Indo French Chamber of Commerce and Industry

This site provides detailed information on Indo French Chamber of Commerce and Industry or IFCCI. The site also focuses on the current development of Chamber of Commerce of India and France.

The Indo French Chamber of Commerce and Industry is a common forum of India and France business and trading community. IFCCI was established in 1977 and has 500 members from French and Indian companies representing various sectors. IFCCI's objective is to facilitate business between France and India. IFCCI acts as a common facilitator of business and trade promotion for both the countries. IFCCI promotes French business and trade in India and vice versa. The Federation of Indian Chambers and Commerce or FICCI and UBIFRANCE - the agency for international business development, under the Ministry of Economy, Finance and Industry, France are the two representatives at the forum. Indo French Chamber of Commerce and Industry aims at facilitating better India and France trading relations along with promoting better India and European Union trading relation. Further, their common goal is to increase India and France trades twice the present trading value, within next five years.

Indo French Chamber of Commerce and Industry is focused on, for the improvement of trade and business relations on the following lines -

• India and France Trading Policies
• India and France Trading Procedures
• India and France Trade Contracts
• India and France Trade Administrative and Regulatory procedures
• India and France Trade and Investment opportunities
• India and France Business networking

French investment in India during the last fifteen years have brought US$ 1.76 billion in Indian market. The India France Trade Relations facilitated business to the tune of US$ 6.2 billion during 2005-06. A number of French companies have ventured into Indian market as an outcome of better India France Trade Relations. The sectors that have attracted the most FDI from France are:

• Electrical Equipments
• Services Sector
• Telecommunications
• Transportation Industry
• Fuels
• Chemicals
• Food Processing Industries
• Cement
• Glass

Indo French Chamber of Commerce and Industry aims at forging ties for the development of Agribusiness and Food Processing Sector which offers tremendous scope in the future. Indian Organic food Products too offers stupendous business scope in France. Further, scope of investment and development of trade and business among India and France lies in areas like:

• Small & Medium Enterprises
• Manufacturing
• Information technology
• Pharmaceuticals
• Environment
• Aeronautics
• Life sciences

Indo French Chamber of Commerce and Industry is also keen to focus on other areas for the development of trade and business, like -

• Business travelers
• Professionals
• Student
• Tourists
• Easing visa norms
• Agreement of French Agricultural Ministry and Indian Export Inspection Council (EIC) for export of Indian fisheries and agricultural products
• Development of SMEs in India
• Investment in Financial and Retail Market in India
• Promotion of Indian whiskey amongst the European countries

The major commodities within Indian Exports to France include:

• Agricultural products
• Fresh Fruits and dried fruits
• Fruit juices and concentrates
• Vegetables
• Oilseeds
• Vegetable oils and fats
• Edible nuts
• Sugar and honey
• Grains and Pulses
• Wheat
• Rice
• Tea, Coffee
• Spices and herbs
• Tobacco
• Leather garments and goods
• Handicrafts
• Castor oil
• Carpets
• Cashew.
• Fisheries products
• Ready-made garments
• Cotton
• Cotton accessories
• Leather goods
• Crude matter
• Animal feed
• Indian Whiskey
• Transport equipments
• Petroleum products