Speaking at the India-Austria Business Forum organized in Vienna by the Confederation of Indian Industry (CII) along with the Austrian Federal Economic Chamber and the Federation of Austrian Industries in conjunction with Prime Minister Narendra Modi's visit to Austria, Labor and Economy Minister Martin Kochhar, Austria stressed That said, we consider the Indian startup ecosystem to be one of the most vibrant in the world.
He said there are opportunities for cooperation in renewable energy, smart cities, audio-visual and films, tourism and other sectors.
CII President Sanjeev Puri said that we should encourage two-way cooperation in sustainable agriculture, water treatment and food processing.
“In the critical areas of sustainability cooperation of circularity, adaptation to climate-related disruptions and biodiversity, the Austrian technology partnership can help India in these areas through AI, advanced sensors and other new technological tools,” Puri said.
Talking about India-Austria trade relations, Secretary, Department of Investment and Internal Trade Promotion, Ministry of Commerce and Industry, R.K. Singh said the two-way trade between India and Austria is about $2 billion and is relatively balanced.
Singh said, “Most of the multinationals that have invested in India, including many European companies, have stayed the course and have seen growth both in terms of topline and bottom-line expansion, profitability as well as enterprise value.” Having left his parents behind has yielded rich dividends." ,
He said there are opportunities for cooperation in renewable energy, smart cities, audio-visual and films, tourism and other sectors.
CII President Sanjeev Puri said that we should encourage two-way cooperation in sustainable agriculture, water treatment and food processing.
“In the critical areas of sustainability cooperation of circularity, adaptation to climate-related disruptions and biodiversity, the Austrian technology partnership can help India in these areas through AI, advanced sensors and other new technological tools,” Puri said.
Talking about India-Austria trade relations, Secretary, Department of Investment and Internal Trade Promotion, Ministry of Commerce and Industry, R.K. Singh said the two-way trade between India and Austria is about $2 billion and is relatively balanced.
Singh said, “Most of the multinationals that have invested in India, including many European companies, have stayed the course and have seen growth both in terms of topline and bottom-line expansion, profitability as well as enterprise value.” Having left his parents behind has yielded rich dividends." ,
