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Make in India Mittelstand program growing, says PM Modi

By Niranjan Mudholkar,

Added 31 May 2017

The initiative has resulted in growing interest of German companies in India

During his recent trip to Germany, PM also acknowledged Germany's contribution to the success of Make in India. Particularly, India's participation as Partner country in the Hannover Fair has given a big boost to Indo-German partnership, he pointed out.

"During the Hannover Messe, specific areas for collaboration were mutually identified. This included manufacturing, skill development, railways, cleaning of rivers, renewable energy, education, science and technology. In addition, we are also implementing a strategic market entry support Programme, since September 2015. It is called MIIM (Make in India Mittelstand). This is mainly to assist German Mittelstand Companies in entering the Indian Market," he added.

The MIIM Programme has been offering a wide range of business support Services. The initiative has resulted in growing interest of German companies in India.

The outcomes are that in this short period:

83 companies expressed interest to join the program;

73 Companies have enrolled as official members;

47 are at the advanced stage of investment implementation.

END

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