The renowned audit and consulting firm nevertheless points out that “the total number of international establishments and expansions recorded in 44 European countries increased by only 1% last year. Worse still, employment generated by these companies fell by 16%.”
However, France has nothing to be ashamed of compared to its two telegram number database main competitors (the United Kingdom and Germany). Indeed, projects carried out on our territory
increased by 1% (with 1,259 projects) compared to 929 for Germany (-6%) and 832 for the United Kingdom (-1%). French industry is attracting more foreign investment since France is far ahead of its two pursuers with its 547 projects, twice as many as Turkey and five times more than Great Britain.
3 – Future challenges for the industry
A – Maintain global competitiveness
Emerging countries are currently gaining ground, and technological developments and environmental factors are all factors that are making competition more intense. France must protect and support its industry to regain its former strength, as numerous changes are taking place.
to relocate their production in the 1980s to save money tips to keep your marketing strategy up to date by benefiting from a lower labor force in order to gain price competitiveness. Today, knowledge has
The automotive sector is already paying the price, as Chinese brands or those acquired by Chinese groups are gaining market share in Europe. Thus, it is no longer enough to lower production costs to maintain a competitive industry.
The difference will be made through innovation; it is necessary .
to adapt to changes by offering new and high-quality solutions. Made in France is losing its splendor, yet it is an undeniable strength of our industry because “French made” is well regarded in France and abroad. Click here to read our article on this subject .
We have seen that France attracts more FDI in R&D and this is a good thing because research allows the creation of new products, technological improvement and the need to stay up to date.
Training enables skills development. The workforce fresh list must meet the changing needs of the market. A highly skilled and adaptable workforce is an essential asset for meeting the challenges of global competition.
Global competition forces French industry to surpass itself to overcome present and future challenges .