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NITI Aayog invites French investments in India

IANS  |  New Delhi 

Aayog on Friday urged French investors to invest in not only to target one billion people but to build solutions here for the seven billion-strong global market.

He exhorted them to utilise their funds more effectively by investing in India, which has the advantage of demographic dividend, demand and democracy, a statement quoting him said.

Aayog, in association with Vision Foundation, is organising the Symposium to deepen the economic relationships between and

Following the visit of French Emmanuel Macron, 20 of the biggest French and private equity funds are coming to India to explore investment opportunities.

The Symposium is a three-day event where the French investors will be interacting with 100 early to mid-stage Indian start-ups.

Addressing the inaugural address of the symposium, Kant focussed on the Indian start-up ecosystem and also showcased India's entrepreneurial might and the strides taken in innovation for solving the challenges faced by the country.

The event was attended by French and Vice of Yves Jego, along with various investors from including Safran Ventures, Eren Group, Tech, Fahsion Capital, Educlever, Olymp Capital, Affectio Familiae, Brands and beyond, Galileo Partners, Winevestworld, TNP, and

Four - Eren Group, Claranova, and - made announcements to set up offices in India and committed to invest in various sectors such as energy, aerospace, blockchain and Internet of Things.

said this collaboration is not only a business participation of French capital in India but will prove to be a long-term partnership between the organisations of the two countries.

--IANS

vv/nir

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 18 2018. 20:56 IST
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