Kamal Nath to lead SME delegation to Germany

NEW DELHI: A delegation of Small and Medium Enterprises led by Commerce and Industry Minister Kamal Nath will visit Germany to strengthen economic and bilateral relations and explore business opportunities there.

During the two-day visit starting September 8, the minister would meet key German officials, representatives of industry associations and SMEs as well as investors, CII said in a statement.

He would also deliver the inaugural address on 'India- partner for medium-sized businesses in Germany' at the annual Handelsblatt conference.

The 90-member delegation would visit Daimler Factory in Stuttgart and training centre of the Chamber of Koblenz to learn more about German vocational training, the chamber said.

The Indian delegation consists of representatives from several sectors such as automotive, chemicals, electronic, electrical, ayurveda, leather and renewable energy.

Nath would also lead the delegation to Czech Republic on September 10, to evaluate the opportunities and challenges for Indian companies in the European nation with a view to strengthen trade and economic relations.

In Czech Republic, the delegation would visit Skoda Power and Skoda Auto factory amongst other industry visits.

In the last five fiscal years, bilateral trade between India and Czech Republic has witnessed growth of 17.24 per cent and crossed the USD 450-million mark.