President of India addresses India-Iceland Business Forum on the final day of his state visit to Iceland

Last Updated: September 12, 2019

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President of India addresses India-Iceland Business Forum on the final day of his state visit to Iceland

President of India addresses India-Iceland Business Forum on the final day of his state visit to Iceland

12 September 2019 Current Affairs: Shri Ram Nath Kovind, addressed the India-Iceland Business Forum in Reykjavik, Iceland.
India’s growth and commitment to sustainability and Iceland’s business strengths make for a natural partnership. Iceland’s capacity in the fields of geothermal energy, circular economy, financial services, fisheries, food processing, shipping, tourism and innovation.It is a pioneer in green technologies, be it carbon capture, energy efficient buildings or waste-to-wealth projects. The economic success is a India’s transformative growth programmes and next-generation infrastructure projects present immense opportunities for Icelandic companies.
Indian market and Iceland’s business strengths can add significant numbers to them. Iceland can look at sourcing manufactured goods, fruits and vegetables, textiles, chemicals and engineering goods from India. India and Iceland in the pharma, healthcare and biotech space. Finance, hospitality and tourism services also present significant opportunities.
Iceland’s technological prowess and India’s scientific skills could embrace each other to drive the Fourth Industrial Revolution and the machine-intelligence age. Our Start-ups working on robotics, ecology and marine litter can be the potential anchors of our future engagement, in Iceland, India or in any other part of the world.
The President will meet Prime Minister Katrín Jakobsdóttir of Iceland at a working lunch hosted in his honour.

Daily Current Affairs 2019



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