German firms keen on investments in Telangana

Published by Metro India News on October 05, 2016 00:17:17 AM

Dr Martin Ney German Ambassador, accompanied by his wife Dr Gabriele Ney, called on Chief Minister K Chandrashekhar Rao at the camp office on Tuesday and informed that many Gernam companies are evincing the interest to invest in Telangana. The Ambassador complimented KCR and Government of Telangana for conceiving and implementing a variety of people centric programs and schemes benefiting many. KCR briefed him about the State industrial and IT policies handed over a copy of industrial policy and said this is the best single window policy in the world.

The Chief Minister also mentioned about IT hub and incubator established by Telangana government.  During the courses of discussion referring to the participation of the Federal Republic of Germany in the development of Telangana, the Ambassador mentioned that in India as of now there are as many as 1846 German firms in India but most of them are concentrated in Pune and Chennai.

He expressed his country’s preparedness to bring German companies to Telangana and invest here in the future. Chief Minister enquired about the system of education in Germany, where skill development and education are run parallel aiming at creating employment opportunities. The Chief Minister also said that Telangana government would establish more and more contacts with the Ambassadors of European and Gulf countries and invite them here to explore the possibilities of their country’s participation in the development of Telangana.

Dr Martin Ney informed KCR that they have appointed BV Mohan Reddy as Honorary Consul of German Embassy here in Hyderabad. He also presented a memento and two books, namely, Art at Telangana (Coffee Table Book) and Telangana Tourism’s book on temples. Minister for Industries, IT and Municipal Administration K T Rama Rao, Chief Secretary Dr Rajeev Sharma, Principal Secretary Industries Arvind Kumar, B V Mohan Reddy of National Association of Software and Services Companies (NASSCOM) foundation, Achin Fabig Consul General Germany and Protocol Officer of Consulate Padma Priya Ramamurthy are also present.