France exploring possibilities of investment in NE India

Image
Press Trust of India Agartala
Last Updated : Jan 20 2013 | 8:45 PM IST

France is exploring possibilities of investment in different sectors in North-East India, following the withdrawal of Restricted Area Permits (RAP), Consul General of French consulate in Kolkata Jean-Louis Rysto said today.

With the formulation of 'Look–East' policy and withdrawal of Restricted Area Permits (RAC) from different parts of North-East region, France has been exploring possibilities of investments in agriculture, tourism, hydel power, medicinal plants, mining and railways, Rysto said.

"I would have not come here unless there was any possibilities of investment," he told reporters here.

A three-member delegation, including 2nd counselor to French ambassador Sonia Barbry, yesterday visited the industrial centre at Bodhjungnagar near here and consulted with chairman of Tripura Industrial Development Corporation (TIDC) Pabitra Kar and industrialists of the state.

Today the delegation left for Pencharthal, a tribal inhabited area in North Tripura district about 185 km from here to see the celebration of the three-day long Bijhu festival of Chakma tribes.

"This would be an wonderful idea to be in the festival. I guess the foreign tourists from Europe, including France would get good deal of interests in live and vibrant cultural exposure here," Rysto said.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 14 2011 | 2:06 PM IST

Next Story