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"Business Networking Seminar" with the member companies of International Chamber of Commerce (ICC)

Embassy of India Vienna and the International Chamber of Commerce, Vienna in cooperation with M/S Rodl & Partner, organized a "Business Networking Seminar" at the Embassy Business Centre on 20th May 2015. The member companies of ICC participated in the event. Ms. Doris Feichtl from ICC Vienna was in charge of all the organization from their part.

Ambassador, Mr. Rajiva Misra, welcomed the guests and explained the huge potential for investing in the emerging economic market situation of India in the wake of the "Make-in-India" initiative: in the 'education' sector the population being "young" and in the 'governance' attuned to the IT/ITES development in order to simplify the business procedures.

Dr. Burger-Scheidlin Maximillian, manager of ICC expressed his appreciation of the new developments taking place in India and extended his support. He spoke of the measures to be taken for the mutually beneficial investment programs and for the maximum economic development, which would in turn reduce the negative elements of corruption, bureaucracy, etc.

The companies, mainly doing business in India, though happy about their businesses in India, but also have voiced out the difficulties they faced/facing, mainly in the delay in getting permissions to do businesses (esp. in tenders) and problems due to the complex tax system, for which Ambassador requested them to approach the Embassy, Mr. T.K. Mishra, the Commercial Representative, for assistance, if needed.

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