Prime Minister Narendra Modi is visiting the IT capital on Tuesday following his visit to the Silicon Valley last month. It gains significance as he will attend two major events in the City along with German Chancellor Angela Merkel.
The visit of both the leaders is expected to bolster the trade relationship between two countries. Already, Bengaluru houses major German business house like Bosch, SAP, Siemens, Mercedes-Benz, among others. The high-profile visit is also expected to boost Modi government’s programmes such as ‘Make in India’, Digital India and Smart city projects.
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Around 1,600 German companies have established there presence in India, out of which over 200 are registered in India. According to German Counsel, German companies had made an investment of around 9.7 billion Euro in India and provide workplaces for more than 4,00,000 Indians.
The first official programme in the itinerary of the German Chancellor will be a visit to the Bosch facility in Audugodi. The company will showcase its innovative projects and the group’s commitment to skill development in India. Chancellor Merkel will experience firsthand industry 4.0 and Internet of Things in the making in Bengaluru.
After, which both Mr Modi and Ms Angela will have tour of the vocational facility of Bosch and is expected to make a joint statement.
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Later, both leaders will jointly address an Indo-German summit hosted by Indian IT association Nasscom in association with Fraunhofer called ‘Digitizing Tomorrow Together’. Both the leaders will also interact with Indian and German business leaders who are participating in the event.
On Monday German research organization Fraunhofer-Gesellschaft signed Memorandums of Understanding with Bengaluru-based PSU HMT Limited.