France has a long history of trade relations with India dating back centuries. Currently, France is the second largest foreign investor in India, investing $1.76 billion over the last 15 years, primarily in sectors like electrical equipment, services, telecommunications, transportation, fuels, chemicals, food processing, cement, and glass. The India-France trade relationship aims to facilitate business between the two countries and double their trade value within five years. Key areas of their strategic partnership include civil nuclear cooperation, defense cooperation, counter-terrorism cooperation, and space cooperation.