Engineering Export promotion Council (EEPC) India has inked an agreement with Deutsche Messe for 'Partner Country' status at Hannover Fair, scheduled between April 13 and 17 at Hannover in Germany.

This, according to an EEPC release, would give Indian hi-tech products and services instant visibility at this global event. The Ministry of Commerce has mandated EEPC India along with the India Brand Equity Foundation (IBEF) for organising the high level participation.

The Executive Director and Secretary of EEPC India, Bhaskar Sarkar, and the Senior Vice-President of Deutsche Messe, Marc Siemering, have signed the agreement.

Prime Minister Narendra Modi is expected to attend this event.

India, which has been participating in Hannover Messe for several years now, was a partner country in 2006.

According to the release, participation in 2006 generated total business worth $1.3 billion. Several major deals were finalised, including joint ventures between Mann Age and Force Motors, Deutsche Bann and Indian Railways, during the Hannover Fair in Germany in April 2006.

“India and Germany have over $21 billion bilateral engagements and Germany is one of India’s largest trading partners. There is potential for further growth of foreign direct investment and we are hoping that through participation in Hannover Messe, we will be able to further strengthen the Indo-German trade relationship. A major focus will be to reinforce our global supply chain by attracting some key global investors from the fair to our country,” said Anupam Shah, India Chairman, EEPC.

“India is one of the fastest growing economies in the world, and our engagement will prove highly beneficial for both the countries. This alliance would give India an opportunity to stimulate its economic growth and provide a suitable platform to engage with exhibitors from across the globe. Deutsche Messe in India, would in the coming months support the Indian Government build participation for the show,” Siemering said.

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