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 October 4, Socomec announced a $10 million investment in a new manufacturing plant in India. (Source)
On October 7, Dassault Systèmes revealed its Pune R&D campus expansion. (Source)
On October 7, Atelier Expressions, an Indian luxury venture, acquired French porcelain manufacturer J.L. Coquet. (Source)
On October 8, Safran announced an expansion of its footprint in India, focusing on workforce and sourcing growth. (Source)
On October 11, Engie signed a 100 MW solar PPA with SECI in Rajasthan. (Source)
On October 13, OP Mobility, formerly known as Plastic Omnium, announced a $200-300 million investment to build a tech hub and five plants in India. (Source)
On October 15, Galeries Lafayette announced its entry into the Indian market. (Source)
On October 15, Air India was in talks to acquire up to 300 aircraft, including 100 wide-body jets. (Source)
On October 21, CMA CGM ordered six LNG-powered ships from Cochin Shipyard. (Source)
On October 23, Crédit Agricole CIB opened its GIFT City branch. (Source)
On October 27, Air Liquide acquired NovaAir, expanding its operations in India. (Source)
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