00:00Yes, Macro had quite a busy start here in Mumbai, which has all decked up to welcome him all across
00:08the road.
00:08Every few meters, we see huge posters of Macro and Modi lining up on the roads everywhere.
00:15So, Macro started his day by paying tribute to the victim of 2008 terrorist attack here in Mumbai,
00:23in which more than 170 people were killed.
00:26And then he had lunch with Bollywood actors and directors.
00:31Remember, Mumbai is also home to the world-famous Bollywood film industry.
00:36After that, he is expected to start the bilateral talks with Indian Prime Minister Narendra Modi,
00:43here where we are at the governor's residence.
00:46And also, later on, they will jointly inaugurate India-France in the Year of Innovation 2026,
00:53and will be meeting business leaders, start-ups, innovators and researchers from both countries.
01:01So, it is a very packed day for Macro, as all eyes are on the two leaders to see what
01:09they will be agreeing upon during their talks.
01:13Tell us, Navidita, a bit more about the business side of it, because, of course, the visit is very much
01:17about that, isn't it?
01:20Yeah, both the leaders will hold discussions across a wide spectrum of areas,
01:27including energy, technology, defence and military.
01:31They will also discuss global and regional issues, including the expansion of China in the Indo-Pacific region,
01:42where it has been expanding aggressively.
01:44And it is in the interest of both the countries to contain China's growing influence.
01:50The leaders will also, then, after the bilateral talks, we will know the details,
01:55but it's the most important highlight of Macro's visit.
02:00Indian Defence Ministry, just a few days ago, announced that they have cleared the path for the purchase of 114
02:07Rafale fighter jets
02:09at a cost of over 30 billion euros.
02:12It's very important for the Indian Air Force to boost its depleting strength of fighter jets.
02:19Also, they will be discussing the other cooperation areas in energy and renewable energy and technology share.
02:29So, it's a high-stake meeting between the two leaders, Macron and Modi.
02:35But one point that Modi will be insisting is about his Made in India policy,
02:44where he's looking for and negotiating that half of the Rafale agreed should be produced and built in India with
02:53locally sourced materials.
02:55So, later on the day, after the press release, we will know the outline of the agreement
03:00and what agreements they have signed or agreed on.
03:03So, both the leaders, after Mumbai, will head directly to the capital, New Delhi,
03:08where high-stake AI Impact Summit is happening.
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