Germany is keen to partner with Karnataka in totally different sectors, primarily in inexperienced and renewable energy segments, stated Achim Burkart, Consul General, German Consulate, Bengaluru, right here on Wednesday.
Karnataka, presently being the best in the nation in phrases of renewable energy combine, was a super place for renewable energy, utilizing 66% of its energy from renewable sources, as on November 2022, up from 13% in 2016, in accordance to Mr. Burkart.
“Karnataka is the perfect place for renewable energy whereas hydrogen is one area the Union authorities could be very keen on and has a transparent technique. Germany can be very keen on this area,’‘ he elaborated while participating at an event in connection with EMO Hannover, the world’s main commerce honest for manufacturing know-how scheduled to be held in Hannover between September 18 to 23.
Bengaluru was very effectively positioned for all of the analysis and growth of all of the concepts which are wanted in the renewable sector. Being an IT and Engineering Hub, the town was anticipated to play an vital function in India’s renewable story, the Consul General stated.
FTA will make commerce monumental
During the German Chancellor’s go to to India lately, each governments mentioned the India-EU Trade Agreement, Mr. Burkart additional stated.
“A really tough factor to obtain however it’s a crucial factor. With an FTA the potential of commerce between India and the EU might be monumental,’‘ he stated.
There was also a geo-strategic goal, Germany’s greatest buying and selling partner was China, and Germany had to take a look at different geographies to broaden commerce, he stated. “If we take a look at the demographic of India, India is the place to be because the nation may have a younger workforce for the subsequent 20-30 years. India’s workforce itself is as massive because the German inhabitants. So, India is a vital partner for Germany,’‘ he added.
Defense cooperation
He further said, apart from IT development and R&D, there were also opportunities for defense cooperation. “Here we are talking about hardcore weapons. Traditionally, Germany has been very reluctant in delivering arms to the world, but things have changed with the Russia-Ukraine war. So, defense cooperation is an important issue,’‘ he said.
