German firms tap Kolhapur foundries for biz prospects German Indian Business Centre (GIBC), an organisation formed by Niedersachsen state of Germany, has knocked the doors of Kolhapur-based foundry industry. The centre said that the industry in Europe including Germany is phasing out due to strict environmental norms, but production has to be continued. Hence, several German companies are looking for partnership to carry out the production work with India being the potential place to do so. For the purpose, Wolfgang Hoeltgen, founder of the centre, interacted with select industrialists from the city on Saturday evening. The meeting comes in the backdrop of India being the country partner of the international exhibition at Hannover Messe, where Prime Minister Narendra Modi will be present along with German chancellor Angela Merkel. Source:TOI
Posted on: Tue, 09 Dec 2014 06:45:45 +0000