2014-05-12

German state seeks better trade ties with India; to benefit SMEs

The German state of Hesse, which has the largest Indian business community in the country, will do whatever is necessary to increase its bilateral trade ties with India, a minister has said.

German state seeks better trade ties with India; to benefit SMEs

The German state of Hesse, which has the largest Indian business community in the country, will do whatever is necessary to increase its bilateral trade ties with India, a minister has said.

 

Speaking during an India Business Forum event in Frakfurt on the theme ‘Indo-German Economic Partnership: The Way Ahead’, Al-Wazir, Hesse’s Minister for Economics, Energy, Transport and Regional Development, said one of the goals of his government would be to support the growing bilateral trade ties of the state with India.

 

Launching ‘India in Business’, a publication of India’s external affairs ministry, the German minister also emphasised on the contribution made by Indian companies to the economic prosperity and high level of employment in Hesse, an Indian embassy release from Berlin said.

 

India’s Ambassador to Germany, Vijay Gokhale, underlined the strategic partnership between India and Germany and enumerated the areas of manufacturing, high technology and SME (small and medium enterprises) co-operation as the ones to be targeted in future for realising the true potential of the Indo-German economic partnership.

 

During a panel discussion, experts from the fields of business, media and government organisations agreed that India was regarded as the future economic powerhouse in Germany.

 

The panellists hoped for a stable government following the elections in India that would continue to lay emphasis on the Indo-German strategic partnership, to help realise the full potential of the long-standing relationship between the two countries.

Related opportunities
  • Adam's Ale is a one of its kind kitchen &..
    Locations looking for expansion Madhya pradesh
    Establishment year 2021
    Franchising Launch Date 2023
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 00
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya pradesh
  • Other Online Education
    Pitman Training is an extensive network of career training &..
    Locations looking for expansion England
    Establishment year 1950
    Franchising Launch Date 1992
    Investment size Rs. 30lakh - 50lakh
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Wetherby England
  • Others Financial
    Gold Cash Limited (An ISO 9001:2015 Certified Public Limited Company) is..
    Locations looking for expansion Haryana
    Establishment year 2017
    Franchising Launch Date 2019
    Investment size Rs. 10lakh - 20lakh
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Guest House / Service Apartments
    A fun space which seamlessly challenges mental, physical, and social..
    Locations looking for expansion Maharashtra
    Establishment year 2020
    Franchising Launch Date 2023
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 44000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts

pincode
;
ads ads ads ads