VDMA Mining Web-Meeting India
India has chosen to use coalmining and powergeneration to revive Indian economy post covid. India is the only country which is going to almost double coalproduction in next 3-4 years.
100% FDI being allowed in mining would be an incentive for foreign companies to set up their shops here. Hence right time for German companies to look at India.
VDMA Mining and VDMA - India together organised the VDMA Mining Web-meeting INDIA on 20th August 2020, which dealt with the current situation in the mining sector in India.
VDMA Mining Chairman, Mr. Gerd Knapwurst presided the meeting. Mrs. nandini chakravarty, Vice Chair, Confederation of Indian Industry (CII) - MCED Division made a special address taking about the current challenges and opportunities in the sector post Covid19.
Mr. V. K. Arora, Chief Mentor, Karam Chand Thapar & Bros (Coal Sales) Ltd. gave a good overview of Indian coal industry. Followed by a presentation from my colleague Klaus Stöckmann on the miningmachinery industry in Germany and globally. And Mr. Rajesh Nath moderating the session.
We had more than 40 members participating both from India and Germany.