India and France target doubling bilateral trade to $32 billion

Exam-focused facts from the 16 June 2026 current affairs briefing.

Key facts

India and France have set a five-year target to double their annual bilateral trade from the current $16 billion to $32 billion.
The two nations unveiled the India-France Innovation Roadmap 2030 to deepen cooperation in critical and emerging technologies, startup and incubator ecosystems, and academic mobility.
A joint Artificial Intelligence (AI) Working Group was established to focus on AI governance, joint research and development, capacity building, and industry exchanges.
The Unified Payments Interface (UPI) will be expanded to the Charles de Gaulle Airport in Paris and the airport in Nice.
A National Centre of Excellence for Skilling in Aeronautics and Allied Sectors will be established at Kanpur to support skilling, research, and the Maintenance, Repair, and Operations (MRO) sector.