Paris/New Delhi: Commerce and Industry Minister Piyush Goyal on Monday met some most sensible international CEOs in Paris to discover their long term funding plans for the India marketplace in promising sectors like electrical automobile and renewable power (RE).
The minister is on an respectable go back and forth to France with the purpose of boosting business and investments and also will attend a ministerial assembly of the World Trade Organisation (WTO) on Tuesday.
“Held a meeting with Luca de Meo, CEO of Renault Group. Exchanged views on India’s growing potential as an automobile manufacturing hub, along with emerging opportunities in the EV sector,” Goyal posted on X social media platform.
He additionally met Bernard Fontana, Chairman and CEO of state-owned power supplier EDF, and mentioned India’s rising management within the renewable power sector and “ways to further integrate sustainable energy solutions into our development roadmap”.
Earlier, the Union Minister met Patrick Pouyanne, Chairman and CEO of TotalEnergies, an international built-in power corporate.
“Discussed the company’s investment plans for India and avenues for deeper collaboration in the renewable energy sector,” mentioned Goyal.
Commerce Minister has additionally indicated that India is more likely to signal a unfastened business settlement (FTA) with Oman quickly, because the talks between the 2 international locations are making headway. The talks for the unfastened business pact with Oman began in November 2023, and Goyal visited the Gulf nation from January 27 to January 28. Piyush Goyal commences respectable consult with to France, Italy to spice up financial ties
During his three-day engagements in France, Union Minister Goyal is scheduled to carry bilateral conferences, together with with Eric Lombard, Minister of Economy, and Laurent Saint-Martin, French Trade Minister, in step with the Commerce Ministry. The discussions will center of attention on strengthening the Indo-French financial partnership and exploring new avenues for boosting business and funding cooperation.
The minister will meet most sensible management of main French corporations equivalent to Vicat, Total Energies, L’Oreal, Renault, Valeo, EDF and ATR.
Following his engagements in France, the Union Minister will continue to Italy for the following leg of his respectable consult with.