Innovation & Technology - For a Successful India-Austria Partnership

INNOVATION & TECHNOLOGY

for a Successful India-Austria Partnership

Embassy of India Vienna

Table of

Contents

Page 3

Introduction

Page 6

Bilateral Relations

Page 11

Articles

Page 20

Sucess Stories

Page 22

Profiles - Environmental Technology

Page 28

Profiles - Infrastructure

Imprint Innovation & Technology: for a Successful India-Austria Partnership. Edition 1. March 2011

Published by: Embassy of India, Kärntner Ring 2, 1010 Vienna, Austria Tel: +43 (0)1 505 8666, Fax: +43 (0)1 505 9219

Editor in Chief: Raj Kumar Srivastava, Counsellor (Commercial) at the Embassy of India, Vienna

Project/Desktop Publishing: Mag.(FH) Thyago Ohana, Marketing Officer at the Embassy of India, Vienna

For any suggestions and queries on commercial matters, please contact: The Commercial Wing at the Embassy of India, Vienna Website: www.indianembassy.at | Fax: +43 1 505 9219 | Email: [email protected] | Tel: +43 1 505 8666 30 Email: [email protected] | Tel: +43 1 505 8666 31

Page 32

Profiles - Automotive

Page 36

Contact Channels

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In the picture, Ambassador of India to

Austria, Shri Dinkar Khullar (right) meets

Austrian president, Mr. Heinz Fischer

The Potential of the India-Austria Partnership

by Ambassador Dinkar Khullar

The year 2011 marks the completion of two decades since the Government of India embarked on a major programme of economic liberalisation and structural reforms. It is a matter of some satisfaction that this process has yielded tangible benefits in terms of a substantial enhancement in rates of growth, expansion of investment and capital formation, productivity increases and improvement in the standard of living of the people. India is fortunate to be endowed with rich human capital and a strong knowledge base. Nevertheless, we remain fully cognizant of the tasks that remain to be completed. Our aspiration for double digit growth is driven by the desire to lift substantial sections of our society out of poverty so that they can share the fruit of the development process.

India‟s paramount interest is to render India‟s growth story an inclusive one. The lack of adequate infrastructure is recognized nationally as one of the serious impediments in achieving our ambitions and is, therefore, the central focus of Government‟s attention. Infrastructure and environment friendly technologies are sectors of direct relevance to Austrian companies with established strength in these areas. A broad overview of opportunities has been presented in this publication.

The global economic crisis has initiated debates on new themes relevant to the world economic landscape. Many new ideas and theories are emerging on how to confront the economic challenges in today‟s complex world. I have no doubt that fundamental economic principles and the dynamics of growth have remained essentially unchanged. Growth and prosperity will come through the momentum provided by technology improvement and innovation. The forces of creative destruction have been an enduring commonality of growth stories all over the globe. New products and processes are outcomes that worked for the benefit of all mankind.

Austrian companies are known for their innovative skills and will surely find immense scope in the opportunities that India provides at this juncture. India is itself nurturing innovation. This is being driven in part by necessity, but also by the entrepreneurial spirit to find newer and better ways to address every issue, to improve products and to turn obstacles into opportunities. I am convinced that the combination of Austrian skills with this Indian spirit will be mutually rewarding.

On India-Austria trade, it is heartening to note that we have been able to mark a fifteen per cent growth in our bilateral trade in the year 2010. This growth is particularly notable as trade did not decline during the crisis year. I hope to see 2011 firmly establishing the growth prospects for our bilateral trade relations. The increase in business delegations from Austria to India clearly illustrates the priority that Austrian companies have given India as one of the top destinations for their future commercial initiatives.

I am very pleased to release this publication on the India-Austria Business Roundtable today. I hope this event will synergize our efforts and enable us to realize the true potential of the India-Austria partnership.

Dinkar Khullar

Ambassador of India to Austria

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In the picture: Austrian Federal Minister of

Economy Reinhold Mitterlehner meets the Indian Minister of Trade and Industry Anand

Sharma

India: Promising Market for Austria‘s Economy

by Dr. Reinhold Mitterlehner

Austria‟s economy is rebooting. Recovery is gaining impetus and strength. Export,

consumption and tourist data for last year already exceeded expectations. The general

mood of businesses and the population is also improving. However, the Austrian

economy still faces challenges in a difficult global environment.

This is why it is all the more important to focus on export, which has been a guarantor

of prosperity and a growth driver for Austria for decades. Hence we intend to optimise

and realign our successful export promotion programme this year: we want to respond

more readily to economic globalisation and further expand Austrian exports to future

markets outside the European Union. As a result of these efforts, Austrian exporters will

become increasingly independent of crises that might erupt in any of the world's regions

and will be better able to exploit opportunities in strongly growing economies such as

India. Another goal is the diversification of products: Austria‟s future focus will be on

exporting high-tech products as well as innovative „green‟ products.

The example of India illustrates the wide range of potential opportunities available

under our new internationalisation campaign: India is one of the most promising

markets for Austria‟s economy owing to the sheer size of its market, its dynamic

economic development and the stability of its business and political environment. For

these reasons, Austria's presence in India has greatly increased in recent years.

Around 500 Austrian companies are currently active in India. The number of Austrian

branch offices and Austrian-Indian joint ventures has risen to 90.

That products and technologies made in Austria are increasingly in demand on the

Indian market is also substantiated by positive export trends. This is particularly true of

machinery and plant engineering, automotive, infrastructure, energy and environmental

technology, electrical engineering and electronics.

European Union trade policy, too, has taken into account the fact that India is

considered a growth engine for the world‟s economy. In mid-2007, negotiations on a

comprehensive free-trade agreement were launched. Signing this agreement will help

to create new opportunities and further expand economic relations.

Dr. Reinhold Mitterlehner Federal Minister of Economy, Family and Youth

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In the picture, Austrian Economic

Chamber‘s President, Dr. Christoph Leitl, in a visit to Hyderabad, India

Innovation as an incubator for Growth

by Dr. Christoph Leitl

In today‟s world, trade activities have progressed far beyond mere import/export. Business affairs cover a wide spectrum, ranging from cooperation in education and research, extending to the service industry and stretching to areas such as creative industries. An immensely important part, however, is played by innovation as an incubator for growth. Our days India, as one of the technological leaders in areas such as banking via mobile telephone, cheap individual transportation and IT is a good example for the importance of technology as driver for social and economic

development.

Austrian innovative companies have proven to be successful in India with totally different products: while tunnels are designed and built according to the Austrian Tunneling Method (ATM), the Metro trains run on vibration isolating sheets from Austria and an innovative music distribution platform is expanding its customer base with the

latest Bollywood tunes.

Research, technological development and innovation are not only essential for steady economic growth and stable employment trends, they are also necessary in order to meet new challenges such as climate change. Austrian companies have a proven track record in research and development and offer highly innovative products and services

with a focus on

◊ New Materials

◊ Renewable Energy

◊ Modern Living & Construction

◊ Telematics & GIS

◊ Biotechnology

◊ Digital content and

◊ Nanotechnology

A Technology Officer has recently joined the Austrian Trade Commission in New Delhi, whose role it is to match Indian and Austrian technology firms to interact with universities and Indian research institutions in order to detect areas of mutual interest and cooperation. Furthermore, the Trade Commission of the Austrian Federal Economic Chamber (AFEC) is organizing market evaluation and trend analysis visits to

India in the fields of Biotechnology, Automotive Manufacturing and IT.

I am therefore, very happy that the Indian Embassy in Austria has taken the initiative to publish this brochure on Austrian high-tech companies and thus taking Indo-Austrian

relations to a higher stage, where innovative technologies play an all-important role.

Dr. Christoph Leitl President of the Austrian Federal Economic Chamber

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Panorama

India-Austria Bilateral Relations

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For India, the European Union has been the largest trade partner in the world, big source of direct investment, a major contributor of devel-opmental aid and an important source of tech-nology for some time now. Austria, as a member of the European Union since 1995, is an im-portant link for India in its relationship with Eu-rope, especially with countries of central and Eastern Europe. The global economic crisis of last two years has further underscored the im-portance of taking the bilateral commercial rela-

tionship further towards its high potential.

The first Indo-Austrian industrial collaboration was signed as early as 1956, for supply of steel manufacturing technology for the Rourkela steel plant. Since then, there has been significant cooperation in the areas of infrastructure, rail-ways, manufacturing, metallurgy, automotive industry and environmental technology through a large number of collaborations, know-how transfers and joint ventures. Over 500 Austrian companies are doing business in India, many having representative offices in various sectors of the industry-most of them having joint venture with Indian companies. India and Austria have a Joint Economic Commission for institutional co-operation, the 12th session of which was held in

October 2009 in Vienna.

Some typical areas of Austrian Investments -

Austrian companies/Joint-Ventures in India

◊ Tunneling, Road tolling systems

◊ Railway track-maintenance machines, Pro-duction of turnouts and switches, Research for engine development and emission meas-uring.

◊ Electromechanical equipment, Turbines, Pro-duction of industrial boilers, Production of printed circuit boards, Production of elec-tronic chips.

◊ Engineering services for the steel sector, Special alloy tools.

◊ Automotive transmission, automotive engi-neering, production of automotive wires.

◊ Production of wind generators, Waste-to-energy cogeneration, Trenchless relining of drainage systems and canals.

Indian Exports to Austria 2010

Indian Imports from Austria 2010

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India-Austria Bilateral Trade (in million EUR)

India-Austria Bilateral Agreements

Trade in Services between India and Austria

Tourism Bilateral Trade in Tourism Services between Austria and India amounted to 37 million Euros in 2009. In 2010, the number of visas issued to Austrians to visit India, totalled 24,757.

Movie-Making Austria, location destination for Indian films. Since early 2000, Austria has become a favourite destination for location shooting by many Indian film producers. The Austrian Alps being the highlight of most of these locations. Cine Tirol, an Austrian company engaged in film production, has assisted around 70 Indian film productions in Austria in the last ten years, including: Yuvraaj, Raju Chahcha, Chal Mere Bhai, Bindaas, Daddy, Dubai Seenu, Okariki Okaru and Tera Meha Saath Rahen.

Ayurveda Congress in Klagenfurt, Austria

For Austria, the first ever International Congress on Ayurveda was organised successfully in Klagenfurt on October 1st-3rd, 2010 by the Austrian Ayurvedic Association and the Chamber of Commerce of Carinthia. The Department of ‘AYUSH’, Ministry of Health and Family Welfare partially sponsored the event and provided its valuable support in sponsoring a few companies for the exhibition as well as sending a delegation led by the Minister of State for Health & Family Welfare, Shri Gandhiselvan. More than 40 speakers presented their papers. Most of the speakers came from Austria and India - there were participants from 10 other countries as well. A book in German entitled ‘Ayurveda as Medicine’, by Dr. Sebastian Mathew and Dr. Gunter Schmidauer was released during the congress.

Year Indian

Exports

% Diff. in

Indian Exports Indian

Imports % Diff. in Indian

Imports Total

trade % Diff. in total-

trade Trade

Balance

2005 275.2 15.3 302.0 8.6 577.2 11.7 -26.8

2006 310.4 12.7 372.3 23.3 682.7 18.2 -61.9

2007 338.6 9.1 527.5 41.8 866.1 8.9 -188.9

2008 415.1 15.6 608.9 22.6 1024.0 15.4 -193.8

2009 439.4 5.9 560.4 -8.0 999.8 2.6 -121

2010* 452.1 9.8 577.9 14.6 1030.0 12.4 -125.8

* January to November 2010

Year Agreements

Sep 2010 Memorandum of Understanding (MoU) in the field of Agriculture and allied

sectors was signed in Vienna

Nov 2007 S&T Cooperation for exchange of scientific and technological information, documentation and publications, exchange of scientists and experts and

Feb 2005 Agreement on Infrastructure Cooperation in the Health Sector

Nov 1999 Convention of the Avoidance of Double Taxation and the Prevention of Fiscal

Evasion with respect to Taxes on Income

Nov 1999 Agreement on the Promotion and Protection of Investments.

Feb 1999 Agreement on bilateral economic relations and economic, Industrial, technical

and technological cooperation

Jun 1997 Amendment of Agreement on Air Services (which was signed in Oct. 1989)

Austrian Airlines started Operations to India Oct. 1997. Jan 1994 Memorandum of Understanding on Cooperation with regard to Environment

Oct 1989 Agreement on Air Services

Feb 1983 Agreement on the Establishment of the bilateral Joint Economic Commission

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Austrian Companies actively participating in

Indian projects

◊ Andritz Hydro, a member of the ANDRITZ GROUP, is a global supplier of electrome-chanical systems and services („water-to-wire‟) for hydropower plants and has suc-cessfully completed several hydropower pro-jects for HPSEB and Sawra Kuddu, the first hydropower plant realized by the Himachal Pradesh Power Corporation Ltd (HPPCL). Andritz Hydro had been active in India for more than 100 years and has equipped over 150 hydropower plants totaling more than 11,000 MW. It has an excellent market posi-tion in the fast growing Indian hydropower sector. Recently it has signed a Contract Agreement with HPPCL in April 2010, for the execution of Kashang Hydro Electric Project ( 3 x 65 MW) . The contract value is approxi-mately EUR 25 million. In addition, Jaipra-kash Industries placed an order with Andritz VA TECH HYDRO to supply four erosion-resistant Francis turbines with a total output of 1,200 MW for Karcham Wangtoo Hydro-power Station on the river Satluj. These four

units will also go on-stream by August 2011.

◊ The Austrian construction company Strabag and its Indian counterpart Afcons have jointly been awarded a huge tunnel contract in Northern India, worth a total of EUR 250 mil-lion. The contract was awarded by the Border Roads Organization on behalf of the Indian government. The Strabag share for the con-struction of the Rohtang Pass highway tunnel with a length of 8.8 kilometers amounts to EUR 150 million. Strabag has been active in India for over 10 years, and was currently working on a subway construction project in

New Delhi with its subsidiary Dywidag.

◊ M/S VA Tech Wabag (Feb 2010) is awarded the contract worth EUR 165 million for exe-cuting India's largest sea water desalination project at Nemmeli, 35 Kms south of Chennai by Chennai Metropolitan Water Supply and Sewerage Board with a capacity of 100 mil-lion liters a day. It will be built on DBO basis within 24 months and thereafter 7 year O&M. The company would provide a world class plant based on modern sea water reverse osmosis technology, which converts sea wa-

ter into fresh potable water.

◊ Austria Technologie & Systemtechnik Ak-tiengesellschaft (AT&S), Austrian manufactur-er of Printed Circuit Boards started its opera-tions in India in 1989 . At present, it has a modern facility at Nanjangud, Mysore, Karna-taka. Initial investment was around US$ 60 million and with its expansion plan additional investment for new technology required for telecommunication and mobile devices is es-

timated to US$200 million.

◊ Lenzing AG - an Austrian fiber producer, would invest around EUR137mil in its new facility, a viscose fiber plant 70 kilometers south of Mumbai in India. The plant shall start doing business by the beginning of 2013, with an initial annual production capacity of 60,000 tons and raising to 240,000 tons within 10 years. The plant would create 2,000 new jobs and infuse USD 330 million into the Indian economy within five years as stated by Mr. Dieter Eichinger, responsible for Lenzing‟s textile business in India. Though India is the world‟s second largest textile and fiber pro-ducer, cellulose fibers constituted only 4% of India‟s textile production at present, but had

the biggest potential growth.

◊ The Austrian construction company An-gerlehner has set up its own production plant at Sankrail Industrial Park in Dulagarh, Kolka-ta, to serve their trenchless pipe rehabilitation projects in India with new GRP liners. The in-house produced liners are manufactured on an imported, fully computer-controlled fila-ment winding machine. The production plant has a capacity of up to 750 tons of GRP ma-terial per month when running on 24/h opera-

tion.

◊ GEOCONSULT, a globally operating Consult-ant Engineers company has opened its sub-sidiary M/S GEOCONSULT India Pvt. Ltd. The Austrian company GEOCONSULT has been working in India since many years and has a substantial track record in India, like for example the ongoing Pir Panjal Rail Tunnel project, design and consultancy services for Delhi Metro Phase I and Phase II and the Strategic Crude Oil Storage project in Visha-

khapatnam.

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◊ Alba Tooling & Engineering GmbH- Situated in Greater Noida, had signed a Joint Venture with Indian company Power Spack for the manufacture of automotive seating systems for the automotive industry in 2009. The Aus-trian ALBA group focuses on the tools manu-facture, mould making and mechanical engi-neering for PUR (polyurethane) foam technol-ogy. PowerSpack is a leading manufacturer of a diverse range of world class seating sys-tems, PU foam pads and seat suspensions. It is a multi-locational enterprise having fully integrated facilities at Greater Noida, Nasik, Pune, Vadodara, Chennai and Rudrapur hav-

ing a steady growth in India and abroad.

◊ The Vienna-based Gebauer & Griller Kabel-werke GmbH sets up its Indian subsidiary in October 2010 in Bangalore under the name of “GG Cables and Wires India Private Limited” focusing production of cable harnesses and cable assemblies for the elevator and escala-

tor industry.

◊ With last reported EUR 852 mil in revenues, the Austrian company Plansee reports the importance of being present in emerging mar-kets. The company has the majority of shares of the Indian company Wolfra-Tech Pvt. The 150-employee-large company produces fine wires and evaporator coils. With this strategic positioning, the company already plans fur-

ther acquisitions in the Indian market.

◊ Following the acquisition of the US truck and lifting platform manufacturer ETI in March 2010, Palfinger decides to turn its focus from America to the Russian and Indian markets. Already represented in India, Palfinger plans include the conclusion of the marine crane factory and beginning of its activities still this year. This year‟s company‟s profits amount EUR7.3mil, after a loss of EUR8.04 in 2009. Their turnover increased by 10.5% to EUR297.4mil.The Austrian manufacturer of hydraulic lifting, loading and handling systems has established an assembly facility in Chen-nai to develop truck-mounted cranes. This is the company‟s second assembly unit in Asia after China. The company has invested about EUR1.3mil in the 4000m2 facility at Poo-namallee to assemble nearly 200 cranes an-

nually.

Acquisitions/Investments by Indian

companies in Austria

The Indian yarn maker Oswal Group took

over its Austrian joint venture partner, the Vorarlberg textile firm, FM Hammerle in 2008. Founded in 1836, F.M. Hämmerle Nfg GmbH was once Austria‟s largest textile firm. It was acquired by Indian Vardhman, which had been in a joint venture with it since March 2006. It entered bankruptcy proceedings on 31 July

2008 with debts of EUR 6 million.

Bajaj Auto Ltd. has bought a 14.55% equity

from KTM Power Sports AG, the Austrian sports motorbike manufacturer in 2008. The acquisition has been made through its Dutch subsidiary, Bajaj Auto International Holdings BV. Bajaj Auto, India‟s second-largest motorcycle producer has been looking to establish itself as the leader in the premium bike segment through constant efforts in R&D, as well as through upgrade of the consumer to higher capacity bikes. The alliance has given Bajaj Auto a much needed access to KTM‟s

intricate engine technology.

The VA Tech Wabag Ltd, the Indian subsidiary till 2005 and an ICICI Venture company had acquired VA Tech Wabag GmbH, Austria in 2007. In India the firm has the presence in areas covering municipal and industrial wastewater treatment, operation and

maintenance in the public and private sector.

India's Shilpa Medicare bought Austria's LOBA Feinchemie, a privately owned firm that provided specialty active pharmaceuticals ingredients, organic intermediates and

biochemical diagnostics in 2006.

Club Mahindra Holidays made its first

overseas acquisition by buying the 97 room 4

-star Hotel Bon Alpina in Innsbruck in 2006.

In 2005 the Wipro Technologies, the global

IT services arm of Wipro Limited, acquired the Austrian firm NewLogic, a semiconductor design services company with intellectual property (IP) cores for complex wire

applications like Wireless LAN and Bluetooth.

The Amalgamated Bean Coffee Trading Company Ltd (ABCTCL), which owns the

popular retail chain, Café Coffee Day opened

its fourth outlet in Vienna in November 2008.

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Trade Shows & Events

State-of-the-art Networking Possibilities

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INDIA

AUSTRIA

▬▬▬▬▬▬▬▬▬▬ ♦ ▬▬▬▬▬▬▬▬▬▬

Save the date! 09-12 Oct. 2012

08-20 May 2011 04-06 Oct 2011 Design Center Linz

24-26 Nov 2011 Messezentrum Salzburg

Save the date! 16-19 Feb. 2012

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Innovation and Technology

Promising Areas for India-Austria Partnership Growing at an annual average rate of 8.8 percent during 2003-04 to 2007-08, India emerged as one of the fastest growing economies of the world. After facing a brief slowdown in its growth momentum attributed to the global financial meltdown, the economy has rebounded to its pre-crisis growth trajectory once again. Indian economy is expected to grow at a robust rate of 8.6 percent in 2010-11 and clock a higher rate of 9 percent in 2011-12. One of the remarkable facts about our economy is that it is domestically driven. While our economy is increasingly getting integrated with the global world and our exports are rising, however they still account for only about 17 percent of our GDP. In case of China, this is just the opposite. The dependence of their economy on exports is

manifolds higher than that on domestic demand.

Analogous to the resilient Indian sentiments, the international agencies have also remained equally bullish on India‟s economic future. A recent report by Morgan Stanley, „India and China: New Tigers of Asia, Part III‟ projects that by 2013-15, India will overtake China‟s economy in terms of GDP growth rate. Moreover, the size of the Indian economy is expected to be over

$6tril by 2020 as compared to $1.2tril in 2009.

A large and growing domestic market, a vast pool of technically qualified manpower, conducive legal framework and strong regulatory institutions governing both the financial economy and the real economy have enabled India gain considerable investor focus thereby making it one of the most promising investment destinations. The country is at the top of the 2009 AT Kearney’s Global Services Location Index and is also placed among the top 3 investment destinations according to AT Kearney‟s latest Global FDI Confidence Index. UNCTAD‟s World Investment Prospects Survey 2010-12 ranks India as the second most

preferred destination among foreign investors.

A demographically young India and a large and growing middle class population are the key drivers of the India‟s large and growing domestic market. Our large and growing middle class

population, slated to increase from about 5 percent of the population in 2005 to almost 40 percent in 2025, would turn India into the 5th largest consumer market by 2025. And it is this market which has attracted the attention of many foreign investors. In fact, as pointed out in FICCI‟s FDI Survey 2010, buoyant domestic market growth rate - an inherent strength of our economy - has been one of the main attractions

for FDI companies in India.

'Made in India...value for money' Paradigm.

Wealth at the bottom of the pyramid along with the emergence of a rapidly rising Indian middle class has created newer avenues of entrepreneurship and innovation. On one hand, there is a need to provide for the basic needs of water, electricity, housing and healthcare for rural India. While on the other hand, we have the rapidly urbanizing middle class with rising aspiration values but having affordability as a top priority. These together bring forth huge opportunities for innovation and R&D to produce value added products and services for this large market size. India is well poised to emerge as an innovation and research hub for technologies geared for the third world countries. Leading global companies are today doing cutting edge work in India. Out of the 500 Fortune companies, more than 200 companies have set up R&D base in India. They are not only innovating for the next billion customers but are also using India for developing and launching products for other countries. MNCs are embracing the new “Made in India…value for money” paradigm to

have mass appeal.

India is changing from a locus of low-cost contract research and reverse engineering to a global center of high-value, indigenously generated innovation. In order to protract this change, Indian policy makers are increasingly recognizing the need for continuing economic reforms, new public investments in infrastructure, new policy initiatives & institutions to encourage innovation, expand the skills and knowledge base of its population and facilitate

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entrepreneurship. The initiative taken by Nandan Nilekani with the Unique Identification Authority of India (UIDAI) is a commendable example of embracing technology to do something new and needful. Today the world at large faces many challenges. Issues of climate change, food security, management of scarce water resources, disease control etc. pose threats to the future generations. It is in all these areas, we understand our success lies in the collaborative research between countries in science and technology to find long lasting solutions. The high quality of R&D landscape in Austria driven

by its world class research institutes can help India fulfill its high technology requirements and make it move up the value chain. Already many Austrian companies are supplying defense products to India and there has been extensive use of Austrian technology in Indian railway project e.g. use of “New Austrian Tunneling Method” in construction of Delhi underground metro. We hope to see a massive increase in the cooperation between the two countries through joint-ventures, collaborations, know-

how‟s and technology transfers etc.

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Some Sectors where Austria can look at investing in India.

India has several sectors that are doing exceedingly well and offers good investment opportunities for the Austrian companies. Some of the sectors, where Austrian companies can

look at in India are given below.

Biotechnology. Indian Biotechnology industry

crossed the USD 3 billion mark in FY10 (including bio-services and bio-informatics), registering a year-on-year growth of 17 percent and a threefold growth in five years. India offers significant cost advantages and is recognized globally for its low-cost fermentation technology and generic biologics. Opportunities for investments exist in the following segments:

Stem cell research, nanotechnology, vaccines, oncology, insulin, improving yields of major

crops etc.

Green Technologies. India is committed

towards ensuring an Eco friendly growth. India has tripled its renewable energy generation in the past five years to 15000 MW. The Indian government has set an ambitious target of installing atleast 40,000 MW of additional capacity of renewables in the next 10 years. Cost effectiveness and bringing greater efficiency are the two major challenges for India in harnessing renewable energy sources. Opportunities for investments that India offers are for development of photovoltaic solar panels, energy from bio-mass and bio-fuels, next

generation cars like hybrids and electrical cars.

Some recent examples Some recent examples Some recent examples of Innovations in India of Innovations in India of Innovations in India

The Indian car Tata Nano – the cheapest car in the world is one of the best examples to highlight the new segment of aspirational prod-uct category of the Indian popula-tion. After Nano, global automaker giants like GM, Nissan etc. are also entering the small car seg-ment in India.

An excellent example of inno-vating for the rural masses is Go-drej‟s Chotukool refrigerator. It is a compact, cheap, energy efficient, battery operated refrigerator de-signed for the Indian villages which do not have a reliable

source of electric power. It is inter-esting to note that the same prod-uct can have other applications in developed markets such as for outdoor camping.

GE has innovated an ECG ma-chine, MAC 400 to serve the rural market. This ECG is portable and costs about Rs 50,000 (USD 1,000), a fraction of the cost of the appliance-sized premium ma-chines sold in the US and other developed nations.

Microsoft India has undertaken initiatives like language interface packs in 12 Indian languages. Al-so Windows Live, includes e-mail, instant messenger, online storage, photo gallery and social network-

ing in seven Indian languages.

LG captured the rural market of India by launching low priced color TV range “Cineplus” and “Sampoorna”. At USD 65 and USD 107 respectively, the sets were priced slightly higher than the black-and-white televisions that other manufacturers were selling in rural markets. LG was also the first to offer gaming with its cut-price TVs and menus in English and Hindi. Now LG has refrigerators, washing machines and microwave ovens targeted at price-sensitive consumers sold from hundreds of retail and distrib-utor outlets across the hinterland, with rural markets contributing 40% of its revenue in India.

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Infrastructure. The infrastructure sector has

gained significant focus in the past few years and bridging the gaps in the infrastructure sector continues to be one of top priorities of the government. The government envisages increasing investments in infrastructure from about 5 percent in 2004-05 to 9 percent by 2012. Total investment during Eleventh Five Year Plan (2007-2012) is projected at USD 515 billion and during Twelfth Five Year Plan (2012 – 2017) at USD 1 trillion. The private sector is being encouraged and its share in investment spending is estimated to go up to 50 percent. Public-Private Partnerships are being encouraged in the Infrastructure sector. With the availability of large size infrastructure projects, stability in policy environment and fairly liberal regulations, the investors can reap good returns on their investments in the infrastructure sector of the country. This also opens up the case for technology flows to India as we look to build green and smart cities, technology to meet the

needs of security, transportation & logistics etc.

Communication and IT. The rapid

emergence of the information and communication technology (ICT) sector has placed India on the global stage during the last one and a half decades. The Indian IT sector

grew at 12 percent in 2009 and its aggregate revenue reached US$ 71.76 billion. The telecommunications sector is also one of the fastest growing sectors with over 15 million new subscribers being added to the network every month. The most recent estimates made available by CSO show that the share of the ICT sector in total GDP has risen from 3.4 per cent in 2000-01 to 5.9 per cent in 2007-08. Opportunities for investments in newer avenues of value added growth like Intelligent Transport Systems, E-commerce, E-logistics, E-

governance, E-health and E-Education etc.

In conclusion. India‟s long term economic

prospects and a huge domestic market are the compelling reason for its attractiveness as an investment destination. The close engagement between global conglomerates and India is only going to strengthen in the coming days with the needs of Indian market opening newer avenues of growth and innovation. The high quality of R&D landscape in Austria driven by its world class research institutes can help India fulfill its high technology requirements and make it move

up the value chain.

Author: V K Topa, Managing Director, Invest India

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Challenges and Opportunities

Indian Infrastructure Landscape

Airports. Civil aviation traffic has been consist-

ently growing for over 15 % growth rates in the past five years in India and in the coming years the trend would be the same, given the increase in industrial activity and rise in per capita income levels. This will create significant demand for air travel requiring capacity addition in both existing airports and creation of new airport infrastruc-

ture.

The Ministry of Civil Aviation has been one of the principal proponents of PPPs in airports in-

frastructure development. More than €4 billion has been invested by the private sector in the development and modernization of airports in Delhi, Mumbai, Hyderabad and Bangalore since 2006. It is worth noting that Hyderabad Interna-tional Airport has been ranked first and Delhi In-ternational Airport the forth in their respective categories in an international ranking done by the Airports Council International (ACI) of the best airports in the world recently in February

2011. At the small town level Mangalore, Madu-rai, Coimbatore airport projects have been com-missioned. Others such as Lucknow, Varanasi are nearing commissioning. Many regional air-port terminals are being upgraded by Airport Au-

thority of India (AAI) at investments of over €2bil.

Government policy is facilitating private partici-pation in green-field airports, non-metro airports, ground handling, air-cargo infrastructure and MRO facilities (Maintenance, Repair and Over-haul). Private players like Boeing and EADSR are already developing MRO facilities in partner-ship with airport developers and airlines. Gov-ernment has also taken steps to build institution-al capacity to meet the challenges of growth. These include upgrading air navigation technolo-gy, expanding the number of ATCs and staff training, all of which are intended to enhance the efficiency and effectiveness of air navigation ser-vices. Similarly, government is also investing for strengthening flight training academies at Rae Bareilly and Gonda to meet the increasing need

for trained pilots.

Roads. National Highways Authority of India

(NHAI) has made efforts in expanding project development and has awarded more than 60 projects already in the current fiscal year with further plans to award 6000 km of road building in the remaining part. Currently government pol-

Increased competition in global market has made good quality infrastructure facilities vital for sus-tainable economic growth. India‟s rapid economic growth places intense demand on its physical infrastructure. According to official estimate from the Ministry of Finance, country‟s GDP growth can be two percent higher but for the shortcoming in infrastructure. Quite clearly development of infrastructure is on high priority of the government‟s agenda. To sustain India‟s growth story, the government has set a target of increasing total investment in infrastructure from around 5% of GDP in 2006-07 to 9% by 2011-12. Given the constraint of budgetary support for such investment, the

expectation is that 30% of the required investment would come from private investment.

The 11th Five-year Plan (2007-2012) envisages an overall investment of about €400 billion in

physical infrastructure. There has been shortfall of 15%-20% from the projected investment in Power, Roads and Railways sectors in the first three years of the plan period. The deficit in the Ports segments is even larger to the tune of 50%. This has been noted with concern and the gov-ernment is making concerted efforts in handling the main reasons for this shortfall. The key issue to be addressed is the creation of successful Public-Private Partnerships (PPPs) to accelerate the infrastructure development. In the following we provide a glimpse of key sectorial opportunities

and challenges.

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icy allows 100 per cent FDI in roads, 100% in-come tax exemption for 10 years and Viability Gap Funding (VGF) of up to 40% for BOT pro-jects. Highway concessions now allow 100 per cent exit option for promoters two years after commercial operation, provides for an assured rate of return on new investment towards capaci-ty augmentation of maintenance in operating concession and up-front grant of up to 40 per

cent.

Government has also planned to develop access control greenfield expressway corridor through private sector participation. About 18000 km of expressways have been identified for develop-ment by 2022. As the targets are ambitious, the road sector would need to attract more develop-ers and investors – domestic and foreign – to meet the capacity deficit. Government is com-mitted to address the challenges of expeditious approval process, designing innovative financing mechanism and enhancing the construction ca-pabilities both in terms of skilled manpower as

well as equipment and proper technology.

Railways. Indian Railways has continuously

added railway transport capacity through budg-etary funding and its own internal accrual without relying heavily on private financing. The Railway Ministry has taken several initiatives to attract private sector participation. The Dedicated Freight Corridor (DFC) between Delhi and Mum-bai is the flagship project of Indian Railways.

DFC will require about €8 billion of investment and will be financed through a joint initiative of the Government of India and Japan. The DFC will form the backbone of the proposed Delhi-Mumbai industrial corridor and is expected to throw up significant opportunities in infrastruc-ture development in Railways, Roads, Urban Transport, Power and Logistics infrastructure

under PPP framework.

Indian Railways also plans to modernize 50 sta-tions to world class stations through PPP. Fea-sibility studies of these stations are already on the way and the projects are likely to be up for bidding this year. Indian Railways is also plan-ning to set up production units such as Diesel Loco manufacturing at Marhowra, Electric Loco manufacturing at Madhepura, Axle manufactur-ing at New Jalpaiguri and Wagon manufacturing units at Guwahati and Haldia – all under the

PPP framework. Bidding processes for these projects are already underway. Apart from the-se, Railways Infrastructure for Industry Initiative (R3I) policy is aimed at attracting private sector participation in providing railway connectivity and the Private Freight Terminal (PFT) policy is aimed at enabling development of networking of

freight terminals for private investments.

Ports. Over the last decade, the total traffic has

grown up nearly two and half times across all ports. Capacity utilization at major ports has continued to remain high at 90 per cent whereas non-major ports have shown 76% capacity utili-

zation.

The National Maritime Development Pro-gramme (NMDP) for expansion of port capacity and project Setu Samundram (bridging of the Palk Strait in Southern India to facilitate maritime trades) are the two projects undertaken for the development of ports and Maritime infrastruc-ture. The NMDP, which was announced in

2005, envisages an investment of over €15 bil-

lion comprising of 387 maritime infrastructure projects of which 276 are to be completed by

2012 and another 111 by 2015.

New opportunities for private players exist for the development and operation of terminals at major ports as well as development of green-field ports. The conducive regulatory environ-ment exists with policies such as up to 100% FDI under automatic route; 100 per cent income

tax exemption for 10 years.

Power. India‟s average energy deficit during

the last decade has been over 10 per cent. Out of its total capacity addition of 78000 MW in 11th Plan, 58000 MW is thermal, 16000 MW is Hydro and the rest is nuclear. In the forthcoming plan another 80000 MW of capacity addition has been envisaged of which Gujarat and Maharash-

tra will capture 6000 MW each.

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Financing these investments would be a chal-lenge as two third of the investment must come from the private sector. The good news is that there is lot of interest among private industry players. The earlier portfolio of Power Financing Corporation (PFC) represented only 7 per cent loans to the private sector which now stands at

22 per cent.

Private equity investment in the power sector has also risen to 13 per cent. Government has also approved up to 100 per cent FDI in this sec-tor. Income tax holiday for a period of 10 years in the first 15 years of operation and waiver of capital goods import duties on mega power pro-jects is also allowed to encourage private invest-

ment.

Urban Infrastructure. The urban sector

presently contributes about 62 per cent of the GDP which is expected to increase to 70 per cent by 2021. Urbanization is a natural outcome

of a growth. However, urban and civic infra-structure has remained under-developed in most

cities.

While many Urban Local Bodies have supported the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) agenda on municipal re-forms and have taken initiatives in structuring and implementing city level projects, there has been limited success of PPPs in urban infra-

structure development.

Government is addressing the challenge by fo-cusing on capacity building and developing bankable projects based on successful experi-ence in some of the projects. Some of these successes have been achieved in creating infra-structure for urban public transport in some cit-

ies.

The impetus to development of satellite cities alongside major cities has also been recognized as a major way forward for more distributed de-velopment throughout the country. Improved urban public transport would help address this

challenge.

(Compiled from various sources)

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Efforts towards develop-Efforts towards develop-Efforts towards develop-ing Innovative Financing ing Innovative Financing ing Innovative Financing mechanisms for Infra-mechanisms for Infra-mechanisms for Infra-structure Development.structure Development.structure Development.

Government is focusing in pur-suing the right initiative from a policy perspective to push the infrastructure growth challenge. It is also addressing the chal-lenges in developing innovative financing institutions through development of corporate bond markets and by developing bi-lateral partnerships with the interested countries for invest-ing in India‟s future growth.

The need for addressing this area is evident if one compares the ratio of the corporate and government bonds markets in various countries of Asia. While in India the ratio is 1:9 in favour of government bond market size; for China it is 2:8; for Malaysia and Singapore it is 4.5:5.5 and for South Korea it is 5.5:4.5. Quite clearly there is lot of scope for enhancing the Indian corporate bond mar-ket size. This would take its time but the signs are already

in the positive territory.

India and the United States have proposed to set up a ded-

icated US $10 billion Infrastruc-ture Debt Fund to fund capital investment in the infrastructure sector. The dedicated Debt Fund would finance projects in Power, Telecom, Railways, Ports & Airports, Agriculture, Food & Food Processing in-dustry apart from scaling of ru-ral infrastructure. Investment banks, financial institutions and large companies from the US have committed to invest in this fund proposed by India. There has also been an indication about a ten-fold increase in the overall corpus of the initial

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Innovation & Technology Made in Austria

Austrian Hi-Tech Industry Profiles & Opportunities Automotive. The development of Austria‟s

automotive supply and production has grown into a major economic contributor with high export quota. The automotive industry is one of Austria‟s main industrial sectors, producing 2.5 million engines and gearboxes, 248.000 passenger cars, 69.000 motorcycles, 26.650 heavy goods vehicles and 26.000 trailers and tractors annually. 87% of this production is exported. 700 companies in the industry count

with a workforce of 175.000 employees.

Austria has also been a long-term location for the automotive components industry. After the end of World War II, Austria specialized in the manufacture of automotive components only. After 1990, the country started manufacturing cars again. The highly-specialized automobile and automotive component industry already account for more than ten per cent of the country‟s total output of physical goods. Highly specialized firms, rich suppliers of know-how, and outstanding achievements in the fields of research and development are the boosting

factors.

Close cooperation between manufacturing bases and research institutes in the development of new products, also known as the cluster model, is one of the special reasons for the success of this industry. Over the past few years, it has been shown that a high level of expertise, competence and flexibility are the main strengths of Austria‟s enterprises. Given the increasing importance of subcontractors in the automotive industry, the large number of small and medium-sized companies that make up the local industry‟s backbone are certainly in the lead of innovative and customer friendly

solutions worldwide.

While the power of subcontractors in the automotive industry increases, the constant look for outstanding competence and optimum use of technological know-how drives Austria„s manufacturers themselves to produce no more than a quarter to a third of the parts they need, with the rest coming from subcontractors. And

this is Austria„s biggest chance.

In an international comparison, large subcontractors are out in front with regards to profitability. In Austria, however, small and medium-sized companies dominate the field. Most of these companies provide to niche segments and are top specialized and internationally renowned. In regards to profitability, independent Austrian subcontractors can boost an average EBIT margin of 4.4%, which is significantly higher than that of

subsidiaries of international companies (2.3%).

More and more automotive manufacturers are purchasing ready-to-install systems rather than piece parts, which entails a shift of competencies to subcontractors. This stimulates large investments in research and development as well as continuous search for alternative quality parts at lower costs. Many subcontractors seem to manage price reduction and increase in creativity sooner than manufacturers. The subcontractor sector is considered a growth business with high-demand on innovativeness

and excellent prospects for the future.

Infrastructure. Austria can provide

everything required for developing innovative solutions in civil engineering and traffic infrastructure that enjoys success without boundaries. With above-average added value, the construction sector is considered key to economic growth and employment in Austria. With around EUR40bil of annual gross production, this internationally-recognized industry is regarded as pioneer with more than 30.000 companies employing more than 275.000 people inland. This success is mostly due to the employment of new technologies and the development of innovative models for

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financing and operations that concentrate on

comprehensive and equitable solutions.

In the field of civl engineering, for example, research is vital. While other countries proudly report of new noise-reducing road surfaces that are manufactured in an environment-friendly way, Austria already has more than 160 kilometres of roads surfaced with low-noise concrete (Flüsterbeton) and considers concrete recycling to be the normal state of the art. And while international symposiums on High Performance Concrete are held here, Austria can boast of significant examples of its usage in sewage treatment plants and for the manufacture of concrete pipes and bridge

construction.

Due to the country„s topography, Austria„s tunnel builders face constant challenges for which they develop new and revolutionary technologies, such as NATM (New Austrian Tunneling Method). Developed in the 1960s, the underlying principle of the NATM is as simple as it is brilliant. In simple terms, the mountain bears most of its own load itself, meaning that the mountain makes part of the supporting structure. The employment of innovative technologies as such is the result of intelligent and efficient investments in the industry. Among other large projects in the construction field, the Koralm Tunnel, part of the 130 km Koralmbahn project linking Graz with Klagenfurt, will be 32,9 km long and up to 1.250 m deep. The tunnel is expected

to be operational by 2022.

Making use of the potential development involving the neighboring countries brings positive gains to the construction industry. Austria„s earthenware and ceramics industry, for example, has shown dynamism in exports, something, which would have been unthinkable years ago. The brick-making industry alone has an export share of approximately 20%. The reason for success on these markets is most importantly the high number of innovations from Austrian companies, which are rewarded with

greater market shares.

An important subject for the leading construction companies in Austria is the so-called "house of the future". It refers to the renovation of older buildings complying with the following criteria: more renewable energy and raw materials and

superior energy and materials efficiency.

In addition to well-known market leaders in infrastructure, Austria is home to a number of highly qualified companies that specialise in construction materials of excellent quality. These, more often than ever, strive for environmental-friendliness and efficiency. Environmental protection and safety are a special concern of Austria„s industry, making their technology unique and target in the eyes of several international companies. Although oriented to the European level, Austria„s standards on infrastructure and construction

have an international dimension.

Environmental Technology. Austria„s

environmental and energy technology sector significantly contributes to both sustainable growth and the improvement of the environment, even beyond borders. One-quarter of Austria„s energy needs are covered by renewable energy sources. The country is leader in environmental technologies and services. The country„s GDP ranks as the world„s second largest in terms of environmental investments. At present, this sector employs about 87.000 people and

generate about EUR11bil in revenues.

Anyone working in the environmental technology and renewable energy sector in Austria belongs to a dense network of highly specialized companies, research institutes and funding agencies. The industry has been expanding at an annual rate of eight percent, two percent higher than the global average. The activities in this sector have gradually shifted from the development of solutions for local and national problems to international markets. The country supports environmental engineering with money

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and the best possible business environment with regards to innovations, sustainable development and environmentally-friendly investments. Based on this, among other reasons, national and internatonal companies successfuly exploit the Austrian business location to penetrate future markets, especially in Eastern and Southeastern

Europe.

Hydropower is Austria„s biggest strength. Austria is considered to be Europe„s "water reservoir". In addition to the large hydroelectric power stations, numerous small or micro hydropower plants also produce electricity. The country„s technology know-how is highly sought-after, especially in markets of Southeast Asia and South America. The country ranks among the global market leaders in many technological areas, ranging from the construction of hydropower plants to wastewater treatment

facilities.

Additionally, Austria is expanding its use of other renewable energy sources as well. The share of solar energy is continually increasing, and now comprises about 14 per cent of power generation from renewable energy. The solar-power sector is mainly export oriented and generates revenues of EUR1bil annualy. EUR350mil are generated from the export of wind power components, a figure that is expected to triple in the next decade. The wind conditions in Austria facilitated the full and in-depth exploitation of the technology. The country manufactures from parts up to complete wind-

power plant systems and parks.

In addition to water, sun and wind-driven power, Biomass is a very important and well developed energy source in Austria. Made in Austria technology and expertise in the sector are in

high demand worldwide.

World-leading environmental technology companies were established in Austria at an early stage. R&D and innovations are the driving forces for these companies„s technological leadership in the field. Researches confirm that the industry has a higher innovation intensity than average manufacturing. Austrian environmental technology industry is definitely

well equiped for the future.

(Compiled from various sources)

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Angerlehner Hoch- und Tiefbau GmbH‘s

Underground Perspective of Indian Megacities Future Active in various business fields of construction, Angerlehner has its core competences at the international market in the water and sewerage sector. Focusing on construction of wastewater treatment plants and trenchless pipeline rehabilitation, the portfolio for the water supply cycle is perfectly supplemented by its in-house

production of GRP liners.

With eyes on the international market, Angerlehner has early uncovered the issue of aged and deteriorated sewerage systems in former British settlements such as India. In megacities like Kolkata or New Delhi, the application of open cut construction of the sewer system is impossible due to their overpopulation

and enormous traffic load.

The Indian market entry of Angerlehner dates back to the year 2000 when the company was awarded the first sewer rehabilitation contract in Mumbai, shortly thereafter followed by the second one a year later. An Indian Delegation of experts got attentive to Angerlehner‟s in-house developed sewer rehabilitation technology MCS Inliner® and its reaming machine AKF at an exhibition in Orlando, Florida, and invited representatives to discuss execution of this trenchless rehabilitation technology in Indian megacities. Subsequently, the first business relationship was established. Two Worldbank funded contracts were signed and a further

milestone was set in Angerlehner‟s history.

The two respective contracts in Mumbai encompassed a sewer rehabilitation of a total length of 8.500 meters sewer lines up to a diameter of 2.800 mm. Consequently, a local GRP pipe production was established to manufacture liners. Three years after completion, Angerlehner signed two major contracts in New Delhi for the rehabilitation of more than 10 kilometer of sewer lines, which have been meanwhile successfully completed . Nearly at the same time, a further contract was awarded in Kolkata for rehabilitation of nearly 6.100 meter sewer lines, followed by a second one for about 4.000 meter. The first contract in Kolkata is already successfully completed and

shall be classified of particular importance to the company due to its contract value (of about INR 116 crore) and size of the sewer lines, constituting one of the largest egg-shaped diameters (2210/2857mm) ever rehabilitated in Angerlehner history. The second contract in Kolkata also shall be completed by end of 2011.

Upcoming projects are already expected.

In response to the demand of egg- shaped GRP liners, a pipe production unit was installed in Dhulagarh Industrial Park, which is ISO 9001:2008 certified. On an area of nearly 10.000 m², liners of all needed sizes and shapes (also special profiles like arch profiles or Y-forms) are

produced.

Despite the struggle with the cultural gap in the beginning, Angerlehner has gotten used to the Indian culture meanwhile and is proud of the well-established business relation-ships. The efficiently working local project offices employ 25 local management staff and up to 500 workers and sub-contractors in peak times.Angerlehner can be deemed as a specialist in Indian sewer rehabilitation and the country itself will remain a future hot spot for the company group. International & local experience and know-how support Angerlehner in keeping its leading role

in India.

Angerlehner Hoch- und Tiefbau GmbH Obere Landstraße 19 , 4055 Pucking

Tel: +43 (0) 7229 79 888 0 Fax: +43 (0) 7229 79 888 19

[email protected] www.angerlehner.at

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UniCredit Bank Austria AG

Long-lasting bridge for India-Austria trade flows

Bank Austria is a member of UniCredit, one of the largest European banking groups, since 2005. It has the strongest capital base among all banks in Austria and is constantly striving to maintain the highest level of customer satisfaction. Bank Austria looks back on more

than 150 years of tradition and experience.

The bank maintains an extensive network in Austria, with about 7.700 employees serving customers in some 300 branches. During the recent financial and economic crisis, Bank Austria demonstrated its financial strength: it was the only major bank in Austria that did not

use state aid to strengthen its capital.

UniCredit Bank Austria AG has a long-lasting experience in doing business with India. For several decades, it has been establishing business relationships with more than 30 state owned and private correspondent banks in India,

especially in the field of foreign trade business.

In recent years the trade flows between Austria and India reached and exceeded total volumes of EUR 1 billion (approx. 60% exports from Austria to India and approx. 40% imports from India to Austria). Looking at the figures of Bank Austria‟s L/C -business, it has administered total volumes exceeding EUR 300 million per annum. When focusing on L/Cs for exports to India, Bank Austria‟s administered volume accounts for around 85-90% of the total exports, all of which underlines the bank„s strong market position in

the field of foreign trade.

Furthermore, Bank Austria has concluded loan agreements with Indian corporates in the field of project and export-finance in recent years. especially medium and long term ECAcovered buyer‟s credits related to Austrian export contracts in different sectors (focus on exports of

capital goods).

Bank Austria is an undisputed market leader in trade finance in Austria and offers tailormade financing solutions to its clients worldwide. The network of UniCredit consisting of 22 European countries as well as representative offices in 27 additional countries worldwide provides a perfect

infrastructure to meet the cross-border needs of

its customers best possible.

Bank Austria is a modern and dynamic universal bank offering its customers access to international financial markets. It also serves as UniCredit‟s hub for the banking network in Central and Eastern Europe, a region where the Group is market leader with total assets of EUR 116 billion and almost 4,000 branches in 19

countries.

In the first three quarters of 2010, Bank Austria generated a net consolidated profit of EUR 761 million. Total assets of Bank Austria as at 30 September 2010 were EUR 191,5 billion. Bank Austria is the number one banking partner for Austrian companies, 88 per cent of large corporates, 68 per cent of medium-sized companies and 45 per cent of small businesses

have confidence in Bank Austria‟s services.

UniCredit Bank Austria AG Schottengasse 6-8, 1010 Vienna

Tel: +43 (0) 50505 56972 Fax: +43 (0) 50505 8956972

[email protected] www.bankaustria.at

CONTACT

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M-U-T Maschinen-Umwelttechnik-Transportanlagen GmbH

Technologies for a clear future

M-U-T is a production company with its own development, planning, design, manufacture, supply, installation and commissioning of machinery and equipment in the areas of environmental engineering and waste water systems and

municipal vehicles.

In the field of environmental engineering, it offers a complete range of facilities for collecting, processing and recycling of waste. The development of the unique composting, the MUT-Kyberferm composting system, the application of technological innovations in waste treatment in synergy with its own MUT handling enable customized solutions, whether for small

installations or the turnkey plant.

Kreuzroither Metallbau GmbH

Introducing the unique Heliopan Energy Façade

As one of the top-performing, cutting-edge metal construction companies Kreuzroither Metallbau GmbH is a specialist, which meets all demands of aluminium-glass façades and roofs, steel-glass constructions, windows, doors, shopfronts and portals, fire rated windows and doors with all associated metalwork, sun-

protection systems and glazing.

Kreuzroither Metallbau GmbH developed a system of solar panels, solar-thermal or photovoltaic, which are fully integrated into standard transom-mullion or elemental glass façades. It has developed a complete energy-façade-system for hotels, office buildings, hospitals or schools or other applications – the aesthetically pleasing “Heliopan Energy Façade” - which uses the solar energy for hot water, heating or cooling of the building. The system minimizes primary energy consumption and reduces carbon emission – enabling architects to create green buildings

and owners to become independent from fossil energy sources.

Mrs. Rudolfine Meidinger Assistant to Managing Director

[email protected] www.m-u-t.com

Tel.: +43 2266 603 0 Fax: +43 2266 603 153 Schießstattgasse 49,

2000, Stockerau

CONTACT

Ing. Mario Maroh Managing Director

[email protected] www.kreuzroither.at

Tel.: +43 (0) 7662 3201 Fax: +43 (0) 7662 3201 127

Gahberggasse 9 4861, Schörfling a. Attersee

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Neuhold Environmental Technology GmbH

Solutions for a clean environment

NEUHOLD Environmental Technology is one of Austria‟s leading environmental technology companies specialising in waste water

treatment, biogas technology and flood protection.

It was founded in 1974 and has evolved over the years into a company with a leading market position in Austria and abroad. Neuhold Environmental Technology equipment has been installed in municipal and industrial waste water treatment plants

throughout Europe, Asia, Africa and South America.

Due to its orientation towards the international market, it is able to use the most recent technology, based on the relative standards in Europe, Asia, Africa and America. Its export volume is 90 % of

its total turnover.

NEUHOLD„s products are in constant development to serve its customers with the most energy-saving and state-of-the-art

equipment.

METEKA GmbH

Patented Disinfection Technology

METEKA stands for excellence and know-how in all matters relating to hygiene and reliable products that gives the customer maximum safety in implementing decontamination and disposal

solutions.

METEKA offers system solutions for the disinfection of infectious waste. Decontamination is carried out “on site”, in a safe, economically and environment-friendly system solution. Disinfection is achieved by heating up the waste from inside by using “non-contact” microwave energy. The special patented Even-Heat Technology is common to all MEDISTER HF waste

disinfection devices, which are available in various sizes.

METEKA has succeeded in establishing a successful market presence in Austria and internationally. METEKA systems have been installed in different health care facilities as hospitals, laboratories, institutes of veterinary medicine as well as research

units and production plants.

Mr. Alois Neuhold Managing Director

[email protected] www.neuhold-envirotec.at

Tel.: +43 3112 4057-0 Fax: +43 3112 4320 Industriestrasse 32

8200, Gleisdorf

CONTACT

Mr. Philipp Sandheigl Sales & Marketing [email protected] www.meteka.com

Tel.: +43 (0)3572/85166 Fax: +43 (0)3572/85166-6

Viktor-Kaplan-Straße 7 8750, Judenburg

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HEI Solar Light GmbH

Home of the award-winning hei solar light™

HEI Solar Light GmbH is one of the leading Austrian Energy Technology Companies specialized in off-grid solar LED lighting systems. Their internationally recognized and award-winning hei solar light™ is one of its forward-looking premium products. Hei solar light™ forms a unique minimalist design together with innovative technology into a technical and aesthetic milestone in

the development of solar lights.

HEI„s achievements include the Installation of high decorative and efficient solar lights with integrated mono crystalline silicon solar cells complete with all appurtenances, including LED luminary, LEAD-ACID batteries, electronic system, wiring base plates, anchor bolts and foundation for Masdar City in the UAE. HEI has received several awards for its innovation achievements, such as the State Prize Design 2009, the Climate Protection Prize 2008, the Vienna Energy Globe Award 2008, and most

recently Design Plus labeled by Light & Building 2010.

ENERCRET GmbH

Harnessing Geothermal Heating/Cooling Technology

The activities of ENERCRET GmbH are dedicated to the development and installation of alternative systems for harnessing energy for heating and cooling purposes as well as general building services technology. ENERCRET is a wholly owned subsidiary of the 150-year-old Austrian Construction

Group Nägelebau.

For over 20 years the company has focused on the exploitation of geothermal energy through the use of ground-contact concrete structures such as piled foundations and diaphragm walls which provide the earth connection for the building. The basic idea is to extract the thermal energy from the ground via the foundations and to provide the appropriate systems which allow that energy to be utilized in buildings. Conversely, this principle can also be used for cooling by dissipating excess heat into the ground. Providing that the ground conditions permit, this means that

cooling and heating energy can be stored on a seasonal basis.

Mr. Jürgen Brand Marketing Manager

[email protected] www.hei.at

Tel.: +43 1 912 1351 34 Fax: +43 1 912 1351 22

Ameisgasse 65 1140, Vienna

CONTACT

Mr. Bernhard Widerin Product manager

[email protected]

www.enercret.com

Tel.: +43 5522 41526 401 Fax: 43 5522 41526 400

Bundesstraße 20 6832, Röthis

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Blue Chip Energy GmbH

The high-efficiency "Blue-Chip"

Blue Chip Energy produces high efficient monocrystalline solar cells with a yearly capacity of 87 MWp. The "Blue Chip" is made from the highest quality raw materials. It is characterised by maximum efficiency (17.7% and higher), minimal breakage, ideal

temperature coefficients and excellent low-light performance.

The "Blue-Chip“ forms the foundation of its resource-efficient PV power stations. Besides cell production the company offers PV-modules, complete solutions in the field of photovoltaics and photovoltaics integraded solutions e. g. the “Energy-efficient Greenhouse”, which it developed in collaboration with Austrian

partner companies

Research and development, technological innovation and the mission to ensure continuous process optimization based on an

expert workforce are among the company„s core values.

ATM Recyclingsystems GmbH

Excellence in metal recycling

ATM Recyclingsystems offers a high quality metal recycling technology, which is specifically customized to the requirements of waste companies, recycling companies or metal processing

companies.

For more than 70 years the company has concentrated on technologies for scrap processing and offered a relatively wide range of products. It has developed a technology for briquetting metal chips and abrasive slurry from grinding and for baling and

cutting metal waste or scrap metal.

The company offers economical recycling solutions for particular requirements in metal recycling. The main advantage of the technology is the robustness and the multitude of processable materials. In recent years, all production lines were revised and brought up to date with respect to technological progress and

also in terms of the new CE directives.

Mrs. Edith Fuchsbichler Marketing & Communication

[email protected]

www.bluechipenergy.at

Tel.: +43 (0) 3322 44440 0 Fax: +43 (0) 3322 44440 100

Europastraße 9 A-7540, Güssing

CONTACT

Ing. Franz Duspiva Sales Manager

[email protected] www.atm-recyclingsystems.com

Tel.: +43 (0) 3573 27 5 27 0 Fax: +43 (0) 3573 27 5 27 390

Josef-Ressel-Gasse 8 8753, Fohnsdorf

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Komptech GmbH

Practical Orientation & Pioneering Spirit

Komptech is a leading international technology supplier of machinery and systems for the mechanical and biological treatment of solid waste and for the treatment of biomass as a

renewable energy source.

Komptech‟s product portfolio includes more than 30 different machine types and its products cover the major processing steps of modern waste treatment and biomass processing like shredding technology, screening & separation technology and composting technology. Modular construction offering different performance categories simplifies combinations for complete

systems.

A multitude of innovations has given rise to a range of patents that make Komptech products unique and that contribute to the

market leadership position of the company.

Stenum GmbH

Preventive Integrated Environmental Concepts

Stenum is an innovative consulting company with a strong emphasis on preventive integrated environmental concepts always accompanied by effective savings for the companies. This "Eco-Profit" has been confirmed in numerous projects carried out by Stenum in Austria and abroad. Their position in the consulting

field is unique as it combines consulting and research.

Among its areas of expertise are: Optimization of energy, material and water economics, Concepts for waste, energy, water and material management, Environmental Management Systems according to ISO 14001 and EMAS, Quality Management Systems according to ISO 9001, Integrated Management: Quality, Environment, Safety and Energy, Sustainability Balanced Scorecard, Corporate Social Responsibility and Sustainability Reports, Patent and Literature Research, Preparation for certification with ecolabels and Application for and management

of research projects.

Mr. Ewald Konrad Sales Manager

[email protected] www.komptech.com

Tel.: +43 3126 505 510 Fax: +43 3126 505 505

Kühau 37 8130, Frohnleiten

CONTACT

DI Dr. Johannes Fresner Managing Director [email protected] www.stenum.at

Tel.: +43 316 367156 0 Fax: +43 316 367156 13

Geidorfgürtel 21 8010, Graz

CONTACT

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REDWAVE, a trademark of BT-Wolfgang Binder GmbH

Fully Automated Waste Separation

REDWAVE is a trademark of BT-Wolfgang Binder which is a sensor based sorting technology. REDWAVE sorting technology enables fully automated separation of recyclable materials and is successfully worldwide for sorting a variety of materials in many

fields.

Depending on the requirements the material will be identified on the basis of its colour, material or the chemical compounds. The REDWAVE, through excellent industrial design, achieves high

performance and quality recovery of materials.

Due to continuous research and development Redwave is the technological leader in the sensor based sorting technique. The main focal points of their research and development work are plastics recycling, paper recycling, glass recycling, mining

industry and electronic scrap.

enbasys GmbH

Biotechnological Energy Production

Enbasys, specialist in biotech energy, is the home of the "High Load Hybrid Reactor", an innovative system for the anaerobic treatment of complex substrates, which provides major advantages compared with standard installations and classical High Load plants. The High Load Hybrid Reactor represents the culmination of more than 10 years of experience in design, engineering, building, operation and research in the field of anaerobic digestion technology. Their new technology combines advantages of classical digester systems with high performance

digesters for waste water with low organic concentration.

Enbasys is a subsidiary of the internationally active BDI-BioEnergy International AG, market and technology leader in the construction of customised BioDiesel plants. Therefore enbasys does not only provide expertise in anaerobic digestion technology, but also the know-how of BDI in the construction of

customised BioDiesel plants.

Mag. (FH) Angela Thaller Marketing & Sales

[email protected] www.redwave.at

Tel.: +43 3112 8377 2276 Fax: +43 3112 8377 2204

Muehlwaldstr. 21 8200, Gleisdorf

CONTACT

Dr. Stefan Kromus CEO

[email protected] www.enbasys.com

Tel.: +43 (0) 316 4009 5600 Fax: +43 (0) 316 4009 5605

Parkring 18 8074, Grambach/Graz

CONTACT

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ANDRITZ AG

High-priority in R&D: Strategic Goal

The ANDRITZ GROUP is An Austrian-based globally leading supplier of plants and services for the hydropower, pulp and paper, metals, and other specialized industries (solid/liquid separation, feed and biofuel). The Group focuses on five

business areas:

The ANDRITZ HYDRO business area is a global supplier of turnkey electromechanical equipment and services for hydro power plants; the product range also covers pumps and turbo

generators.

PULP & PAPER provides technology and services that enable the industry to produce practically all grades of pulp for the manufacture of paper, board and fibreboard, and also specialized

machines for tissue production.

ANDRITZ METALS develops, manufactures and installs plants for the production of cold-rolled and hot-rolled, surface-finished carbon steel, high-grade steel and non-ferrous metal strip. This includes plants for the regeneration of pickling acids and for metal oxides. In addition, the business area builds plants for punching

and metal forming.

ENVIRONMENT & PROCESS covers a comprehensive range of technologies, products and services for mechanical and thermal solid/liquid separation for municipalities and major industries (e.g.

mining, steel).

The FEED & BIOFUEL business area supplies systems and machines for industrial production of conventional mixed animal feed and high-quality, special animal feed. In addition, the business area holds a leading position in supplying equipment for

wood pelleting plants

The ANDRITZ GROUP gives high priority to Research and

Development activities in the framework of strategic group goals.

New products and machinery, and the advancement of existing processes, are an absolute necessity to secure longterm success of the ANDRITZ GROUP.Approx. 3% of total Sales are invested in Research and Development and contract related developments each year.The ANDRITZ GROUP holds over 3,700 patents and patent applications, as well as approx. 800 trademark applications and registrations worldwide. Each Business Area has its own R&D facilities and pilot plants. Pilot plants are often

used by potential customers.

Mrs. Petra Wolf Corporate Communications

[email protected] www.andritz.com

Tel.: +43 316 6902 2722 Fax: +43 316 6902 465 Stattegger Strasse 18

8045, Graz

CONTACT

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DELTA BLOC International GmbH

State-of-the-art Safety Know-How

DELTA BLOC International GmbH is a leading developer of precast concrete vehicle restraint systems. DELTA BLOC® concrete safety barriers incorporate a patented connecting system that facilitates fast installation and provides maximum

safety in the event of a crash.

DELTA BLOC® provides solutions for transportable restraint systems for securing temporary work zones, permanent restraint systems for verges, central reservations and bridges and an innovative, space-saving combination of soundproofing and restraint systems. DELTA BLOC® restraint systems have been successfully crash tested, meeting the strict conditions of the European standard EN 1317 and the American conditions

according to NCHRP 350 and MASH.

DELTA BLOC® is being distributed in 28 countries through 34 partners, thus providing a significant contribution to road safety

world-wide.

Unger Steel Group

High-Tech, innovatively applied

Unger is an Austrian family-run business which has been operating successfully beyond the borders of Austria for almost 60 years now. The core competences of the company are structural and architectural steel construction, ready-to-use solutions of entire properties in its role as general contractor and

all issues pertaining to project development (real estate).

The product portfolio spans the entire construction industry. The Unger Group implements projects of any size and branch: sport, leisure and multi-purpose buildings, airports, office and high-rise buildings, multi-storey car parks, hotels and residential buildings, industrial buildings, bridges, power stations, exhibition and event

buildings, shopping centres and many more.

Technological expertise within the Unger Group means, among other things, high-tech on the basis of CAD/CAM, one of the most modern steel plants in the world and state of the art

machinery.

Mr. Wolfgang Ganster Licensing Division Manager

[email protected]

www.deltabloc.com

Tel.: +43 557715 470 487 Fax: +43 57715 400 282 487

Industriestrasse 28 2601, Sollenau

CONTACT

Mr. Alexander Burdiak Head of New Business

[email protected]

www.ungersteel.com

Tel.: +43 1 5852615 0 Fax: +43 1 5852615 15

Steinamangererstrasse 163 7400,Oberwart

CONTACT

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EUROFOX GmbH

Innovative Façade Technology

With the flexible EUROFOX systems any type of façade can be created: bricks, metal, HPL, glass fibre concrete or even glass. The large number of design patents the company holds illustrates the inventiveness and innovation of EUROFOX as a company, and emphasises its position as technical market leader. The patented EUROFOX products “FIX in a FOX” (world first), “EcoFOX” and “MacFOX” are specially designed to meet the increasing requirements of building physics. These products have the advantage of realizing back-ventilated cladding facade faster,

more economical and safer.

EUROFOX has the necessary flexibility to realise individual solutions and to guarantee the highest possible product quality. Reference projects are: the Bregenz Festival House, New Zealand's Auckland Arena or the installation at Towson University in the USA as well as former Europe's highest building, the 264 m

high Triumph Palace in Moscow.

DYWIDAG-Systems International GmbH

Patented Tunnelling and Mining Technology

In 1979, DYWIDAG-Systems International (DSI) was founded to distribute products for construction and geotechnical applications based on DYWIDAG patents. DSI engineers soon began to further develop this “inherited” know-how with their innovative ideas, thereby constantly improving the original products and developing new ones. DSI permanently monitors, amends, reviews, tests, and adapts its wide product range to meet new regulations and official approval requirements. DSI attaches great importance to R&D in order to continuously provide high quality products to its customers. About 100 employees around the world

are focused on R&D and engineering.

The systematic research in materials, structural engineering and construction methods is coordinated in the regional headquarters, thereby pooling and combining the global know-how from all sectors (Construction, Mining & Tunneling) of the group for the

benefit of all customers.

Mag. Paul Steiner, M.A. Marketing

[email protected] www.eurofox.com

Tel.: +43 (0) 664 886 55 314 Fax: +43 (0) 2627 424 00 40

Gewerbepark 10 2821, Lanzenkirchen

CONTACT

Mag. Siegfried Genshofer Business Unit Director

[email protected] www.dywidag-systems.at

Tel.: +43 7229 61049 0 Fax: +43 7229 61049 80 Alfred-Wagner-Strasse 1

4061, Pasching/Linz

CONTACT

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Rabmer Group

Future-oriented Technology

Primarily engaging in structural and underground engineering, Rabmer Group has specialized now for 20 years on no-dig technologies used for pipe rehabilitation. Its program offers different processes for the inspection, cleaning, rehabilitation and renewal of all kinds of pipelines, such as sewage pipes, drinking water pipes, gas pipes, oil pipes, industrial pipes and tanks. The best quality guarantee relies, among others, on its know-how from many years of experience as well as the newest technology

for machinery and equipment.

Rabmer is one of the largest contractors of pipe rehabilitation in Europe and has extensive know-how and a deep vertical integration of trenchless technologies. Rabmer is one of the few construction companies with extensive in-house product and application know-how, adding value with product advancements

and new developments.

bst-Brandschutztechnik Doepfl GmbH

Original Fire Stop/Sealing Systems

bst-Brandschutztechnik is an Austrian producer and exporter of fire-resistant products, especially of Multi Cable Transits, for the preventive fire protection of cable and pipe penetrations in onshore and offshore/marine constructions. The bst systems also offer tightness against water, gas and explosion pressure. They have been subjected to a multitude of test procedures and are

approved by relevant authorities worldwide.

In India, bst‟s activities are focussed on the marine, navy and offshore market with very positive results. bst seeks to supply also to other business lines in India, like electrical power supply,

pipeline, natural gas, mobile communication, and railways.

bst is a family-owned company whose continuous flow of ideas and an inventive spirit are the basis for improvements and further

developments.

Mrs. Ulrike Rabmer-Koller General Manager [email protected] www.rabmer.com

Tel.: +43 7230 7213 781 Fax: +43 7230 8093 731

Bruckbachweg 23 4203, Altenberg

CONTACT

Mr. Martin E. Uhlig Sales Director

[email protected] www.bst-firestop.com

Tel.: +43 1 97097 0 Fax: +43 1 97097 18

Albert-Schweitzer-Gasse 6c 1140, Vienna

CONTACT

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e2 group umweltengineering GmbH

Innovative, Sustainable and Economic Solutions

equadrat group is a dynamic group of companies with a strong growth potential, acting as a competent full service supplier in the

fields of environmental, energy and infrastructure engineering.

equadrat group operates in several countries in Europe and has 8 locations in Austria as well as a subsidiary in Bulgaria and a

branch in Albania.

The services of equadrat group range from project development via a comprehensive spectrum of engineering services up to project analysis in the fields of environmental, energy and

infrastructure engineering.

The high professional competence of its team guarantees professional consulting, planning and implementation of individual customer requests. Innovative, sustainable and economic solutions as well as the use of alternative energies are at the

center of their attention.

gunytronic gasflow sensoric systems GmbH

Radical Innovations creating possibilities

GUNYTRONIC gasflow sensoric systems GmbH provides unique and patented ion emitter sensor systems for measurements of industrial gases, even under explosive atmospheres as well as sensors for oil condition monitoring and a calibration unit to refer

or calibrate sensor systems.

The company deals with production, distribution, maintenance and licensing as well as further development of their sensor systems for a wide range of applications. Conventional sensor technologies are specialized in specific fields of application whereas the GUNYTRONIC sensor systems satisfy many requirements of measurements and applications such as extremely wide range, capability of electronic calibration, robustness, resistance to shock, moisture and aggressive media, low space requirement and detection of multiple parameters in real-time. Due to these radical innovations, the company obtains

results with an accuracy, which has not been provided so far.

Dipl.-Ing. Sandra Tanos Head of Internationalization [email protected]

www.equadrat.com

Tel.: +43 (0) 316 67 68 08 Fax: +43 (0) 316 67 68 08-309

Haushamerstraße 2 8054, Graz-Seiersberg

CONTACT

Mr. Gerald Rauecker CEO

[email protected] www.gunytronic.com

Tel.: +43 7435 54655 0 Fax: +43 7435 54655 18 Langenharter Straße 20

4300, St. Valentin

CONTACT

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Steyr Motors GmbH

Decades of Motors Development

Steyr Motors is the specialist for diesel engines out of the earlier Steyr-Daimler-Puch group of companies. Decades of engine engineering and production of diesel engines for all kind of commercial & military vehicles resulted in the development of the

Steyr M1 (“Monoblock”) engine family.

Steyr Motors‟ core competence is to develop and produce high performance state-of-the-art diesel engines as well as hybrid-systems for commercial, military and marine applications. The company gained vast experience in “Diesel-Electric” and “Hybrid” propulsion, resulting in the first worldwide introduced Hybrid propulsion for pleasure boats or serial Hybrid systems for trolley

bus usage in EURO5 emission level configuration.

Efficiency, competence and innovation are the keywords which lead to international success and contracts from customers with

high reputation.

dTech Steyr Dynamics & Technology Services GmbH

Engineering of complex systems

dTech steyr is specialized in computer simulations and high-tech computations. Its core business are dynamic and strength calculations for engines, vehicles or machines and their resulting problems such as durability, acoustic and comfort. In network cooperations develops dtech high-quality systemic solutions for

the global market.

Most of the company„s workforce are engineers specialized in automotive engineering, applied physics, informatics, micro-electro-mechanical systems and mechatronics. Besides engineering jobs, dTech Steyr also works intensively on top-class

research projects.

Already shortly after its foundation dTech Steyr was awarded numerous prizes of various categories. Among dTech Steyr„s references are: Audi, Bombardier, Daimler-Chrysler, KTM, Alfa-

Romeo, BMW and Mercedes-Benz.

Mr. Jürgen Gartlehner Project Manager

[email protected] www.steyr-motors.com

Tel.: +43 7252 222-0 Fax: +43 7252 222 19

Im Stadtgut B1 4400, Steyr

CONTACT

DI. Dr. Peter Fischer General Manager

[email protected] www.dtech-steyr.com

Tel.: +43 (0) 7252 51555 10 Fax: +43 (0) 7252 51555 50

Steyrerweg 2 4400, Steyr

CONTACT

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SOL-TEC Maschinen GmbH

Technology Quality of the Future

The company offers a full range of products for the Automotive Industry including products for the manufacturing and finishing of Disc Brake Pads and Drum Brakes for passenger cars and trucks as well as mould carriers and press systems for manufacturing and development purposes with integrated linear or buckling arm robots, controlled by host computers and provided interfaces to

the injection units attached.

SOL-TEC offers highest technical standards and its innovative solutions are tailored to each individual application and

requirements.

From consulting and design to production and assembly, SOL-

TEC„s guarantees for technology quality of the future. Additionaly,

the use of electronic and pressure/flow controlled hydraulic

pumps, hybrid technology and all-electric drives offer systems

with highly efficient energy consumption for its customers.

Kristl, Seibt & Co GmbH

Partner for turnkey solutions

Kristl, Seibt & Co GmbH has been offering solutions in the business fields of automotive engineering, industrial automation

and building facilities for more than 35 years.

KS activities range from Automotive Engineering (Design and construction of complete testfields, Engine testbenches, Gearbox testbenches, Chassis dynamometers, Component testbenches, Conditioning devices, Testbench automation systems, Data acquisition systems) to Industrial Automation (Process control and building automation systems Energy management systems

Access control systems Timerecording systems).

KS solutions are characterised by the optimum use of synergies between the technological fields mechanics, automation engineering, electrical engineering, data engineering and building facilities. This ensures that KS Engineers is a competent partner

in the efficient handling of comprehensive turnkey projects.

Mr. Walter Leinweber Sales & Project Manager

[email protected] www.sol-tec.at

Tel.: +43 2622 307 305 Fax: +43 2622 307 222

Johann-Giefing Strasse 8-10 2700, Wiener Neustadt

CONTACT

Dr. Wolfram Rossegger CEO

[email protected]

www.ksengineers.at

Tel.: +43 316 5995 1074 Fax: +43 316 5995 1080

Baiernstrasse 122a 8052, Graz

CONTACT

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EMPL Fahrzeugwerk GmbH

Tailor-made vehicle body

EMPL is one of the leading European manufacturers in the field of tailor-made special bodies for truck chassis, trailers and semi-trailers. Based on a rich experience in exports, EMPL products are suited to specific customer requirements and acknowledged

world-wide.

Empl is permanently developing in the field of recovery systems. Therefore the range of vehicles - suitable for all chassis brands – is very wide. EMPL (heavy duty) recovery vehicles are a mark of individuality, quality, lasting durability and reliability. One of the latest developments is for example a swinging lifting yoke, which

enables “off-road” and military deployment in difficult terrains.

EMPL recovery vehicles are a must have for all private companies and governmental institutes active in the towing and recovering business such as highway authorities, police departments, military, mine companies, public transportation

companies and fire brigades.

Piesslinger GmbH

Introducing 'Alu-Vision'

Piesslinger supplies the international market with high-end aesthetical and technical aluminium components that are produced using the latest manufacturing technologies. Their products are being used in Automotive Industry, Audio & Visual

industry and electronic components as well.

Piesslinger not only machines aluminium, but also creates complete solutions for their customers. They use aluminium in various kinds of other components, including profiles or sheet metal made of special alloys for surface technology and the

anodising process.

Various innovative design ideas given by their customers impact their technological and personnel development. They term this open and adaptable design process “Alu-Vision”. It comprises: machining of custom-made extruded aluminium profiles, aluminium sheet metal and solid aluminium, surface design,

special finish, printing and tooling.

Mr. Michael Gattinger Export Sales Manager

[email protected] www.empl.at

Tel.: +43 5283 501 160 Fax: +43 5283 501 909

Kaltenbach 150 6272, Kaltenbach

CONTACT

Mr. Norbert Pittner General Manager

[email protected] www.piesslinger.at

Tel.: +43 7584 2456 222 Fax: +43 7584 2456 305

Im Gstadt 1 4591, Molln

CONTACT

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Advantage Austria Network

Research and Technology in Austria Major economic factor. Austria boasts 22

public universities, 12 private universities, 21 universities of applied sciences, more than 30 specific research promotion programs, close to 2000 projects annually targeting corporate research, more than 1,000 non-university research facilities and numerous R&D headquarters. As a result, research and development is an important economic factor in Austria. Since the year 1998, research expenditures have climbed by an average of 8%. The country is in the top ranks of Europe‟s research landscape, featuring a research quota of 2.76%, which corresponds to investments of about EUR 7.65 billion. Moreover, Austria has even more ambitious plans for the future. It intends to raise its R&D quota to four percent by

the year 2020.

The transformation of Austria into a research and technology-based location was initiated in the middle of the 1980s. This process has been supported by a national research policy exploiting and focusing on existing strengths, providing tax incentives for research and promoting the cooperation of the scientific and business communities in a targeted manner based on the implementation of competence and

excellence programs.

R&D: Motor of change. Austria has

developed a high level of internationally acclaimed innovative prowess in the fields of environmental technology, ICT, medical engineering, life sciences and biotechnology – benefitting from its geographical location, its educational system and last but not least, its high quality of life. All these sectors boast a longstanding tradition in science and industry. They have emerged as dynamic forces driving the country‟s emergence as one of Europe‟s most attractive research and technology

locations.

The cooperation between research and industry is considered to be the guarantee for a successful innovation system and competitive economy. Austria has realized the importance of expanding this cooperation in cutting-edge

technological fields. Based on its funding initiative “COMET – Competence Centers for Excellent Technologies“, Austria‟s research and technology policy is sending a unique message to Europe focusing on the links established between science and industry. The aim of the COMET program is to strengthen the cooperation between companies and the scientific community, bundle research competencies in high-value research and technology fields, and promote the commercial realization of the resultant findings. COMET explicitly focuses on expanding scientific excellence within the context of the specific research strengths of a country, integrating

international research know-how in the process.

Today more than 1,500 people from science and industry work on jointly defined research programs at an internationally competitive level at 46 competence centers throughout Austria. Companies, colleges and universities of applied sciences, research facilities and transfer institutions devote their efforts to cutting-edge issues such as tailor-made, individualized cancer therapy, the optimization of environmental technologies in the field of renewable energies or the research and development of technologies for future communications systems. On balance, the COMET program financed by the Federal Ministry for Transport, Innovation and Technology and the Federal Ministry of Economy, Family and Youth and coordinated by the Austrian Research Promotion Agency FFG will make a total of EUR 500 million in public grants available during the duration of the

initiative (2006-2019).

According to the Austrian Research and Technology Report 2009, the non-university research (the “cooperative sector”) ranks among the fastest growing fields of Austria‟s research landscape, with R&D expenditures quadrupling in less than 10 years. Close to 50% of direct public funding has been destined for the cooperative sector. One more statistic is quite striking: more than 5,000 people are employed in the 52 non-university research facilities. In

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short, Austria‟s network of corporate and industrial research is successful and

extraordinarily good.

Examples of non-university research facilities: Austrian Cooperative Research, Austrian Institute of Technology, Joanneum Research, Christian Doppler Research Association and

Ludwig Boltzmann Gesellschaft.

Further examples of companies with research emphasis: Infineon Technologies Austria AG, voestalpine AG, Zumtobel Lightning, OMV AG, Magna, Mubea Carbo Tech GmbH, Underground_8 Secure Computing GmbH, Thöni Industriebetriebe GmbH, TTTech Computertechnik GmbH and FerRobotics

Compliant Robot Technology GmbH.

Companies in Austria successfully rely on the competitive strength of research and

development.

Research Champions in Austria Companies with the highest R&D investments in percent of turnover

(Source: Summary of ABA Research and Develop-ment Report 2010)

The ADVANTAGE AUSTRIA network, under the

roof of the Austrian Federal Economic Chamber,

consists of more than 114 service centers in

more than 70 countries worldwide and provides

a broad range of commercial services for both

Austrian companies and international clients.

700 Austrian specialists and local experts

worldwide assist you upon request in locating

Austrian suppliers and partners and organize

over 1,000 events a year to establish business

contacts. Other services provided by

ADVANTAGE AUSTRIA range from introducing

foreign importers, distributors or agents to

Austrian export companies, to drafting market

reports and assist with market entry strategies,

and to offering in depth information on Austria as

a business or investment location and

assistance when entering the Austrian market.

ADVANTAGE AUSTRIA IN INDIA

Austrian Trade Commission New Delhi Trade Comm. and Commercial Counsellor Mr. Hans-Jörg Hörtnagl Deputy Trade Comm. and Com. Attaché Mr. Markus Haas

85, Jor Bagh, New Delhi 110 003 Tel.: +91-11-24618395 +91-11-24618397 Fax: +91-11-24618742

[email protected] Austrian Trade Office Mumbai Head of Austrian Trade Office Mr. Ramesh Kalnawat

3rd Floor, Y.B.Chavan Centre, Gen. J. Bhosale Marg, Mumbai 400021

Tel.: +91-22-22826065 [email protected]

Austrian Trade Office Chennai Head of Austrian Trade Office Mr. Ravi Shankar

52, Easwaran Koil Lane, Alandur, Chennai 600016

Tel.:+91-99400 68786 [email protected]

Advantage Austria Network

World-wide network, your advantage

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Invest India

Facilitating Investments in India Invest India is the official Investment Facilitation Agency for India, a joint venture of the Ministry of Commerce and Industry with the Federation of Indian Chambers of Commerce and Industry (FICCI). It acts as the first reference point for any investor interested in India. It assists investors in identifying and realizing investment opportunities and in setting up business by making available sector-wise consultants and coordinating with the state government. Among its various undertakings, Invest India plays important roles in:

Responding to Investment Related Inquiries. Guidance on doing business in India, assisting with sector-specific legislations and regulations, FDI policy, custom and excise duties, taxation and trade agreements. It provides all information pertaining to investments in each Indian state (e.g.:land, incentives) and it also assists on the procedures for setting up a company, a branch office, liaison office or joint venture.

Business to Business Linkages. Invest India helps identifying and connects potential joint-venture partners or technical collaborators.

Handholding Support for Investments. Coordination with multiple state governments for facilitating information, coordination of meetings with relevant authorities and organization of investors visits.

Memorandum of Understanding(MoU) and Memorandum of Intent (MoI) that have been signed by Invest India with the following agencies: Invest in America, INVITALIA, Japan External Trade Organization (JETRO), Korea Trade-Investment Promotion Agency (KOTRA), UK Trade & Investment (UKTI), Invest in France Agency & UBIFrance.

Embassy of India, Vienna

The Economic & Commercial Wing

Invest India

Mr. V K Topa Managing Director

[email protected]

[email protected] www.investindia.gov.in

With the ultimate goal of promoting trade and investment flows between India and Austria, the commercial wing of the Embassy of India, Vienna, undertakes, among others, the following activities:

Government to Government (G2G). Organization of meetings and exchange of information at the G2G level under the established bilateral institutional mechanisms like the Joint Economic Commission and other sectorial Joint-Work Groups and follow up initiatives developed under these different mechanisms.

Dissemination of Information. Providing information in the form of replies to trade enquiries, circulation of information relating to fairs and exhibitions, dissemination of information relating to trade and business opportunities, posting monthly economic commercial reports and newsletters both for readers in India as well as in Austria.

Market Research and Trend Analysis. This aspect of the commercial wing„s functioning is focused on making sense of the available statistics, connecting the different sources of information to find trend directions and create initiatives based on these research results. At a broader level this task is not only limited to India-Austria but also to understand how India„s economic and commercial relations are heading with European Union and what impact that has on India-Austria bilateral relations.

Networking and Outreach Activities. Developing contacts with business institutions, organisations and relevant business community in both India and Austria, organizing sector-focused B2B meetings based on interest from both sides, participating in Austrian business events and presenting Indian point of view at outreach events.

Facilitation. Facilitation for visiting trade delegations like organizing meetings and providing logistic support, lending support to event organizers for holding seminars, conferences, fairs, exhibitions and road-shows and encouraging Indian participations therein and helping Indian businesses to conduct and expand their presence business.

Dispute resolution. Business to Business defaults of payments and similar issues are attempted to be resolved by referring matters to Chambers of Commerce/ Director General of Foreign Trade for amicable settlement.

For trade inquiries and/or inquiries on any of the above-mentioned activities,

contact us!

Mag.(FH) Thyago Ohana Marketing Officer

+43 1 505 8666 30 [email protected]

Mr. Raj Kumar Srivastava Counsellor (Eco/Com)


Mr. Joseph Olimalayil Marketing Assistant


Indische Botschaft Wien

India in Business Portal | www.indiainbusiness.nic.in

Advantage Austria Portal | www.advantageaustria.org/in

www.indianembassy.at

Documents

Innovation & Technology - For a Successful India-Austria Partnership