VDMA Summit Focuses On Mechanical Engineering

VDMA Summit Focuses On Mechanical Engineering

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The 6th VDMA Mechanical Engineering Summit was held on September 8, 2017 at Hotel Sheraton Grand, Bengaluru, which was attended by more than 220 people. India is the second-largest sales market in Asia for the German engineering industry.

The summit commenced with a welcome address from Rajesh Nath, Managing Director of VDMA India. Nath spoke about the history of VDMA starting from its inception in 1892 and is celebrating 125 years in 2017. VDMA India had organised business forums in major cities in India and has been playing an active role in spreading awareness on Industry 4.0 among the Indian industry.

The Business Climate Survey among the German companies conducted by VDMA for the first time in India. The outcome was: 47 per cent of the participants said the climate is good, whereas 48 per cent considered it normal and only 5 per cent termed it slower than last year. The Chief Guest, RV Deshpande, Minister, Large and Medium Scale Industries, Karnataka, congratulated VDMA on its 125 years celebration. Karnataka is a keen supporter of Make in India and is encouraging more companies to set up their manufacturing bases in Karnataka. The Minister also thanked VDMA member companies, who have already established themselves in Karnataka and also extended a welcome to all those members who would plan to invest in Karnataka in the future. The Minister requested more German companies to start operations in Karnataka.