
India's finance minister starts four-day France visit to co-chair economic dialogue, meet CEOs, and visit ITER. Bilateral trade hit €13.6B in FY26.
Union finance minister Nirmala Sitharaman arrived in France on Wednesday for a four-day visit. She will co-chair the India-France Economic and Financial Dialogue with French economy minister Roland Lescure in Aix-en-Provence.
The dialogue focuses on new bilateral cooperation areas across sectors, the government said. Sitharaman is also scheduled for one-on-one meetings with global chief executives and a roundtable with industry executives. The government described the interactions as a way to showcase India's macroeconomic fundamentals, structural reforms, and investment opportunities.
France is India's third-largest trading partner within the European Union, behind the Netherlands and Germany. Bilateral trade has more than doubled over the past decade, reaching €13.59 billion ($15.81 billion) in FY26. Indian exports to France totaled €6.1 billion ($7.1 billion) in 2025-26.
The India-EU Free Trade Agreement, signed on January 27, 2026, is expected to lift trade further. A separate memorandum of understanding between the Reserve Bank of India and the Banque de France, signed in March 2026, commits both central banks to regular high-level dialogues and joint projects.
Sitharaman will visit the International Thermonuclear Experimental Reactor project at Cadarache, one of the largest international scientific collaborations in nuclear fusion energy, involving over 30 partner countries including India and France. She will also tour Campus Cyber, France's national hub for cybersecurity innovation and research. The government said the visit will help exchange best practices in cyber resilience.
The finance minister will meet Renaud Muselier, president of the Provence-Alpes-Côte d'Azur region, to discuss cooperation in investment and clean energy. She will conclude with an interaction with the Indian diaspora in France.
The visit fits the government's push to deepen economic ties with France ahead of the EU FTA's implementation. The RBI and Banque de France signed an MoU in March 2026, committing to high-level dialogues and joint central-bank projects.
Prepared with AlphaScala research tooling and grounded in primary market data: live prices, fundamentals, SEC filings, hedge-fund holdings, and insider activity. Each story is checked against AlphaScala publishing rules before release. Educational coverage, not personalized advice.