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Industry & Economy
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Foreign Trade
Germany invites Indian MNCs
New Delhi, April 11
The Eastern part of Germany is keen to attract more
Indian multi-national companies to set up base
there, a study undertaken by KPMG indicates. Eastern
German industries with investment potential for Indian
companies include the automotive supplier industry,
mechanical engineering, engineering services,
microelectronics, renewable energies, biotechnology,
chemicals and pharma, and service centres, the study
points out. The study, titled `Eastern Germany as a
location for Indian direct investment', was released
recently by the Deputy Minister, German Federal
Ministry of Transport, Building and Urban Affairs, Dr
Engelbert Luetke Daldrup. - Our Bureau
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