India's Silicon Valley and the meeting Mitsotakis had with Indian businesses

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In Bangalore today, the Greek business delegation under the Deputy Minister of Foreign Affairs, Mr Kostas Fragogiannis, will have contacts with Indian companies that wish to explore possible collaborations.

And now the technology! In the so-called "Silicon Valley of India", the city of Bangalore is being visited by the Greek business mission under the Deputy Minister of Foreign Affairs, Mr Kostas Fragogiannis, where he is expected to continue his contacts with Indian companies that wish to explore possible collaborations.

Having formed the third largest ecosystem of start-ups around the world but also being an important "link" in India's technological boom, Bangalore represents an important opportunity, as Prime Minister Kyriakos Mitsotakis made sure to emphasise yesterday, urging greater cooperation in the field of technology with the Indians.

"India is a strong force (in the field of technology), and Greece in the last decade is flourishing with a "peak" in the start-up ecosystem. So I see that there can be many synergies here", noted Mr Mitsotakis during yesterday's event in Mumbai in a packed room due to the particularly large participation.

Although appointments have been made for the whole range of activities represented by the Greek participants, most of them concern various fields of technology, so the "lion's share" is by companies, professionals and institutions around the start-up business ecosystem.

The speech of Mr Niraj Jemawat, founder and CEO of an important Indian company in the technology field, Gateway, is expected with particular interest. Today, this particular company is a global player with a "leading edge", mainly in software development for major automobile manufacturers.

Of course, technology does not monopolise today's contacts during the conference organised (also) in Bangalore by the Confederation of Indian Chambers of Commerce and Industry.

Until noon, several presentations are expected to be made on the opportunities presented by Greece today. These include the managing director of Enterprise Greece, Mr Marinos Giannopoulos, and the President of TAIPED, Mr Dimitris Politis.

Also, Mr Adam Korakiwala, head of development of the Switz Group and son of the head, Taizoon Korakiwala, is expected to present to the Indian businessmen the successful example of the group's activities in Greece. It is recalled that the Switz Group has made a series of investments, acquiring some well-known companies that move around food, such as Ioniki Sfoliata, Kriton Artos, the Koulourades chain.

The conference will be graced by the Minister of Large and Medium Enterprises of the Local Government of Karnataka, Shri MB Patil and the Deputy Minister of Foreign Affairs, Mr Kostas Fragogiannis.

Meetings

The atmosphere, in general, is positive, especially after the success of yesterday's event in Mumbai, in the presence of the Prime Minister.

It was successful not only because of the attendance of Indian businessmen, possibly motivated by the presence of Mr Kyriakos Mitsotakis but mainly because more targeted appointments created promises for the future and the achievement of the goals set by the two governments.

Prime Minister Kyriakos Mitsotakis in the interview he gave yesterday to the television station "Times Now" and journalist Navika Kumar on the sidelines of his visit to India stressed how Greece and India aim to double trade by 2030.

At the conference held in Mumbai, India's largest commercial centre and capital of Bollywood, the prime minister appealed to Indian businessmen to invest in our country.

In fact, he also proceeded to discussions both in South Delhi and in Bombay with Indian businesses who were interested in the Greek-Indian approach. In this context, he met with a delegation of the Confederation of Indian Industry (CII) where the prospects and ways of strengthening bilateral cooperation were discussed.

In fact, in the near future the Confederation will organise a business mission for its visit to Athens.


The members of the Confederation that the Prime Minister welcomed for discussions also represent large Indian groups. Among the CII representatives was Mr Srinivas Bommidala, Chairman of the airport management arm of the GMR Group. The Indian group, which in a joint venture with GEK TERNA is building the airport in Kasteli, Crete. The others were: R. Dinesh (Chairman CII, Chairman, TVS Supply Chain Soluwons Limited), Chandrajit Banerjee (General Manager CII), Baba Kalyani (Chairman and Managing Director, Bharat Forge Limited), Sunjay Kapur (Chairman CII Europe, Chairman , Sona Comstar), Vikram Shroff (Vice-Chairman and Co-CEO, UPL Ltd.), Uday Khemka (Vice Chairman, SUN Group).

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