AUSTRIA PAVILION AT PLASTINDIA 2023

The most recent Austrian Business Community (ABC) Indicator Survey indicates a positive development for India as a market.The general economic and business outlook is deemed favourable, as 60% of respondents expect the overall economic climate in India to improve. However, there also remain challenges in terms of rising costs of raw materials and the fight against corruption.Since last year had seen the restart of negotiations between India and the EU on a Free Trade Agreement, hopes are high that such an agreement will further enhance the business and investment climate for Austrian companies in India. 73% of respondents expect a positive impact on their business if an EU-India FTA came to pass.Find all these and more insights in the PDF linked below.

In the last week of January 2023  a "soft" launch of the European Chamber of Commerce in Bangladesh with a large number of companies present happened.  The launch was supported by a European Commission expert  who has been involved in the establishment of several European chambers around the world.The Eurocham shall be fully operational by this summer.   Please don't hesitate to be in touch should with our office in New Delhi if you require further details.

As India holds the Presidency of G20 for 2023, it will host the eighteenth G20 Summit.