Summary:

Prime Minister Narendra Modi spoke at the 14th India-France CEO Forum in Paris, emphasizing that now is the ideal time to invest in India as it emerges as a key hub for diversification and risk mitigation. He highlighted the strong India-France economic partnership and acknowledged the AI Action Summit report. He also outlined India’s goal of achieving 100 GW of nuclear power by 2047, focusing on Small Modular Reactors (SMRs) and Advanced Modular Reactors (AMRs), which will create opportunities for the private sector.

Dr. S. Jaishankar, Union Minister for External Affairs, stressed the need to diversify global supply chains and mitigate economic risks. Addressing corporate leaders from India and France, he advocated for stronger business collaboration, particularly in defense and aerospace. He highlighted the India-Middle East-Europe Economic Corridor (IMEC) and Gatishakti, urging companies to embrace co-designing and co-production under the 'Make in India' initiative. He underscored the importance of trust, value-based partnerships, and accelerating trade and investment.

Source: IBEF 

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