Quick business relationships between EU and India people get jobs

New -delhi, October 4 (IANS). There is constant development in business relations between the European Union (EU) and India. In the recent second annual General Assembly of the Federation of European Business in India (FEBI), EU ambassador in India, Harve Delphin, said that Febi achieved significant achievements in the first year. Let us know that Fabby was officially inaugurated on October 11, 2024 in the presence of Trade and Industry Minister Piyush Goyal. Febi president Remi Mallad resigned from her post after a year. Now a new president will be appointed in his place. EU ambassador Harve Delphin congratulated Remi, saying that the success of Fabby, without your foresight, dedication and determination, would not be possible. Fabby will have a permanent heritage in India. I would also like to thank Fabby Secretariat (led by General Secretary Sonia Parashar) for her excellent organizational skills and hard work. I am confident that with the spirit of your energy, creativity and purpose you will write a new successful chapter in the story of Fabby. Explain that European businesses have arrived firmly since the establishment of Fabby. Febi has more than 160 member companies representing European businesses in India. The EU ambassador said a recording was recently conducted on the trade of the European Union in India. This survey revealed that there are approximately 6,000 companies in European Union in India, the number of which has increased rapidly over the past few years. These companies are present in almost every Indian state and trade union area of ​​Jammu and Kashmir in the north to Tamil Nadu in the south and from Gujarat in the west to Assam in the East. According to the survey, companies in European Union have created more than 3 million direct jobs in India. This employment is high quality and good salary. In addition, millions of indirect jobs have also been created. In 2024, the European Union enterprises in India did a total of 186 billion euros, which is about 5 percent of the Indian economy. The European Union businesses exported goods worth 23.5 billion euros, which are about 6 percent of India’s total exports. He also paid more than 7 billion euros. These figures reflect real benefits for Indian employees, families, society and economy. The entire community of European trade in Febi and India is part of India’s development as well as the European Union India partnership. The European Union business regards India as an attractive market. The European Union business considers the Indian market as great opportunities as well as great opportunities. This is why the European Union businesses invest in the market here and contribute to promoting the Indian economy. Through these businesses, new jobs are created in India. European businesses carry on the idea of ​​’Make in India’ of India. – Ans Kanak/DSC Share This Story Tags