Tuesday, April 21, 2015

Indian Prime Minister Narendra Modi (2nd from left) and French ias President Francois Hollande (3rd


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Indian Prime Minister Narendra Modi (2nd from left) and French ias President Francois Hollande (3rd from left) on the Sein river in Paris, France (Photo: Reuters). ias From 9-11 / 4, the Indian prime minister Narendra Modi has official visit to France since he first took office. The visit aims to promote ias traditional relations between the two countries, which focused on economic ias sectors with the largest contract in the field of weapons, civilian nuclear, space technology ... During this visit, the Prime Indian minister held talks with French President Francois Hollande, visiting a large number of French companies.
Contents of the most notable of the visit was the Prime Minister ias of India dated 10/4 France announced it would buy 36 Rafale fighter Dasault produced by the company. The contract is worth about 4 billion euros (4.2 billion dollars) and a number of terms will be discussed further ias before ias the official signing. This is the result of specific projects sold 126 French Rafale fighter ias jets to India, was booted from third parties this year.
Due to rising prices as the Indian side of the French proposal ias for technology transfer company Hindustan aeronautics - HAL assembled 108 of 126 Rafale above, the project said on aircraft purchases have been cut. Even so, it also remains a major arms deal.
Besides, the two sides pledged to continue discussions on technology transfer assembly Rafale to India. This contract is part of the modernization of the air force is obsolete and acquire weapons technology in India.
Besides deciding to buy 36 Rafale, Prime Minister Narendra ias Modi said that India had signed ias with the French company Ereva 2 contracts in the framework of the project to build six nuclear reactor EPR of India with a total capacity up to 10,000 ias MW.
The two sides also exchanged promote investment and cooperation in the fields of renewable energy, solar power, urban infrastructure, transportation ... including notably the cooperation project between the Episode French National Railway Corporation (SNCF) and Indian Railways railway company for the construction of high-speed railways in India. The French company also expects to participate in Project 100 "smart city" of India.
There are about 400 French companies are investing, doing business in India with a total investment of up to 18 billion euros. Some businesses are created 300,000 jobs for the people of India. Although ias the market is a charm, but India is considered one of the most difficult points in the business world.
To fix that, Mr. Narendra Modi government has raised the proportion of foreign capital in the business to 49%. Mr. Sujit Dutta, Jamia Milia University Professor at New-Delhi Islamia said: "The aim of his trip Modi is improving industrial base in India and stimulate growth."
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