The HANNOVER MESSE fair grounds are witnessing numerous seminars, discussions, roundtables, and talks and the energy around the Indian industries, the manufacturing sector, the infrastructure, and heavy industries seems like never before. Several MoUs are being signed between Indian officials and business leaders and their German counterparts.
The MoUs, signed by companies under Department of Heavy Industries, consisted of tie-ups between Bharat Heavy Electricals Ltd. (BHEL) India and Russian Joint Stock Company, INTMA for upcoming projects in Russia and Kazakhstan, Rajasthan Electronics & Instruments Ltd. (REIL) and Milkotronics Ltd., Bulgaria for manufacturing milk analyzers in India, Instrumentations Ltd and KE Kauer Engineering, Germany for production of control valves, and three MoUs by Hindustan Machine Tools (HMT) with Num Controls, Switzerland for manufacturing of CNC controls, systems and drives; FT Machine Tools, Germany for collaborating on flow forming machines and Enit GmbH, Germany for total engineering solutions.
Sigmar Gabriel, Federal Minister for Economic Affairs and Energy and Vice Chancellor, Germany visited the Indian pavilion where Nirmala Sitharaman, Minister of State (Independent Charge) for Commerce and Industry, Government of India and Amitabh Kant, Secretary, Department of Industrial Policy and Promotion, Ministry of Commerce and Industry, Government explained the Make in India vision. He took keen interest in the installations showcased by India to explain key facets of Make in India that make India the destination for investment and manufacturing.
In addition to a MoU signed between FICCI and Hannover Milano Fairs India, six more MoUs were signed by the Indian public sector companies to enhance cooperation with global firms, during a special event organized by Engineering Export Promotion Council of India (EEPC) at the India Pavilion.
Seminar on 'Financing of Urban Infrastructure'
Shailesh Pathak, Executive Director, Bhartiya Group, Kamal Maheshwari, President (Business Development & Strategy), Essel Infra and Utilities, Roland Siller, Member of Management Committee, KfW and Global Head, Siemens One shared their views in a session on 'Financing of Urban Infrastructure.'
Drawing the attention towards development of industrial corridors in India and the challenges and opportunities therein, Indian top officials remarked that India is building many industrial corridors. It takes 14 days for goods to reach from Delhi to Mumbai but beginning 2018 goods will reach in 14 hours. The kind of infrastructure being created hasn't happened anywhere else in the world. Indian policymakers are taking proactive steps in transforming their traditional city models and infrastructure for a balanced overall growth and are looking to achieve ‘more with less'.
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