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France to step up investments in Telangana State

2nd July, 2015 10:37am     Telangana      Comments  

France to step up investments in Telangana,Francois Richier,high-level French delegation’s visit hyderabad

France government and companies will extend their expertise to strengthen Telangana’s energy, industries, environment protection, water management and pollution control sectors, said French ambassador to India, Francois Richier. From providing aid in developing smart cities to cheap omega replica watches uk establishing cultural relations, the delegation is expected to collaborate with the State government on various levels, Mr Richier said.

The promise was made as part of a high-level French delegation’s visit to the city. The delegation was led by Paul Hermelin, special representative for economic relations, France. Speaking about France’s investment plans, the ambassador said that more than 1,000 French companies have put in a total investment stock of 19 billion US dollars in India in 2014. Companies including Alstorm transport, Dassault Systems, Egis, Jedecaux, Keolis, Lumiplan, Poma group and Ratp Transport were some among the Replica Rolex Yachtmaster French companies which were part of the delegation.

“We are expecting a yearly growth by $ 1 to 2 billion in the coming years. While trade between the countries is remaining stable at 8 billion USD, more investments in industries and research and development will flow in to India in the coming years with cheap omega replica watches consolidation and extension of existing investments and advent of new companies,” said the ambassador at a media briefing held here on Wednesday.

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