Paris, Feb. 9 -- Ahead of Prime Minister Narendra Modi's visit to France to co-chair the AI summit, Coumar Ananda, President of the Chambers of Commerce and Industry France-India, claimed that trade between India and France has remained below USD 20 billion, an increase from the earlier range of USD 15-18 billion, with most transactions focused on defense and aerospace industries.

Ananda said, "The trade between the two countries has been below USD 20 billion, which used to earlier be in the range of USD 15-18 billion, and was always seen to be used on the defence, aircraft, the air force, with mostly the industries of defence and aeronautics seen to be involved. "

He added, "I think there is larger potential - I feel there's a certain ...