the World Economic Forum's "Global Energy Architecture Performance Index Report 2014", which assesses a country's ability to provide an affordable, sustainable, and secure energy supply. France ranks 1st in Europe. France has among the lowest electricity prices in Europe: Chart 1: Electricity prices (EUR kWh) for industrial consumers in 2013 (source: Eurostat)
Chart 2: Electricity prices (EUR kWh) for household consumers in 2013 (source: Eurostat)
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4- 280,000 foreign students in France: 3rd global leading destination for students rd
3 international student destination in the world With 280,000 international students (12% of the country's total postsecondary enrollment), including 25,000 doctoral candidates, France is the 3rd country in the world for its international student population, after the United States and the United Kingdom (source: UNESCO, 2013). In the last 10 years, the number of international students in France has grown by 75%. The quality of French higher education is widely recognized. French institutions figure prominently in the Shanghai Classification of Universities, in the rankings of the Financial Times and Times Higher Education, and in the European Report on Science and Technology published by the European Commission. France spends about 1.2% of its GDP on higher education – about $27bn annually. Financing for higher education is predominantly public (87%). France's spending for higher education represents an investment of about $14,900 per student, including international students. For the second consecutive year, the British rating organization QS Top Universities ranked Paris number one on its Best Student Cities list, based on the performance of Parisian higher education institutes.
700 courses taught in English With more than 700 courses taught in English, language is not a barrier anymore. The number of English-taught courses is growing fast: Business and Engineering Schools led the way and now, big public universities are following suit. 90% of the foreign students that came to follow an English-taught course in France acquired good skills in French language during their stay (source: TNS-Sofres Campus France, 2012).
New measures to welcome foreign students Several measures have been taken recently to welcome foreign students: creating multi-annual residence documents; extending the validity of job permits; and establishing 45,000 additional student housing units within the next 5 years. For Indians nationals who have graduated from a French institution, a 5-year (renewable) circulation visa is automatically granted.
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FOUR FACTS YOU MAY NOT KNOW ABOUT FRANCE
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1- Structural reforms: $41bn cuts in corporate taxes Ambitious measures have been taken recently to reduce corporate taxation, simplify procedures, decrease public spending and boost employment.
Labor costs and corporate taxation cuts In January 2014, the French President announced a series of pro-business measures (“Pacte de responsabilité”): > Cutting labor costs and corporate taxation: corporate taxes will be reduced by $41bn by
2017. The government will also simplify taxes and increase their predictability. > Simplifying doing business: companies now have a single interlocutor for their
investments; accounting requirements for SMEs have been radically simplified, generating savings of more than $138m; and access to public procurement contracts has been simplified.
Structural reforms The Labor Law Reform Act of June 2013 helps businesses to adapt flexibly to economic conditions through company-level agreements on work time and wages. It stems from an agreement reached by trade unions and business representatives in January 2013. France is also pushing ahead with pension reforms. A law passed on 20 January 2014 introduces a gradual increase of the contribution period required to obtain a full pension.
Sound public finances France has taken decisive steps to bring down public deficits. The structural effort made over 3years, from 2012 to 2014, represents nearly 4 points of GDP. Public spending will have been reduced by $69bn by 2017.
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New measures to further bolster foreign investments in France In February 2014, the French President announced 8 key measures to bolster foreign investment in France. Among these: > It will be possible for companies to get guarantees from the tax administration that the
rules applying to their investment will remain identical over the years. Tax standards will remain stable and predictable. > A "Talent Passport" will make it easier for skilled professionals and workers to come to
France. By early 2015, holders of the "Talent Passport" and their families will be offered 4year renewable visas. This initiative covers corporate officers and highly qualified workers, investors, qualified young graduates, researchers and foreigners with an international recognition in science, humanities, literature or arts.
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2- Two foreign companies invest in France everyday Innovation, efficient infrastructures, competitive cost structure and high hourly productivity France has the 5th largest FDI stock in the world after the United States, China, Brazil and the UK (source: UNCTAD, World Investment Report, January 2013). This stock amounts to $1,000bn (source: French Ministry of Economy). France is the leading destination in Europe for foreign investment in industry (source: Ernst & Young, European Attractiveness Survey, 2013). Key factors: > Efficient infrastructures: ? France is leading in Europe for its road network (source: Eurostat, 2013) and
railways (source: Boston Consulting Group – European Railway performance Index 2012); z Paris-Charles de Gaulle airport is Europe's largest cargo hub and second largest passenger airport (source: Airport Council International, 2013). > A favorable cost-structure: KPMG's “Competitive Alternatives” guide to international
business location options (2012), which compares the cost of setting up and operating companies in 9 industrialized countries and 5 emerging countries, ranks France ahead of the United States, Japan and Germany.
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> An excellent hourly labor productivity: France is ranked 4 globally, and 3 in the
European Union, for hourly labor productivity (source: The Conference Board, 2013)
Invest in France Agency (IFA): the entry point to facilitate foreign investments At foreign investors' request, the IFA identifies potential sites best-suited to their future business in France and introduces them to authorities. IFA experts also help investors to set up contact with potential partners, self-contractors and suppliers at the local level.
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3- 71 technology clusters and the best research tax credit in Europe France has 71 technology clusters in which companies, public-sector educational institutions and research laboratories work on collaborative, market-oriented projects. More than 5,700 collaborative R&D projects have been undertaken since 2005. More than 600 foreign companies established in France are members of innovation clusters. Since 2008, project partners have spent $8bn in R&D through the technology clusters. These spendings were shared equally by public institutions and private companies.
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France offers the best research tax credit in Europe to all companies The rate covers 30% of all R&D expenses up to $140m, and 5% above this threshold. The tax credit base covers all R&D spending.
A strong emphasis on research, innovation and entrepreneurship For the 3rd consecutive year, French start-ups came at the top of the Deloitte Technology Fast 500 ranking for European technology companies whose turnover has risen most in the past five years (2013). This study rated favorably the positive ecosystem in France for young, innovative companies, in particular in the field of digital economy. Several recent measures have been introduced to further bolster France's position in the global knowledge economy. The Research Act of July 2013 strengthens the links between academia and the private sector. To support innovation, the government sponsors 34 large-scale projects through a $4.1bn program, which brings together large French companies, foreign researchers and startups in various fields such as nanotechnology, robotics, cloud-computing, etc. The “French Tech” initiative also introduced a range of measures to encourage start-ups and investment in them.
A Worldwide Innovation Challenge President François Hollande set up the “Innovation 2030 Commission”, chaired by Ms. Anne Lauvergeon. In December 2013, the commission launched the “Worldwide Innovation Challenge” open to all companies in the world. Winners will share $410m to co-finance their innovative projects. The Commission defined 7 key areas: > Energy storage > Recycling of metals > Development of marine resources > Plant proteins and plant chemistry > Personalized medicine > The silver economy - Innovation in the service of longevity > Big Data.
Companies wishing to take part in the competition can apply online at: http://www.innovation2030.org/en
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4- The most dynamic demographics in Europe One of the highest fertility rates in Europe With 2.01 children per woman, France has the second highest fertility rate in Europe, just behind Ireland. France therefore stands out from the rest of the EU, where the average fertility rate is 1.6 children per woman. With Europe's second highest birth rate, France accounts for more than half of the European Union's natural population increase (source: Eurostat 2013). 85% of French women work. A large number of facilities (such as child care centers) make it possible to combine motherhood and professional life.
Dynamic demographics According to INSEE, the population of France in 2013 is 65.8 million, an increase of 300,000 people (+0.47%) since last year. Estimations are that, by 2050, France should become EU's most populated country (with a population exceeding that of Germany). These demographics are synonymous with economic dynamism and sustained growth.
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FOUR FACTS ABOUT FRANCE AND INDIA
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1- One of the top investors in India with nearly $19bn stock The stock of investments made by French companies in India represents nearly $19 bn. This figure places France amongst the largest foreign investors in India. Given the massive French investments in India over the past few years, the French Government appointed a Special Representative for Indo-French Economic Relations, Mr. Paul Hermelin. These figures stem from interviews with the major French companies based in India. According to these results, France is one of the topmost investors in India – and India, one of the top destinations of French investments abroad.
French companies present in India for more than 120 years French investments in India are the result of several successive waves: the 'historic' investments of the 19th century (Alstom, BNP); a group of French companies that came to India 30 years ago; and a third group of companies, the large majority, which created their subsidiaries in India from 2006 onwards.
India is one of the most attractive countries for French investors India emerges as one of the most attractive countries for French investors: they now invest as much in India as in China, although China's GDP is 4 times that of India. 25 French companies have a capital stock of over $130m. 4 companies amongst them have a capital stock higher than $1.3bn. The stock of French investments in India is thus close to the stock of the 2 largest foreign investors in India: the United States and Japan.
French investments are expected to grow in the next few years Over the next 4 to 5 years, the stock of French investments in India should evolve significantly with the consolidation and extension of existing investments, as well as the arrival of new companies in India. More investments are to come following the contracts and industrial cooperation in strategic sectors, which trigger 30 to 50% offset.
750 French companies present in India, employing 240,000 skilled staff 750 French companies (350 companies and 400 subsidiaries) are established in India today. French companies are present throughout the territory of India but are principally
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concentrated in the large metropolitan cities (Delhi-NCR, Mumbai/Pune, Bangalore, Chennai, Hyderabad, Ahmedabad, and Kolkata). French companies employ more than 240,000 skilled staff in India. They feature among the largest private employers in India. The largest French employer in India, Cap Gemini has a skilled workforce of 50,000. More specifically, the information technology and communication sector is one of the larger French employers in India with a dozen companies employing a total of a little over 70,000 employees, followed by banks (BNP Paribas employs 14,000 employees). In the industry sector, the major employment providers today are Schneider Electric (17,000), Alcatel Lucent (12,000), and Alstom (9,000). Most of the skilled employees are Indian nationals. In addition to their office headquarters and their production plants, French companies also set up large research and development centers. French companies in India employ between 15,000 and 20,000 employees for R&D.
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2- More than 100 Indian companies in France Indian companies in France There are more than 100 Indian companies operating in France. In December 2012, their investment-stock was $565m (source: Banque de France). However, official figures (in France as in India) retain only the territorial origin of the funds; only a specific study, similar to the one conducted for French investments in India, could cover all investments (for instance, loans contracted by Indian companies in France are not counted in official figures though they are a way to finance investments). Indian investments in France are notable for their focus on R&D, engineering and design projects, which accounted for 38% of all Indian investment decisions in France, while 4% of all foreign R&D investment projects in France were made by Indian companies. The next largest focuses were production/manufacturing and business-to-business services (25% each). 25% of investments in France by Indian companies were made in the textiles, industrial textiles, clothing and accessories sector. Half of all Indian investments were located in two of France's regions: Paris region (25%) and Nord-Pas de Calais (25%).
Top 5 Indian companies in France Parent company SINTEX INDUSTRIES LTD. TATA STEEL LTD. TATA SONS LTD. DELTRONIX MOTHERSON SUMI SYSTEMS
Main business sector Chemicals, plastics Metals, metalworking Software and IT services Automotive industry Automotive industry
Workforce in France 1,880 1,322 956 440 403
Main investment projects in 2013 > TRIDENT TOOLS PVT. LTD.: Ultra Nova, a producer of metallic blades for handsaws,
portable electric tools and industry, based in Roanne (Rh么ne-Alpes region), was taken over by Indian company Trident Tools. > TATA SONS LTD.: IT services company Tata Consultancy Services (TCS) opened a
new services center in the Eura technologies business park in Lille (Nord-Pas de Calais region). The center is to provide project management support to French customers.
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> BIOLOGICAL E. LTD.: This Indian group made its first acquisition abroad when it took
over a vaccine development laboratory belonging to the Franco-Austrian biotech company Valneva in Saint-Herblain (Pays de la Loire region). > WIPRO LTD.: With operations in France since 2001, the engineering and design office
Wipro sought to consolidate its presence in the aerospace sector in the Toulouse area (Midi-PyrĂŠnĂŠes region).
Distribution of projects by business activity Business Sectors
2013 1 1 2 3 2 21 8
Decision-making centers First-time investments in France Production / Manufacturing R&D, engineering, design R&D Business-to-consumer services total
Share of total 13% 13% 25% 38% 25% 25% 100%
Share of this Activity* 1% 1% 1% 4% 4% 2% 1%
*Share of Indian investments in the total number of investments in each activity. Key: In 2013, 13% of Indian investment projects in France were in decision-making centers. 1% of foreign investments in decision-making centers were made by Indian companies.
Distribution of projects by business sector Business Sectors
2013
Textiles, industrial textiles, clothing and accessories Software and IT services Aerospace, naval and railway materials Consulting, engineering and business services Pharmaceuticals and biotechnologies Other services Metals, metalworking total
2 1 1 1 1 1 1 8
Share of total 25% 13% 13% 13% 13% 13% 13% 100%
Share of this Sector* 5% 2% 2% 2% 3% 4% 3% 1%
*Share of Indian investments in the total number of investments in each sector. Key: In 2013, 25% of Indian investment projects in France were in the textiles, industrial textiles, clothing and accessories sector. 5% of foreign investments in the textiles, industrial textiles, clothing and accessories sector were made by Indian companies
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Distribution of projects by host region Host Region Ile-de-france (Paris region) Nord-Pas de Calais Provence-Alpes-C么te d'Azur Midi-Pyr茅n茅es Rh么ne-Alpes Pays de la Loire total
2013 2 2 1 1 1 1 8
Share of total 25% 25% 13% 13% 13% 13% 100%
Share of this regional investment* 1% 5% 2% 2% 1% 3% 1%
*Share of Indian investment in the total number of investments in each region. Key: In 2013, 25% of Indian investments in France were located in Ile-de-France (Paris region). Indian investments accounted for 1% of job-creating foreign investment projects in Ile-deFrance (Paris region).
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Distribution of projects by business sector
3- 60 years of Indo-French strategic cooperation – A Chronology “France is one of India's oldest, closest and most reliable partners” - President Pranab Mukherjee The Strategic Partnership between France and India was signed in January 1998 by President Chirac and Prime Minister I.K. Gujral, and then launched during Prime Minister A.B. Vajpayee's visit to Paris in September 1998. Strategic cooperation between France and India dates back to 1951, with the first agreement between the Indian and French Atomic Energy Commissions, and has constantly been developed and expanded in scope: > Nuclear energy: ? 1951: first agreement between the Indian and French Atomic Energy Commissions
followed by several bilateral agreements over forty years. ? 1998: nuclear energy defined as a pillar of the Strategic Partnership. ? 30 September 2008: signature of the current Indo-French agreement on nuclear
energy. ? 4 February 2009: Memorandum of Understanding between AREVA and NPCIL for building up to 6 EPR units in Jaitapur, Maharashtra - this project will provide India with a total capacity of 10 GWe, covering one-sixth of India's 2032 target. > Defence cooperation: ? 1953: acquisition of the military aircraft TOOFANI (Dassault) by the Indian Air
Force, followed by a continuous cooperation - MYSTERE IV (1957),naval ALIZÉ (1960), JAGUAR (1979) manufactured under license by HAL, and MIRAGE 2000 (1982). ? 1962: licence agreement Sud Aviation/Aerospatiale (Airbus) HAL and, since then, production of Cheetah/Chetak (Lama/Alouette)helicopters. ? 1982: agreement on the transfer of technology of the MILAN missile MBDA-BDl ? Since 1998: regular land (Shakti), naval (Varuna) and air (Garuda) joint exercises. ? 2005: agreement to build Scorpene submarine in India (DCNS). ? 2006: Defence Bilateral Agreement. ? In 2012: the Rafale was selected to equip the Indian Air Force - once concluded, the contract will trigger unprecedented levels of technological and industrial cooperation.
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> Space cooperation: ? 15 May 1964: first protocol agreement on space between France and India. ? 1965: transfer of the technology of the “Centaure” rocket. ? 1972: transfer of the technology of the “Viking” rocket engine. ? 1998: Space defined as a pillar of the Strategic Partnership. ? 30 September 2008: signature of the current agreement on Space. ? October 2011: launch of the Indo-French satellite “Megha-Tropiques”. ? February 2013: launch of the Indo-French satellite “SARAL”. > Counter-terrorism cooperation: since the 2008 Mumbai attacks, France and India have
strengthened their cooperation in this area within the framework of a joint working group. > Cyber-security: during President Hollande's State Visit to India (February 2013), it was
decided to further expand the scope of security cooperation with a dialogue on cyber security, opening the way for cooperation in this strategic field.
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4- 3,000 Indian students in France Approximately 3,000 Indian students are currently studying in French universities. This figure has recently undergone a sharp growth, having practically doubled over the past 5 years. The expansion of university cooperation with India is a priority for France.
Why study in France? With a wide range of 700 courses taught in English all over France, language is no longer a barrier. French institutions figure prominently in international rankings like the Shanghai classification, the Financial Times and Times Higher Education and in the European Report on Science and Technology. 40 French universities were ranked by QS in their top world universities list in 2013. France has a long-standing reputation for excellence in research, as in engineering and in management studies. But Indian students are also drawn to France's excellent institutes for human and social sciences, its schools of design and its cuisine schools.
The wide range of measures have been taken over the past years to promote exchanges > 450 partnerships have been signed between French and Indian institutions of higher
education whereby French and Indian students participate in exchange programs or joint degree programs, covering the whole range of academic fields and vocational training, from the social sciences and humanities to finance, business and management, or even applied mechanics and high tech research. > A wide array of scholarships is available to Indian students: merit scholarships offered
by the French government or by specific institutions, corporate grants, European Erasmus Mundus scholarships or regional scholarships > Campus France, the French governmental agency promoting studying in France,
has 9 offices in major Indian cities (Ahmedabad, Bengaluru, Chandigarh, Chennai, Delhi, Hyderabad, Kolkata Mumbai and Pune), to assist Indian students seeking admission in French universities. > One-year visas are now readily available for students who wish to stay on in France after
they've completed their education, to gain work experience and capitalize on the professional/academic contacts they may have made.
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> A 5-year, renewable, circulation visa is delivered to Indian nationals who have a
graduate (master level) or post-graduate degree from a French institute of higher education. > The India-France Job Opportunities Board helps Indian students who have recently
returned from France to find job opportunities with French companies and their subsidiaries in India.
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Airbus Group: Investing in a comprehensive partnership with India Airbus Group is a global leader in aerospace, defence and related services. In 2013, the Group – comprising Airbus, Airbus Defence and Space and Airbus Helicopters – generated revenues of € 59.3 billion and employed a workforce of around 144,000. Airbus Group has contributed to the growth of the Indian civil aviation sector and the modernization of the Indian armed forces for decades. Airbus, the Group's international flagship, started its partnership with India in 1974 when it supplied an A300 aircraft to Air India. Today, that partnership has grown to well over 60% share of the Indian commercial aircraft market. Today, Airbus aircraft are part of the fleet of all major Indian carriers. Soon, the A380, will serve the buoyant Indian market. Airbus is not only one of India's largest aircraft manufacturers, it can also be claimed that there is an Indian contribution or a bit of 'made in India' in all Airbus aircraft. Airbus Helicopters has more than a 50 year old industrial cooperation with Hindustan Aeronautics Ltd. (HAL) wherein the latter has produced more than 600 Chetak and Cheetah helicopters based on the Alouette 3 and Lama designs respectively. It was the first helicopter OEM to set up a local subsidiary in India in 2010. For the 3rd consecutive year, Airbus Helicopters, leads the civil and parapublic (C&P) market in India in terms of deliveries and bookings. Airbus Defence and Space, Europe's leading space company, has had a long term working relationship with the Indian Space Research Organization (ISRO) and its commercial arm, Antrix. Indian launcher PSLV launched the Airbus Group's Spot 6 Earth Observation Satellite in 2012 and will soon launch the SPOT 7 to complete the constellation. ISRO and Airbus Defence & Space (through former Astrium) have jointly designed and built two communication satellites: Eutelsat W2M in 2008 and HYLAS 1 (Highly Adaptable Satellite) in 2010. Airbus Group products have flown on many important missions of ISRO including the Mars Orbiter Mission and INRSS (Indian Regional Navigational Systems) besides other Earth Observation and Communication Satellites.
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In addition to being a strategic market, India is also an important engineering hub for the Airbus Group. The Group operates two engineering centres – one focused on civil and the other on defence activities – and a research centre in India. Situated in Bengaluru, the Airbus Defence and Space Engineering Centre is India's first defence oriented engineering centre owned by a foreign company. The Airbus Engineering Centre, also situated in Bengaluru specializes in high-tech aeronautical engineering and works closely with other Airbus Engineering Centres around the world, as well as with the Indian aviation industry. The R&D centre belonging to Airbus Group Innovations is co-located at the Airbus Engineering Centre premises. Indian engineers are working there in cutting-edge research areas such as aerothermics and cloud computing. In all, the Group employs around 2000 (including subcontractors) in engineering roles in India. Airbus Group also collaborates closely with top Indian universities and research institutes such as the Tata Institute of Fundamental Research (TIFR), the Indian Institutes of Technology (IITs) and the Indian Institutes of Management (IIMs). In October 2013, the Group signed a letter of intent with the Indo-French Centre for Promotion of Advanced Research (CEFIPRA) to fund aerospace related research projects in Indian universities and institutes. Sourcing is another area where the Airbus Group collaborates closely with Indian companies, both public and private. The value of Group's sourcing from India has increased 12 fold in the last 6 years. Airbus Group counts four European countries as 'home nations'. Cross-border cooperation is in its DNA. It is this approach of working together as partners for mutual benefit that underlines the Group's presence in India.
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Embassy of France in India with Invest in France Agency March 2014
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Embassy of France in India 2/50 E Shantipath, Chanakyapurri New Delhi 110 021
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