PARIS (Reuters) - French and Indian companies signed contracts worth 13 billion euros ($16 billion) on the first day of President Emmanuel Macron's visit to India on Saturday, the French presidency said in a statement.
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.
Macron's office did not provide a breakdown of the contracts' values or details about the deals. It said some 200 million euros of investments will be made in India.
A so-called "Industrial Way Forward Agreement" was signed between French utility EDF and India's NPCIL for the construction of six nuclear reactors at Jaitapur. Negotiations over the construction of next-generation nuclear reactors in India have been dragging on for years.
It was not immediately clear whether these were firm contracts or letters of intent.
($1 = 0.8127 euros)
(Reporting by Michel Rose; Editing by Cynthia Osterman)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
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