French firms to invest $10 billion in India: French minister

ANI News 2016-01-25

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New Delhi, Jan 25 (ANI): France Finance Minister Michel Sapin on Monday said that in the last five years French companies have invested more than $1 billion per year in India, which is now expected to increase to $10 billion in the next five years. Sapin said that France is the third biggest foreign investor in India and a major player in Prime Minister Narendra Modi's 'Make in India' programme. He added that India and France have similar views on investment, which will further help them to fight against financing terrorism.

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