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Dutch cos keen on investing in agrifood, food processing

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Press Trust of India Mumbai
Several Dutch companies see many businesses opportunities and are keen on investing in agrifood, food processing, automotive and the creative industry in India, a senior visiting official from Netherlands said today.

"We are exploring various business opportunities and are looking at investing in ... Sectors like agri food, food processing, automotive and the creative industry in India," Minister of State of Noord-Holland, Jaap Bond told PTI here.

As part of the Amsterdam India Business Journey, a Dutch business delegation is currently visiting the country to attract Indian businesses and knowledge institutions to the Amsterdam Metropolitan Area.

An over 20-member delegation is visiting Mumbai and Pune essentially to explore opportunities.
 

The bilateral trade between India and Netherlands is growing and we see 5 per cent growth from the 3 per cent growth earlier, Bond said.

"Today's relationship between the Netherlands and India is driven by modern sectors such as ICT, the life sciences and logistics. Many major Dutch companies already have a successful and growing presence in India. Likewise, about 180 Indian companies are currently active in the Netherlands, over half of which are based in the Amsterdam Metropolitan Area," he added.

"There is huge potential for Dutch businesses in India. I feel confident that this delegation - comprised of representatives of the Dutch business community, knowledge institutions and the local government - will bring our two countries even closer with even more economic and other opportunities for both," he added.

Bond pointed out that due to the fast growth of the economy, India is a dynamic emerging market.

Several Dutch companies namely Philips, Unilever, Heineken, TomTom, Elsevier, DSM, AkzoNobel, and Shell have established offices in the country.

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First Published: Nov 15 2016 | 8:07 PM IST

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