President Ram Nath Kovind invites Greek companies to invest in India

Thesynergyonline Economics Bureau

"There are opportunities for us to collaborate in defence manufacturing, pharma, real estate, entertainment and technology sectors. Both nations have strong renewable energy program especially in the solar energy sector."

Ram Nath Kovind

President of India

Bilateral trade

"Our bilateral trade at US Dollars 530 million is way below what had been achieved in the past, and what possibly could be a reasonable target for the future. As per market survey, with some efforts this can easily be made to cross US$ 1 billion in the next few years. My Government is keen to take lead in this effort," he said.

He also pointed out other opportunities to collaborate in defence manufacturing, pharmaceuticals, tourism, real-estate, entertainment, infrastructure and technology sectors.

India's developmental policies

Highlighting the developmental policies such as Make In India, the Smart Cities project and Skill India, he further said that the introduction of the Goods and Services Tax (GST) and the recent rise in Ease of Doing Business rankings was helping business establishments to grow and prosper in India.

The President of India, Mr Ram Nath Kovind, addressing India-Greece
business forum meeting

"I expect the Chambers of Commerce, Export Promotion Council and all industry groups to participate in the event and make it a grand success," he added.

"We have accepted the Greek Government's invitation to be the "Honoured Country" at the ThessalonikiInternational Fair, Greece's flagship business event, to be held in September 2019. I hope this will give a major boost to our bilateral trade. And while the two Governments are taking lead, we would expect Chambers of Commerce, Export Promotion Councils and Industry Groups to participate in the Thessaloniki fair in large numbers and make our partcipation a grand success," he added. Shakespeare, Rembrandt, Beethoven will make films... all legends, all mythologies and all myths, all founders of religion, and the very religions... await their exposed resurrection, and the heroes crowd each other at the gate."

Expressing optimism about India making its presence globally in sectors such as Information Technology (IT), entertainment, pharmaceuticals, infrastructure, automobiles, energy, technology and hospitality sectors, the President said tourism is a potential area for developing skills.