New Delhi, Oct 14 (KNN) Ambassador of France, François Richier, showcased France as an ideal investment destination for Indian investors and invited captains of Indian industry to France as it offered access to markets of the Middle East and African countries. 
 
While addressing a discussion on ‘France: Your Preferred Destination’ organised jointly by FICCI and Embassy of France on Wednesday, Richier said that France has been a leading destination for foreign investments and was a hub for doing business in Africa. He added that French business had a strong presence in India and it was time Indian industry explored avenues of investment in his country.

Richier said that lack of Indian investment in France could be attributed to the communication gap.

The need is to highlight and depict the business and investment opportunities present in France to the Indian business community, he said.

On the opportunities in the tourism sector, Richier said that France is a leading destination for tourists and offered immense business and investment opportunities.

President, FICCI, Jyotsna Suri said that French companies have invested in India heavily and there was an opportunity to explore more areas for investments.

She added that FICCI would ensure that the communication gap which seems to hinder the business ties between India and France is bridged and the two nations are able to reach the next level of prosperity.

Director, Business France Invest, Dominique Frachon said that France offered to its foreign investors legal and tax security, highly qualified and productive workforce, lower set up and operating costs than in the US, Germany and Japan and an innovative economy.

He added that to make the country more competitive various reforms were under way such as in goods and services market and labour market. (KNN Bureau)