Invest India and Business France have signed an MoU to promote investment facilitation and cooperation between startups of India and France.
It will facilitate direct foreign investment by providing practical investment information to enterprises and support the companies pursuing those opportunities.
This will also result in the cross-pollination of ideas, talent and technologies between the start-up ecosystems of India and France, create new opportunities, catalyse joint collaboration, and help innovative startups to be successful.
Invest India is the official Investment Promotion and Facilitation Agency of India and acts as the first point of reference for investors in India.
Invest India is set up as a non profit venture under the Department of Industrial Policy and Promotion, Ministry of Commerce and Industries, Government of India.
It is the first stop for potential global investors in the country.
Business France is an executive agency of the French government under the supervision of the Minister for Economic Affairs and Finance and the Minister of Foreign Affairs and International Development.
It promotes International Business Development for French companies and professionals through a worldwide network of Trade Commissions.