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India Seeks Dutch Boost for Tech & Mfg
24 Oct
Summary
- FICCI urges Dutch investment in India's manufacturing and technology sectors.
- Partnerships aim to integrate supply chains to meet Dutch quality standards.
- India-Netherlands trade and FDI are crucial for deepening India-EU ties.
Industry body FICCI has urged greater Dutch investment in India's manufacturing and technology sectors. During Commerce Minister Piyush Goyal's visit, discussions focused on joint ventures and technology partnerships to deepen bilateral economic ties.
Key areas for progress include manufacturing partnerships, technology collaborations, and supply chain integration. FICCI emphasized supplier-development programs to help Indian MSMEs meet Dutch quality and sustainability requirements.
The Netherlands is India's fourth-largest FDI source within the EU, with approximately USD 58.1 billion invested between April 2000 and June 2026. The upcoming India-EU free trade agreement is expected to further solidify this relationship.
Discussions also explored cooperation in logistics and supply chain connectivity, potentially leading to commercially viable projects involving ports and warehousing. Enhanced policy predictability and infrastructure development are crucial for investor confidence.
