Business opportunities for French defence industries

With 60 to 70 per cent of its defence and security equipment being imported and an expenditure budget for these acquisitions of 11.6 billion euros for 2013-14, India is currently one of the most attractive markets for the major exporting countries, including France, ranked fifth.

During the last decade, several French businesses have been awarded important contracts in India, including the modernisation of 51 units of the Mirage 2000, acquisition of 6 Scorpène submarines accompanied by the sale of 36 Exocet SM-39 anti-ship missiles for an announced amount of 2.4 billion euros.

France looks forward to new developments in this privileged Franco-Indian relationship and hopes for intended and ongoing calls for tender for a supplementary set of high-sea submarines, projection and command ships, helicopters, artillery material as well as the 126 Rafales for which discussions are underway.