France and Karnataka: A lasting partnership

India Investment Journal September Edition, State Focus: Karnataka
by Jean-Marc Fenet
With its tremendous untapped potential, Karnataka is an appealing locus for French companies.

France and India have always been very close. The ties between our two countries have nevertheless been strengthened over the years: whether it be culture, defence, the economy, education, politics or science, our relationship has now grown into a full-scale partnership. While our bilateral trade in goods is expected to come near the $10 billion mark this year (€8.6 billion in 2016), it bears reminding that our trade in services has also thrived, with France’s exports and imports to and from India reaching about €1.4 billion and €1.8 billion, respectively.