In Tamil Nadu, it will focus on renewable energy, agro food processing
The Netherlands is planning to boost its exports to India from 2.7 billion euros to 6 billion euros by 2017, its Ambassador to India, Alphonsus Stoelinga, said on Wednesday.
On his maiden visit to Chennai, he said they exported goods worth 22 billion euros to Italy, 7 billion euros to China and 2.7 billion euros to India.
While Chinese exports were in the region of 30 billion euros, India exported goods worth 7 billion euros.
Addressing the members of the Madras Chamber of Commerce and Industry (MCCI), he said, “The time has come for the Netherlands to focus on new areas such as Asia, Brazil and India as the European Union is reeling under global recession. We export nearly 70 per cent of our produce to the European countries, but the situation is not good. We have received a point of saturation and hence counting on India for growth. Last year, our exports to India grew by four per cent and we expect to do better this year.”
On the Foreign Direct Investment, he said both India and the Netherlands shared the fifth spot, even though the quantum of investments was totally different.
After completing his assignment in Italy, Mr. Stoelinga came to India some six months back on a four-year mission to improve the bilateral trade and investments between two countries. He will be travelling to Cuddalore to inaugurate DMV Fonterra firm on Friday.
Asked about their focus area in Tamil Nadu, he said renewable energy, agro food processing, solid waste and water management were the key areas, while in Karnataka it was agro food processing, horticulture, life science and health care. In Kerala, it was spice processing and inland water ways. Besides, his team was interested in offering its expertise in logistics, reclamation of land, creative industry, energy, urban planning and harbour management.
On the opening up of retail sector recently by the Indian government, he said it offered a huge opportunity for the Dutch companies in supply chain management
Meanwhile, a 10-member business delegation from the MCCI will be visiting the ports of Zeebrugge, Ghent, Rotterdam and Antwerp from May 12 to 19 to study the facilities, best practices and to make best use of them in an efficient and cost effective manner.