Mumbai, February 17 India and France on Tuesday resolved to further strengthen cooperation in innovation across various fields as Prime Minister Narendra Modi and French President Emmanuel Macron launched the India-France Year of Innovation.
Speaking at the event, Prime Minister Modi said the ties between the two countries are not just about innovation, but also about shared values.
"Today, two innovation hubs are coming together," Modi said.
"I and President Macron have decided to celebrate the 2026 India-France Year of Innovation. This is also our commitment to innovate and lead," Modi added.
France and India have worked together in strategic technology sectors. The trust between the two countries has been solidified, and this has reached an important milestone—a special global strategic partnership. In the coming years, collective creativity will ensure a better future for the world, the PM said.
President Macron said the Indo-French partnership is also guided by a shared conviction that innovation is not just about major technological breakthroughs, but also about the economy, improving everyday life, and making it healthier and safer.
Modi said the Viksit Bharat journey needs an engine of innovation, and the Union budget this year also emphasizes this.
India has emerged as the third-largest startup ecosystem in a decade due to the Start-up India program, he said, adding that in 2014, there were just four unicorns, while today there are 120 unicorns with a total value of USD 350 billion or more.
He said 2026 is a special year for India-France relations as people-to-people exchange will deepen, and industry-to-industry partnerships will expand.
Macron said India does not just participate in global innovation, but leads it—from Silicon Valley to technology to culture.
"Innovation is a driver of our economic growth. It will help address major challenges, from climate change to inequality," the French president added.
For progress in science, France and India have been working hand in hand for years, he said, adding, "We have reinforced our technological sovereignty while supporting our national industries. Our partnership is strong and relies on countless joint projects."
Citing cooperation in strategic areas, Macron said in the field of defense, France is a steadfast partner of "Make in India." The high-level cooperation between the two countries allows them to develop next-generation submarines and aircraft. This is not just a defense contract, but a series of defense contracts, he said.
"We speak about what a sovereign alliance is...Two great nations choosing each other on land, at sea, and in the sky, not by default, but by conviction," he said.
In the area of space cooperation, he cited the satellite Trishna, and said this will help better monitor climate change.
"We want to do much more in defense and space. Space is a great sector to better understand our planet, better monitor communications, and our defense activities and sovereignty," he said.
Macron said France is supporting India's ambition to expand its access to decarbonized energy, including large power reactors, as well as SMRs (Small Modular Reactors). "This year, we will develop a series of very important projects in this field," he said.
AI holds the promise of improving dynamic prediction, transforming agriculture, and opening new possibilities for artistic creations, he said.
France and India are determined to explore the potential of AI, but not without safeguards or careful consideration of its consequences, the French president said.
"This is the path we are trying to create together: an AI that is powerful, profitable, but also safe, inclusive, secure, and democratic," he said.
Later, PM Modi and President Macron also attended a cultural event to mark the beginning of the India-France Year of Innovation at the Gateway of India.
