The Hindu Business Line : Karnataka to participate in Hannover Tech Fair

The Karnataka Government today announced its participation in the Hannover Technology Fair as part of its efforts to woo investors in key technology and engineering sectors.

The State with 25 stalls at the prestigious fair, which includes representation from the Government, opens in Germany. It underlines the State's keenness to expand German investments in Karnataka.

A six-member team headed by the Deputy Chief Minister, Mr B.S. Yediyurappa, is leaving for Germany tomorrow. The delegation would also hold negotiations with international business leaders participating in the Hannover Fair. The team will make a presentation for industry leaders on prospects for investment in the State.

Germany has a strong presence in Karnataka with 115 companies operating in the State. In all, 780 companies in different sectors, largely engineering, have their bases in India.

The team comprising Mr Yediyurappa, the Minister for Small Industries and Sericulture, Mr Katta Subramanya Naidu, Mr Mahendra Jain, Secretary, Small Scale Industries, Mr Mohamed Sanaulla, Commissioner for Industrial Development and Director of Industries and Commerce and Mr H.L. Shivananda, Managing Director, Karnataka Udyog Mitra, will hold talks with business leaders in Germany.

Eurocopter company is promoted by Germany, France and Spain has already been supplying components for Dhruv, advanced light helicopter, developed by Hindustan Aeronautical Ltd (HAL), Bangalore. Eurocopter had entered into technical collaboration with HAL about four years ago. Eurocopter is keen on setting up of its manufacturing base in Bangalore to supply components. It would set up the unit to supply service-based components for markets of the South Asian countries, said official sources.

Mr Yediyurappa and Mr Naidu will meet officials of the Audi A.G. car company and explain to them cost-advantage by investing in the State.

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