In the aftermath of Brexit, Paris has solidified its status as the economic and financial capital of Europe. A recent study by EY reveals a substantial relocation of over 2,800 bankers and financiers from London to the Paris Region, resulting in the creation of more than 7,000 jobs. The Paris Stock Exchange now boasts the largest market capitalization in Europe, surpassing both London and Frankfurt.
A high-profile delegation, led by Valérie Pécresse, President of Paris Region, and Alexandra Dublanche, Chairwoman of Choose Paris Region, is currently in India on a mission to bolster economic, technological, touristic, and cultural ties. The focus is on encouraging Indian decision-makers, businesses, and investors to explore opportunities in innovation, technology, academic cooperation, and the vibrant cultural offerings of Paris.
As the countdown to the 2024 Olympic and Paralympic Games in Paris begins, economic opportunities are burgeoning. With over 4,000 jobs created since 2017 through investment projects related to the Games, the Paris Region showcases a fertile ground for foreign companies, including those from India, to invest and participate in the event’s success.
Beyond the sports extravaganza, the 150th Anniversary of Impressionism adds a cultural touch to the attractions in 2024. The Musée d’Orsay will host historical exhibitions and unique virtual reality experiences, providing a rich cultural backdrop for Indian tourists and enthusiasts.
Recognising the influence of Indian cinema, especially Bollywood, on travel choices, the Paris Region delegation is set to tour Yash Raj studios and engage with influential film producers. This move aims to tap into the growing trend of cinema tourism, where fans seek to explore locations featured in their favorite films.
The visit of the Paris Region delegation to India underscores the commitment to strengthening partnerships in business, technology, and tourism. As the Paris 2024 Olympics and the 150th Anniversary of Impressionism converge, the economic and cultural ties between Paris Region and India are poised to reach new heights, promising mutual growth and collaboration.