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Netherlands is proving to be gateway for India’s exports to Europe: Envoy.
May 19, 2022
Netherlands has emerged as fourth popular destination for Indian exports. Netherlands Rotterdam Port is playing a big role in promoting Indian trade to Europe and the country is proving to be New Delhi’s gateway for exports to the continent. The Make in India can support Dutch companies to invest in India and a great example is the collaboration between Dutch shipbuilder Royal IHC with Cochin Shipyard Limited, Netherlands envoy to India Marten van den Berg told ET’s Dipanjan Roy Chaudhury.
Netherlands has emerged as the fourth popular destination for Indian exports. What are contributing factors behind this ?
The Netherlands has always been a very open economy with great logistical infrastructure. Our harbor Rotterdam is the largest and most efficient harbor in Europa. Therefore, not only Indian exports to the Netherlands, but also many Indian exports to Germany, France and Belgium enter through the Netherlands. India is doing very well with trade, it registered the highest ever exports in 2022.
An important part of Indian exports was fuel. Rotterdam, being a key harbor for fuel imports, was a so called a natural export destination of Indian fuel exports to the EU. But also a high level of commodities export contributed to the rise. Because of the excellent hinterland connections the Netherlands is a gateway to Europe and therefore an important destination for exports to Europe of commodities, like Indian commodities.
For us the Make in India initiative is a policy to better connect India with global supply chains. We are supporting Dutch companies looking for diversification of supply chains to look to the opportunities in India. We do that in close consultation with Invest India.
Invest India is a great partner for foreign investors in India. The Make in India can support Dutch companies to invest in India. A great example is the collaboration between our Dutch shipbuilder Royal IHC with Cochin Shipyard NSE -2.93 % Limited. Under the Make in India initiative they are going to build dredgers for DCI to meet the increasing demand in India for dredging services.
What are Netherlands plan for becoming gateway for Indian exports and investments in Western and Northern Europe based on its advantage of ports. Is there any plan for collaboration in shipping sector?
We are connecting nearly half a billion consumers in the European hinterland to global producers. The Netherlands has a world class port, a great Amsterdam airport, an extensive network of waterways, a strong road transport sector and a network of rail infrastructure. We offer the best infrastructure facilities, but it is ultimately for the private sector to decide where to invest.
We believe strongly in a market driven process. Because of our strong economy we see many foreign companies investing in the Netherlands. There are also over 200 Indian companies present in the Netherlands. Companies like TCS NSE -4.42 %, HCL, Wipro NSE -5.33 %, Infosys NSE -5.35 %, Tech Mahindra NSE -5.36 %. Not only because of the infrastructure but also because of our high tech private sector, our strong institutions and skilled labor force.
We see many Indian companies using the Netherlands as a hub in Europe and we very much welcome Indian companies. It is also great to see that Indian people feel at home in the Netherlands. English is our second language, there are many Indian restaurants, we play cricket, although not as good as in India and there is a very good connectivity from Amsterdam Airport to several Indian cities.
How would you characterize visit of Indian President to Netherlands and your Foreign Ministers visit to India.
Extremely positive. It was the first state visit after Covid19, so everyone in the Netherlands was very exited. There was a very warm welcome from our Royal family and our Prime Minister. There was a strong engagement from the whole Dutch cabinet. We celebrated 75 years of diplomatic ties and friendship. During the visit the Indian President named a new breed of a tulip called Maitri, as a symbol of the special and long friendship between India and the Netherlands.
It was the first Head of State visit from India to the Netherlands in more than three decades. India and the Netherlands have a natural partnership and there are many synergies in our relation. We both are democracies, we value rules based systems and a pluriform society. Both our economies are market and innovation driven. We are working closely together on water, agriculture, climate and health.
economictimes.indiatimes.com
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