As Maharashtra Chief Minister Devendra Fadnavis is set to join Prime Minister Narendra Modi in Hannover tomorrow, he has several priorities in focus, including setting up a manufacture facility for German auto giant Volkswagen and attracting Swedish aerospace and defence company Saab to invest in the state.
Besides, Fadnavis will also meet top officials of bus manufacturing company VOLVO and Swedish engineering group Sandvik for expanding their base in Maharashtra. The Hannover Trade Fair in Germany, to be held between April 13 and 17, will be jointly opened by Modi along with German Chancellor Angela Merkel.
India is partner country at Hannover Mess 2015, the world’s largest industrial trade fair. “Till now, companies like Volkswagen used to be in a semi-knocked down state where they import every part of the car and assemble it in the country to save customs duty. This does not create value addition, nor does it bring in investments for us.
“Thus, we have asked Volkswagen to manufacture cars here,” Praveen Pardeshi, Principal Secretary to the CM said.