Netherlands' ties with India growing stronger: Ambassador

Thursday, 02 May 2019, 04:22 Hrs
37
cmt right
23
Comment Right
45
cmt right
13
cmt right
Printer Print Email Email
Netherlands' ties with India growing stronger: Ambassador


Marten van den Berg, the Netherlands Ambassador to India on Wednesday, said the ties between India and his country were growing stronger each day.

He described India as a key strategic partner for the Netherlands - both economically and geopolitically.

"Our nations have the drive and expertise to tackle common societal challenges together, while creating opportunities in areas such as agriculture, water, smart cities, high-tech, startups, healthcare among others," he said while speaking at a session on "Dutch-India Dialogue on Trade & Technology" jointly organized by the Indian School of Business and the Netherlands Business Support Office here on Wednesday, in connection with the National Day celebrations of the Netherlands.

The session highlighted how bilateral discussion could help make technological revolution more inclusive in both the countries.

It was also revealed that the Netherlands emerged as the third largest foreign direct investor in India for 2017-2018 with investments valued at $2.67 billion and the European nation was the second largest destination for foreign investment by Indian companies, after Singapore, with investments worth $12.8 billion in 2017.

India and the Netherlands had bilateral trade of $8.77 billion during 2017-2018. Indian exports to the Netherlands grew at 14.7 per cent, while Indian imports grew at 18.2 per cent. The Netherlands is currently India's 4th largest trading partner in the European Union, after the UK, Germany and Belgium.

Telanagana's Principal Secretary, Industries and Information Technology, Jayesh Ranjan said the interests of Telangana and the global focus of the Netherlands seemed to be well aligned. He said a number of potentially strong and fruitful action plans for partnership and collaboration can be worked out through discussions and dialogue.

Prof. Anand Nandkumar, Academic Director, Centre for Innovation and Entrepreneurship at the ISB, said the advent of new technology creates more opportunities for international trade and international trade facilitates access to global technologies that accelerate local technology development.

V. Rajanna, Senior Vice President & Global Head, Technology Business Unit, Tata Consultancy Services (TCS) and Ajay Odathekal, Trade Commissioner for the Netherlands in Hyderabad, also spoke.



Read More News:



Nubia's new gaming phone comes with internal cooling



Source: IANS
SPOTLIGHT
US Indian
Facebook-owned photo messaging app Instagram has launched the beta version of its in-app sh..
Career
Wiley, a global leader in research and education has announced a series of blended learning progr..
Startup City
Youth are leading India's start-up ecosystem where the median age of founder-entrepreneurs..
Enterprise IT
Taking on streaming giants like Netflix and Hulu, Walt Disney Co. has announced it will laun..
Finance
The Reserve Bank of India injected a total liquidity of Rs 2.98 lakh crore in the market in 20..
Gadgets
Google Pixel and OnePlus smartphones are catching up and giving stiff competition to Samsu..
Technology
Facebook-owned messaging app WhatsApp is still developing its previously announced "Vacatio..
Entertainment
"Game of Thrones" author George R.R. Martin doesn't want season eight to be the final chapter of "..
Business
The Pentagon has selected Microsoft and Amazon Web Services (AWS, the cloud computing arm ..