The nagging, slow process of land acquisition in India is a matter of concern for French investors according to French envoy Francois Richier, who has also said that the French Defence Ministry, during a visit to India next week, would start the process for finalisation of the contract for the multi-billion dollar Rafale fighter jet deal.
Richier was speaking to The Pioneer during his visit to Goa, to participate in the concluding function of Varuna 14, a joint exercise between Indian and French navies in the Arabian sea. Expressing optimism about French investments in India, Richier said that the rate of growth of French businesses in India would be around 10 per cent in the years to come.