Representative for the economic relationship with India, the Prime Minister said, adding, "We also look forward to the recommendations of the India-France CEOs Forum to energise our economic relations."
He said that the trade pact would open new opportunities for business and investment between India and France.
"I have requested President Hollande's support in ensuring an early conclusion of a balanced and mutually beneficial Agreement," he said.
The two leaders decided to facilitate and support investments from French companies into India and Indian companies into France which contribute to growth and employment in both countries, the joint statement said.
The statement also said that France will be the partner country for the 2013 Global Technology Summit to be held in New Delhi.