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France will partner India to build three 'smart' cities

Komal Amit Gera  |  Chandigarh 

France will partner India to build three 'smart' cities

will help develop Chandigarh, and as (French Development Agency) signed memoranda of understanding with the government of Union territory of Chandigarh, and government of Union territory of and the Maharashtra government here on Sunday in the presence of French President and Prime Minister

Chandigarh, designed by the French architect half a century ago as a model city, is spread across 114 sq km and the urban infrastructure and green belt of the city provide it a distinguished status among India's planned cities.

On January 26, Modi is set to announce the official list of 20 to be developed in the first phase.

A delegation of 26 CEOs from travelled to with Hollande and had discussions on CEO forums to explore partnerships in renewable energy, defence, information technology and aerospace.

Modi said French companies can exploit India's trained and affordable manpower to expand their manufacturing operations in the country. The French president committed annual investment to the tune of €1 billion to strengthen business relations with

An agreement between Airbus and Mahindra was also inked under Indo-French cooperation to manufacture helicopters within the Make in initiative.

French companies will also collaborate with public sector firm Engineering Projects India to provide integrated railways solutions. The railway stations of Ambala and Ludhiana will also be redeveloped with French partnership.

The French delegation evinced interest in the areas of renewable energy, infrastructure, transport, defence, and water treatment.

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First Published: Mon, January 25 2016. 00:22 IST