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 January!
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In early January, France hosted External Affairs Minister S. Jaishankar for high-level discussions, including the French Ambassadors’ Conference and bilateral talks on the India–France Strategic Partnership. (Source)
On January 6th, French bakery and cafe brand, PAUL, has debuted in Bengaluru with the opening of its first outlet at Orion Gateway Mall.(Source)
On January 13th, Alstom secured 5-year maintenance service agreement for WAG-12B electric locomotives through its joint venture with Indian Railways (MELPL).(Source)
On January 13th, ENGIE has been awarded its first hybrid project in India (TN), combining 200 MW of solar PV with 100 MW / 600 MWh of battery storage.(Source)
On January 15th, and with India-France finalising the Rafale fighter jet deal, it has emerged that 96 aircraft could be assembled at the Dassault Reliance Aerospace Limited (DRAL) facility in MIHAN SEZ, Nagpur. (Source)
On January 21st, French cosmetics giant L’Oréal said it will set up a beauty tech hub in the south Indian city of Hyderabad with an initial investment of over 35 billion rupees. (Source)
On January 21st, Legrand India opened its 30,000 square metres Nashik plant to scale data centre and power infra solutions.(Source)
On January 23rd, Schneider Electric India said it plans to invest Rs 623 crore to expand its manufacturing facilities at Gallipur and Shamshabad, Telangana.(Source)
On January 26th, Renault unveiled the all-new 2026 Duster SUV in India, featuring updated design, connected technology and enhanced safety and powertrain options. The new Duster is being manufactured in India at the Renault Group Chennai plant. (Source)
On January 27th, The EU-India FTA was to eliminate or reduce tariffs on around 96.6 % of European exports to India and cut duties on most Indian goods entering the EU, saving up to €4 billion annually in tariffs and expanding market access in key sectors.(Source)
On January 29th, Sayaji Industries has formed a 50:50 joint venture with Nigay SAS, France to establish a state-of-the-art caramel manufacturing facility in Ahmedabad.(Source)
On January 30th, Arabelle Solutions (EDF Group) held the opening ceremony for the expansion of the Low Pressure Outer Casing facility at its Sanand plant in Gujarat, reinforcing local manufacturing of critical nuclear turbine components. (Source)
On January 30th, Kothari Industrial Corp, which has introduced the French footwear brand Kickers in India in 2024 under a 30-year licence, is now in talks to acquire the brand’s intellectual property from its French owner. (Source)
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