India, France sign 14 pacts worth $16 billion after talks between PM Modi, Emmanuel Macron

India and France inked key pacts in the strategic areas of security, nuclear energy as well as protection of classified information after extensive talks between Prime Minister Narendra Modi and French President Emmanuel Macron. Agreements in the field of education, environment, urban development and railways were also signed in the presence of the two leaders. Companies from the two countries signed contracts worth 13 billion Euros ($16 billion) on the first day of President Emmanuel Macron's visit to India. The deals include a contract for France's Safran to supply airline SpiceJet with engines, water system modernisation by Suez in the southern city of Davangere and a contract between industrial gas company Air Liquide and Sterlite.

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Source: The Times of India,
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