German Chancellor, PM Modi visit Rajasthan Stall at Hannover Messe

 high-level delegation from Rajasthan, led by the Industries Minister Gajendra Singh Khimsar, is participating in the Hannover Messe, during April 12–17, to discuss investment opportunities in Rajasthan with key German companies.

 

Said Khimsar, “Rajasthan has a remarkable track record of attracting, facilitating and nurturing investments. We are reaching out to potential investors from Germany. We are keen to showcase the opportunities offered by our state and want to explore areas of cooperation with German companies. In line the successful Japanese Zone in Neemrana and the just announced second Japanese Zone in Ghiloth, a country specific zone for German investors may be developed to facilitate procedural requirements, identifying suitable land and ensuring availability of energy, manpower and raw materials.”

 

During the course of the visit, the Industries Minister who is accompanied by senior state government officials and a delegation from the Confederation of Indian Industry (CII), shall interact with senior business and political leaders to attract investments in sectors such as Automotive, IT & ITeS, Engineering, Electronic Hardware, Renewable Energy, Food Processing, Solar, Minerals and Ceramics.

 

Abhay Kumar, Commissioner of Industries, Government of Rajasthan remarked, “India is a partner country at the Hannover Messe 2015 as part of "Make in India" initiative of the Government of India. Rajasthan is represented at the India Pavilion of the Fair where we have showcased the various opportunities and advantages for German companies to invest in the state."

 

This outreach is part of the Rajasthan Government’s efforts to meet potential investors across the globe in the run-up to the Resurgent Rajasthan Partnership Summit to be held in Jaipur on November19-20, this year.

 

On Sunday, the Industries Minister held meetings with senior executives Deutsche Bank. 

 

Arindam Banerrji, Group Technology & Operations said, "Deutsche Bank's centre of excellence in Jaipur is an important part of its global infrastructure. Rajasthan has a rich talent pool and the bank employs over 2000 employees there, almost 10 per cent of whom speak fluent German. The bank works closely with state authorities on a number of initiatives in education, sustainability and community welfare.”

 

The Industries Minister will be meeting with senior executives from Audi, Volkswagen, Baden-Wurttemberg, Inreal Technologies, RBK Group and Kuon Architects. The Minister also held meetings with Cadilla and Hannover Milano Fairs India.

 

During the course of the week, high-level meetings are also planned with Boson Energy, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Maier GmbH.

Khimsar shall also meet with Dr. Johann Schachtner, Head of the Internationalisation and Industry Deparment, Bavarian Ministry of Economic Affairs and Media, Energy and Technology, to discuss areas of mutual cooperation.  

 

The state of Rajasthan is reaching out to partner with key stakeholders in its journey towards sustainable long-term growth and inclusive development. In a bid to attract foreign investors, the Rajasthan government has established an effective ‘single-window clearance’ mechanism to expedite the process of setting up industrial units and offers attractive financial incentives under the Rajasthan Investment Promotion Scheme (RIPS). It has also pioneered labour policy reforms in India to make them “employment-friendly” which will significantly enhance the ease of doing business in the state.

 

The state also benefits from the proposed Delhi-Mumbai Industrial Corridor (DMIC), a mega infrastructure project which includes smart cities and industrial clusters along a Dedicated Freight Corridor (DFC) between Delhi and Mumbai. Nearly 39% of the DFC falls under Rajasthan and around 60% of the districts in the state fall under the project’s influence.