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In 2017, there were 19 Indian foreign investment projects in France, up 73 per cent over last year when there were 11 such projects, according to the report -- The 2017 Annual Report: Foreign investment in France - The international development of the French economy.
"Among emerging economies, India recorded the biggest rise," the report noted.
European countries remained the leading sources of foreign investment in France. The largest increase in investment decisions was from the US (up 26 per cent), Switzerland (up 40 per cent), Canada (up 37 per cent), the Netherlands (up 47 per cent) and Sweden (up 76 per cent).
Infosys will open a centre for development and innovation in Marseille (Provence-Alpes-Cte d'Azur region), leading to 80 jobs and setting the standard for Marseille as a hub of expertise. There are also plans to open a training centre at some point, it added.
The report further noted that foreign companies invested primarily in production/manufacturing operations, with 343 investment decisions in 2017, creating 16,123 jobs.
"The growing numbers of investment decisions in France, and the jobs they generate, highlight the renewed confidence that decision-makers now have in a country on the move," said Christophe Lecourtier, CEO of Business France.
Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)