RNS: Prime Minister Narendra Modi arrived in Paris tonight as part of his efforts to enhance India-France economic and trade ties. Tomorrow, he will co-chair the AI Action Summit, with a focus on advancing cooperation in artificial intelligence and digital technologies. The visit aims to strengthen strategic partnerships, building on the growing bilateral trade, which has already exceeded 13 billion US dollars, alongside increasing investments in key sectors like defence, infrastructure, and technology.
India and France share a dynamic economic relationship, with trade, investment, and industrial collaborations playing a vital role. Over 700 French companies are operating in India, contributing to job creation and economic growth, while Indian companies are also expanding their presence in France, particularly in IT and manufacturing sectors. The rising importance of artificial intelligence and digital technology is opening up new avenues for collaboration between the two nations.
Chambers of Commerce and Industry France-India President, Coumar Ananda, highlighted that the economic relationship is diversifying, moving beyond traditional sectors and exploring new frontiers of growth.
As India and France continue to build on their strong economic foundation, this visit represents a significant milestone in deepening trade ties and fostering global collaboration in emerging technologies.
