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Volume 1 | Issue 6 | Nov - Dec 2011 Volume 1 | Issue 6 | Nov - Dec 2011 Volume 1 | Issue 6 | Nov - Dec 2011
Chamber’s Activities
Country Focus Austria
Diplomats Corner
The Durban Deal to Combat Climate Change
EU - India News at A Glance
Business Opportunities From Austria
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SECTORAL COMMITTEES
Mr. S.K. SarafPresident
Mr. Anupam JohriVice President
Dr. Benno Lueke
Vice President
Mr. Avinash Batra
Mr. C. Saccani
Mr. Chandramowli Srinivasan
Mr. Dinesh K. Lal
Mr. Girish Ramachandran
Mr. Harsh Jajoo
Mr. Joiel Akilan
Mr. Krishna B. Kotak
Ms. Laura Prasad
Ms. Neera Saggi
Mr. R. Mukundan
Mr. Rana Kapoor
Mr. Shreyas Doshi
Mr. Pratap Bhogilal 1991 1992
Mr. N.K. Nayar 1992 – 1993
Mr. B.R. Sule 1993 – 1994
Mr. H Brenneiser 1994 – 1995
Mr. S.M. Datta 1995 – 1997
Mr. Karel R. Ehrnreich 1997 – 1998
Mr. M.Y. Noorani 1998 – 1999
Mr. Manfred Knoll 1999 – 2000
Mr. Jasu Shah 2000 – 2001
Mr. Tomas Dwrvye 2001 – 2002
Mr. K.C. Mehra 2002 – 2003
Mr. Jeroen Nijsen 2003 – 2004
Mr. A. K. Nanda 2004 – 2005
Mr. Robert Green 2005 – 2006
Mr. Atul Bhagwati 2006 – 2007
Mr. Paul Haegeman 2007 – 2008
Mr. Dinesh K. Lal 2008 – 2009
Mr. Rana Kapoor 2009 – 2010
Mr. R. Mukundan 2010 – 2011
–
COUNCIL'S BOARD MEMBERS
Editorial Team
Dr. Renu Shome – Director & Editor
Mr. Prasad R Patil
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Disclaimer
The News items and information published herein have been
collected from various sources, which are considered to be
reliable. However, readers are requested to verify facts before
making business decisions using the same.
President's Message 2
Chamber’s Activity 3
Country Focus 10
Diplomats Corner 14
The Durban Deal To Combat Climate Change 20
New Members 22
EU News At A Glance 27
India News At A Glance 28
Business Opportunities From Austria 30
• Climate Change, Energy, Technology
Dr. Ram Babu, Chairman
Mr. Vikas Gadre, Co-Chairman
Dr. Ishwar Hegde, Co-Chairman
• Skill Development & Education
Mr. M. N. Chaini, Chairman
• International Trade
Mr. N Shankar, Chairman
PAST PRESIDENTS
IN THIS ISSUE
1
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software business. Many Indian software players are setting up shops in Poland. There is a great attraction synergy between
Polish and Indian companies for trade, business and culture.
Hon'ble Rafal Baniak, Deputy
Minister of Economy, Republic of
Poland before starting his speech
thanked all the organizers for
organizing an Event on Indo-Polish
Economic Ties. He mentioned that
Poland is considered to be one of
the leaders in EU. During the last two decades Poland
accounted for 200 million Euros Foreign Direct Investment. The
Special Economic Zones offered by Poland has been
appreciated by the Investors. India accounts for 26% of Foreign
Direct Investment in Poland. Poland recently occupied 6th
position among the top ten most attractive countries for
investments. He welcomed the Indian companies to Poland to
make strong presentations. He mentioned about the 14 SEZ's
which offer special incentives such as Tax Vacation, exemption
from real estate tax, free assistance in dealing with formalities
relation to the investment. He mentioned that the exports from
India have grown 3 times bigger over the years. He stated that
better presence of Indian companies in Poland helps to increase
bilateral trade and investment between both the countries. He
also stated that the presence of Indian companies in Poland too
is increasing e.g. Can Pack, Bella Premier Happy Hygiene Care
Pvt Ltd. He stated that both the countries should work towards
increasing the bilateral trade relations between each other. In his
concluding remarks, he invited all the Indian Companies to
Poland to take the advantages of what it has to offer.
Mr. Ryszard Sznajder, President
of the Polish – Indian Chamber of
Commerce stated about the MOU
signed between The Council of EU
Chambers of Commerce in India
and the Polish – Indian Chamber of
Commerce to promote trade and
investments between the two regions through mutual co-
operation. He mentioned that the goal of both the Chambers is
to promote and merge business between India and Poland. He
also stated that the right way to promote business and
investments between both the countries is to find some sort of
collaboration between the potential sectors of the 2 countries.
The Council of EU Chambers of Commerce in India along with
the Consulate General of the Republic of Poland in Mumbai and
Embassy of the Republic of Poland in India – Trade and
Investment Promotion Section organized Business first –
strengthening Indo – Polish Economic Ties on November 9,
2011 at the Sunset Lounge, Trident Hotel Mumbai. The Event
was co-organized by the Indo – Polish Chamber of Commerce.
H.E. Prof. Piotr Klodkowski,
Ambassador of Republic of
Poland to India thanked all the
present and the Chambers for
organizing the Indo-Polish Seminar.
He stated that Polish Presidency
has got new energy into EU. It is
very important for Poland to deal and tackle issues which
obstruct bilateral trade and investment between the two regions.
He mentioned that Indian Investments are growing in Poland
and Poland is also offering serving as a top class tourist
destination for India e.g. Bollywood.
Mr. S. K. Saraf, President of the
Council of EU Chambers of
Commerce in India in his address
welcomed Mr. Rafal Baniak, Deputy
Minister of Economy, Poland, H.E
Prof Piotr Klodkowski, Ambassador
of Republic of Poland to India and
Mr. Ryszard Sznajder, President of
Polish – Indian Chamber of Commerce for their presence. He
also thanked all the present at the Event. He mentioned about
the well established historic foundation for trade ties with
Poland. The bilateral trade between India and Poland grew 11
times between 1992 and 2008. He mentioned that Poland has a
strategic location and is a gateway to East Europe. It is one of the
most vibrant economies in Europe and has fared a lot better
compared to other economies of Europe. Poland offers great
business interest to India and the presence of Indian Inc's in
Poland is increasing. There are many potential business sectors
for tie-ups between India & Poland that needs to be explored.
From a business landscape trade between the two countries is
good and has a lot more potential to grow. Apart from the
traditional goods and services that are trade between the two
countries, there are many other products and services which
can be bilaterally traded. One of such significant sector is the
SEMINAR ON “BUSINESS FIRST – STRENGTHENING INDO – POLISH ECONOMIC TIES”
WITH PARTICIPATION OF HON'BLE RAFAL BANIAK, DEPUTY MINISTER OF ECONOMY OF
THE REPUBLIC OF POLAND AND BUSINESS DELEGATION
3
S. K. Saraf President
Dear Readers,
It gives me immense pleasure to present to you the sixth edition of the Council's Bi-Monthly Newsletter “Business Pulse”.
In the last couple of months, the Council has tried to promote trade and business relations between India and EU through its
Event and Activities. On November 9, 2011 the Council organized Seminar on Business First – Strengthening Indo – Polish
Economic Ties with participation of Hon'ble Rafal Baniak, Deputy Minister of Economy of the Republic of Poland and Business
Delegation. The Seminar was followed by Business to Business Meeting which proved to be very useful to the Business
Representatives attending the Seminar. On November 17, 2011, the Council along with The Indo-Belgian-Luxembourg Chamber
of Commerce hosted an Interactive Meeting with H.E Mr. Gaston Stronck, Ambassador of Luxembourg to India. The
Ambassador spoke about the Current scenario in Luxembourg and the Indian-Luxembourg Financial and Economic relations
along with mutually beneficial possibilities for bilateral trade. On November 25, 2011, the Council hosted an Interactive Meeting
with H.E Mr. Janusz Wach, Consul General of the Republic of Poland in Mumbai who gave an overview about the Polish Economy.
The Newsletter carries an in-depth Report on the Proceedings of all the Activities organized by the Council.
In this issue, the Council has chosen Austria as part of the country focus as it believes Austria has a lot to offer in terms of Trade
and Business Potential. The Chamber visited Austria during its Trade Delegation to Central Europe in the Month of May 2011, and
is keen on increasing the bilateral trade relations between the two regions. The Newsletter includes the Interviews of
H.E.Mr. Dinkar Khullar, Ambassador, Indian Embassy in Vienna and Mr Hans-Joerg Hoertnagal, AUSTRIAN TRADE
COMMISSIONER, Austrian Trade Commission, Austrian Embassy - Commercial Section, in the Diplomat's Corner Section.
Keeping in view the responses to our Trade Leads, we have included exciting Business and Investment opportunities from
Austria. The Newsletter also carries an Article on The Durban Deal to Combat Climate Change by Mr. Anupam Das-Purkayastha,
Director, General Carbon Advisory Services Ltd. Through the “EU & India News at a Glance” section we hope to keep you
updated on the latest and relevant news which is invaluable for doing business.
I would like to express my sincere appreciation to all the Member Companies of the Council and look forward to their continued
support and co-operation in the future activities organized by the Council.
Thank You!
Sharad Kumar Saraf
President
2
PRESIDENT'S MESSAGE CHAMBER’S ACTIVITY
Page 4
4
SEMINAR ON “BUSINESS FIRST – STRENGTHENING INDO – POLISH ECONOMIC TIES”
WITH PARTICIPATION OF HON'BLE RAFAL BANIAK, DEPUTY MINISTER OF ECONOMY OF
THE REPUBLIC OF POLAND AND BUSINESS DELEGATION
CHAMBER’S ACTIVITY CHAMBER’S ACTIVITY
The ongoing joint-venture wave between companies of the two
countries is one of the best ways to promote bilateral trade
relations. He welcomed all the present members to come to
Poland for exploring the business potential.
H.E Mr. Janusz Wach, Consul General of the Republic of
Poland in Mumbai mentioned that
the process of privatization in
Poland has bought greater source
of revenue for Poland. The inflow of
new companies in Poland has been
on the rise. Foreign companies
investing into Poland is increasing
because of the many advantages Poland offers to its investors.
One of the major reasons why it attracts investment is because
of geographical location. It is the biggest country in Central
Europe and serves as an ideal platform for trading activities.
Population wise Poland is more populous than other countries in
Central Europe. It has a good and well educated young
population who are ready to enter any sort of business relations.
The skilled workforce that Poland offers is also one of the major
reasons which attract foreign investment. The Economic
Standing of Poland is one of the best in Europe. The Polish
Economy is diversifying and showing signs of dynamic
development. Poland also offers a vibrantly increasing
consumer market. Its role in EU's foreign trade is also very
commendable.
Mr. Noel Pascal, Sales Manager, Can-Pack India spoke about
“How Polish Companies can do
business in India”. He stated that for
successfully doing business in
India the key is to produce world
class products, think globally act
local ly, thinking Win-Win in
customer – supplier- employee
relationships. He stated that to be successful in India there is a
need to focus on greater customer relationship. He mentioned
that the 2 major challenges faced by Can-Pack while doing
business in India are:-
1) Socio - Cultural Challenges
2) Socio – Economic Challenges
Socio Cultural Challenges can be encountered by a) Gaining
Trust of Government, Customers, Suppliers and Employees
b) Building Customer Relationships by making customers feel special all the time c) Complexities of Handling a very high
speed precision oriented automated line for which proper and
continuous training and development has to be provided to the
Indian staff d) Technical Support for trouble shooting the
problems encountered at the time of production.
Socio – Economic Challenges can be encountered by a) Well
Equipped Infrastructure b) Working Closely with Customers for
long term co-operation and benefit so as to overcome low
paying market c) Low market penetration of cans was
overcome by highlighting the advantages of cans over other
packaging substrates via the press, word of mouth and trade
exhibitions.
Bella Premier Happy Hygiene Care Pvt. Ltd. The Executive
mentioned that Bella Premier is a Joint Venture between the
Polish Company TZMO SA and Indian Company Premier Group.
Bella Premier is a manufacturer and distributor of highest quality
modern hygiene and medical products. The Manufacturing
activity takes place in Tamil Nadu and it operates through 4 sales
offices in South India viz:- 1) Chennai 2) Bangalore 3) Kochi 4)
Hyderabad. It services 5 hospitals with its products and employs
1000 people. The production team comprises personnel from
India, Russia and Poland. It is also majorly into exports outside
India. She stated that the company uses State of the Art
European Technology, Fully automated & Controlled Process
where products are not touched by hands and the use of best
raw materials. About the future plans of the company she
mentioned Newer Investments in new lines of hygiene, new
projects in medical division, and a new factory in North India.
Mr. Sanjay Kapote, CEO & Board Member, Escorts Farmtrac
Tractors Europe gave a brief overview on Doing Business in
Poland. He stated that Agri
machinery is Escorts Core
Business since 1960 and Escorts
has an installed capacity for
producing 72,000 tractors per
annum. Escort employs around
7000 people in India. The company
has newly upgraded R & D facilities which are focused on
custom designing products for global markets. About the
company's presence in Europe and Poland, Mr. Kapote
mentioned that the company has a dealer network of 54 dealers
in Poland and 15 distributors all across Europe. The company
has around 50 vendors in Poland and 10 in the rest of Europe.
The company enjoys 6th position among 32 brands of tractors
present across Poland. On Doing Businessin Poland, he
attributed the company's success to a few factors like working
the Zone Managing Company, Highly developed region. The
WSEZ has been ranked as 3rd in Europe as one of the most
attractive places to invest in the world.
Industrial Development Agency
IDA succesfully operates on Polish market for 20 years: at the
end of 2010 the Agency's equity portfolio included shares in 100
individual companies, 20 of which are for sale. Financial
institution granting financial support to enterprises in the form of
loans, guarantees or capitalization of companies. It supports
restructuring and privatization processes. Its activities include
Loans and guarantees for the large and medium-sized
enterprises, Restructuring and rescue programs for enterprises,
Management of special economic zones in Tarnobrzeg and
Mielec. The major investors in the Area are Philips, LG,
Goodrich, WB Electronics, Sikorsky, etc.
Interactive Meeting with H.E.Mr.Gaston Stronck,
Ambassador of Luxembourg to India
The Council of EU Chambers of Commerce in India along with
The Indo-Belgian-Luxembourg Chamber of Commerce hosted
an Interactive Meeting with H.E Mr.Gaston Stronck,
Ambassador of Luxembourg to India, on November 17, 2011 at
Y B Chavan Centre, Mumbai.
Ambassador spoke about the Current scenario in Luxembourg
and the Indian-Luxembourg Financial and Economic relations
along with mutually beneficial possibilities for bilateral trade.
Mr. S.K. Saraf, President, The Council of EU Chambers of
Commerce in India in his welcome address thanked the
Ambassador for his presence and spoke about the possibilities
of increasing bilateral trade between India and Luxembourg.
The President's speech was followed by Mr. Dinesh Lal's
speech, Past President, Indo-Belgian-Luxembourg Chamber of
Commerce who introduced the Ambassador and his
Credentials.
with Local employees who are hard working and skilled, enjoyed
benefit of Poland being the low cost manufacturing place in
Europe, Understanding of Polish culture and aligning FTES
strategy, Understanding of Polish customers and their needs,
Making the Company's plans based on Poland – EU agricultural
subsidy programs, Developing local network of dealers and
vendors , making them partners in the growth story of FTES,
Team working – Organizing regular meets in Poland and India
with FTES teams and FTES dealers, Positioning the Company's
Products as Polish Products from a Polish tractor manufacturing
company.
Ms. Iwona Grajewska, Director, Pomeranian Special
Economic Zone spoke about the Investment opportunities in
Pomeranian Region in Poland. Pomeranian Special Economic
Zone is a part of territory of Poland in which business may be run
on special conditions. Entrepreneurs that obtained permit may
run business activities without being subject to full payment of
income tax. The major investors in the region are Sharp,
Bridgestone, JABIL, Plastica, Polpharma, etc. The SEZ turns the
Green Fields into investment areas within six months, retaining
the world standards. It cooperates with local authorities,
regional economic, scientific and cultural environment to
provide their customers fast, relevant and accurate information.
The entrepreneurs having the permit to do business in the PSEZ
are exempted from income tax due to: a)investment costs
specified in a permit and/or b) level of employment specified
in a permit. Minimum value of investment costs is EUR 100,000.
Mr. Wojciech Morel, Vice President, Walbrzych Special
Economic Zone (WSEZ) spoke about the Investment
opportunities in Walbrzych Special Economic Zone in Poland.
He stated that WSEZ is administratively separated part of the
Polish territory, designated for running business activity under
preferential conditions. Started in the year 1997, it has almost
15 years of experience in creating attractive investment
conditions for entrepreneurs. The major investors in the region
are Uflex Group, Toyota, General Electric, Electrolux, Bosch,
Bridgestone, Colgate-Palmolive, Lotte, Ronal, Mando, NSK,
Faurecia, Metzeler, Marcegaglia and IBM. The SEZ offers
investments in Green Field area where over 800 hectares of
investment sites dedicated to green-field investment. It offers
Industrial Properties and Office Spaces designated for service
activity such as Business Process Outsourcing. The WSEZ
offers system of tax exemptions and other incentives, wide offer
of investment grounds, Interesting offer of industrial properties,
Atractive labour market, Comprehensive assistance ensured by
5
L to R: Mr. S.K. Saraf, President, EU India Chambers, H.E. Mr.Gaston Stronck,Ambassador of Luxembourg to India, Mr. Dinesh Lal, Past President,
Indo-Belgian-Luxembourg Chamber of Commerce.
Page 5
H.E. Mr.Gaston Stronck, Ambassador of Luxembourg to India
gave an overview of the Luxembourg Economy. The
Ambassador informed that Luxembourg recorded a 3.5% GDP
growth in the year 2010. The Flitch Rating Agency accredited an
AAA rating to Luxembourg and described the Economy as a
solid government balance sheet with low gross public debt and
sizable fiscal reserves. He described Luxembourg as a world
class financial centre. The Luxembourg Stock Exchange is
ranked no.1 in Europe for International Bonds. It comprises 260
captive reinsurance companies. About the bi-lateral trade
between India and Luxembourg the Ambassador mentioned
that Luxembourg offers flexible solutions for Indian Companies
to raise capital abroad. Around 150 Indian Companies have
invested in Luxembourg. Luxembourg offers an Gateway to EU
Market of 450 million consumers. 79% of Europe's GDP is within
a 500 miles radius of Luxembourg. It is one of Europe's most
dynamic regions, commercially neutral and offers a large
regional labor pool. Financial Services is one of the Key sectors
in the Luxembourg Economy. It comprises 142 banking
institutions including major US and Swiss banks. It has also
developed itself as a financial hub for Asia, the Middle East and
Latin America. There are around 3,322 investement funds in
Luxembourg. Luxembourg is also a key player in the ICT &
Media Services sector. A few major players in the ICT sector are
SES, RTL, Millicom Cellular International, Rakuten (Japan),
Vodafone (UK), Apple iTunes, Skype, eBay, PayPal. Luxembourg
is also a popular economy for the Manufacturing and Logistics
sector. A few big foreign companies in these sector are
ArcelorMittal, Goodyear, DuPont, Guardian Industries, Delphi,
Ferrero, Cargolux, China Airlines, Kuehne & Nagel. The major
reasons why Investors choose Luxembourg for Investment
purpose is that the Economy offers Political, economic & social
stability, Legal predictability, Easy access to authorities,
Business consultation & tradition of dialogue, Quick decision
making. Luxembourg also offers a very competitive Tax
environment. The Corporate Income Tax is 29.63% which is to be
reduced progressively to 25.50%. The Value Added Tax charged
is 15% which is the lowest rate in the EU. Also the personal
income tax charged is 38.65% which is among the lowest in EU
& OECD countries. 80% of net revenues from certain IP revenues
exempted, including from software patents, trademarks,
designs, royalties & Internet domain names. For its citizens
Luxembourg offers a totally safe & secure place to live. It enjoys
a high standard of living and relatively low cost of living. It has a
Cosmopolitan environment, Linguistic and cultural diversity,
International schools and Cultural, sports & leisure
infrastructures.
The Interactive Meeting ended with a Vote of Thanks by Mr.
Anupam Johri, Vice-President, The Council of EU Chambers of
Commerce in India. He thanked the Ambassador for presenting
a wonderful overview about the Economy of Luxembourg and
the emerging business opportunities there.
Interactive Meeting with H.E Mr. Janusz Wach, Consul
General of the Republic of Poland
The Council of EU Chambers of Commerce in India hosted an
Interactive Meeting of its members with H.E Mr. Janusz Wach,
Consul General of the Republic of Poland on November 25,
2011 held at Four Seasons Mumbai.
His Excellency gave an insightful overview about the Polish
Economy. From Business Perspective, Poland gives an access
to 250 million people within its 1000 km radius. Poland has a
population of 38 million and is the 6th most populated nation in
the EU. Poland is a member of EU, NATO, OECD, WTO,
Schengen Zone. Its been 2 decades of change since the
Balcerowicz Plan was introduced in 1989 which freed the Polish
markets through the deregulation. The adaptation of new
technologies and accession to the OECD, NATO and EU, have
taught Poles to tackle a change. Poland was also one of the 24
founding members of the United Nations. Poland has
experienced a 7 fold rise in GDP since 1990 and 15 times
growth in its Foreign trade since 1990.
Bilateral trade between India and Poland
There exists lot of potential for growth in trade between India and
Poland. The trade potential between both the countries is not
fully tapped and there exists good opportunity for growth in trade
and business between both the nations. A few important
companies from India present in Poland are Arcelor-Mittal,
Videocon Group, Eskorts Farmtrac Tractors Europe, Strides
Arcolab; Reliance Industries, Berger Paints India, KPIT
Cummins, Zensar Technology; Genpact, HCL Technologies,
Infosys, WIPRO, Irena, Intelenet Globar, CSS. Tata Motors, Tata
Mr. S.K. Saraf, President and Dr Renu Shome, Director of the
Council of EU Chambers of Commerce visited New Delhi between
November 28 and 29, 2011. The objective was to increase the
recognition of the Council, establish goodwill and seek support
from dignitaries related to EU-India relations. During their two- day
visit they made courtesy calls on following Ambassadors and
Diplomats:
BELGIUM- H. E. Mr. Pierre Vaesen, Ambassador, Mr. Mathias
Bogaert, Counsellor (Economic Affairs) and
Mr.Jean-Pierre MULLER, First Secretary-Trade & Investment,
Embassy of the Kingdom of Belgium
GERMANY- Cord Meier-Klodt , Acting Ambassador( Charge
d'Affairs) and Mr. Raf Mildebrath, Minister Counsellor, Head of
Economic and Commercial Section, Embassy of the Federal
Republic of Germany
EUROPEAN UNION- Mr. Pavel Svitil, Minister-Counsellor, Deputy
Head of Delegation and Mr. Peter Young, Head of the Trade &
Economic Affairs , Delegation of the European Union to India
DENMARK- H. E. Mr. Freddy Svane, Ambassador, Royal Danish
Embassy
ROMANIA- H. E. Ms. Valerica Epure, Ambassador and Mr Marius
Roman , Economic Counsellor, Embassy of Romania
SLOVENIA- Mr. Janez Premože, Ambassador and Ms Mojca
Hrovatiè, Minister Plenipotentiary (Economic Affairs), Embassy of
the Republic of Slovenia
SLOVAK- H. E. Mr. Marian Tomasik, Ambassador, Embassy of the
Slovak Republic
SPAIN- H. E. Mr. Javier Elorza, Ambassador, Embassy of Spain
SWEDEN- H. E. Mr. Lars-Olof Lindgren, Ambassador, Embassy of
Sweden
Major outcome of the Meetings:
BELGIUM
The Council of EU Chamber will look into the possibility of opening
the India Trade Centre (ITC) in Liege, the largest metropolitan area of
Wallonia Province, Belgium which is being projected as an
important logistic hub of Western Europe. The local authority of
Province Wallonia is providing several incentives for attracting
business and investment. Liege. This will increase exports to EU
countries and more particularly to Western Europe. ITC will provide
assistance and facilities to Indian exporters particularly from SME
sector to reach the markets of Western Europe.
Ambassador suggested getting in touch with his colleague
Mr. Eduard Van Kleunen at the Belgium Consulate General in
Mumbai and working out the details,
Tetley, Tata Consultancy Services, Jindal Stainless Ltd. India's
Foreign Direct Investment in Poland has grown from 14.1 million
USD in 2005 to 44.3 million USD in 2009 whereas the Polish FDI
in India has grown from 5.3 million USD in 2005 to 141.8 milion
USD in 2009. Poland's export to India was to the tune of 334.23
million USD in the year 2010 whereas imports from India were to
the tune of 977.36 million USD in 2010. Polands major exports to
India are Base metals and articles of base metal (iron and steel),
Machinery and mechanical appliances, Products of the
chemical or allied industries. Poland's major Imports from India
are Textiles and textile articles, Products of the chemical or allied
industries, Machinery and mechanical appliances, Mineral
products, Vehicles and associated transport equipment.The main areas of potential co-operation between India and
Poland are Non- conventional energy source (solar & wind
energy & bio-fuels & shale gas, Environment protection (water
management, waste-water purification), Mining and
infrastructure equipment (port equipment), Chemicals
(inorganic, organic, dyestuff, pesticides), Industrial products
(machines & technological equipment, auto and electrical
components), Information technology (hardware & software &
BPO), Health care (pharmaceuticals, medical equipments),
Agriculture (dairy products, milk processing equipments,
agricultural products).
There are many state aid provided for setting up businesses in
Poland. The forms of state aid in Poland are Government grants
through individual negotiations individually approved and
granted based on the Council of Ministers' Resolution, CIT
exemption in Special Economic Zone only available in Special
Economic Zone (SEZ), Real estate tax exemption subject to
negotiation with the local authorities only in case if the investor is
the owner of the building(provided by the Commune Council),
Cash grants available through EU Funds. The reasons why
people prefer to choose Poland an attractive destination from
investment perspective, it has one of the most dynamic capital
market, great human potential, it enjoys a very good position in
Europe as far as reading market is concerned. Since 2008,
Poland has undertaken a National Privatisation Programme. The
Programme comprises over 800 companies. Currently, there are
14 SEZs in Poland, each consisting of several subzones. The
purpose of SEZs is to support regional development. The Total
area of all SEZ is 20, 000 hectares. The SEZ's will operate until
2020 and the minimum investment is EUR 100,000.
The Interactive Meeting ended with a Vote of Thanks by Mr. S. K.
Saraf, President, The Council of EU Chambers of Commerce in
India. He thanked the Consul General for presenting a wonderful
overview about the Polish Economy and the emerging business
opportunities there.
7 6
CHAMBER’S ACTIVITY CHAMBER’S ACTIVITY
L to R: Dr.Ing.Benno Lueke, Vice – President, EU India Chambers, Mr. Tomasz Wisniewski, Consul for Economic Affairs, H.E Mr. Janusz Wach, Consul General of the Republic of Poland,
Mr. S. K. Saraf, President & Dr. Renu Shome, Director, EU India Chambers
Page 6
ROMANIA
Ambassador mentioned about the Romanian- Indian Economic
Joint Committee Meeting to be held in Bucharest early next year.
She requested Council to help in mobilizing the participation of
Indian Companies interested in doing business with Romania by
participating in Business Forum.
SLOVENIA
Ambassador mentioned about the officially launch of Honorary
Consul for Republic of Slovenia in Mumbai very soon. Mr Sanjay
Patel has been appointed as Honorary Consul.
SWEDEN
Ambassador informed about the presence of Swedish Trade
Council India and Swedish Chamber Of Commerce operating from
embassy. He requested to get in touch with them and agreed to
provide their details. The Swedish Trade Council in India supports
Swedish companies wanting to establish themselves, or grow, on
the Indian market. The Swedish Chamber is an independent, non-
profit networking organization with the mission to promote Swedish
commercial interests in India. Member companies include the vast
majority of the large Swedish companies and a number of small and
middle sized companies operating in India.
Meeting with Mr Rajeev Kher, Additional Secretary, Department
of Commerce, Government of India
President briefed about his plan to organize an exhibition abroad
and requested for consideration of financial support from
Government under a Marketing Development Assistance (MDA)
Scheme which is under operation through the Department of
Commerce to support the export related activities. In response Mr
Kher mentioned the proposal can be sent to him for consideration
Meeting with the Northern Region Members of the Council ofEU Chambers of Commerce in India
A Meeting of Delhi and surrounding areas based members was
convened to discuss the activities which could be undertaken by the
Chamber to benefits the members. After the discussion it was
unanimously decided to appoint Convener & Co- Convener for the
northern region of the Chamber. This will help to understand the
needs of its Member Companies better and extend its support and
co-operation in the best possible way.
Mr. Shivaz Monga, Executive Director, Emmsons International
Limited has been appointed as the Convener and Cavalier
Surendra Kumar, Partner, Pi-Tech Services and Mr. Rajeev Kamal,
CEO, Raymus Conventions and Travels as Co-Conveners for its
Chapter in North India. The Appointed Convener and Co-Conveners
have a vast experience in the field of International Trade and
Business Development.
GERMANY
There was a suggestion from officials of German Embassy that they
have colleagues in embassy who are working on various sectors
and they can be contacted for Council's Sectoral Committees for
e.g. Mr. Jan-Axel Voss, Counselor deals with questions of energy
efficiency, renewable as well as climate change, environmental
policy incl. biodiversity and clean development mechanism and
Mr. Ulrich Meinecke, Counselor deals with questions of vocational
training, skills development and social questions. In terms of
international trade committee they would be interested in updates in
particular as to negotiations on the EU-INDIA Free Trade Agreement
from the Council.
DELEGATION OFFICE
It was requested to Delegation Office to provide the list of various
Chambers of Commerce located in the different EU Member States
and also involve Council of EU Chamber in organizing major
activities related to Indo-EU trade & business. The officials
informed that upcoming Business Summit, which will take place at
the same time as the next EU-India bilateral Summit on February
10, 2012, which is being jointly organised by CII (backed by FICCI)
on the Indian side and Business Europe on the European side. They
agreed to provide the details of Business Europe with whom EU
Chamber can get in touch. Also President discussed about the
proposed plan of Chamber to organize a joint Seminar on Renewal
Energy in March 2012 with European Business & Technology Centre
(EBTC). The delegation officials agreed to provide support to
proposed programme.
They also informed that the EU Delegation website has included a
link to the Council of EU Chambers from the "Doing Business in
India" page of the website “
(http://eeas.europa.eu/delegations/india/eu_india/trade_relat
on/doing_business_in_india/index_en.htm)
Apart from briefing about the activities of the Chamber, President
also talked about the availability of space at the Chamber which
could be utilized as temporary office, address facility including
receiving mails and communications and helping in setting up
business in India. DENMARK
Ambassador informed about the presence of The Confederation of
Danish Industry and The Indo-Danish Business Association
(IDBA) in New Delhi.
The Confederation of Danish Industry is the premier lobbying
organization for Danish businesses on national and international
issues and The Indo-Danish Business Association (IDBA) was
created with the vision of strengthening and deepening the
commercial relations between Denmark and India. He requested
Chamber to get in touch with them and agreed to provide their
details.
The Council was offered complimentary booth and the Exhibition
was represented by Cavalier Surendra Kumar, Partner, Pi-Tech
Services and Mr. Rajeev Kamal, CEO, Raymus Conventions and
Travels who were recently appointed as Co-Conveners for
Northern Chapter of EU Chambers of Commerce in India. It was
one of the Largest Exhibition on Architecture, Building Material &
Construction Design held in recent times. The exhibition was
primarily for Architects, Builders, Interior Designers and related
professionals and individual prospective/house owners looking
to upgrade their knowledge on renovating their homes. Large
sized hoardings illustrating the various aspects of life and of
building construction surrounded all the pavilions. Thousands of
visitors, including builders, designers, architects, and the end-
users attended the fair. Many of the exhibitors had huge stands
related to modern building materials and products meant for use
in hotels, restaurants, buildings, and households. The tenor of the
fair showed the rising spending capacity of modern India and the
change in taste of the people for modern things.
Appointment of Convener and Co-Conveners for Northern
Chapter of the Council of EU Chambers of Commerce in India
The Council is happy to inform that it has started a Chapter in
Delhi representing the Northern India Region. The Council has
appointed Mr. Shivaz Monga, Executive Director, Emmsons
International Limited as Convener and Cavalier Surendra
Kumar, Partner, Pi-Tech Services and Mr. Rajeev Kamal, CEO,
Raymus Conventions and Travels as Co-Conveners for its
Chapter in North India. The Appointed Convener and Co-
Conveners have a vast experience in the field of International
Trade and Business Development. The Council believes that this
initiative will help it to understand the needs of its Member
Companies better and extend its support and co-operation to its
Members in the best possible way. The Convener/Co-Conveners
c a n b e c o n t a c t e d t h r o u g h e m a i l o n
[email protected] .
ACETECH Exhibition at Pragati Maidan on December 16-18
2011 at New Delhi
The Council of EU Chambers of Commerce in India took part in
the ACETECH Exhibition at Pragati Maidan, held on December
16, 17 and 18, 2011 at New Delhi. The Ace Tech Expo 2011 was
presented by Economic Times.
9 8
CHAMBER’S ACTIVITY CHAMBER’S ACTIVITY
THE COUNCIL OF EU CHAMBERS OF COMMERCE IN INDIAAdvertisement Tariff- Business Pulse
Size of Publication: 8.25”x11.75” (A4) | Size of Advertisement: 7”x11”Advt. Material Requirement: Soft Copy-PDF or CDR Format with CTC Fonts
Position (Rs.)
Full Page 15,000 60,000
Second Cover 25,000 100,000
Inside Back Cover 25,000 100,000
Central Spread (2 Pages) 40,000 160,000
Back Cover 35,000 140,000
Single Insertion(Rs.) Six Insertion
For Details contact: Dr. Renu Shome (Director)
The Council of EU Chambers of Commerce in India | 3rd Floor, Y. B. Chavan Centre,Gen. J. Bhosale Marg,Nariman Point,Mumbai – 400 021
Tel: 22854563/22876012 (D) • Fax: 22854564 • Email: [email protected]
The Council is happy to Announce that Mr. Harsh Jajoo, President & CEO, Can Pack India Pvt. Ltd. &
Governing Board Member of the Council representing the Indo- Polish Business Committee & has won the
prestigious Praj Maha-Intrapreneur Award. The Award was instituted by Praj industries Limited in
2008.The award in its 4th year endeavors to recognize individuals with Intrapreneurial skills within industry,
NGOs and government organizations, who undertake the responsibility of converting ideas into profitable
ventures. Intrapreneurs are those managers who are result-oriented, ambitious, rational,competitive, with
high risk taking ability and inquisitive mind. The Council wishes Mr.Jajoo its heartiest congratulations and
hopes he continues on his path of success and excellence.
Achievement
Mr.Harsh Jajoo
Page 7
National Economics
In the context of economic development in Europe, Austria can
boast above average growth and one of the highest employment
rates. Austria is among the most stable countries in the world.
Inflation rates are low, the increase in national debt has been
succesfully reduced and there the target of a balanced budget is
within reach. An array of measures have been implemented to
stimulate growth through liberalisation and privatisation and to
secure the fu ture through socia l system reforms.
Austria has been a member of the European Union since 1995 and
is fully integrated into the common market. GDP (Gross Domestic
Product) per capita is at EUR 34,120 (2010 nominal), putting Austria
under the top ten within the EU as well as world-wide.
For 2011 a 3.2% increase of Austria's GDP is predicted.
Foreign Trade
2010 was a prosperous year for Austria's foreign trade after the
massive fall in 2009. Both imports and exports grew by
approximately 16% in comparison to the previous year but have not
recovered to their 2008 highs. The trade deficit has, however,
increased to €4.26 billion.
In 2010, exports from Austria increased by 16.5% to €109.19 billion.
Austria's main destinations for Exports are Germany, accounting for
32% of total exports from Austria, Italy (8%), Switzerland (5%) and
the USA (5%). Europe is the destination of 82% of Austria's total
exports. Asia accounts for another 9% (30% of which goes to China,
10.5% to Japan and 6.7% to India) and America for 7% of the total
(65% of which goes to the USA).
Imports to Austria increased by 16.3% to €113.45 billion in 2010.
The Republic of Austria (Republik Oesterreich) is located in
southern Central Europe. With an area of 84,000 sq. km and 8.4
million population, it encompasses the Eastern Alps (2/3rd of its
area) and the Danube Region. Austria has been at crossroads of
travel routes between the major European economic and cultural
regions. Austria is land locked, sharing borders with 8 countries:
Germany, Czech Republic, Slovakia, Hungary, Slovenia, Italy,
Switzerland & Liechtenstein. Austria is a federal state comprising 9
provinces: Burgenland, Carinthia, Lower Austria, Salzburg, Styria,
Tyrol, Upper Austria, Vienna and Vorarlberg.
Climate
The average temperature in summer is around 20°C with maximum
temperatures of around 35°C. In winter temperatures can be as low
as –15°C, although the average is around -4°C. There can be
especially heavy snowfall in the mountain regions. Highest rainfall is
in May and June.
Bodies of Water
The most important waterway is the Danube. The largest lake is the
Neusiedel Lake in Burgenland - around 77% of its total area of 315
km² is in Austria, the rest is part of Hungary. The Attersee Lake has
an area of 46 km², the Traunsee is 24 km². Also a part of Lake
Constance (Bodensee), 24 km², lies in Austria (from a total area of
536 km²).
Raw MaterialsThe raw materials mined in Austria are Iron ore, Lignite (brown coal),
Crude oil and natural gas, Magnesite, Silica sand Gypsum, Lead
and zinc ore, Graphite and kaoline.
Salt mining also plays a significant role and another key raw material
from Austria is wood.
Salzburg : Electrics, wood and paper, nationalservices in wholesale and transport.
Vorarlberg : Textilies, clothing.
Carinthia : Wood, pulp and paper industry.
Styria : Automobiles, iron and steel, manufacturing.
Tyrol : Glass, Wood.
Vienna : Financial Services.
Science and Technology
Innovation is a priority for Austria and their expenditure on research
and experimental development (R&D) in 2011 increased by 5.0%
over 2010 to reach 8.29 billion Euros. This is 2.79% of Austria’s GDP.
The private sector finances the largest part (44.6% or 3.70 billion
Euro) while the public sector will contribute 38.7% or approx 3.21
billion Euro. Of this, the federal government will finance 2.73 billion
Euro, the regional governments around 394 million Euro and local
governments, chambers and social security institutions will
contribute about 87 million Euro. 16.2% will be financed from
abroad and 0.4% (approximately 35 million Euro) comes from the
private non-profit sector. The funds from abroad (ca. 1.34 billion
Euro) originate mostly from international enterprise groups whose
domestic affiliates in Austria perform R&D. This also includes
backflows from the EU R&D Framework.
INTERNATIONAL RELATIONS
Austria is not only a member of many international
organisations, it also hosts their headquarters. This underlines
the importance of Austria and Vienna with regard to
international relations.
Membership of International Organisations
Austria has been a member of the European Union (EU) since
1.1.1995. In addition Austria is also a member of the following
organisations: UN (United Nations), World Bank Group, OECD
(Organisation for Economic Co-operation and Development),
OSCE (Organisation for Security and Co-operation in Europe),
WTO (World Trade Organization) / GATT (General Agreement on
Tariffs and Trade), IMF (International Monetary Funds), WHO (World
Health Organisation)
Main origins of imports are Germany, which is the source of 44.82%
of Austria's total imports, Italy (7%), Switzerland (5%) and China
(5%). 83% of Austria's imports come from Europe, 11% from Asia
(45% of which is from China, 14% from Japan and 7% from
Kazakhstan) and 4.3% from America (68% of which comes from the
USA).
Export Economy
As Austria is an industrial country with a small domestic market, theexport economy is particularly important.
2010 saw moderate growth for Austrian exports with a rise of 16,7%.
The value was therefore EUR 109.4 billion and the export quota
(product and service exports as a percentage of GDP) was at
55,3%. In comparison to the previous year imports also increased
and are at EUR 113.7 billion. The most important product groups for
export are Mechanical engineering and terotechnology, Vehicles
and automotive parts, Medical and pharmaceutical products, Iron,
Steel and metal goods, Paper and cardboard.
Austrian exports are also heavily influenced by service exports, withtourism taking first place in this sector.
Industrial Sectors
The most important industrial sectors in Austria are Food and
Drinkindustry, Mechanical and Steel Engineering, Chemical and
Automotive industry, Electrics and Electronics industry and Wood,
Pulp and Paper industry.
The majority of Austrian goods exports come from these industrial
sectors.
Trade Partners The most important trade partners are Germany, Italy, Switzerland,
USA and France.
Austria's proximity to Central and Eastern European states is a key
factor in the increasing significance of trade and the economic
networking with these countries. The share of Austrian exports in
these regions reached 17,8% in 2010.
Key regional sectors
The key economic sectors for each region:
Upper Austria : Iron, steel, chemical and mechanicalengineering.
Area : Capital :
Population : 8.375 million Currency : Euro
Official Language : German Geographic Coordinates : 47.20 N, 13.20 E
Head of State : President Dr. Heinz Fischer GDP-composition Sector-wise - Agriculture 1.9%;
GDP per capita - € 33,850 (2010) Industry28.7%; Services : 69.4% (2010)
83,858 sq.km. Vienna
FACT SHEET
1110
COUNTRY FOCUS - AUSTRIA COUNTRY FOCUS
Schönbrunn Palace (Vienna),
Hohensalzburg Fortress Salzburg
Prater with Giant Ferries Wheel
Vienna Opera House
Austria
Page 8
Most important import products from India:
Engineering products and Vehicles 27%
Clothing and Accessories 24%
Chemical Products, Pharmaceuticals & Plastics 15%
Textiles 8%
Shoes 7%
Food 4%
Others 15%
Austrian companies / Joint-Ventures in India (Put side by
side in bullet points or numbers)
•Electromechanical equipment, turbines•Engineering services
for the steel sector • Production of turnouts and switches
•Production of industrial boilers • Research for engine
development and emission measuring • Automotive
transmission, automotive engineering • Production of
automotive wires • Production of pearls • Production of wind
generators • Railwaytrack-maintenance machines • Production
of printed circuit boards • Production of electronic chips Special
alloy tools • Road tolling systems • Austrian Airlines (Vienna –
Delhi, Vienna – Mumbai) • Trenchless relining of drainage
systems and canals • Waste-to-energy cogeneration •
Pharmaceuticals • Brick production • Food additives
Since 1959, over 200 collaborations, including 100 technical
collaboration more than 100 joint venture agreements/
subsidiaries between the two countries at present.
Some of the recent Joint Ventures and subsidiaries are:
•ALPLA-Werke Alwin Lehner GmbH & Co.KG with Yodeva
Plastics Pvt. Ltd.•Jafra with Farida •Elin EBG Motoren GmbH
with Suzlon Energy Ltd. •Magna Donnelly with Lumax
Trends in Investment & Trade and Future Prospects
between Austria and India
I. Indo-Austrian Trade
2009 (Euros) 2010 (Euros)
Austrian Exports 560.4 mn. - 8,8% 654,9 mn. +16,9%
Austrian Imports 439.4 mn +5,3% 483.2 mn. +9,9%
Trade Volume 999.8 mn. 1,1bl
* advanced estimates
Austria – India External Trade 2004 - 2010
Austria's most important export goods to India:
Engineering Products and Vehicles 50%
Iron and Steel15%
Chemical Products, Pharmaceuticals & Plastics 12%
Mineral Products 6%
Meters, Test Equipment, Control Devices 4%
Others13%
• The Amalgamated Bean Coffee Trading Company Ltd
(ABCTCL), which owns the popular retail chain, Café Coffee Day
opened its fourth outlet in Vienna. Wipro Technologies acquired
the Austrian firm NewLogic, a semiconductor design services
company.
• India's Shilpa Medicare bought Austria's LOBA Feinchemie,
specialist in active pharmaceuticals ingredients, organic
intermediates and biochemical diagnostics.
• Maini Precision Products (MPP) recently completed the
acquisition of Austria based Mec.com and its subsidiary Precis
metal based in Zilina, Slovakia through Maini Precision Products
Holding in Spain
• Club Mahindra Holidays made its first overseas acquisition by
buying the 97 room 4 -star Hotel Bon Alpina in Innsbruck.
High Potential Business Cooperation Areas
• Automotive • Railways • Infrastructure (energy, tunnelling,
bridges) • Iron & Steel • Food Processing • Garments/Textiles
• Chemical/Pharmaceuticals/Plastics • Tourism
High Potential Product Areas For Cooperation
•Machinery/plants &equipment •Automation /control / testing /
measuring • Special steel/metals•Electrical Eng. &
Electronics•Technical Know-how•Green Technologies /
Alternative Energies •Waste Management
New Forms Of Cooperation
Besides the traditional exports/investments there is a lot of new
and unutilised potential in Austro-Indian trade relations that in
the form of new cooperation such as
•Technology transfer •Joint production and marketing in India
and in third countries •Joint R&D •Network building •BPO/KPO
Automotive Systems. •Palfinger with Western Auto L.L.C
(Dubai) •Wipro Technologies have taken over Austrian high-
tech company NewLogic •Café Coffee Day is opening three
more outlets in Austria •Wienerberger aunches first Indian
manufacturing unit •Cargo-Partner for logistics •Ebner India
Pvt. Ltd. opens in Mumbai •Advantage Austria opens
commercial office in Dhaka •Alba Tooling and Power Spack •
Geoconsult opened office in Gurgaon • Bohler India opens
New Warehouse in Khopoli •W&H Gruppe established
subsidiary W&H India •Weiss/Rohling with Tricon
„Weiss/Rohlig India Pvt Ltd“ in Chennai •Julius Blum with
Haefele India Pvt. Ltd. in Mumbai •Trodat opens subsidiary in
Gurgaon, New Dehli “Trodat Marking India Pvt. Ltd” •MHM
Siebdruckmaschinen with M-Tex “MHM India Pvt. Ltd”,
Mumbai •Wilhelm Gottschligg Ges.m.b.H. opens office in
New Delhi •Anton Paar establishes subsidiary in Gurgaon
“Anton Paar India Private Limited” • ALBA Tooling with Power
Spack Pvt. Ltd. •Angerlehner opens up production facility in
Kolkata • Aichelin with Partner Unitherm Engineers Ltd
•Gebauer und Griller opened production unit in Bangalore
•Liebherr establishes subsidiary in Mumbai “Liebherr India
Private Limited”
Austrian FDI in India: EUR 248 million (2010).
Indian Investments in Austria
• The Indian Samvardhana Motherson Group acquired 80% of
the German automotive supplier Peguform Group from Austrian
Cross Industries AG.The value of the transaction is €141.5
milllion
• Bajaj Auto International raised its stake in Austrian KTM Power
Sports in an attempt to tighten its grip on Europe's second-
largest power sports bike manufacturer.
1312
COUNTRY FOCUS COUNTRY FOCUS
50%
15%
12%
6%
4%
13%
27%
15%
8%
7%
4%
15%
24%
Page 9
Trade and Industrial cooperation have emerged as the
paramount facet of the bilateral relationship. The trade turnover
crossed Euro 1 billion in 2008 – two years ahead of the target
year of 2012 set during President Fischer's visit to India in 2005,
when the figure was Euro 577 million. In 2011 the trade volume
is estimated to exceed Euro 1.3 billion. This increase, especially
during the economic crisis years, shows the remarkable
strength and resilience of our commercial ties.
2. What are the economic sectors in which synergies
already exist and have potential for co-operation for mutual
benefit? What are the emerging sectors of co-operation
between the two countries?
There exist significant complementarities in the strengths of both
countries. While India can benefit from Austria's expertise in
high-tech and clean energy technology, infrastructure, railways
etc., India's considerable strength in the fields of automotive,
pharmaceuticals and IT can be advantageous to Austrian
companies. Our economic and commercial relations are
continuously growing, though they remain much below the
actual potential. Bilateral investments at present are quite low
and have great scope to grow as the business communities of
the two countries engage constructively and more regularly with
each other. Austrian companies can profitably invest in India to
both tap the Indian market as well as to use India as its base for
exports to other countries. Several Austrian companies have
already started benefitting from making early investments in
India.
3. What is your opinion on the Cultural Relations between
Austria and India?
India and Austria are both endowed with rich cultural heritage and there is increasing mutual appreciation of each-others'
1. How have the Bilateral Relations
between Austria and India evolved
over the past decade? How is the
relationship at present?
India and Austria enjoy cordial relations,
the firm foundation for which was laid by
the first generation of political leaders of the two countries. India
and Austria share common values and principles such as the
commitment to democracy, rule of Law and pluralism; both
nations have shared common platforms in multilateral forums in
the common interest of peace and disarmament. The strong
basis of our ties has been built upon and consolidated through
political, economic and cultural exchanges.
A reflection of our expanding ties and growing proximity was the
recent highly successful State visit of Hon'ble President of India
to Austria from October 4-7, 2011. The tone and content of the
deliberations illustrated our close mutual understanding and
established the framework for continued cooperation in wide
range of issues.
Economic cooperation has expanded over the years with a
steady increase in trade as well as numbers of joint ventures
established in India by Austrian companies, including many with
cutting-edge niche technology in areas of interest to us,
particularly in the field of infrastructure (e.g. high altitude
tunneling and railways). Since the signing of the first Indo-
Austrian industrial collaboration in 1956 (for supply of steel
manufacturing technology for the Roukela Steel Plant), the
number of Austrian companies doing business in India has risen
to approximately to 65 with 150 having a representative office in
India in various sectors. During the Presidential visit a MoU in
the field of Railways was signed which will enable technology
transfer to the Indian Railways. We are exploring new areas of
cooperation in diverse areas such as health, roads and science
and technology.
India, a high level business delegation from India engaged
substantively with over a hundred Austrian companies under the
aegis of the Federal Economic Chamber. Frequent exchange of
trade and business delegations is the best solution to
anyidentified challenges or difficulties. The Indian Mission in
Vienna has made efforts to bridge information gaps and
facilitate contacts between business representatives.
6. Could you describe your interaction with your Austrian
Counterparts?
As part of my assignment, I have had engagement with
Austrians in different capacities – political leaders, business
representatives, cultural personalities, scientists and
academics, civil society - representing a cross section of the
citizens of this country. I have invariably found them to be most
helpful and cooperative and well-disposed and interested in
India. In my travels outside Vienna, I have found similar
sentiments expressed towards India and Indians. This gives me
confidence that our relationship is deep rooted and will flourish
in the years to come.
history and traditions. For instance, there is a large following in
Austria for Yoga and Ayurveda ; Indian music, dance and art find
a receptive audience in Vienna and other cultural centres of this
country. Indian cinema, too, has acquired popularity and the
Tirol region has been discovered as a locale for Indian films for
its scenic beauty. Austria is renowned for its opera, classical
music and theater. This not only attracts Indian tourists to
Vienna but has enabled larger number of performances in
different cities of India by Austrian artists, orchestras and
performing art groups.
In 2011 Indian Council of Cultural Relations established a Chair
of Indian Studies at the University of Vienna. This should give a
fillip to academic exchanges.
4. There are a lot of protests faced by both governments on
the finalization of the EU India Free Trade Agreement. What
is your opinion on the FTA? Are you optimistic about the
outcome? How do you think the FTA would impact trade
relations between India and Austria?
The India-EU Broad-based Trade and Investment Agreement
(BTIA) is an advanced stage of discussion. I am convinced that
the finalization and implementation of this Agreement will serve
the common interest of India and the EU alike. It should impart
further dynamism to the positive trends in the overall trade and
investment relationship with Austria.
5. What are the challenges faced by Austrian and Indian
companies while doing business with each other and what
are the measures taken to meet them?
Austrian and Indian companies have several forums to engage
in discussions on any hurdles or difficulties in doing business
with each other. Most recently, during the visit of the President of
15 14
DIPLOMATS CORNER DIPLOMATS CORNER
H.E. MR. DINKAR KHULLAR
AMBASSADOR OF INDIA TO AUSTRIA
Ambassador Dinkar Khullar and Secretary of Textile, Ms. Rita Menon, at the official opening of the
Festival of India, March 2011 in Vienna
President Prathibha Patil with Austrian President (first on the left) and Governor of Salzburg (to the left of the Indian President)
during State Visit to Austria in October 2011.
Rajasthani Dance Performance at the opening of the Festival of India, 2011 at the Ethnological
Museum, Vienna
MOU Signing Ceremony
President of India and Austria with Indian Business Delegation
Page 10
Rashid Al Leem, Director General Sharjah Department of Seaports & Customs and
Hamriyah Free Zone delivered an inspiring speech at the 2nd International Greentech
and Eco Products Exhibition and Conference Malaysia (IGEM 2011) at Kuala Lumpur
Convention Centre last month. He was the key speaker in the panel discussion
‘Breakthrough in search of the Green Tipping Point –Business versus Sustainability’ on
the first day at the conference.
IGEM is the primary forum for sustainability in Malaysia created by the government to
foster the development of green economy in the country and the region. Set as an
annual event, IGEM seeks to create a vibrant mix of opportunities to help spur industries
and institutions to adopt green technology and boost eco-technological innovations in
the field of eco-design, eco-materials, eco-products and low carbon green
technologies. It also provides a venue for green product buyers and sellers to interact
transact and forge new partnerships and cross border collaboration.
HFZA Director General’s speech focused on the importance of having a global
perspective when thinking through energy-efficient solutions, the challenge to make
businesses and industry as “green” as possible, and the reasons why “sustainability” is
here to stay as a fundamental component of business strategy.
Using Hamriyah Free Zone as an example, Al Leem mentioned the high preference and importance to green sustainability
given at the Free Zone. He also discussed his own model of sustainability by sharing some of the innovative and unique
green and eco-friendly practices he has introduced at the Free Zone.
“HFZ’s current business model has been shaped in thought and practice by adherence not only to Profitability, Society and
Environment – the common triple line philosophy, but includes two more pillars – Religion and Culture, to achieve its goal of
being a truly holistic sustainable Free Zone and to create timeless principles for future generations,” he said.
Sharing some of the green practices he has introduced at the Free Zone, Al Leem said, “We urge companies based at our
Free Zone to start their green strategy with ‘low hanging fruit’ projects, such as replacing light bulbs, launching recycling
programs and choosing more energy efficient technology. These early efforts don’t cost much to implement, get
employees engaged with green ideals and deliver quick results.”
“I feel happy when companies report that these first waste reduction programs created savings early on that paid for future
programs and turned their sustainability program into a moneymaking enterprise,” he said.
Sharing HFZ’s strategy towards becoming a sustainable Free Zone, Al Leem said, “We have created our own “Green Team”
and “SHE-Q club” to create awareness on sustainable practices in the Free Zone. Both organizations have made major
inroads within a year in reaching out to both the QHSE professionals and also to the Grass Root Community in HFZ,
eventually transforming itself into a Change Agent for achieving QHSE & Social Excellence and thereby adding a great
value to both Hamriyah Free Zone and the emirate of Sharjah on a whole. We also support all green growth initiatives of
United Nations.”
Hamriyah Free Zone’s commitment to the sustainable development is long established – this year, HFZA Director General
was given the ‘Global Climate Change Champion’ award for his efforts to make HFZ one of the greenest Free Zone.
Likewise HFZ also awarded ‘Green Excellence Award – 2011’ to its investor companies excelling in green economy and
sustainable development.
“Go Green, Think Green, Act Green”Rashid Al Leem calls for sustainability innovations at IGEM 2011 in Malaysia
Rashid Alleem on “Sustainability in Hamriyah” during the 2nd International
Green Technology & Purchasing Conference 2011, Malaysia
17
Page 11
conditions for mutual business co-operation in the automotive
industry.
3. What are the challenges faced by Austrian and Indian
companies while doing business with each other and what are
the measures taken to meet them? What is your opinion on the
Cultural Relations between Austria and India?
On the one hand Austrian businessmen often mention obstacles
such as bureaucracy, lack of transparency, infrastructural bottlenecks
as well as hindered law enforcement as burdens when doing
business in India.
On the other hand it might be a big challenge for the Indian business
community to deal with the lack of understanding of the complexity
(size and distances within the country, cultural differences, etc...) and
pace (e.g. Austrians are known for their rigid adherence to time limits
etc..) of the Indian business environment.
What it mostly boils down to are the cultural differences between our
two countries. Just to give a few examples, we.
•Communicate differently, which can lead to misunderstandings to
the point of offence
•Have different ways of taking-in, storing and sharing information
•Have different ways of accepting and passing criticism, either
positive or negative
•Value religion, family differently when they interfere with our
business life etc.
Cultural differences are obstacles not to be underestimated.
However, I am convinced that if we learn from each other and take the
best from each other's culture we can make any collaboration a
success.
4. There are a lot of protests faced by both governments on the
finalization of the EU India Free Trade Agreement. What is your
opinion on the FTA? Are you optimistic about the outcome? How
do you think the FTA would impact trade relations between India
and Austria?
Conclusion of an agreement such as the FTA would considerably
reduce the entrance barriers and enable market access on both
sides: bilateral trade between our two countries might even double
within five years.
We have high hopes that the negotiations will be concluded in the first
half of 2012.
But – FTA or not – our trade is flourishing: From January until
September this year, Austria exported goods worth EUR 612 million –
judging from this development we are confident that Austria's exports
to India will touch the 1 billion mark by 2013.
5. Can you tell us about Austrian investments in India and Indian
investments in Austria and the incentives provided for Indian
investors?
Today there are more than 100 Austrian subsidiaries and joint
ventures in India, with a total investment of around EUR 250 million. Several Indian companies like Cafe Coffee Day, Bajaj Auto Ltd. and
Wipro Technologies have, in turn, invested in Austria.
6. What are the similarities in ideologues between Indian and
Austria?
India and Austria cannot be more different – however, when it comes
to doing business we both share the same motivation and
enthusiasm and follow the same goal: SUCCESS
1.How have the Bilateral Relations
between Austria and India evolved over
the past decades? How is the
relationship at present?
India and Austria enjoy a friendship that
spans more than six decades of their
existence as modern nations. Austria was
among the first countries with which
independent India established diplomatic relations in 1949.
Historic and long-standing relations exist between our two countries.
The world's first LD steel-making plant ever implemented outside
Austria was built at Rourkela in 1958. Another technology from
Austria, the COREX route of pig iron production, is in operation in
Karnataka.
Today, bilateral trade between the two countries is thriving: The trade
volume between Austria and India touched a new high of EUR 1 billion
last year. Austrian exports to India reached a record figure of EUR
654.9 million, a rise of 17% as compared with the previous year, and at
the same time Austrian imports from India rose to EUR 483.2 million,
an increase of almost 10%.
2. What are the economic sectors in which synergies already
exist and have potential for co operation for mutual benefit? What
are the emerging sectors of co operation between the two
countries?
Synergies between our two countries emerged especially in the
infrastructure sector: Austrian companies are already heavily
involved in major infrastructure projects in India: We build highways,
metro- & railway tunnels, railway bridges and much more...
For Example:
The first 6-lane toll highway in India from Jaipur to Kishangarh in
Rajasthan was equipped with a traffic monitoring and toll system by
Efkon AG and a section of the National Highway No. 8 was fitted with a
modern toll system by Kapsch TrafficCom AG.
Early this year Alpine Bau completed tunnelling and construction of
two stations on the Delhi Airport Link from the city centre to Indira
Gandhi International Airport. It is also currently engaged in the
construction of a water tunnel for the Tapovan-Vishnugad power plant
in Uttarakhand,
Strabag AG was recently awarded a contract worth EUR 83 million by
the Delhi Metro Rail Corporation to build a 3.2 km long tunnel and two
underground railway stations. The Austrian company is also
participating in the construction of the 8.8 km long road tunnel under
the Rohtang Pass in Himachal Pradesh scheduled to be completed
by the end of 2015.
Geoconsult is currently working on the detailed design consultancy
and construction supervision of the Pir Panjal Rail Tunnel project, the
first tunnel in India which is constructed in accordance to the
principles of the New Austrian Tunnelling Method. Other projects of
this company include design and consultancy services for Delhi
Metro Phase I and Phase II and the Strategic Crude Oil Storage
project in Vishakhapatnam.
Austrian firms carry out such projects in cooperation with Indian
companies as well as on their own.
We see a high potential for cooperation in the automotive sector in the
future with India as one of the fastest growing automotive markets in
the world and Austria with its long-standing high-end engineering
expertise and its state-of-the-art technology - these are ideal
DIPLOMATS CORNER
18
MR. HANS-JOERG HOERTNAGL, AUSTRIAN TRADE COMMISSIONER
AUSTRIAN TRADE COMMISSION, AUSTRIAN EMBASSY - COMMERCIAL SECTION
Page 12
THE DURBAN DEAL TO COMBATCLIMATE CHANGE
term (post-2020) plan for climate change. Investors see in Durban
the hope of there being a regulatory continuity needed to secure
investments into emission reduction projects including CDM type
projects.
Second Commitment period under Kyoto Protocol
With the political agreement amongst countries in Durban, there is
going to to be a second commitment period under the Kyoto
Protocol. This implies that for developed countries there will be a
legally binding commitment to reduce emissions for the period 2013
– 2017 or 2013 to 2020. (The exact end year 2017 or 2020 is going to
be decided in 2012.)
This was one of the immediate requirements for the climate change
mitigation activities under UN process in developing countries to
continue. Not only, will it serve to bring back confidence in the UN
mandated climate combat mechanism, which is required for new
investments in emission mitigating activities - it will serve to clear
regulatory hurdles which would have been imposed on uptake of
certified emissions reductions from projects into EU ETS.
While extending the Kyoto Protocol to its second commitment
period, an addition (NF3) has been made to the list of greenhouse
gases whose reduction is acknowledged to aid combating
anthropogenic climate change.
Durban Platform for Enhanced Action
The Ad Hoc Working Group on Long-term Cooperative Action
(AWG-LCA) - a subsidiary body under the UN convention of climate
change - was set up pursuant to Bali Action Plan in 2007. This body
was tasked to come up with the world's long term cooperative plan
for combating climate change. It has been decided in Durban to
extend by a year the period for it to continue its work - after which it
will be terminated.
A decision to form a subsidiary body under the United Nations
Framework Convention on Climate Change, called Ad-Hoc Working
Group On the Durban Platform for Enhanced Action was arrived at
by negotiating parties in Durban. It was decided to launch a process
through this subsidiary body. The objective of the process is to
develop a protocol or another legal instrument or an agreed
outcome with legal force which is applicable to all parties -
developing countries as well as developed countries. The time set
for development of the alternative to the Kyoto Protocol is until 2015
so that the new instrument/protocol/outcome with legal force can be
implemented in 2020.
This is an important development - as for the first time, in climate
change combat negotiations, the developed and developing world
European Union has been a key player in the world's efforts at
mitigating climate change and so has been India. With diverse roles
assigned to developed and developing countries by the Kyoto
Protocol under United Nations Framework Convention on Climate
Change, on the basis of the principle of historical responsibility and
equity, Indian investors have been voluntarily undertaking emission
reduction projects generating Certified Emission Reductions
(CERs) and entities in European Union (also those in other
developed nations) have been buying these to partially meet their
legally binding emission reduction target. A thriving market of
carbon credits specially during 2008-2009 resulted in expanding
investor interest in Clean Development Mechanism (CDM) projects
which are the means to generate CERs.
Since 2010 the impending post-2012 regulatory uncertainty with
regards to Kyoto Protocol began to have a telling effect. At stake
were the investments already made into CDM projects in the
developing countries. CDM Projects originate from mandate
provided to countries under the Kyoto protocol. Under this protocol
developed countries (Annex 1) took a legally binding commitment
to reduce greenhouse gas emissions and the developing countries
voluntarily undertook emission reduction activities. The first
commitment period under the Kyoto Protocol comes to an end in
2012. For CDM to continue there had to be an international
agreement incorporating necessary regulatory measure to create a
demand for CERs.
Investor confidence in Clean Development Mechanism (CDM)
projects in developing countries were at an all time low in 2011 in the
run up to the climate meet in Durban. The annual high profile
climate meet which is formally known as Conference of Parties
(COP) is that major international meet under UN convention where
the directions of world's co-operative effort at meeting the
challenges of climate change are decided. The 17th meeting of
COP (COP17) was held in Durban in November-December 2011. In
the wake of the 15th and 16th COP meeting in Copenhagen and
Cancun, which failed to produce any firm measure to remove the
post-2012 uncertainty, there was immense skepticism about the
outcome at Durban.
Some of the key decisions arrived at in Durban spans - a second
commitment of Kyoto Protocol from 2013 to 2017 or from 2013 to
2020, Durban Platform for Enhanced action, Green Climate Fund. At
Durban international negotiators seem to have paid heed and
delivered the political agreement needed to drive climate change.
The COP in Durban produced some key decisions which should
serve to repose faith in the UN mandated process to combat climate
change. The Durban decisions give CDM a new lease of life and
marks important shifts in the world orientation to working out a long
At Durban, TEC has been requested to further elaborate its
modalities on linkages with other relevant institutional arrangements
inside and outside the convention and to do so in line with the
agreed outcome in Durban.The role of TEC spans (a)Analysis and synthesis spans key areas
such as (b) Policy recommendations (c) Facilitation and catalyzing
(d) Linkage with other institutional arrangements (e) Engagement of
stakeholders (f) Information and knowledge sharing;
Although not much has been achieved on this front yet on ground,
for concerted action laying the foundation of integrated climate
action in the future, the technology mechanism has to operate full
hog to achieve the tooling necessary in the developing world for all
out climate combat action.
Adoption of important rules and guidelines on Land Use,Land-use
Change and Forestry also has been an important development in
Durban.
Going Forward
The path of international co-operative climate action is long drawn
and involves complex negotiations. The annual climate
conferences set up tracks on which negotiations proceed with the
aim of finally delivering the cooperative framework, the resources
and the means to combat climate change. The conference at
Durban has been remarkable in the sense that it has resurrected
hope while opening up new tracks for negotiation on post-2020
format of international action on climate combat. It will be interesting
to see to what extent this boosts clean technology activities in the
immediate term and how much more complementary measures are
needed to salvage plummeting carbon price, particularly against
the backdrop of doubts about the economy in developed world.
Durban meet has demonstrated the political will of the developing
and developed world to remain engaged in the fight to deal with
climate change. Durban has perhaps put developing country
entities on a notice to prepare for changes in response to the
change in emission combat architecture. For developed countries,
the flexibility in approach of the developing countries would perhaps
signal that it is time for them to further commit to deeper emission
cuts and commit towards making available climate finance on a
timely as well as sustained basis.
The author is Mr. Anupam Das-Purkayastha, Director, General Carbon
have agreed to work towards a climate change combat regime
which can put similar legally connoted mandate to reduce
emissions on all parties. If similarity of the mandates on countries in
terms of legal provisions is what is finally adopted, then the quantum
of emission reduction that each country is required to undertake will
only be available to bear out the principle of equity. How this finally
plays out and what shape the final mandate on countries takes will
depend on the outcome of intense international negotiations which
will start in 2012.
Climate change combat actions which are on the table until now are
not enough to restrict temperature rise to the desired 2degree
Celsius limit. The need to undertake deeper cuts in emissions, in
order to bridge the gap that exists between the target emission and
the emission cuts that are underway, has been emphasized in the
Durban platform for enhanced action. The decision to launch a
work plan on enhancing mitigation ambition with a view to closing
ambition gap is noteworthy.
Green Climate Fund
The Green Climate Fund (GCF) was established in Cancun as a
source of finance for climate change mitigation and adaptation
activities. There has been some inching forward on the Green
Climate Fund. The Conference of Parties in Durban designated the
Green Climate Fund as an operational entity of the financial
mechanism of the United Nations Framework Convention. The
governing instrument for the GCF has been adopted.in the Durban
conference, clearing way for work to begin on set up of the board of
the fund, administrative facilities, policies and procedures of the
fund.
For the fund to become a significant catalyst in the mitigation and
adaptation activities in developing countries, line of sight on
sources of the promised USD 100billion a year, is required to be built
up. The current pledges to the fund from a handful of countries
amounting to USD50 odd million needs augmentation.
Technology Mechanism
The conference of parties under the UN convention on climate
change at its 16th meeting (COP16) decided to establish
Technology Mechanism to enhance technology development and
technology transfer to support climate change mitigation and
related adaptation efforts. Technology Executive Committee (TEC)
and Climate Technology Center & Network are key elements
conceived within the Technology Mechanism. The conference in
Durban adopted the modalities of Technology Executive Committee
and its rules of procedures.
2120
THE DURBAN DEAL TO COMBATCLIMATE CHANGEAnupam Das-Purkayastha Anupam Das-Purkayastha
Page 13
Name :
Designation : Founder/Managing Director & CEO
Address : 9th Floor, Discovery of India Bldg.
Nehru Centre,Worli,
Mumbai - 400018
Tel : 022-66699006/66699153
Fax : 022-24900314
Email : [email protected]
Web Page : www.Yesbank.in
Activity : Banking
Mr. Rana Kapoor
Yes Bank Ltd
Name :
Designation : Managing Director
Address : 614, Laxmi Plaza, Laxmi Industrial
Estate, Andheri (W), Mumbai - 400 053
Tel : 022-26392212/13
Fax : 022-26392214
Email : [email protected]
Web : www.saltexports.com
Activity : Salt,Silk & Sulphur
Mr. Anand Prakash Choudhari
Dadi Impex Pvt.Ltd
Name :
Designation: Managing Director
Address : Unit 7, Neelkanth Shopping Arcade,
R.C. Marg, Opp.Fine Arts Society,
Chembur, Mumbai - 400 071
Tel : 022-25242877
Fax : 022-25246343
Email : [email protected]
Web Page : www.brindavangroup.in
Activity : Architects,Interiors/Energy/Construction
Mr. V. Prashant
Brindavan Energy & Infra Pvt. Ltd
Name :
Designation : Partner
Address : Orbit Plaza,2nd Floor
New Prabhadevi Road
Mumbai - 400025
Tel : 022- 66272500
Fax : 022-27571655
Email : [email protected]
Web Page : www.skgroup.com
Activity : Narrow Fabric(Yarn)
Mr. Nitin K. Motani
S.K.Exports
Name :
Designation : Director Finance
Address : 3rd Floor, Y.B. Chavan Centre
Nariman Point, Mumbai - 400 021
Tel : 022-22818198
Fax : 022- 22846394
Email : [email protected]
Web Page : www.medcindia.org
Activity : Trade & Promotion Organisation
Mr. V.T. Pai
Maharashtra Economic Development Council
Name :
Designation : Executive Director
Address : 216, Swastik Chambers, Sion-Trombay Road, Chembur Mumbai - 400 071
Tel : 022-42323232
Fax : 022-42323242
Email : [email protected]
Web Page : www.mecordsindia.com
Activity : Technical Textiles,Yarns & Chemicals
Mr. Ajit G. Mehta
Mecords India Ltd
Name :
Designation : Jt.Managing Director
Address : 13, Western Industrial Estate Ltd.
MIDC, Andheri (E),
Mumbai - 400 093
Tel : 022-40773737
Fax : 022-28210853
Email : [email protected]
Web : www.ushagarments.com
Activity : Garments
Mr. Suresh Khemlani
Usha Garments Mfg. Co. Pvt.Ltd
Name :
Designation : Chief Executive Officer
Address : A/2, Parekh Mahal, 80 Veer
Nariman Road, Churchgate
Mumbai - 400 020
Tel : 022-22885888
Fax : 022-22885222
Email : [email protected]
Web : www.zenithrubber.com
Activity : Rubber Products
Mr. Aamir M. Vohra
Zenith Industrial Rubber Products Pvt.Ltd
Name :
Designation : Director
Address : 21,Sugar Market Building, 104/114,P.D'mello Road, Mumbai - 400 009
Tel : 022-23480639/23488639
Fax : 022-23485679
Email : [email protected]
Web Page : www.mukund.com
Activity : Mfg.& Exporters of Brass & SS
Builders Hardware
Mr. Dinesh M. Thakkar
Mukund Overseas
Helma Solutions India Pvt.Ltd
Name :
Designation : Managing Director
Address : 6, Vallabh Nagar Soc.1, Nimish Apartment , Juhu Scheme Road,
No.5, Vile Parle (W), Mumbai- 400 056
Tel : 022-26310350/66929152
Fax : 022-66929154
Email : [email protected]
Web Page : www.yashoindustries.com
Activity : Food Antioxidants,Chemicals,
Raw Materials
Mr. Parag Jhaveri
Yasho Industries Pvt.Ltd
Name :
Designation : General Manager
Address : 501, Casablanca, Plot No.45,
Sector 11, CBD Belapur,
Navi Mumbai - 400 614
Tel : 022-27571633
Fax : 022-27571655
Email : [email protected]
Web Page : www.innovaxis.com
Activity : Design Services
Mr. Rohit Vedi
Innovaxis (India) Pvt. Ltd
Roots Organics Pvt.Ltd
Name :
Designation : Proprietor
Address : A/12, 1st Floor, Narayan Plaza,
26-A, Chandivali Road, Andheri (E)
Mumbai - 400 072
Tel : 022-42603000
Fax : 022-28475445
Email : [email protected]
Web Page : www.nrkindia.com
Activity : Apparels
Mr. Rakesh Kabra
NRK Overseas (India)
23 22
NEW MEMBERS NEW MEMBERS
Name :
Designation : Managing Director
Address : Golden Enclave, Tower -A,
Airport Road, Bangalore - 560 017
Tel : 080-66609000/66609611
Fax : 080-25275756
Email : [email protected]
Web Page : www.titanworld.com
Activity : Watch Manufacturer
Mr. Bhaskar Bhat
Titan Industries Limited.
Name :
Designation : Managing Director
Address : 601, City Plaza, Dandia Bazar
Baroda – 390 001
Tel : 0265-2438918
Fax : 0265-2438575
Email : [email protected]
Web Page : www.koshambh.com
Activity : Textiles,Engineering,Goods,Chemicals
Mr. Rajesh K. Ahuja
Koshambh Multitred Pvt.Ltd
Name :
Designation : Founder & Chairman
Address : 15/3, Maskati Court, Queens Road,
Mumbai - 400 020
Tel : 02222031406
Fax :
Email : [email protected]
Web Page :
Activity : Organic Farming,R& D,Food Processing, Consulting
Mr. Ram Agarwal
Name :
Designation : CEO
Address : 17, Aga Abbas Ali Road, 2nd Cross,
Ulsoor Road, Bangalore – 560 042
Tel : 080 - 41237470
Fax :
Email : [email protected]
Web Page : www.helma-international.com
Activity : HR Consultancy
Mr. Ghislain De Rengerve
Page 14
Name :
Designation : CEO & Director
Address : A-31, TTC Industrial Area, MIDC,
Khairane Navi Mumbai - 400 709
Tel : 022-27780718/19
Fax : 022-27780720
Email : [email protected]
Web : www.accutestindia.com
Activity : Research Activities
Dr. Satish Vitthal Sawant
Accutest Research Laboratories (I) Pvt.Ltd
Sun Export Private Ltd
Stoll India Pvt.Ltd
Name :
Designation : Managing Director
Address : 243, Transport Nagar,
Kanpur - 208 023
Tel : 0512-2615615/2616677
Fax : 0512-2600253
Email : [email protected]
Web Page : www.kings-international.net
Activity : Mfg./Exporter of Leather Products
Mr. Taj Alam
Kings International Ltd
Name :
Designation : Managing Director
Address : Vanguard House, 148, 2nd
Line Beach Chennai - 600 001
Tel : 044-24998203/04
Fax : 044-24998201
Email : [email protected]
Web Page : www.ibclimited.co.in
Activity : Barytes
Mr. K.Rajamohan Reddy
IBC Limited
Name :
Designation : Director
Address : Unit No.2, A/2, Shah & Nahar Ind.
Estate S.J.Marg, Lower Parel (W)
Mumbai - 400 013
Tel : 022-24940775
Fax : 022-24973391
Email : [email protected]
Web : www.operaclothing.com
Activity : Woven & Knitted Garments
Mr. Chandrakumar T. Jain
Opera Clothing Pvt.Ltd
Zen Engineering
Intergrated Services Point Pvt.Ltd
Jaynik Engineers
Rama Industries Ltd.
Name :
Designation : Partner
Address : 806/206, Unique Tower,
Behind Patel Auto, Off.S.V.Road,
Goregaon (W), Mumbai - 400 062
Tel : 022-28777704/2877767
Fax : 022-28773944
Email : [email protected]
Web Page : www.lotusinternational.com
Activity : Pharmaceuticals
Dr. Omprakash Jagnani
Lotus InternationalKiron Hydraulic Needs Pvt.Ltd
Name :
Designation : Vice Chairperson & Managing Director
Address : Liberty Building, Sir Vithal DasThackersey Marg, Mumbai - 400 020
Tel : 022-22015895/22017130
Fax : 022-22096976
Email : [email protected]
Web Page : www.dai-ichiindia.com
Activity : Mfg.of Surfactants and Specialty &Performance Chemicals for various industries
Ms. S.F. Vakil
Dai-Ichi Karkaria Limited
Sanika Commodities India Pvt.Ltd
Pioneer Extruders Pvt.Ltd.
Name :
Designation : Wholetime Director
Address : Sikkim Commerce House,
4/1, Middleton Street
Kolkata - 700 071
Tel : 022-28777704/2877767
Fax :
Email : [email protected]
Web Page : www.asianteaexports.com
Activity : Exporter of Tea and Importer
Mr. Sunil Garg
Asian Tea & Exports Ltd
25 24
NEW MEMBERS NEW MEMBERS
Name :
Designation : Director
Address : 1120, Morya Estate, New Link Road,
Opp.Infinity Mall, Andheri West,
Mumbai - 400 053
Tel : 022-40052264
Fex : 022-40055059
Email : [email protected]
Web Page : www.piogroup.in
Activity : Aluminium Collapsible Tubes
& Machinery
Mr. Kishor Patel
Name :
Designation : Director
Address : B/454, Kewal Industrial Estate
S.B.Marg, Lower Parel (W),
Mumbai - 400 013
Tel : 022-66270500
Fex : 022-66270521
Email : [email protected]
Web Page : www.salasargroup.com
Activity : Agri Commodities
Mr. Nikhil Daga
Name :
Designation : Managing Director
Address : 7, Readymoney Terrace, 3rd Floor,
Dr.A.B.Road, Worli Naka
Mumbai - 400 018
Tel : 022-24937330/24946674
Fex : 022-24932442
Email : [email protected]
Web Page : www.salasargroup.com
Activity : Machined & Unmachined Castings,
Pumps & Machines
Mr. N.S.Kochhar
Name :
Designation : Chairman & Managing Director
Address : 1120, Morya Estate, New Link
Road, Opp.Infinity Mall,
Andheri West, Mumbai - 400 053
Tel : 022-40052264
Fax : 022-40055059
Email : [email protected]
Web Page : www.piogroup.in
Activity : Aluminium Collapsible Tubes
Mr. Kishor Patel
Name :
Designation : Director
Address : 51/52, Free Press House,
Nariman Point, Mumbai - 400 021
Tel : 022-22833355
Fax : 022-22049946
Email : [email protected]
Web Page : www.ramagelatine.com
Activity : Gelatine & Die Calcium
Phosphates
Mr. Haresh D. Ramsinghani
Name :
Designation : Partner
Address : Plot No.A-269,Road No.33/A
Wagle Industrial Estate, MIDC
Thane - 400 604
Tel : 022-61128900/90
Fax : 022-61128999
Email : [email protected]
Web Page : www.zenengineering.net
Activity : Equipments for water & waste water
treatment
Mr. Parimal Pajankar
Name :
Designation : Director
Address : 41/42, Atlanta, Nariman Point
Mumbai - 400 021
Tel : 022-40602000
Fax : 022-22873100
Email : [email protected]
Web Page : www.thesungroup.com
Activity : Raw Cotton, Ghee, Hardware,
Plastic Raw Materials
Mr. B.P. Choudhury
Name :
Designation : Director – Finance & Administration
Address : C-25, Sector - 63
Noida - 201 301
Tel : 0120-4690850
Fax : 0120-4690851
Email : [email protected]
Web Page : www.stoll.com
Activity : Sales & after Sales Service Stoll
Flat Bed Knitting Machines
Mr.Mohan Ganesan
Name :
Designation : CEO
Address : 32, VOC Colony, Anna Nagar East
Chennai – 600 102
Tel : 044-26633600/800
Fax : 044-26633700
Email : [email protected]
Web Page :
Activity : Exporter & Importer of Edible Oil,
Maize & Sugar
Mr.G.K.Badri Narayana Prasad
Page 15
27
EU NEWS AT A GLANCE
Minister Longuet also declared his satisfaction at the deal, not
least as it will cut their research costs.
The two groups also agreed to boost their affiliate Sofradir,
specialised in infra-red detectors.
European Union leaders to meet on Jan 30
European Council President Herman Van Rompuy said that
European Union leaders will meet on January 30 next year as
diplomatic negotiations began on a pact to tighten euro zone
fiscal controls. Van Rompuy said the summit for the 27-country
bloc would be focused on jobs. He also highlighted the
importance of achieving financial stability in the euro zone.
Van Rompuy said it will be focused on jobs, and that is a big
challenge in the context when zero growth is expected in most of
our economies.We must take strong action on employment.
Bringing financial stability to the euro zone remains absolutely key
for our future.
Pointing to the reforms being made in individual EU countries, he
stated that the path is long, longer than we expected. But let there
be no doubt, there is a fundamental political will to move forward
as a union. We have a moral duty to continue this mission.
Van Rompuy announced the date as a meeting took place in
Brussels between EU diplomats, the European Parliament and
the European Commission to start negotiations on an
intergovernmental agreement to tighten fiscal controls and
sanctions in the euro zone.
Ireland tops the EU for wind energy integration, says EirGrid
The island of Ireland has surpassed the rest of the EU countries
for its wind energy integration. According to EirGrid chief
executive Dermot Byrne, who says Ireland is in a position to
become a global leader for wind energy take-up. However, it will
require open communication from industry stakeholders, he
warned.
Byrne said current estimates predict how the island of Ireland will
reach a level of installed wind generation in 2020 that will be
enough to meet around 37pc of electricity demand. This is greater
than any other synchronous region in Europe over this timeframe.
He stated that while the majority of the 40pc renewable electricity
target will be met from wind generation, Ireland's – and EirGrid's –
work will not stop with wind. Byrne further added that There is
ongoing work to develop a better understanding of the potential
for integrating other renewable sources, such as ocean energy
technology, biomass and waste-to-energy plants.
Read More: http://uk.finance.yahoo.com/news/frances-thales-
safran-optoelectronics-venture-214203328.html
Read More: http://www.moneycontrol.com/news/world-
news/european-union-leaders-to-meetjan-30_636923.html
Read More: h t tp: / /www.s i l iconrepubl ic .com/green-
tech/item/25024-ireland-tops-the-eu-for-win
Eurozone agrees EUR 150 bn IMF bailout boost
BRUSSELS: A eurozone governmental source said the 17-nation
eurozone agreed to lend 150 billion euros ($195 billion) to the
International Monetary Fund for use in stabilising the euro
currencyarea
The source said there is an agreement on a sum of 150 billion
eurosfor the eurozone countries.
The source said the aim was still to reach the 200 billion euros
target set by EU leaders at a December 9 summit, despite a
British refusal to stump up its roughly 30-billion-euro share based
on IMF quotas.
The source said that The other European Union countries are to
take up their positions but they had already "implicitly" agreed to
reach the target designed to leverage a funding boost from other
G20 states.
The source said the EU -- all 27 of which took part in a three-and-a-
half-hour conference call will reach the 200 billion (euros and are)
... progressing towards the 200 billion, that is clear.
During the conference call, Britain's finance minister George
Osborne set down clear conditions for any eventual aid, a London
government official said, adding that the British Treasury "will not
contribute to anything that is only available to eurozone
countries."
The British government source added: "Nor will we participate in
an increase in IMF resources that only comes from EU countries
without the participation of other G20 countries" outside the EU.
France's Thales, Safran in optoelectronics venture
French defence giants Safran and Thales signed a joint venture
deal in optoelectronics, a key high-tech military technology.
Safran chief executive Jean-Paul Herteman and his Thales
counterpart Luc Vigneron signed the deal, sought by the
government, in the presence of French Defence Minister Gerard
Longuet.
The equally held joint venture will focus on the MALE unmanned
drone project with Britain and a future helicopter, with cooperation
both technical and commercial. Both companies claim
leadership in the sector, which covers surveillance systems,
targeting and identification in all weathers and at any time of day.
The government has been pressing the groups for two years to
join forces, not only in optoelectronics, so as to cut research
costs.
Vigneron said that this is a win-win accord which will strengthen
our position in the international markets.
Read More:http://economictimes.indiatimes.com/news/international-business/eurozone-agrees-eur-150-bn-imf-bailout-
boost-report/articleshow/11173018.cms
Page 16
However, its largest offshore contract is currently underway, with the
company currently commissioning the 30 REpower 5MW wind
turbines for Vattenfall's Ormonde wind farm in the Irish Sea, with a
total rated output of 150MW.
Russia to boost LNG supplies to India
“Russia will significantly boost the supplies of Liquefied Natural Gas
(LNG) to energy-hungry India from 2016”, President Dmitry
Medvedev has announced.
Mentioning the success of ONGC Videsh Ltd (OVL) venture in
Sakhalin-1 offshore oil block, Medvedev, who along with Prime
Minister Manmohan Singh addressed a CEOs' forum of the top
companies of the two countries also expressed Russia's interest in
expanding cooperation with India in hydrocarbons.
OVL has 20% stake in Sakhalin-1, which has estimated reserves of
about 307 million tonnes of oil (2.3 billion barrels) and 485 billion
cubic metres of gas (17 trillion cubic feet).
Medvedev said that Russian natural gas monopoly Gazprom has
inked the memoranda covering major supplies of LNG to India with
several Indian companies.
He said that his country will significantly boost the supplies of LNG
to India beginning 2016.
Gazprom CEO Alexei Miller had last month said the company would
take India's growing demand for LNG into account in its plans to
build export facilities under the Eastern Gas Programme.
In his address to the CEOs forum, Prime Minister Singh said that
Indian companies were interested in oil and gas projects in Russia.
India's gas consumption is projected to witness a 70% increase by
2020.
Ashok Leyland to up stake in UK bus maker Optare to 75.1%
Hinduja Group owned commercial vehicle maker Ashok Leyland is
raising its stake in British bus maker Optare Plc to 75.1% following a
re-financing agreement. Ashok Leyland had acquired a 26% stake
in Optare in July 2010 aimed at a long-term strategic partnership.
The re-financing was achieved with Ashok Leyland facilitating a
credit-line to support Optare's re-banking options and providing a
substantially improved working capital facility for the business.
Optare's CEO Jim Sumner said the re-banking represented a
"defining moment" in the company's turnaround plan, which had
commenced in 2009.
Ashok Leyland sees large opportunities to grow in the global bus
market, helped by access to Optare's technology, including modern
range of city buses.
Vinod Dasari, MD, Ashok Leyland said that, we see this as an
important element in realizing our vision of being among the top 5
bus manufacturers globally. Through leveraging the synergies of
the two companies, we are confident that going forward we will be
able to accelerate technology sharing, develop future-ready
products and substantially and quickly increase our global footprint.
Read More: http://www.moneycontrol.com/news/business/suzlon-
wins-205mw-orderbritain_636734.html
Read More: http://www.thehindubusinessline.com/industry-and-
economy/article2723149.ece
Read More: http://www.moneycontrol.com/news/business/ashok-
leyland-tostakeuk-bus-maker-optare-to-751_637006.html
India-EU FTA to be in final stages by March: European
Commission
NEW DELHI: The European Commission said the India-EU free
trade agreement (FTA) would be in its final stages by the first quarter of next year.
Neelie Kroes, Vice President of the European Commission,
European Union's executive body said that there are couple of nuts
to be cracked That is not a matter of delay. Still the bit has to be
finalised if both the sides are inspired to have an ambitious pact and
India is interested in results and so are we.
Meanwhile, Trade and Economic Affairs Counsellor, Delegation of
European Union to India, Peter Young said that we are discussing
the outcome that will be the core of the deal, we are not talkingabout delay, but we are coming to a conclusion.
He said both the sides are intensively negotiating the best deal and
by the next India-EU Summit, scheduled to be held in February, the
pact would be in the final stages. It is India's most ambitious deal
because EU is its largest trading partner. Annual bilateral trade
between India and EU was around $75 billion in 2009-10. India
ranks ninth on the EU's list of major trading partners.
Kroes also met Communications and IT Minister Kapil Sibal,
seeking India-EU collaboration in the field of ICT. She said that the
meeting is to come to a political dialogue with European
Commission and the Indian government for the development of ICT.
She further added that besides Information and Communications
Technology (ICT), the EU is looking to cooperate in research and
innovation in areas like transport, energy and health. EU is
financing50 million for 35 projects in India.
Suzlon wins 20.5MW order in BritainWind turbine maker Suzlon Energy said its German subsidiary
REpower has signed a deal with the British renewable energy
company Your Energy to supply ten 2.05MW turbines for its
Sixpenny Wood wind farm project.
The company said in a statement issued that this is the first contract
REpower has signed with Your Energy, a subsidiary of AES Wind
Generation, which in turn is a subsidiary of AES Corporation that
operates over 1,800 MW wind capacity around the world REpower
will be supplying 10 MM92 turbines with a rated output of 2.05 MW
which will generate electricity to power nearly 12,000 homes
annually.
REpower England managing director Rick Eggleston said that we
are working with AES Wind Generation for the first time. We have
already installed a number of wind turbines in that area, so we know
that the MM92 machine that we are supplying for Sixpenny Wood is
ideal for the local wind conditions
The installation of the wind turbines will start in mid- 2012 and the
wind farm is expected to be complete by the end of the year, the
release said. Since its launch in 2004, REpower has delivered 36
onshore wind farms in Scotland, England and Wales and one
offshore wind farm, Project Beatrice, in the North Sea.
Read More:http://economictimes.indiatimes.com/news/economy
/foreign-trade/theres-no-delay-india-eu-fta-to-be-in-final-stages-
by-march-european-commission/articleshow/10876888.cms
MAJMUDAR CO.INTERNATIONAL LAWYERS
28
INDIA NEWS AT A GLANCE
Page 17
Address : Donau, Austria
Tel : +43/ 7233/ 701070
Fax : +43/ 7233/ 701072
Email : [email protected]
Web : http://www.ngr.at
Co-operation sought : Seeking contacts to: - producers of foils, tapes, raffia, fibres, textiles, pipes etc. who are interested in recycling clean production waste.
About the Company : The principal activity of the company is the development and construction of recycling plants to reclaim valuable raw materials from industrial thermoplastic and technical plastic
waste.
Industry to which
the company belongs : Plastic Recycling Parts
Gewerbepark 22, 4101 Feldkirchen a. d.
30
BUSINESS OPPORTUNITIES FROM AUSTRIA
Name :
Address : Bundesstrasse 1a, 4860 Lenzing, Austria
Tel : +43/ 7672/ 912-0
Fax : +43/ 7672/ 912-9
Email : [email protected]
Web : http://www.sml.at/
Co-operation sought : SML Maschinen GmbH seeks contacts to
plastic processing firms requiring extrusion
plant for film, sheeting, multifilament and
extrusion coating lines.
About the Company : SML specializes in developing and building
high-performance extrusion equipment. It
has focussed on the development of cast
film coextrusion lines, sheet coextrusion lines.
Industry to which
the company belongs : Extrusion Technology
Dumitru POP
SML Maschinengesellschaft mbH
Address :
Tel : +43/ 5550/ 201 66
Fax : +43/ 5550/ 201 664
Email : [email protected]
Web : http://www.htw-werkzeugbau.com/
Co-operation sought : Wanted: Direct Customers. The Company
Specializes in in the production of high
performance injection molds in the field of closures
About the Company : htw formen- und fertigungstechnik is a mould
making company that specializes in
manufacturing high performance injection moulds
for the cap closure sector.
Industry to which
the company belongs: Engineered metal products
Zementwerkstraße 26, 6713 Ludesch, Austria
htw formen- und fertigungstechnik e.U.
Address :
Tel : +43/ 2952/ 341390
Fax : +43/ 2952/ 34139 10
Email : [email protected]
Web : http://www.sbi.at/
Co-operation sought : Seeking a distribution partner who can
support sales activities with end-users.
About the Company : SBI is renowned as a worldwide provider of in-
line thickness gauges and automatic systems
for extrusion dies and supplies many well-
known manufacturers of extrusion plant.
Industry to which
the company belongs: Machinery, tools and parts
for the plastics industry
Kaplanstraße 12, 2020 Hollabrunn, Austria
Address :
Tel : +43/ 1/ 599 55-0
Fax : +43/ 1/ 599 55-25
Email : [email protected]
Web : http://www.starlinger.com
Co-operation sought : Seeks contact with producers and large-scale users of woven packaging: sack factories, cement works, the chemical/fertilizer industry, building materials trade. In the recycling sector contacts are sought with the beverage bottling industry, recyclers and plastics processing plants.
About the Company : Starlinger leads the world market in the field of machinery and process technology for woven plastic sack production and PET recycling and refinement.
Industry to which the company belongs : Plastics recycling machinery
and PET solid stating lines
Sonnenuhrgasse 4, 1060 Wien, Austria
Address :
Tel : +43/ 1/ 588 58-0
Fax : +43/ 1/ 586 86 59
Email : [email protected]
Web : http://www.starlinger.com
Services offered : ABA-Invest team offers international investors advice on such matters as: 1)Information about Austria as a place to do business 2)Location search and selection 3)Search for suitable headquarters and properties 4)Company establishment queries, advice and assistance for the establishment process 5)Labour and taxation law queries
About the Company : BA - Invest in Austria is the agency of the Austrian
Ministry of Economics and Labour for setting up
business in Austria
Industry to which
the company belongs : Advisory Services
Opernring 3, 1010 Wien, Austria
SBI Produktion techn. Anlagen GmbH ABA - Austrian Business Agency
Starlinger & Co Gesellschaft m.b.H.
NGR-Next Generation Recyclingmaschinen GmbH
Page 18
Luxembourg – Your Prime Business Location
Located in the heart of Europe,
Luxembourg is the ideal gateway to
the European market with over 500
million consumers. Due to its
political and social stability, skilled
and multilingual workforce, state-
of-the-art infrastructures, excellent
connectivity to markets, favorable
legal environment and attractive tax climate, Luxembourg offers an
exceptional range of assets and opportunities for doing business in
Europe.
The Luxembourg Government has always pursued a pro-active
economic development policy, making possible for Luxembourg to
become an international financial centre and establishing itself as a
prime business location. Recently the Government has put
emphasis on emerging and innovative technology-based activities
such as ICT, e-commerce, media, automotive components,
materials, plastics, logistics, environmental and health
technologies. The results of this policy make Luxembourg is home
to some of the most successful global companies.
Small is beautiful! The modest dimension of the Luxembourg
economy is the key to explaining its historic openness to larger
markets. The foreign trade is the main vector for economic growth
and more than 80% of the goods and services produced in the
Grand Duchy are exported, almost entirely (up to 85%) to the
European market. Nevertheless, the Grand Duchy will persevere in
its efforts to extend its presence in markets outside the EU in order
to reduce its vulnerability to external shocks and to further develop
through trade.
Luxembourg offers a wide range of assets and opportunities for
doing business in Europe especially for
Indian companies' active in the IT
business for example. Major Indian
players such as Tata Consultancy
Services, Evalueserve and Wipro have
a l ready estab l ished of f ices in
Luxembourg. All in all, the tissue of
Indian entrepreneurs in Luxembourg
has extended in recent years and we are
convinced that many others will follow.
The new Double Tax Treaty signed
recently between India and Luxembourg
is intended to stimulate bilateral trade and it will be a booster for
both the business communities as it creates a favorable framework
to further stimulate our long lasting trade and economic
relationship. Today, more and more Indian companies are
interested in investing in Luxembourg as the treaty offers a
competitive and secure environment to tap into the European
market.
Luxembourg and its strengths:
Research, Development and Innovation: The Luxembourg
Government has set up a research driven University, as well as
Public Research Centres, which are working in close collaboration
with universities just across the border in Belgium, France and
Germany which are working on boosting R&D activities in
Luxembourg.
An international financial centre: Luxembourg plays a key role in
the world financial system. Its investment fund administration sector
is the second largest in the world due to its pre-eminent role in the
European market, services which are also proving successful in
Asia, the Middle East and South America.
Headquarters: Companies active internationally are increasingly
looking to optimise their organisational corporate structure by either
establishing regional headquarters, relocating headquarter
functions or relocating their global headquarters. Through its
b u s i n e s s - f r i e n d l y e n v i r o n m e n t ,
Luxembourg has attracted European
headquarters of many global companies,
while more and more companies establish
also their global headquarters in
Luxembourg.
Logistics: Luxembourg's international
airport is the 5th largest freight airport in
Europe and home base of Cargolux,
Europe's leading all-cargo airfreight carrier.
With its modern and well-equipped air
freight handling facilities, Luxair Cargo offers secure, efficient and
speedy ground handling making Luxembourg one of Europe's most
efficient airfreight hubs.
Media, ICT and e-commerce: Luxembourg is ideally located
between the main European data traffic exchange centres.
Luxembourg can boast one of the best data centre parks in Europe.
Health technologies: Luxembourg has teamed up with two world-
renowned American research institutes as well with the Phoenix-
based Partnership for Personalised Medicine (PPM) initiative, which
will cooperate with local experts from the University and Public
Research Centres on three projects: a biobank, a systems biology
centre and a research cooperation to validate markers for lung
cancer.
Environmental technologies: Significant activity in green
technologies is under way and the Government's "Luxembourg's
Eco- Technology Action Plan” gives local green entrepreneurs
financial and networking encouragement to research ideas in this
potentially revolutionary field.
The automotive components industry: Being at the crossroads
between Belgium, France and Germany, Luxembourg is a
commercially neutral location for component suppliers with a multi-
customer base to deliver their products fast and reliably.
Iron & Steel industry: Luxembourg is known for being an all-round
innovative engineering and technology base for the iron & steel
industry. ArcelorMittal is the world's leading integrated steel and
mining company, with its headquarters in Luxembourg and a
presence in more than 60 countries. Another Luxembourg company
which is also present in India, namely Paul Wurth, supplies state-of-
the art technologies to blast furnaces around the world and also has
expertise in cokemaking projects.
For more information, please visit:
http://newdelhi.mae.lu
http://investinluxembourg.in
Snapshots of Meetings
Director, President, EU India Chambers along with H. E Mr Pierre Vaesen, Ambassador of the
Kingdom of Belgium & Mr Mathias Bogaert, Counsellor (Economic Affairs)
Director, President, EU India Chambers along with Mr Janez Premože, Ambassador and
Ms Mojca Hrovatic, Minister Plenipotentiary (Economic Affairs), Embassy of the Republic
of Slovenia
Dr. Renu Shome, Director, EU India Chambers along with H. E. Mr. Javier Elorza, Ambassador,
Embassy of Spain.
Director, President, EU India Chambers along with Mr. Raf Mildebrath, Minister Counsellor, Head of Economic and Commercial Section
& Cord Meier-Klodt , Acting Ambassador(Charge d’Affairs), Embassy of the Federal
Republic of Germany
Director, President, EU India Chambers along with H. E Mr Freddy Svane,
Ambassador, Royal Danish Embassy
Director, President, EU India Chambers along with Mr Rajeev Kher, Additional Secretary,
Department of Commerce, Government of India
Director, President, EU India Chambers along with H. E Mr Marian Tomasik, Ambassador,
Embassy of the Slovak Republic
Director, President, EU India Chambers along with Mr. Shivaz Monga, Convener, Cavalier
Surendra Kumar, Co-Convener, Rajeev Kamal, Co-Convener of Norther Region of the
Chambers.
Director, President, EU India Chambers along with H. E Mr Lars-Olof Lindgren,
Ambassador, Embassy of Sweden