France invites Indian investment

Last Updated: Thu, Oct 21, 2010 15:20 hrs

Mumbai, Oct 21 (IANS) France seeks more Indian investment, a senior French diplomat said Thursday.

Speaking at a seminar on 'Investment Opportunities in France', Consul General Francois Pujolas said: 'When France sees India, we do not see business, we see a partner. It is a partnership that is global and balanced.'

Organised by Confederation of Indian Industries, the seminar highlighted the employment imbalance between the two countries.

'While there are 700 French companies in India employing 180,000 employees, there are only 100 Indian companies in France with 6,000 employees,' said Guillaume Page of Invest in France Agency.

He said the purpose of the seminar was to display the benefits of doing business in France.

'As a destination for doing business, France, despite its strong economic standing in the world, has largely been left unexplored by Indian businessmen,' said Kishore Kumar N.S. of HDFC Bank Ltd.

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