india's trade relations with france
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INDIA’S TRADE RELATIONS WITH FRANCE
SA’AD SHAIKHT.Y.BBM(IB)ROLL NO: 25
AKANKSHA MATHURT.Y.BBM(IB)ROLL NO: 26
FATEMA HARNESSWALAT.Y.BBM(IB)ROLL NO: 27
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 capita)
$1.367 trillion ($1,124 per 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 OCCUPATION
services (71.8%), industry (24.3%), agriculture (3.8%) (2009)
agriculture (52%), industry(14%), services (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 2010)
$237.1 billion (2010 est.)
FOREIGN EXHANGE RESERVES
$133.1 billion (31 December 2009 est.)
$300 billion (November 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!
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