Tamil Nadu Global Investors Meet 2019
H.E. Mr Alexandre Ziegler, Ambassador of France to India, leads a 160-member French delegation at the Tamil Nadu Global Investors Meet 2019.
Chennai, 23 - 24 January 2019
On the occasion of the Tamil Nadu Global Investors Meet 2019 (23rd - 24th January 2019), the Ambassador of France to India, H.E. Mr Alexandre Ziegler, led over 160 French delegates and 25 companies. France was one of the six partner countries at GIM 2019.
The French Pavilion was one of the main attractions of the event with more than 25 companies and institutions. Major French corporates and SMEs presented their latest ventures in the automotive, banking, hospitality, food, logistics, electronics, IT, transport and renewable energy sectors. The French Pavilion also hosted eight public institutions with projects in the academic, business, social development and cultural sectors.
|Companies||Agencies / Institutions|
|A2Mac1||Agence Française de Développement (AFD)|
|Accor Hotels||Alliance Française de Madras|
|Air Liquide Healthcare||Bureau de France|
|Arkema Peroxydes||Business France|
|BNP Paribas||Indo French Chamber of Commerce and Industry (IFCCI)|
|Boccard||Institut Français en Inde (IFI)|
|Bolloré Logistics||Lycée Français International de Pondichéry|
|Loyola Icam College of Engineering and Technology (Licet)|
The Ambassador of France to India was one of the special guests at the inaugural session of GIM 2019 on 23rd January. On the same day, he also inaugurated the French Pavilion at 1.00 pm and delivered the opening address of the French seminar from 4.00 to 5.30 pm. This seminar with speakers from major French subsidiaries was divided in three panels: the attractiveness of France for Indian investors, Innovation, and Human Resource and Multicultural Management.
Speaking on this occasion, Ambassador of France to India, Mr Alexandre Ziegler, said: “Since many years now, over 170 French companies have chosen to invest in Tamil Nadu, especially attracted by the very qualified human resource of the state. These investments are long-term investments, and they combine innovation and social responsibility. They are also being renewed – as we see with Saint Gobain and Michelin – and diversified –from the automotive sector which continues to be very active (JV PSA CK Birla), top notch industrial services (JV GSE AVIGNA), the food processing industry (Lactalis) to renewable energy. Generally speaking, French investments in India are very significant: today, about 600 Indian subsidiaries of French companies generate more than 350,000 jobs.”
France is one of the major investors in India and Tamil Nadu. With over 600 companies like Capgemini, Michelin, Schneider, Accor or Renault, to name just a few, French companies employ +350.000 people in India, including +200.000 people in the IT industry. France is the 2nd biggest European investor in India and is in the Top 7 globally.
With over 170 subsidiaries, Tamil Nadu is one of the main destinations of French investments in India. Historically, TN was a place of choice for French investment in the textile and automotive industries. More recently, the state has attracted investments from France in a variety of sectors, including logistics, transports, pharmaceutical and healthcare, IT, banking, aeronautics or food and renewable energy.
A few testimonies by French companies which are very much involved in Tamil Nadu.
“Accor Hotels in India operates a network of ten distinctive brands spread across 51 properties in 23 key destinations in India and Sri Lanka. In India, AccorHotels is uniquely placed as the only international hotel group with brands that span across from the luxury to the in-demand economy segment. As growth continues to fuel in Tamil Nadu, AccorHotels, as one of the largest room inventory holders in Tamil Nadu, is keen to continue its commitment to the State. We look forward to supporting the State Government’s vision for Tamil Nadu by developing more hotels across our portfolio of brands.”
Jean- Michel Casse – Chief Operating Officer for India and South Asia for Accor Hotels
Bolloré Logistics, one of the global top 10 in international transport and logistics, provides complex supply chain management solutions and international shipment services through its strong network of 20+ offices across India. Bolloré Logistics India delivers custom fit solutions with high added value that draw on an in-depth experience and understanding of different industries. Bolloré Port division has been recently awarded a 30 years concession for conversion of the eighth berth of V.O.Chidambaranar Port Trust (“VOCPT”) into a container terminal on Build, Operator and Transfer (BOT) basis in Tuticorin (state of Tamil Nadu).
“Tamil Nadu Government and GSE AVIGNA will sign on Thursday the 24th of January an MOU in which GSE AVIGNA is proposing to establish a Food Park in Tamil Nadu state.
Such food park will include wholesale market, Farmers areas, warehousing and processing units and will welcome fruits, vegetables, seafood, dairy & meat from the entire state.
This Food Park total investment is estimated at 20 billion Rupees (Two Thousand Crores) and shall provide significant direct and indirect employment for Tamil Nadu area.
Government of Tamil Nadu will provide facilitation and support to GSE AVIGNA in different forms throughout the project development.”
Christophe MALERGUE, CEO GSE-Avigna