During her 7 days official go to to India, the President of the Paris Region, ex-Minister Mrs. Valérie Pécresse, has signed a cooperation settlement with the Hon’ble Chief Minister of the State of Karnataka, Mr. Siddaramaiah, masking key areas equivalent to Artificial Intelligence, new applied sciences, environmental safety and the industries of tomorrow.

This declaration of intent with the State of Karnataka in India will allow the Paris Region to forge new partnerships between financial gamers within the industrial and new expertise sectors on forward-looking tasks (digital, synthetic intelligence, environmental safety, industries of the long run, refurbishment of historic buildings, and so on.). The settlement additionally offers for nearer cooperation on the industries of tomorrow, equivalent to biotechnology and inexperienced hydrogen. With greater than 5,300 biotech start-ups and 760 biotech corporations available on the market in India and a serious renewable vitality group investing $6.7 billion in a inexperienced hydrogen mission in Karnataka in 2022, this settlement will allow the Paris Region to acculturate and encourage the event of those industries in Parisian territory the place a number of huge gamers from Indian tech teams have already invested.

Signing of MoU settlement between the Paris Region, IIIT-B (Bangalore International Institute of Information Technology), Aivancity Ecole Technologique Business & Société Paris-Cachan (94) and Choose Paris Region The signing of this declaration of intent additionally features a cooperation settlement between the Paris Region, the IIITB (Bangalore International Institute of Information Technology), Aivancity Ecole Technologique Business & Société Paris-Cachan (94) and Choose Paris Region. The Île-de-France Paris Region has known as for this partnership to assist deploy digital options and AI to boost the expertise of international vacationers, significantly within the run-up to the Paris 2024 Olympic and Paralympic Games. The partnership between these two colleges of excellence goals to develop the AI sector within the Paris area by means of the creation of an ‘AI and Ethics’ course and the institution of a reciprocal annual scholar alternate programme between IIIT-B and Aivancity Ecole Technologique Business & Société.These two agreements had been signed as a part of a go to to India by the President of the Île-de-France Region to advertise the area’s financial material and centres of analysis excellence.

During her keep in Bangalore, President Valérie Pécresse, visited NASSCOM middle of excellence and met a number of Indian start-ups and unicorns of Bangalore equivalent to Addverb, Ather Energy, Captain Fresh already lively in France for a few of them and suggest to determine a powerful hyperlink between this middle and a Parisian start-ups incubator, inside Paris or in Paris-Saclay, the French Silicon Valley. She additionally talked about her intention to have a Paris Region delegation and sales space at Bengaluru Tech Summit in November 2024. She visited Bengaluru Bio Innovation Center.

The Paris area delegation was accompanied by representatives from Paris Region’s main enterprise colleges (HEC, AiVancity and ESSEC) and 6 cutting-edge French startups within the fields of scientific instrumentation, fibre optics, calibration options, computing, quartz machining, electrical charging options and spatial options. All the French corporations of the delegation (METAVISIO-Thomson Computers, EASY METRICS, FOSINA, SODIMATE, WATTPARK and Sirius Space Services) have benefited from a B2B program from Business France group in India to develop their companies on the Indian market.

As a concrete results of the go to, Metavisio (Thomson computing), launched final November on the Indian market with a neighborhood industrial associate, was proud to announce this week a big take care of Flipkart, with a primary dedication of 74 000 items. Thomson positioning itself now as a brand new and powerful model for e-commerce in India with computing merchandise Make in India. Other corporations of the delegation are contemplating opening subsidiaries as effectively in India very quickly.

During her journey, Mrs. Pécresse met a number of Indian ministers, together with Piyush Goyal, Minister of Commerce and Industry, and Rajkumar Ranjan Singh, Minister of State for Education, in addition to the French Ambassador to India, His Excellency Mr. Thierry Mathou.

The go to supplied a chance to fulfill quite a few key gamers within the Indian enterprise world, together with Mr. Chandrasekaran, Chairman of TATA SONS, Ms. Kiran Mazumdar-Shaw, the Chairperson of BIOCON, a flagship biotechnology firm, Mr. Srinivasan, the Chairman of Reliance Foundation Youth Sports, DLF and RMZ teams, and a number of other high banking teams of India, with a view to advertise Paris as the first monetary centre of Europe following Brexit. The go to additionally helped forge hyperlinks with the world of tradition, tourism, weddings and cinema, together with a gathering with Rishabh Chopra, Director of Yash Raj Films Studios in Mumbai, to advertise the Paris Region as a vacation spot.

The journey had quite a few goals: to help exports and improve the attractiveness of the Paris Region as a enterprise location, in an effort to appeal to not solely organising of headquarters and R&D centres within the Parisian area, but in addition Indian guests, who’re nonetheless not very quite a few amongst worldwide vacationers.

About Paris Region Paris Region (www.welcometofrance.com/en/area/paris-region) is the prime enterprise area in Europe and one of the vital necessary on this planet. By itself it accounts for 4.5% of European GDP. It is distinguished by a extremely concentrated productive system, with 1,055,000 companies, and is residence to nearly two thirds of headquarters of French companies using over 2,000 individuals.

It has the best quantity of company actual property in Europe.

It is the biggest employment space in Europe, with six million jobs and a extremely expert labour drive (35% of French executives).

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