India and Europe have always shared very cordial trade relations. The bilateral trade between India and Europe stood at US $74.5 billion in 2010 and is likely to touch US $400 billion by 2017. The SMEs, Entrepreneurs, Young Entrepreneurs and Large Companies are always keen to develop business connectivity between India and Europe to explore new business opportunities and the effort is increasing day by day in various sectors. Many Indian companies have started looking for setting up industrial units in many European countries.
Small and Medium Entrepreneurs plays a key role for the economic growth of every Nation. SMEs are very keen to learn and obtain new business opportunities from various sectors. Keeping in view the potentiality for business growth between India and Europe, Mr. Chandrakant Salunkhe – Founder & President of Small & Medium Business Development Chamber of India and India International Trade Centre (Investment & Trade Promotion Organisation) and Chairman & MD, Macro Group of Companies has taken initiative to set up “EUROPE – INDIA SME BUSINESS COUNCIL” to support SMEs and entrepreneurs to enhance bilateral trade and investment promotion in India and Europe.
This Council is a unique platform for SMEs, Entrepreneurs, Young Entrepreneurs and Large Companies to establish contacts with each other. The SMES will get an opportunity to exchange information about new business opportunities, import, export, joint ventures, collaborations, alliance, technology transfers, contract manufacturing tie ups and other business activities in various sectors. The Council will support for investment promotion in India and European countries and identify business partners, setting up industrial units and other related matters.