Paris [France]: Prime Minister Narendra Modi has encouraged French businesses to seize the vast investment opportunities in India, particularly in technology, innovation, and sustainable development.
Addressing the 14th India-France CEOs Forum in Paris, PM Modi emphasized India’s ongoing economic reforms, which are designed to boost investments and enhance ease of doing business.
Key Economic Reforms Highlighted by PM Modi
✅ 100% FDI in the Insurance Sector
✅ Private Participation in Civil Nuclear Energy (SMR and AMR technologies)
✅ Rationalization of Customs Duties to facilitate trade
✅ Introduction of a Simplified Income Tax Code for ease of living
✅ “India Trade Net” to enhance international trade through digital public infrastructure
PM Modi reiterated India’s commitment to economic reforms, mentioning the establishment of a high-level committee on regulatory reforms aimed at fostering a trust-based economic environment.
India’s Business-Friendly Approach
📌 40,000+ compliance regulations streamlined in recent years
📌 120 new airports planned, boosting opportunities in aviation and infrastructure
📌 National Manufacturing Mission set up to drive industrial growth
PM Modi’s Call to French Enterprises
“This is the right time to come to India. Everyone’s progress is linked to India’s progress,” PM Modi said, citing India’s aviation boom as an example, where Indian companies have placed large orders for aircraft, signaling future growth potential.
“I welcome you all to join India’s development journey,” the Prime Minister added.
PM Modi was joined by French President Emmanuel Macron at the forum, marking their sixth meeting in two years.
Following his France visit (Feb 10-12), PM Modi will travel to the United States (Feb 12-13) to meet US President Donald Trump and senior US officials.