PM highlights potential of defence, drones, agriculture, ICT sectors
Greece is geographically located and is the natural entry point for Indian companies to enter the European market, especially after Brexit, Prime Minister Kyriakos Mitsotakis has told his Indian hosts.
“After Brexit, Indian companies will be looking for a new European anchor to access the European market,” he said at the ‘India-Greece Business Forum’, organized by FICCI and Enterprise Greece https://www.enterprisegreece.gov.gr/en on 22 Feb 2024.
He also informed that the two countries expect to make concrete announcements soon regarding the signing of the mobility migration agreement, enabling more Indian labor to come to Greece in an organized manner.
Highlighting the areas of potential, Mitsotakis said that there are various sectors with huge potential which include defence, drones (sea drones particularly), agriculture, ICT, tourism & hospitality and film industry.
“India is a powerhouse for technological development, and Greece, emerging over the past decade, has a very dynamic tech sector, primarily fuelled by Start-up companies that have been doing incredibly well,” he noted.
“I can see interesting natural synergies emerging in the technology space,” he added.
Konstantinos Fragkogiannis, Deputy Minister of Foreign Affairs for Economic Diplomacy and Openness of Greece, added, “Further strengthen our economic relations, we should capitalize on the unique advantages of India and Greece.”
“Both nations have specific areas of interests, primarily in diversifying sources, routes, and supplies, as well as developing regional interconnections to improve energy security.
“Bilateral engagements with India with a focus on sectors like artificial intelligence, culture, science and technology, tourism and energy are the top priority of the government,” said Fragkogiannis.
The Prime Minister also addressed Raisina Dialogue https://www.orfonline.org/forums/raisina-dialogue during his visit.
“We are already a well-established logistics center and international gateway, but we want to increase connectivity and promote trade still further,” he said at the dialogue on 21Feb.
“Piraeus is one of the busiest ports in Europe. More of our ports are in the process of being privatised.”
Mitsotakis also highlighted that the Greek shipowners https://ugs.gr/en , something which is absolutely critical also for India, control the largest merchant marine fleet in the world.
“And beyond the flow of goods, we are pursuing new ‘corridors’ for data and energy.”
The emergence of groundbreaking projects like ‘IMEC’, the India-Middle East- Europe Corridor, hold great promise to supercharge connectivity between India, the growth economies of the Middle East and Europe, he noted. Fiinews.com
