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♤ In 2016, the total trade in goods between India and France stood at Euro 8.58 billion, registering an increase of 0.49% from 2015.
♤ The trade surplus remains in India’s favour for the past ten years with Indian exports to France in 2016 standing at Euro 4.67 billion and French exports to India at Euro 3.90 billion. However, the overall volume of bilateral trade remains low with Indian exports to France being a meagre 1.06% of France’s total imports. Bilateral trade in services stood at Euro
3.41 billion in 2015 which remains in India’s favour with India’s share of Euro 1.72 billion of
exports.
♤ Almost 1000 French companies are present in India with a total turnover of US$ 20billion and employing 300,000 people in India. French companies have more than 25 R&D centres in India.
♤ France is the ninth largest foreign investor in India with cumulative investment of US$ 5.15 billion from April 2000 to May 2016 which represents 1.5% of the total FDI inflows in India.
♤ In France, about 120 Indian companies are present with an estimated investment stock of Euro one billion and employing 7000 people.