India-France sign 17 agreements
The agreements are apart from from a breakthrough on the deal for Rafale fighter jets that had been dragging feet for years,
Reports said an MoU was signed between Larsen and Tubro and France's AREVA aimed at cost reduction by increasing localisation, to improve the financial viability of the Jaitapur project.
The agreement will also enable transfer of technology and the development of an indigenous nuclear energy industry in India.
The space agencies of two countries also agreed to cooperate in the areas of satellite remote sensing, satellite communications and satellite meteorology.
Other agreements signed were in the fields of energy, culture, tourism, conservation, Ayurveda, skill development and science and technology.
President Hollande also said France will invest 2 billion Euros in India and help develop three smart cities, including Puducherry and Nagpur.
Earlier, Modi used his 'Make in India' initiative to invite top French businessmen to invest in the country, particularly in the areas of defence and infrastructure.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
