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France eager to invest in India
NEW DELHI, DEC. 7:
France still considers India as an attractive investment destination despite the Government's flip-flop on FDI in retail.
"I can understand (it is) not easy to change a system which has been working for some time. We are watching the debate. I am spending all my time convincing (French) companies to come here. Sometime it is more difficult for SME companies. It is necessary for French companies to be more active here," the leader of a visiting French Parliamentary delegation, Mr Nicolas Forissier, newspersons late on Monday.
The French Parliamentarian added that there were several companies like Carrefour which would like to develop "partnership and commerce" with India, a move which could lead to better prices.
The visit is an attempt to have contact at the highest level of power with Indian parliamentarians. During its visit the delegation will travel to Bangalore, Chennai and Puducherry.
Commenting on the defence and nuclear deals, the Parliamentarian said that France "agrees with and was full of admiration" for the fact that the selection process had been extremely serious and transparent. "This is something that we appreciate" Mr Forissier said.
Business Line : Industry & Economy News : France eager to invest in India