GTech Delegation to visit Bavaria to explore ventures

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Tvm: A delegation from IT Companies in Kerala represented by the Group of Technology Companies (GTech) would soon be visiting Bavaria to explore and enhance cooperation. Kerala and Bavaria also reinforced their economic and trade relations in Trivandrum and reverberated the need to develop stronger and deeper relations especially on the IT front.

These were the highlights of the session on Explore Bavaria: New Business Opportunities organised by GTech in partnership with the Bavarian ministry of Economic Affairs, Infrastructure, Transport and Technology at Technopark, Trivandrum today. A similar session was held at Infopark Kochi yesterday.

Making a presentation, John Kottayil, Executive Director, State of Bavaria – India Office said, “Some 65 Indian companies including TCS, HCL, iGate, Wipro and NeST (from Kerala) have already set up their offices or manufacturing units in Bavaria with an investment of more than USD 900 million. Bavaria, the largest German state, is virtually at the centre of Europe and provides a gateway for Indian businessmen to explore the EU market”. Inviting investors to the 19 manufacturing clusters in the state, all assistances were provided to potential investors. Bavaria is the heart of the hi-tech industry in Germany in the areas such as IT, electronics, aerospace, automobiles, mechanical Engineering and telecommunications.

Anoop P Ambika, Secretary, GTech said that the Kerala with its core strength in the Information Technology sector is well positioned to tap the market opportunities in the state of Bavaria. He also requested the Bavarian Authorities to facilitate partnerships and joint venture projects for the small and medium Enterprises from the state.

Friedrich Rahn, Deputy Consul General of the Federal Republic of Germany in Bangalore and Mervin Alexander, CEO, Technopark also spoke about exploring new opportunities in Bavaria and vice-versa.

 

Anil Philip
Kerala IT News

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