The second edition of the Sport Symposium on ‘France India Sports Business’, organised by the French Trade and Investment Commission, Business France and Yes Bank as ‘Knowledge Partner’ took place on Monday, November 26, 2018 at the Embassy of France in New Delhi.
Philippe Vinogradoff, Ambassador for Sport, of the French Ministry of Sports was present all along this event with a delegation of eight visiting French companies from Sport sectors – some of which partnered in the 2018 FIFA World Cup in Russia who came to share know how and technology with the key players of India’s sports sector.
“India has strong potential as it is a very young country. As of now, 10 to 13 French companies are present in India in this sector and I am sure that in the years to come, more French companies will choose India to develop their Business in this country,” said Philippe Vinogradoff, Ambassador for Sport India, as a strong young demographic nation, has made sports a strong driver of its economic development. As such India has chosen to create a holistic ecosystem for sports which would be transparent, robust and world class. India’s performance in the 2018 Asian Games has thus been praiseworthy.
France with its structured sports industry is an important player in the global sports industry. French companies are instrumental in spreading the practice of sports all over the world with their well-recognised expertise and innovation in this sector. This event started with a conference that was held to bring together policy makers, leading business minds and eminent sportspersons to identify key sectors of growth that would make sports a high-potential sunrise industry for investments. This was also a perfect occasion to launch the first release of the knowledge paper: ‘Business of Sport – Rumble under our feet’ co-published by French Trade Commission-Business France & Yes Bank who compile different articles about sports sector in a business point of view.
The event was also the occasion for companies to meet Indian counterparts and B2B to share on their know-how and interact with Indian counterparts.
The French companies part of the delegation were:
- ALCOR Equipements
- Metalu Plast
- Paris Saint-Germain