India has conveyed its consent to be the `Partner Country` at the prestigious Hannover Fair in Germany to be held from April 12 – 17, 2015. By accepting the invitation of German Chancellor Ms. Angela Merkel for India to be the Partner Country at Hannover Messe 2015, the Government has sent strong signals to the industry about strengthening global trade and inviting investment into India. Prime Minister Shri Narendra Modi is expected to be present at the world renowned engineering and technology fair beginning April 12. The Department of Commerce has mandated Engineering Export Promotion Council India as the lead agency supported by India Brand Equity Foundation (IBEF) along with Confederation of Indian Industry (CII) as the other agencies for Indian participation in the fair. The Hannover Fair attracts nearly two lakh global leaders in business, technology, industrial scientists and policy makers. About 300 Indian companies including public sector giants would be participating in the five day fair, seeking technology collaborations, business tie-ups and showcasing India’s capabilities in global trade. India had been the Partner Country at the Hannover Messe in 2006. With USD 21 billion bilateral trade, Germany is India’s sixth largest trading partner with engagement in the areas of mechanical engineering, automobiles, chemicals, services, nuclear reactors, construction etc. Garments and textile products, chemical products, leather & leather goods, iron, steel and metal goods, electronic components, electrical components, pharmaceutical products, and auto components are major items of exports from India to Germany. The key German exports to India include electrical generation equipment, auto equipment, complete fabrication plants, bearings, gear equipment, measurement and control equipment, primary chemical products, synthetic material, machine tools, aircrafts and iron and steel sheets, etc. The Government is seeing the participation in the fair as an opportunity to increase its global presence in commodities & services, apart from utilizing the event for attracting investments into India as part of the ‘Make in India’ campaign of the Prime Minister. The Department of Commerce is in the process of getting in touch with all key Departments in the Central Government as also leaders of Indian business establishments, seeking their participation and co-operation in making the event a grand success. |
Read,Write & Revise.Minimum reading & maximum learning
18 September 2014
India to be Partner Country in Hannover Messe Fair During April 2015
Subscribe to:
Post Comments (Atom)
Featured post
UKPCS2012 FINAL RESULT SAMVEG IAS DEHRADUN
Heartfelt congratulations to all my dear student .this was outstanding performance .this was possible due to ...

-
Building on India’s family planning success Empowering women to make reproductive choices is the best way to address fertility, and its as...
-
To succeed, the Prime Minister’s ‘Swachh Bharat’ initiative needs a local civic dimension, wherein cities create their own plans within t...
-
India’s learning deficit is worsening: ASER study In 14-18 years age group, only 43% able to do a simple division correctly, while 47% ...
-
Sanjay Sharma Board 6 members Total 45 min My Name - Vkd My background- graduation in Nautical Science 4 yrs sailing experience at sea Cur...
-
27th IB Centenary Endowment Lecture Dr. Avinash Chander, Secretary, Defence Research and Development Organization has del...
-
It’s 100 times powerful than the Hubble Space Telescope and may help in finding the first galaxies NASA has successfully completed buil...
-
How does the monsoon affect the economy Earlier this year, the India Meteorological Department (IMD) had predicted the country would get n...
-
The Government has replaced Planning Commission with a new institution named NITI Aayog (National Institution for Transforming India). A...
-
Pollution-choked India importing dirty fuel ‘petcoke’ from US In 2016, the US sent more than 8 million metric tons of petcoke to India — a...
-
India ratifies key international convention on nuclear accident compensation The ratification makes India part of a global legal regime ...
No comments:
Post a Comment