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France signs deals worth $16 bln in India

11 March 2018

French and Indian companies signed contracts worth $16 billion, the French presidency said in a statement. The business partnership was initiated on the first day of President Emmanuel Macron's visit to India. Macron and the Prime Minister of India also committed to strengthening their partnership on defence and security. The prime minister hailed France's contribution to his flagship "Make in India" plan to boost local manufacturing.