Search Result for : Rafale Deal

The Dollar Business Bureau Deepening the strategic ties between the two nations, India and France on Saturday signed 14 agreements in key areas of defence, nuclear energy, security, and protection of classified information besides resolving to deepen cooperation in the Indian Ocean region. The two countries also sealed business deals worth $16 billion.  The pacts were signed after extensive discussions between Prime Minister Narendra Modi and French President Emmanuel Macron, who is on a state-visit to India from 10 to 12 March, 2018.  The 14 pacts include technical cooperation in the field of Railways, environment, education, urban development, renewable energy, defence and intelligence sharing. In addition, the two leaders signed a joint vision for space cooperation that paves the way for the two nations to embark on ...

The Dollar Business Bureau Months after India and France inked the much-delayed multi-billion Rafale fighter jet deal, the two all-weather partners on Sunday underlined the need to further their bilateral cooperation in a wide gamut of sectors including defence and trade, while also discussing international terrorism which has victimised both the nations. French Minister for Foreign Affairs Jean-Marc Ayrault met Prime Minister Narendra Modi on the sidelines of the 14th edition of the Pravasi Bharatiya Divas, the Government’s outreach programme for overseas Indians to discuss the various aspects of India-France partnership.     Ayrault, who is on a three-day visit to India, said: “We spoke about defence because India needs to protect itself. Therefore, defence is an important area. I also shared with him ...

Deepak Kumar | The Dollar Business    With an aim to bolster economic cooperation with its long-term partner, the French government on Monday announced that it will invest over $10 billion over the next five years in the Indian market. “In the last five years, the French companies have invested more than $1 billion per year in India, and we estimate that they will continue to invest at least over $10 billion over the next five years,”  France’s Finance and Public Accounts Minster Michel Sapin said at the Indo-France interactive session in New Delhi. “The Majority of these investments are meant for the industrial sector, and this makes France a major player in the Indian Prime Minister Narendra Modi’s Make in India ...