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CEW News Features

bustling place. Many global players from the


chemical industry are seeking the Indian
market for investment as there is a growing
impetus on knowledge based chemicals
specialty and fine chemicals. Though the
current economic conditions and business
scenario appear slightly constricting, there
is reason for optimism as these are cyclic
phenomena. He is confident that a turn of
events is around the corner and the Indian
growth story will be back on track with the
GDP on the better side of 7 per cent in the
foreseeable future.

Dr Andreas Widl, Chairman, Samson AG,


shared that by expanding the factory,
Samson intends to support the India
growth story as it views the Indian market
as a place to enjoy greater business
progress. Government support could
further ease out business processes,
simplify transaction processes, and
reformative measures for issues like
labour reforms, uninterrupted electricity
supplies, infrastructure development will
further facilitate development that would
benefit everyone.

Yatinder Suri, Country Head, Outokumpu


India, said that from the views expressed by
the 4 foreign speakers and fellow Indian B
Narayan about the scope for opportunities
in India, it is evident that a plethora of
substantial prospects await Indian and
overseas companies in India. Congratulating
Chemtech Foundation on organising such
an inspiring platform, he added that it is run
by the industry for the industry; where the
whos who of the industry come together to
rub shoulders, share their experience and
ideas to build a better industry.

B Narayan

Dr Andreas Widl

Dr Benno Lueke

India is inching forward and offers hope for


favourable results. Regarding the scope for
investments, India is a consumption based
economy, unlike China. Indias import
content is about USD 500 billionout of
which USD 30 billion relates to the import
of chemicals

Government support could further ease out


business processes, simplify transaction
processes, and reformative measures for
issues like labour reforms, uninterrupted
electricity supplies, infrastructure development
will further facilitate development that would
benefit everyone.

The work culture, dynamism of Indian


companies, vision of captains and approach on
the business front makes India a very happening
and bustling place. Many global players from
the chemical industry are seeking the Indian
market for investment as there is a growing
impetus on knowledge based chemicals

Dr Kurt Wagemann

Yatinder Suri

Richard Clemens

Discussions
related
to
generative
technologies, progress and challenges in
sectors like biotechnology and chemicals
and digitisation will further fortify the
partnership of the two nations that has
continued since many decades

...It is evident that a plethora of substantial


prospects await Indian and overseas
companies in India. Congratulating
Chemtech Foundation on organising such
an inspiring platform that it is run by the
industry for the industry...

Export of German industrial products to


India is on a steady increase and the number
of German subsidiaries in India is also
growing at a similar pace. India is playing an
increasing role with respect to investments in
pharmaceutical and other industrial products.

22 July 2015

Chemical Engineering World

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