Bangalore Chamber of Industry & Commerce

Visit by the Ambassador of Greece to India to BCIC Greece Invites Indian Companies to Explore Business Opportunities in Greece

Addressing a select group of industry captains at an interactive session organised by the Bangalore Chamber of Industry and Commerce (BCIC) in Bangalore, HE Panos Kalogeropoulos, Ambassador of Greece to India, spoke extensively on the rebound of Greek economy after the country’s exit from a bailout programme in August this year. Keeping this resurgence of Greek economy back into the main stream HE Panos Kalogeropoulos sent out an open invite to Indian companies to expand their business horizon by forging new alliances in the form of new technology, business collaboration and exchange of ideas in the sectors of Energy, Food and Agriculture, Life Sciences, ICT, Logistics and Tourism among others, with Greek counterparts.

HE. Panos Kalogeropoulos also informed that India will be the ‘Honoured Nation’ at the Thessaloniki International Fair 2019 (TIF) Greece, where entrepreneurship and innovation excellence gets showcased in this northern Greek city. Since India is the Guest Nation to participate at this largest International fair in Greece HE. Panos Kalogeropoulos said that he expects a large contingent of Indian companies and businesses to actively participate at the fair.

Further, HE. Ambassador Panos Kalogeropoulos, presented the “Greek Golden Visa” programme to foreign citizens including Indians, whereby they can initially get a residency permit for ten years and thus be accorded permanent residency in the country. “Golden Visa is offered to non-EU citizens who would like to settle in Greece by way of investing a sum of at least €250,000 in the form of real estate acquisition or partial investment in any sector or a bank deposit. Greece shall facilitate and issue a residency permit under this programme to Indian citizens looking to settle there and invest in the country”.

On the other hand, Mr. Kishore Alva, President BCIC and & Joint President and Executive Director, Adani - Udupi Power Corporation Ltd. showcasing IT prowess of India to the Ambassador who was very keen to understand the ICT sector said: “We are the topmost offshoring destination for ICT companies across the world. Having proven our capabilities in delivering both on-shore and off-shore services to global clients, emerging technologies now offer an entirely new gamut of opportunities for foreign countries using Artificial Intelligence, Blockchain, Cloud Computing, Robotics to name a few. Since you are specifically looking at ICT sector, we can facilitate tie-ups based on your requirement.

Mr. Kishore Alva further said that “BCIC has long-standing working relationship with several foreign trade and investment bodies. This bonding with foreign trade bodies has enabled us to work more closely in promoting business and trade opportunities between India and other nations. The Chamber has been regularly hosting business delegations and also organising B2B meetings with visiting countries. We feel extremely happy to associate with Greece and act as a catalyst in all your future endeavors.”

Over 15 industry captains in total representing different industry verticals interacted with H.E. the Ambassador of Greece to India, to explore business opportunities in Greece.