
Jaishankar to visit France, Belgium from June 8
External Affairs Minister S Jaishankar is travelling to France and Belgium from June 8 to 14, days after he visited Germany. The visit is important since a multi-party political delegation also visited France and Belgium to canvas support for India's stance on Pakistan-sponsored terrorism.
Jaishankar will first travel to Paris and then to Marseille.
During this visit, he will travel to Paris and Marseille where he will hold bilateral discussions with his counterpart Minister for Europe and Foreign Affairs of France, Jean Noel Barrot, besides engaging with the country's senior leadership. He will also participate in the inaugural edition of the Mediterranean Raisina Dialogue which is being held in the city of Marseille.
The Ministry of External Affairs said India and France have completed 25 years of strategic partnership. 'Our relations with France are rooted in deep trust and commitment, and our two countries cooperate closely across all domains of strategic and contemporary relevance besides sharing similar outlook on many regional and global issues,' it said in a statement.
In the second leg of the visit, he will travel to Brussels. Here he will carry out talks with the EU as well as Belgian counterparts.
During the visit, Jaishankar will hold a strategic dialogue with the EU High Representative and Vice President Kaja Kallas, and will engage with the senior leadership from the European Commission and the European Parliament.
The MEA statement said: 'India-European Union strategic partnership has strengthened over the years across diverse sectors and got a big boost with the first-ever visit of the EU College of Commissioners to India in February this year.'
During his visit to Belgium, he will hold bilateral consultations with the Deputy Prime Minister and Foreign Minister of Belgium, Maxime Prevot and also meet the senior leadership of Belgium. He will interact with the members of the Indian community.
'India and Belgium share warm and friendly relations along with a very robust economic partnership. Today the collaboration between the two countries spans various domains like trade and investment, green energy, technology, pharmaceutical, diamond sector and strong people to people ties,' the MEA said.
The ministry said that the EAM's visit is expected to further deepen India's friendly relations with the European Union, France and Belgium and give renewed momentum to cooperation in diverse areas.
Jaishankar met visiting UK Foreign Secretary David Lammy on Saturday, and said that India follows a policy of 'zero tolerance against terrorism' and expects its partners to understand that Delhi will never 'countenance' the equivalence of perpetrators and victims. This message will be conveyed to counterparts in Belgium and France as well. This was the first visit by a Foreign minister from a P-5 country to India, after the India-Pakistan hostilities last month.
Prime Minister Narendra Modi is also scheduled to travel to Canada for the G7 leaders' summit on June 15-17. He will meet his counterparts from France, Germany, UK and the EU, among others during the visit.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


India.com
36 minutes ago
- India.com
Modi govt gives Armed Forces freedom to..., now India will have much more powerful weapons than Pakistan's...
New Delhi: The success of one month of Operation Sindoor was celebrated on Saturday, June 7 evening. The Defense Ministry has given permission to the armed forces to buy long-range missiles, artillery shells, kamikaze drones and air-to-air missiles. These missiles will be better than the Chinese missiles which Pakistan has. According to experts, the forces have assessed the damage. This shows that the Indian Air Force (IAF) shot down four Pakistani Chinese fighter planes. Along with this, two large aircraft were also shot down during Operation Sindoor. Possibly among them was a C-130 J and a SAAB 2000 Airborne Early Warning System. According to the Hindustan Times report, it has also been learned that two F-16 fighter planes were partially damaged in the IAF missile attack. The Indian Air Force attacked 11 airbases including Sargodha, Rafiq, Jacobabad and Noor Khan (Chaklala, Rawalpindi). The report said that India's Rafale fighter jets, S-400 missile systems and M777 guns performed well. The Russian air defense system shot down three enemy aircraft. Reports also revealed that India destroyed a Chinese LY-80 fire radar. Also, two AN TPQ-43 US radars and a Chinese HQ-9 radar unit were destroyed. The attack was carried out on May 10 at Chaklala. Intelligence has revealed that Pakistan has four HQ-9 radars. Earlier it was believed that they had only two. HQ-9 is similar to Russia's S-300 air defense radar. The Pakistan Army used PL-15 missile. It is made in China and has a range of 180 kilometers. Pakistan merged a 250-kilometer range HQ 9 air defense system with a 150-kilometer range system. This was done at Chaklala and Malir Cantonment near Karachi. They wanted to surprise the Indian Air Force. The action report revealed that the IAF fired 19 BrahMos supersonic cruise missiles on Pakistan's air base. Along with this, almost the same number of French SCALP subsonic cruise missiles were also fired. Pakistan fired CM-400 AKG air-launched supersonic missiles. They used JF-17 fighter jets. But these missiles could not do any damage. Pakistan also used YIHA loitering ammunition made in Turkey. Indian electronic warfare systems jammed them. Some missiles missed their target. The rest were shot down by India's air defense system. Pakistan also fired FATAH-1 rockets. They too either missed the target or were intercepted by Indian air defence systems.


Time of India
36 minutes ago
- Time of India
Carpet area of new flats in Mumbai 43% less than super built-up — biggest gap in country
Mumbai: Apartments in the Mumbai Metropolitan Region (MMR) have the highest 'loading' factor — difference between super-built-up area and carpet area — among the top seven Indian cities. Tired of too many ads? go ad free now According to data collated by ANAROCK Research, MMR has a loading factor of 43%. As an example, a 1,000 sq ft flat will have a living area of under 600 sq ft. "Earlier, super built-up areas were the norm for quoting and marketing, which often overstated the liveable space. While the conversation around square footage continues in the sales room across the table, the focus in advertising appears to have shifted from actual flat sizes, which was more prevalent in earlier years, to taglines such as 'spacious 2 BHK' in advertisements and on hoardings,'' said Prashant Thakur, Regional Director & Head - Research & Advisory, ANAROCK Group. "RERA mandates that all mentions of size must be only based on carpet area. This is strictly mandated in Maharashtra, so marketing has had to adapt to steering the messaging around features and amenities instead. Buyers have become more conscious of shrinking liveable spaces and rising loading percentages," he added. Amid the rising demand for state-of-the-art amenities within housing projects, the 'loading' factor has been on the rise across the top cities. MMR continues to see the highest loading— difference between super-built-up area and carpet area— among the top 7 cities with 43% in Q1 2025. The region has seen the average loading percentage grow steadily over the years —from 33% in 2019 to 39% in 2022, and 43% in Q1 2025. Bengaluru has seen the highest percentile jump in average loading over the last seven years, from 30% in 2019 to 41% in Q1 2025. In 2022, it was 35%. This dovetails with the increasingly higher saturation of modern amenities that developers now include to cater to the higher lifestyle ask in the IT hub. Tired of too many ads? go ad free now Chennai, on the other hand, has the least average loading rise in Q1 2025 with 36%, aligning with a city-specific demand profile where homebuyers prefer to pay more for usable space within their homes rather than for common areas. In 2019, Chennai's average loading percentage was 30%, like Bengaluru. It gradually rose to 32% in 2022 and further to 36% in Q1 2025. In NCR, average loading percentage rose from 31% in 2019 to 37% in 2022, and 41% in Q1 2025. In Pune, it was 32% in 2019, rose to 36% in 2022, and stood at 40% in Q1 2025. Hyderabad saw an average loading percentage increase from 30% in 2019 to 33% in 2022, and to 38% in Q1 2025. Kolkata too saw its average loading factor increase from 30% in 2019 to 35% in 2022, and further to 39% in Q1 2025. "While RERA now requires developers to mention the total carpet area provided to homebuyers, no law currently limits the loading factor in projects. Q1 2025 readings show that 60% of total space within their apartment that homebuyers in the top seven cities pay for is livable space, the remaining 40% is common areas – elevators, lobbies, staircases, clubhouses, amenities, terraces, and so on. The average loading percentage was 31% back in 2019," said Thakur. "Today, higher amenity loading has become the norm across most projects, partly because homebuyers are no longer satisfied with basic lifestyle amenities - they expect fitness centres, clubhouses, park-like gardens, and grand lobbies. Collectively, these features may improve comfort, community livability, and also resale value; however, homebuyers effectively lose on actual usable space within their apartments, " he said. Essential infrastructure in modern housing projects now typically includes more lifts with bigger passenger capacities, amplified utility areas, and fire escapes that meet regulatory safety protocols. In high-density urban developments, optimizing space for both private and shared use is crucial for a better living experience and long-term value, making some level of extra loading an inescapable fact of life. "Respective state RERAs should ideally enforce provisions wherein each project clearly mentions how much buyers are paying for the total usable space within the apartment, and for the amenities," the ANAROCK report said.


Time of India
41 minutes ago
- Time of India
KKR-backed IVI to buy ART Fertility Clinics for $450 million
KKR-backed IVI RMA Global, a US-based leader in infertility treatment, is set to acquire ART Fertility Clinics for $400-450 million, according to people familiar with the matter. The acquisition marks a significant step in IVI RMA's global expansion, adding India to its presence in over 15 countries and more than 190 clinical offices across the US, Europe and Latin America. Both parties are in the final stages of documentation for a shareholders' agreement and are hoping to wrap up the transaction by June end. As with private hospitals, the IVF industry in India too is witnessing consolidation as several private equity funds have been aggressive with acquisitions. In 2023, Swedish fund EQT Partners acquired a significant majority stake in Indira IVF, the largest provider of fertility services in India and top five globally in terms of annual IVF cycles, at a $1.1 billion ('9,000 crore) valuation. ART Fertility Clinics began in 2015 as IVI Middle East, an international arm of IVI RMA Global. In 2020, IVI RMA divested the business to Gulf Capital, which rebranded it as ART Fertility Clinics. Since then, the brand has rapidly grown, expanding across West Asia and India. Live Events With clinics in Abu Dhabi, Dubai and Al Ain in the UAE as well as 11 centres across India, ART Fertility has established itself as a high-performance network in reproductive medicine. The Indian expansion began in 2021, backed by a $30 million investment from Gulf Capital. ART Fertility operates in big Indian cities including Mumbai, Noida, Ahmedabad, Chennai, Hyderabad, Gurgaon and Faridabad. Led by Suresh Soni, former co-founder and CEO of Nova IVF Fertility, ART Fertility reports a pregnancy success rate of 70% and has recorded over 5,000 successful pregnancies in under nine years. According to sources, ART Fertility posted revenue of $100-120 million in FY25, with an estimated Ebitda of $35 million. "For an Indian healthcare player, a $25-35 million ebitda which is borderline ebitda positive coming from the Middle East would add no value," said a fund manager at a Mumbai-based private equity firm that operates a pan-India IVF chain. "However, IVI being a US player where multiples are low, adding a Middle East business works well." IVI RMA trumped a rival bid by Temasek-backed Cloudnine Hospitals. A KKR spokesperson declined to comment. IVI RMA and ART Fertility did not respond to queries. Moelis is the advisor in the transaction. India is rapidly emerging as one of the world's fastest-growing markets for Assisted Reproductive Technology (ART). However, the sector has scope for expansion at 210 IVF cycles per million people, compared with 1,200 in the US and over 2,000 in Europe. Infertility affects approximately 15% of Indian couples, a figure expected to rise due to lifestyle factors such as poor diet, stress, late marriages, and pollution. According to EY, India's IVF market is expected to grow from $793 million in 2020 to $1.45 billion by 2027, at a projected CAGR of 15-20%. India sees around 300,000 IVF cycles annually, with projections suggesting this could grow to 500,000-600,000 cycles by 2030. About 30% of the market is controlled by 10-15 organised players, while the remaining is fragmented among smaller, unorganised clinics. Key players in India's fertility sector include Indira IVF, Nova IVF, Oasis IVF, Bloom Fertility Centre, Bengaluru-based Milann, Morpheus IVF, Ridge IVF, Akanksha IVF and Bourn Hall Clinic. Nova IVF, the second largest player in India, is owned by Asia Healthcare Holdings (AHH), the single specialty hospitals platform backed by GIC and TPG. Similarly, homegrown PE fund Kedaara Capital owns a minority stake in Oasis Fertility, while Brussels-based fund Verlinvest owns a controlling stake in Ferty9 F, a premier chain of fertility clinics in the AP/Telangana region.