Ministry of Heavy Industries & Public Enterprises
07-February, 2017 14:38 IST
Economic Cooperation with Central and Eastern Europe
The Government is taking various measures for bringing investment from all over the world, including Central Eastern Europe, to India like opening up Foreign Direct Investment in many sectors, carrying out FDI related reforms and liberalization and improving ease of doing business in the Country.
India has engaged Czech Republic in heavy engineering since its formation. Further, India has been interacting with Russian Federation in heavy engineering since its formation for technological cooperation in the field of heavy engineering.
Czech Republic and Russian Federation remain major partner of India in heavy engineering industry through their continued support. Some of the major achievements emanated from interactions with these countries are indicated below:
Ministry of Industry, Czech Republic has signed an Memorandum of Understanding (MoU) on 24.11.2015 for technology cooperation in heavy engineering. It includes modernization of Heavy Engineering Corporation (HEC) by Czech Engineering Firms.
HEC was set up with Russian collaboration. An MoU has been signed between HEC and M/s. CNIITMASH, a Russian Government Company, for transfer of latest technology to HEC and setting up a training infrastructure for highly specialized metallurgy like electro slag re-melting, welding, gearbox manufacturing and non-destructive testing.
BHEL has signed a MoU on 15.04.2015 with the Russian Joint Stock Company INTMA to set up a Gas-based Power Project in Kazakhstan .
Andrew Yule & Co. Limited has signed a MoU with M/s. Togliatti Transformator, Russia on 10.01.2014 for technical knowhow and design in the field of manufacturing of transformer.
This information was given by Minister of State in the Ministry of Heavy Industries and Public Enterprises Shri Babul Supriyo in reply to a written question in the Lok Sabha today.
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Ministry of Shipping
07-February, 2017 15:05 IST
Shri Nitin Gadkari Holds Meeting with Deputy Prime Minister of Belgium : Seeks Greater Belgian Participation in the Maritime Sector
The Minister of Shipping and Road Transport & Highways Shri Nitin Gadkari met the Deputy Prime Minister of Belgium Mr. Alexander De Croo, in Mumbai yesterday to discuss bilateral issues concerning the maritime sector. Shri Gadkari sought greater participation of Belgian companies in Sagarmala projects, inland waterways and development of industrial clusters. He talked about the immense opportunities that exist in India in the areas of coastal shipping, inland water transport, cruise, new port development, smart-port industrial city and development of green ports and urged the Belgian delegation to further strengthen the cooperation that already exists between the two countries in the maritime sector.
The Deputy Prime Minister of Belgium recalled the expeditious steps taken by Government of India in setting up the JNPT Antwerp Port Training Centre, which is now functioning well. He assured that Belgium would extend full cooperation for the development of the maritime sector in India. He further said that these issues can be discussed in detail in the forthcoming Belgium-Luxembourg Economic Union (BLEU) meeting, which is slated to be held in May 2017. Another high-level visit of Belgian delegation is also scheduled to visit India in November 2017.
The meeting was attended by Shri Ravindra Agrawal, Joint Secretary (Sagarmala), Ministry of Shipping, Shri Neeraj Bansal, Chairman In-charge, Jawaharlal Nehru Port Trust, Mr Jan Luykx, Ambassador of Belgium to India, Mr Peter Huyghebaert, Consul General of Belgium to India, Mr. Marc Van Peel, President of Port of Antwerp, Mr Kristof Waterschoot, Managing Director APEC & PAI, , Mr Luc Arnouts, Commercial Director Port of Antwerp, Baron Mr Eddy Bruynickx, Honorary CEO of the Port of Antwerp and Mr Jürgen Marchand, Trade Commissioner, Flanders Investment and Trade.
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The Deputy Prime Minister of Belgium, Mr. Alexander De Croo meeting the Union Minister for Electronics & Information Technology and Law & Justice, Shri Ravi Shankar Prasad, in New Delhi on February 07, 2017.