INDIA’S TRADE RELATIONS WITH FRANCE

SA’AD SHAIKH AKANKSHA MATHUR FATEMA HARNESSWALA

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ECONOMIC HISTORY OF FRANCE

 The Napoleonic Era (1795 – 1815)

 Industrialization (1815 – 1870)
 Total War (1870 – 1945)
 Post-War (1945 – 2000)
– The reconstruction and the Welfare State
– Monnet Plan
– Les Trente Glorieuses
– The economic crisis
 Current Scenario (2000 – 2011)
COMPARISION OF FRENCH AND
INDIAN ECONOMY
FRANCE INDIA
POPULATION 65,447,374 1,190,340,000
GDP (NOMINAL) $2.784 trillion ($46,037 per $1.367 trillion ($1,124 per
capita) capita)
MILITARY EXPENDITURES $68.5 billion (FY 2008-09) $32.7 billion (FY 2009-10)
GDP GROWTH RATE 1.9% (09/10) 8.9% (2010, Q2)
INFLATION 1.5% (2010 est.) 8.43% (December 2010)
POPULATION (BPL) 4.2% (2004) 37% (2010)
UNEMPLOYMENT 9.7% (December 2010) 9.4% (2009–10)
LABOUR FORCE BY services (71.8%), industry agriculture (52%),
OCCUPATION (24.3%), agriculture (3.8%) industry(14%), services
(2009) (34%) (2009 est.)
EXPORTS $508.7 billion (2010 est.) $210 billion (2010 est.)

IMPORTS $577.7 billion (2010 est.) $327 billion (2010 est.)

GROSS EXTERNAL DEBT $4.698 trillion (30 June $237.1 billion (2010 est.)
2010)
FOREIGN EXHANGE $133.1 billion (31 December $300 billion (November
RESERVES 2009 est.) 2010 est.)
Trade Relations Between India and
France (Timeline)
YEAR EVENT

1947 Establishment of diplomatic trade relations after Indian independence

1954 Negotiation of peaceful transfer of Pondicherry and other French enclaves
1998 French President Jacques Chirac’s high-profile visit to India expressing desire to
build an “ambitious relationship”
1998 France, Russia and Israel – only countries not to condemn India’s decision to go
Nuclear
2003 France largest supplier of Nuclear fuel and technology, also large military and
economic trade partner. Very strong support from France for India in its bid for
permanent seat in the UN Security Council
2008 First country to sign nuclear cooperation deal with India
2011 France is the seventh-biggest foreign investor in India (total of approximately
USD 750 million). More than 300 French companies established in India,
employment of over 40,000 people.
2012 Both states aim to increase bilateral trade from 6.5 billion euros to 12 billion
euros
Trade Relations Between India and
France (Share)

 The Federation of Indian Chambers and Commerce (FICCI)

and UBIFRANCE - the agency for international business
development, under the Ministry of Economy, Finance and
Industry, France, are the prime facilitators of trade and
business between each other
 FICCI and UBIFRANCE represent the trade and business
community of their respective countries
 France holds approximately 1.7% of market share in India,
making it India’s 15th supplier and 11th customer
 After exceeding the one billion euro mark in 2001, French
exports increased sharply in 2004 (+29%) and in 2005
(+42%), for a total of nearly €3 billion in 2007
 France is the seventh-biggest foreign investor in India (total
of approximately USD 750 million)
Trade Relations Between India and
France (FDI)
 Major sectors attracting FDI from France to India are:
– Agro- industries
– Power
– Environment
– Drugs and pharmaceuticals
– Auto parts
– Hydrocarbons
– Telecommunications
– Infrastructure
– Information technology
 The major French companies involved in the flow of FDI from France to India are Thomson
Multimedia, ALCATEL, France Telecom, ALSTOM and GTME
 France Telecom has entered into partnership with Sema Group and BPL
 Alcatel has made investments in the telecommunications sector in Chennai, Gurgoan, and
Bangalore
 FDI from France to India has also come in the infrastructure sector which has gone mainly in
the development of railways and roads
 The other French companies that are active in the infrastructure sector of India are ALSTOM,
CORYS TESS, and ALCATEL
 The major French brands that have entered the Indian consumer sector are Gotier, Baccarat,
Louis Vuitton, ST Dupont, Christian Dior, Ninna Ricci, Lalique, and Daum
Trade Relations Between India and
France
 Indian Exports to France

 India France Defense Cooperation

 Indian Merchandise Exports to France

 Indo French Chamber of Commerce and Industry

 Indian Agro Exports to France

 Indian IT Exports to France

 India France Tourism

 Higher Education in France for Indian Students

THANK YOU!