Production Linked Incentives Schemes in India

India and France have solidified a fruitful relationship over a significant period.

Our shared heritage has led to a strong strategic partnership with an impetus to strong economic ties between India and the French Republic. The strategic partnership stands on the pillars of defence cooperation, space cooperation and civil nuclear cooperation. In addition, the two countries are successfully cooperating in the areas of smart cities, railways, tourism, food processing and renewable energy.

    • India and France have a regular exchange of visits at the highest level. Prime Minister of India, Mr Narendra Modi, visited France in August 2019 at the invitation of the President of the French Republic, Mr Emmanuel Macron, for a Bilateral Summit in Paris and to participate in the G7 Summit in Biarritz under the French presidency of the G7. The French President’s visit to India in 2018 included signing of many agreements between the countries to deepen the partnership.

    • France and India work closely together on tackling climate change and furthering space exploration. In 2019, they have welcomed the decision to train medical support personnel for Indian astronauts, who will be part of India’s manned space mission by 2022. The training will be carried out in France and in India. Together, we have also launched a Space Climate Observatory that further enhances Indo-French cooperation on combating climate change.

    • India France held Strategic Dialogue 2021 - The Indian delegation was headed by National Security Advisor Ajit Doval while Emmanuel Bonne, diplomatic advisor to President Emmanuel Macron, led the French side. The two sides held discussions on a variety of issues including counter-terrorism, cybersecurity, defence cooperation, maritime security, regional and global issues and cooperation in the Indo-Pacific region.

    • India and France declared 2021 as the Indo-French Year of the Environment. It is based on the themes of environmental protection, climate change, biodiversity conservation, sustainable urban development, and the development of renewable energies and energy efficiency. 

    • COVID-19 Cooperation: India supplied France with nearly 2 mn hydroxychloroquine tablets and 36 MT of paracetamol (API) after having lifted export restrictions on these lifesaving drugs. France expressed its gratitude by sending 120 ventilators, 50 thousand serological tests, and 50 thousand nose/throat swabs as aid. France also announced a 200 million euro loan to India to help the vulnerable sections most severely affected by the pandemic. Over 2500 Indians had been repatriated from France and a similar number of French citizens were repatriated from India to their home countries through special flights.

    • France is the 11th largest investor in India, with cumulative FDI inflows of $9.86 bn during April 2000 - June 2021. The sectors attracting the most FDI from France are cement and gypsum products, drugs and pharmaceuticals, industrial machinery, and automobiles.

    • Bilateral trade between the two countries has been growing steadily and reached $7.86 bn in April 2020 - February 2021.

    • India is proud to host 25 French R&D centres in the country. With around 15 joint French-Indian research laboratories and almost 500 collaborative projects, France is India’s 5th largest scientific partner.

    • There are more than 1,000 French companies in India, that have a total turnover of $20 bn and employ 300,000 people. This is a testament to the strength of the Indo - French association.

    • France is partnering with India to develop Chandigarh, Puducherry and Nagpur as smart cities. It has already committed over $2.2 bn for India’s ‘Smart Cities’ project.

    • In 2019, France and India agreed to significantly enhance people-to-people contacts and cultural exchanges. The countries have agreed on regular dialogue on consular matters, which will facilitate exchange and mobility.

    • India and France organise reciprocal festivals that aim to promote the countries’ cultures. India organised the Namaste France Festival in 2016, which brought to French audiences various manifestations of Indian culture and art. The French side presented the French cultural festival, Bonjour India from November 2017 to February 2018 in India.

    • In 2018, close to 7,500 Indian students chose France as the destination to pursue higher education. The Indian Government has offered French Nationals 5 scholarships to study Sanskrit in India.

    • France hosts more than 700,000 Indian tourists every year, making it the most popular European tourist destination for Indians. Over 250,000 tourists from France visited India in 2018.

Prominent Investments

France in India


ENGIE is a French multinational electric utility company with a business presence in 70 countries. It employs more than 150,000 people. ENGIE is one ...Read more


Groupe PSA is Europe’s 2nd largest vehicle manufacturer, employing over 200,000 people worldwide as of 2018. As a part of its ‘Push to Pass’ strategy ...Read more


Roquette is a global leader in plant-based ingredients and a pioneer of new vegetal proteins. It operates across 20 industrial sites, and has been ...Read more


Established in 1899, Groupe Renault is a French multinational automobile manufacturer that produces a wide range of cars and vans. In September 2008 ...Read more

Schneider Electric

Schneider Electric is the leading provider of electrical components and equipment. In India, the company operates through 28 factories, 48 sales ...Read more

India in France

Mahindra & Mahindra Ltd.

Mahindra & Mahindra is an Indian diversified conglomerate of companies, with revenue exceeding $ 17.9 bn and employing about 500 employees in ...Read more

Tata Group

Tata Group is an Indian multinational conglomerate holding, that has been present in Europe since 1907. It employs over 1,500 people in France. Tata ...Read more

Sintex Industries

Sintex Industries is the world’s largest producer of plastic water tanks, as well as Asia’s largest manufacturer of corduroy. They have a presence ...Read more

Motherson Sumi Systems

Motherson Sumi Systems is a leading automotive mirror and wiring harness manufacturer for passenger cars. It also supplies plastic components and ...Read more
  • Automobile


    • 4th 

      largest car manufacturer

    • 4th

      largest vehicle market

    • $118 bn

      Current value of Indian Automobile Industry

      • Largest two-wheeler and three-wheeler manufacturer
      • 2nd largest bus manufacturer 
      • 3rd largest heavy trucks manufacturer  
      • Employs 35 mn people both directly and indirectly
    Visit Sector 3Investible Projects
  • Pharmaceuticals


    • 3rd

      Largest market in terms of volume

    • 13th

      Largest market in terms of value

    • 2nd

      Highest USFDA approved manufacturing plants outside the US

      • Exports 20% of global generic medicines, making it the largest provider globally
      • Over 55 % pharmaceuticals exports are to highly regulated markets
      • Leader in global supply of DPT, BCG and Measles Vaccine
    Visit Sector 8Investible Projects
  • Chemicals


    • 3rd

      largest consumer of polymers in the world

    • $300 bn

      Value of Indian chemical industry by 2025

    • 6th

      largest producer of chemicals in the world

      • 3rd largest consumer of polymers in the world
      • 4th largest producer of agrochemicals in the world
      • Supplies 16% of the global dyestuff and dye intermediates
      • The agrochemicals market in India is expected to reach $3.7 bn by 2022 and $4.7 bn by 2025
      • The petrochemical demand is expected to grow at 7.5% CAGR from 2019-23
    Visit Sector 30Investible Projects
  • Aerospace & Defence

    Aerospace & Defence

    • 2nd

      Largest armed force in the world

    • 5th

      Largest defence budget in the world

    • 6%

      Budget allocated to R&D

      • Contributes 3.3% to global military expenditure
      • Exports worth $ 668 mn to 18 countries in 2017
      • 60% of requirements met through imports 
    Visit Sector 5Investible Projects
  • Food Processing

    Food Processing

    • 2nd

      largest producer of food grains, fruits, and vegetables

    • #1 

      producer of Milk

    • $535 bn

      Expected value of Indian food and retail market by 2025-26

      • Largest producer, consumer, and exporter of spices and cashew nuts
      • Largest producer of pulses
      • 353 Cold Chain projects, 63 Agro-Processing Clusters, 292 Food Processing Units, and 6 Operation Green projects have been approved
      • Pradhan Mantri Kisan SAMPADA Yojana, a government scheme, was formulated for creating a modern infrastructure with efficient supply chain management from farm gate to retail outlet
      • 41 upcoming Mega Food Parks under Mega Food Park Scheme
    Visit Sector 51Investible Projects
  • Renewable Energy

    Renewable Energy

    • 70+ GW

      installed capacity of renewable energy 

    • 4th

      highest installed wind capacity 

      • 5th largest in renewable energy capacity globally
      • 5th largest for installed solar capacity
      • Largest renewable energy capacity expansion programme in the world
      • 100% FDI is allowed in all renewable sources of power
    Visit Sector 485Investible Projects
  • Retail & E-commerce

    Retail & E-commerce

    • 1st

      Rank in Global Retail Development Index (GRDI) in 2017

    • 3rd

      Largest consumer economy by 2025

    • 5th

      Largest preferred retail destination globally

      • Asia’s 3rd largest retail market and 4th largest globally
      • Consumption expenditure to reach $ 6 tn by 2030
      • E - commerce market expected to reach $ 200 bn by 2027
    Visit Sector 1Investible Projects
  • Tourism & Hospitality

    Tourism & Hospitality

    • 3rd

      Ranking in 2018 World Travel and Tourism Council (WTTC) Power and Performance Report 

    • 5th

      Rank on Medical Tourism Index

    • 2nd

      largest exporter of Ayurvedic and alternative medicine in the world

      • Travel and tourism industry contributed 9.4% to India's GDP generating $ 234 bn in 2017
      • Medical tourism market to reach $ 9 bn by 2020
      • Ranked 40th in Travel and Tourism Competitiveness Index (TTCI) in 2017 as compared to 52nd position in 2015
    Visit Sector 281Investible Projects

Investible Projects

Explore Opportunities




    $ 125.56 bn





    Private Projects


    Govt. Projects


Recent Investments

NTPC in pact with Electricite de France S.A

NTPC in pact with Electricite de France S.A. for cooperation in International Power sector

In a significant development for the global power sector, Électricité de France S.A. (EDF), one of the world’s leading power sector companies headquartered in Paris, France, and NTPC Ltd, India’s largest energy integrated company signed a Memorandum of Understanding (MoU) to explore potential power project development opportunities in the Middle East, Asia, Europe, and Africa. 

CCI approves Total Renewables’ stake buy in Adani Green Energy

CCI approves Total Renewables’ stake buy in Adani Green Energy

Total Renewables SAS, a wholly-owned subsidiary of international energy major Total SE has acquired share capital of Adani Green Energy Ltd (AGEL)

Alstom India manufactured coaches to be used in Sydney Metro

Alstom India, subsidiary of French Alstom SA, under the Make in India initiative has assembled 22 train coaches to be used in Sydney Metro Line.

Citroen to make India debut next year

French auto major Citroen is planning its debut in India next year by opening stores in 10 cities. These stores will be equipped with technologies allowing the users to experience the accessories before buying the car.

Saint Gobain announces investments at its Chennai Plant

The French glassmaker announced investment of over $ 168 mn in their plant in Chennai to build new manufacturing lines of third-glass float, magnetron floater, glass solutions and a rainwater harvesting facility.

France Team

The France Team at Invest India aims to facilitate and assist French companies in their India entry and expansion plans. Working closely with various stakeholders including states and regulatory authorities, we bring to you a seamless experience in kick-starting your business in India.

Key Functions:

  • End-to-end spectrum of investment promotion – research, outreach, promotion, facilitation and aftercare
  • Initiating, attracting, facilitating, fast-tracking and handholding French investments across sectors
  • Providing information on investment opportunities across sectors, in specific projects and in industrial corridors in particular
  • Extending holistic support to the small and medium enterprises from France with India interest

Team Advantages

  • Opportunity assessment

  • Policy and incentive advisory

  • Location assessment

  • Market entry strategy

  • JV and strategic partner research

  • Approvals and compliance advisory

  • Issue redressal support

  • Expansion advisory

  • Policy impact analysis

About Us

Invest India

The one stop-shop to ensure your success in India

Our Prestigious Awards

We are the most awarded IPA in the world

  • The World's Most Innovative Investment Promotion Agency Award 2021 awarded by OCO Global

  • United Nations Conference on Trade and Development (UNCTAD) Investment Promotion Award 2020 for best practices in COVID response

  • Best Investment Project Award five years in a row - 2016 to 2020 at the Annual Investment Meeting (AIM) organized by the Ministry of Economy, UAE.

  • Great Place to Work Certification by GPTW Survey 2019

  • The UNCTAD Award 2018 for promoting investment in sustainable development

  • Great Place to Work Certification by GPTW Survey 2018

  • Investment Award 2016 from the Indian Ocean Rim Association (IORA)

  • United Nations Conference on Trade and Development (UNCTAD) Investment Promotion Award 2016 for excellence in partnering for investment promotion