Paris [France], February 10 (ANI): Forward of Prime Minister Narendra Modi’s go to to France to co-chair the AI summit, Coumar Ananda, President of the Chambers of Commerce and Business France-India, claimed that commerce between India and France has remained beneath USD 20 billion, a rise from the sooner vary of USD 15-18 billion, with most transactions targeted on protection and aerospace industries.
Ananda mentioned, “The commerce between the 2 international locations has been beneath USD 20 billion, which used to earlier be within the vary of USD 15-18 billion, and was at all times seen for use on the defence, plane, the air drive, with principally the industries of defence and aeronautics seen to be concerned. “
He added, “I believe there may be bigger potential – I really feel there is a sure imbalance we see after we word Indian firms current in France. We have now lower than 100 Indian firms current in France and there may be rather more potential. Whereas, traditionally, French firms have been fairly current in India – greater than a thousand firms are current in India, with a few of them being right here for greater than the final 100 years, some greater than that as effectively. There are a whole lot of alternatives that Indian firms have a look at in France.”
“Right now, we’re in a scenario the place France has laid a purple carpet for Indian traders. We should always profit from that. It isn’t even restricted to sure industries – it is now throughout France. Not simply the Paris area, however extra on the bigger scale. For us, that is India second in France. There’s openness from France facet and there may be curiosity from Indian facet additionally to collaborate extra with France,” Ananda instruments ANI.
Prime Minister Narendra Modi is co-chairing the AI Summit with French President Emmanuel Macron and can handle the India-France CEOs discussion board throughout his go to to France scheduled from February 10 to February 12.
Overseas Secretary Vikram Misri in a press briefing on Friday, emphasised the expansion of Synthetic Intelligence and prioritised India’s expectation from the summit that AI purposes needs to be designed, developed, deployed and utilized in protected, humane , accountable and reliable method.
That is Prime Minister Modi’s sixth official go to to France. (ANI)
(The story has come from a syndicated feed and has not been edited by the Tribune Employees.)
