New Delhi, June 27: Indian industry body Assocham on Monday opened an office in Madrid to deepen commerce and funding relationship between India and Spain.
The Related Chambers of Commerce and Trade of India‘s Madrid workplace was opened collectively by Assocham president Sunil Kanoria and Indian ambassador to Spain Vikram Misri.
“That is the primary and solely everlasting illustration workplace of an apex Indian commerce and industry physique in Spain and guarantees to be a wonderful data, assist and facilitation platform for Spanish and Indian firms and establishments alike,” Kanoria stated on the launch, in keeping with an Assocham assertion.
This would be the Indian chamber’s fifth workplace in Europe after these in Germany, France, The Netherlands and England. The Madrid workplace is the 25th worldwide workplace of the chamber.
“The Assocham India-Spain Business Promotion Council will probably be headed by Sudipto Dasgupta, an ex-banker and present accomplice of Strategic Karma in Spain,” Assocham stated.
The India-Spain bilateral commerce has hovered at a modest stage of round $four.5 billion yearly. In accordance with the Indian External Affairs Ministry, Spain is India’s seventh largest buying and selling accomplice within the EU.
Photo Courtesy: www.portwings.in
