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The Dollar Business Bureau  France has urged Indian investors to explore the market potential in the country and take advantage of its open market access to Africa and the Middle East. Terming his country as an attractive investment destination, François Richier, French Ambassador to India, said, “France was a leading destination for foreign investments and was a hub for doing business in Africa. France offered to its foreign investors legal and tax security, highly qualified and productive workforce, lower set up and operating costs than in the US, Germany and Japan and an innovative economy.” “To make the country more competitive, various reforms were under way such as in goods and services market and labour market,” Richier said. He cited communication gap ...

The Dollar Business Bureau A White Paper on French Companies Making in India, prepared by the French Embassy says that 10 to 30 new French establishments are being set up every year in India since 2003. These new companies are normally specialists in one line of business; sometimes they are very specific and thus help in the growth of the Indian market. They generally have to face difficulties during the initial phase of their business setup. The share of SMEs (Small and Micro Enterprises) in these new establishments is more and more significant as they covered 50% of the new establishments in 2013.  There is an ever increasing growing presence of French independent entrepreneurs in India. The group’s size ...