Germany, the economic power house of Europe, has expressed its desire to be a part of the government’s smart cities project and help India build high-speed trains, ports and infrastructure.
“We talked with entrepreneurs and government officials for business opportunities in Make in India campaign. We have a new strategy on fresh stimulus to major strategic international projects abroad. We want to promote new markets and also prove German companies ability to compete with companies from China and Japan on international big projects,” said Uwe Beckmeyer MdB, the Federal Minister of Economics and Energy, Germany.
The minister is leading a German delegation, which is visting India to explore business opportunities. Germany is particularly keen on projects like high speed trains, ports, infrastructure, locomotives, renewable energy, and railways.
India and Germany already have a cooperation agreement on energy in place. “In case of large volume projects, our support could match competitiveness and this is what we have to do. German exports and economy are on a good path, we have a strong economic situation. We have also developed new coordinations to strengthen our position in business competing for projects abroad,” Beckmeyer MdB said.
