We are happy to introduce our monthly “Key Indo-French business news” – your quick roundup of the key developments shaping the Indo-French business ecosystem. From strategic partnerships to high-level visits, we bring you the essential news you shouldn’t have missed this August!
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On August 8, FORVIA Forecia inaugurated its new Just-in-Time plant in Andhra Pradesh to support Hyundai-Kia’s needs. (Source)
On August 11, Eden Renewables India commissioned the 300MW SECI VIII Solar PV Project in Rajasthan. (Source)
On August 11, the Indian Air Force sought to buy 114 new Rafale jets, benefitting Dassault Aviation. (Source)
On August 13, Saint-Gobain started expanding its Indian footprint with new facilities in Chennai, which includes its 7th float glass line and the largest Asia-Pacific’s mineral wool insulation facility. (Source)
On August 19, Parisian jewelry Maison Massika announced its debut boutique in New Delhi. (Source)
On August 26, Elior India took majority ownership in Platos. (Source)
On August 26, Alstom secured Mumbai Metro Line 4 contract. (Source)
On August 28, Airbus Helicopters chose Mahindra Aerostructures to manufacture its H125 main fuselage.(Source)
On August 30, SBI signed a €100 million line of credit with Agence Française de Développement to encourage green financing. (Source)
On August 31, India is likely to finalize two major submarine deals, involving the acquisition of 3 Scopene and 6 diesel-electric stealth submarines. (Source)
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