Business

French automotive supplier Valeo has reaffirmed its commitment to continue investing in India following a one-on-one meeting between CEO Christophe Perillat and Commerce and Industry Minister Piyush Goyal during the minister's three-day tour to France.

PM Modi said the country had only 74 operational airports in 2014, which has more than doubled to 162

Union Commerce and Industry Minister Piyush Goyal held a series of high-level meetings in Paris with top French CEOs to explore new opportunities for India's growth across key sectors such as renewable energy, automobile manufacturing, electric vehicles (EV), and consumer products.

Air India CEO Campbell Wilson hinted on Monday that the airline is likely to wind up its association with Turkish Technic, a global aviation maintenance and overhaul (MRO) company.

Campbell Wilson, CEO and Managing Director, Air India, said: "We are happy to embark on this codeshare partnership with Icelandair, which unites two airlines committed to connecting the world. By combining our strengths, we are creating a seamless bridge between India's vibrant destinations and Iceland's extraordinary landscapes. This partnership underscores Air India's ambition to expand our global reach while offering Icelandair's customers seamless access to India's diverse destinations."

Nicolas Hieronimus, CEO of global beauty products company L'Oreal, has said they aim to more than double business in India over the next couple of years.