India Can Look To $5 Bn French Investment In Insurance

Amitabh Kant, secretary in the Department of Industrial Policy and Promotion, said there was a new vibrancy and dynamism in India with the government determined to ease the process of doing business.

"For setting up business, we have shortened procedures and cut down on the number of days. Our objective is that over a period of time, we can link up all the state and central governments so that India becomes an easy place to do business," he said.

Modi is scheduled to be in France on April 9-12 and in Germany on April 12-14.

Currently, over 950 French companies are present in India and employ more than 300,000 skilled local staff.

France is also one of the top foreign investors in India, with the latter receiving about $4.4 billion in FDI on this count between April 2000 and November 2014.
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