“Hindustan Chamber of Commerce, Chennai (HCC)”
HCC was established in 1945, one of the largest Chambers authorized by the Government of India. Romania successfully presented their business opportunities organized by Hindustan Chamber of Commerce at H.C.Kothari Memorial Hall, Chennai. Ambassador of Romania H.E.Mrs.Daniela Mariana Seznov Tane, along with H.E.Mr.Vijay Mehta, Hony. Consul General of Romania and H.E.Mr.Purrshottam Bhaggeria, Hony. Consul General of Moldova will share the details about the investment and business opportunities in Romania.
There are plenty of investment opportunities on Digitalization of the agriculture sector, Irrigation infrastructure, drainage and soil erosion, Mechanization and the extensive use of modern technology, Collecting, storage systems and processing of agriculture products and The Organic Farming segment.
Ambassador of Romania H.E.Mrs.Daniela Mariana Seznov Tane quoted, Romania is one of the most competitive labour force in the EU (€8.1), Investors that set up manufacturing locations or offices in an industrial, scientific or technological park benefit from Exemption on land, building and urban planning tax and Exemption on taxes charged for changing land destination. The Romanian tax System is 35% Social Security, the key factors for top tech-oriented industries in Romania, Continental EUR 175M investment in 2017, Daimler EUR 250M in 2018 investment for gear boxes, Ford EUR 200M investment for production of new model, Siemens software dev. worked on the Mars Rover, Deutsche Bank EUR 40M investment, LiveRail was acquired by Facebook for EUR 600M, Airbus Helicopters EUR 15M investment and many more.