ENA State 2025-06-17 17:33:58 <p><span style="font-size:14px"><strong>Mumbai, Jun 17 (KNN)</strong> The Indo-French Chamber of Commerce &amp; Industry (IFCCI) has signed a Memorandum of Understanding (MoU) with the Maharashtra Industrial Development Corporation (MIDC) to encourage French investments in the state. </span></p> <p><span style="font-size:14px">The agreement, signed on June 14, 2025, aims to create a conducive environment for French companies looking to expand or establish their presence in Maharashtra.</span></p> <p><span style="font-size:14px">This strategic partnership marks a significant step in strengthening Indo-French business relations. </span></p> <p><span style="font-size:14px">Under the MoU, both IFCCI and MIDC will collaborate to provide French companies with access to industrial infrastructure, policy support, and investment guidance in Maharashtra. </span></p> <p><span style="font-size:14px">The initiative is expected to boost economic ties, promote innovation, and create employment opportunities in key sectors such as manufacturing, mobility, defence, aerospace, and sustainable development.</span></p> <p><span style="font-size:14px">The MoU was signed in the presence of top government officials and French business leaders during the Maharashtra France Investment Conclave held in Mumbai. </span></p> <p><span style="font-size:14px">Over 150 delegates, including representatives from over 50 French companies, attended the conclave. </span></p> <p><span style="font-size:14px">The event highlighted Maharashtras potential as an investment destination, showcasing its robust infrastructure, skilled workforce, and investor-friendly policies.</span></p> <p><span style="font-size:14px">Maharashtra is already home to several French companies, and this partnership is expected to attract even more interest from French investors. </span></p> <p><span style="font-size:14px">The IFCCI, which has been working for over 45 years to promote bilateral trade between India and France, will play a key role in facilitating business connections and support services.</span></p> <p><span style="font-size:14px">This collaboration aligns with the broader vision of enhancing foreign direct investment (FDI) in India and promoting Maharashtra as a global investment hub. </span></p> <p><span style="font-size:14px">It also reflects the growing strategic and economic partnership between India and France.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42484 https://knnindia.co.in/news/newsdetails/state/ifcci-and-midc-sign-mou-to-boost-french-investments-in-maharashtra 2025-06-17 17:33:58 knnindia.co.in