Commerce and industry minister Piyush Goyal on Tuesday said there are huge opportunities for French investors in India in areas such as manufacturing and infrastructure.
“Huge delta of opportunities are there in India,” Goyal said while addressing the India France Business Summit in Paris.
The minister had earlier said that France is India’s preferred partner in defence, economy and investments.
Goyal said that India is attracting investment and technology in the defence sector from around the world as indigenous manufacturing is being promoted.
“Exports of goods and services are growing by over 50% and we hope to continue this growth trajectory. We hope to see our exports of goods and services to triple from $765 billion to $2 trillion by 2030,” Goyal said.
He also said that the Indian economy is expected to reach about $35 trillion in the next 25 years from the current level of about $3.5 trillion.