NEW DELHI: Lok Sabha speaker Somnath Chatterjee on Tuesday praised the technological expertise and enterprise of the German people and described it as the real backbone of the country's economy.
Mr. Chatterjee who is currently leading an Indian Parliamentary delegation to Germany, said this during the hour-long interaction with business representatives of Germany led by Walter Hirche, Minister of Economics in the Government of the State of Lower Saxony in Hanover.
Thanking the Minister for facilitating a lively interaction between the Indian lawmakers and the German business representatives, Mr. Chatterjee emphasised that such meetings would further enhance closer relationships in trade, industry, education, culture, science and technology and various other fields, a Lok Sabha secretariat release said here.
Recalling that the recent Hanover Fair in which India was the partner country was a great success, the Speaker pointed out that it was a matter of great pleasure that India would also be a participating country in the forthcoming book fair, which is likely to be inaugurated at Frankfurt during October this year.
Welcoming the Indian delegation, the German Minister informed that most of the representatives present in the meeting represented the small and medium enterprises sector. He said that during their visit to India they realised that Indian middle and small industries sector also promised good opportunities of growth. When the hosts cited the absence of adequate infrastructure in India as the main constraint for investment flow into India, the visiting delegation explained to them that the problems of infrastructure were already getting the focus it deserved and hoped that this would clear the way for greater foreign direct investment in a big way.
Earlier the Indian delegation was welcomed by the Lord Mayor of the city of Hildesheim, Dr. Kurt Machens. Mr. Chatterjee and his wife Renu Chatterjee were accorded a rare honour of signing the Golden Book of the city of Hildesheim, the release said.