'France willing to invest $1 billion in India, but...'

February 15, 2013 21:53

French President Francois Hollande today said French companies are willing to invest up to $1 billion in India, but asked New Delhi to take necessary steps to open up the market by removing obstacles.

"There are always obstacles to opening markets," Hollande said while addressing industry leaders in the financial capital on Friday evening, but clarified that he is not meddling in the political affairs of India.

Admitting that obstacles (to market reform) exist in both the countries, Hollande, winding up his two-day state visit, said, "I am not here to interfere in the political decisions but these decisions (to open up markets) are nonetheless necessary."

« Back to LIVE

TOP STORIES

DGCA directs airlines to seat kids up to 12 years with their parents

A child who is less than 12 years of age must be allotted a seat beside at least one parent or a guardian with whom he is travelling, the Directorate General of Civil Aviation (DGCA) told airlines on Tuesday. The DGCA has said that the...

Dangerous to say govt can't take over private property: SC

The Supreme Court on Wednesday said the Constitution intended to bring about a 'sense of social transformation' and it would be 'dangerous' to say that the private property of an individual cannot be regarded as material resources of...

Asian U-20 Athletics: Deepanshu wins gold in javelin

Deepanshu Sharma secured the gold medal in men's javelin as Indian athletes produced a good show on the opening day of the 21st Asian Under-20 Athletics Championships.

IPL PIX: Pant, Axar dazzle as DC post huge total

Images from the IPL 2024 match between Delhi Capitals and Gujarat Titans.

SP changes mind, now Akhilesh to contest from Kannauj

Samajwadi Party president Akhilesh Yadav will contest the Lok Sabha elections from Kannauj, the party announced on Wednesday, two days after it had declared another candidate for the Uttar Pradesh seat.