Invest India and Business France have signed an MoU to promote investment facilitation and cooperation between startups of India and France. The goal will be to facilitate direct foreign investment by providing practical investment information to enterprises and support the companies.
Invest India and Business France will collaborate to promote business and startup ecosystem cooperation through joint activities and exchange experiences to strengthen institutional knowledge and identify opportunities between businesses in the French and Indian private sector, creating a dedicated support structure to facilitate inbound companies and startups.
Source- Press Information Bureau (PIB)
Static/Current Takeaways Important for SBI PO/Clerk Exam 2018-
- Invest India is the official Investment Promotion and Facilitation Agency of the Government of India, mandated to facilitate investments in the country.
- Deepak Bagla is the MD and CEO Invest India.
- Business France is an executive agency of the French government under the supervision of the Minister for Economic Affairs and Finance and the Minister of Foreign Affairs and International Development.