Vienna, Prime Minister Narendra Modi on Wednesday invited Austrian companies to invest in India and highlighted the prospects of bilateral cooperation in infrastructure, energy, emerging technologies and other sectors.
Modi arrived here from Moscow on a two-day visit after meeting Russian President Vladimir Putin on Tuesday evening, the first visit by an Indian prime minister in more than 40 years.
Modi and Austrian Chancellor Karl Nehammer jointly addressed renowned Austrian and Indian CEOs at a roundtable business meeting at the Hofburg Palace here.
The Indian Ministry of External Affairs said, "The Prime Minister highlighted the significant potential for cooperation between Indian and Austrian companies in various sectors, including infrastructure, renewable energy, green sectors, new and emerging technologies, fintech, startups and innovation." A social media post.
It said that the Prime Minister invited Austrian companies to invest in India.
To promote innovation and entrepreneurship between the countries, the IndiaAustria Startup Bridge was launched in February 2024.
India-Austria bilateral trade for 2023 (January-December) stood at US$2.93 billion. Indian exports to Austria were US$1.52 billion and imports were US$1.41 billion.
Modi arrived here from Moscow on a two-day visit after meeting Russian President Vladimir Putin on Tuesday evening, the first visit by an Indian prime minister in more than 40 years.
Modi and Austrian Chancellor Karl Nehammer jointly addressed renowned Austrian and Indian CEOs at a roundtable business meeting at the Hofburg Palace here.
The Indian Ministry of External Affairs said, "The Prime Minister highlighted the significant potential for cooperation between Indian and Austrian companies in various sectors, including infrastructure, renewable energy, green sectors, new and emerging technologies, fintech, startups and innovation." A social media post.
It said that the Prime Minister invited Austrian companies to invest in India.
To promote innovation and entrepreneurship between the countries, the IndiaAustria Startup Bridge was launched in February 2024.
India-Austria bilateral trade for 2023 (January-December) stood at US$2.93 billion. Indian exports to Austria were US$1.52 billion and imports were US$1.41 billion.
