The union minister for roads and highways, Nitin Gadkari, opened the doors for foreign manufacturers to set up their companies on Indian soil on Thursday. With rapid industrialization and an increase in the number of development projects in the country, Nitin Gadkari has paved a new way for business. Union Minister Nitin Gadkari
Ambassador of the Republic of Austria to India Katharina Wieser and her delegation met the Indian Union Minister Nitin Gadkari and opened discussions on strengthening the relationship between the two countries while also bringing innovation to the transport sector of India. They also held talks on the latest developmental and green technology. While addressing the meeting, Gadkari invited Austrian companies to set up their plants for manufacturing Ropeways and Cable Car Components in India. He also conveyed the growing number of ropeways and cable car projects in India to his counterpart from Austria.From BMW to Mercedes, International automotive companies are thoroughly dependent on highly efficient Austrian manufacturers for the production of vehicles. The fact wasn't concealed from Union Minister Nitin Gadkari, as he appreciated the contribution and hoped for collaboration in the future.The Austrian delegates, furthermore, took pleasure in informing Gadkari about various innovative technologies and quality products manufactured by them. Apart from the talks, Austrian ambassador Katharina Wieser also invited Gadkari to visit Austria. Union Minister Nitin Gadkari
India and Austria shared an excellent trade relationship in the past few years, with products such as motorcycles, cycles, leather footwear, locomotive parts, and antibiotics being exchanged, among many others. With the new series of talks held, it is expected that the trade between the two countries will grow exponentially in the coming years. For more updates keep visiting our website www.topstoriesworld.com where we provide unbiased, true, and top stories of the world.