Marisa Gerards, the Netherlands Ambassador in India, together with Head of Financial Affairs Joost Geijer and INBA H (India-Netherlands Enterprise Affiliation) Chairman Chakravarthi AVPS, held a productive assembly with the Chief Minister of Telangana Revant Reddy, Minister Komatireddy Venkata Reddy, Chief Secretary of the State Shanti Kumari, Spl Chief Secretary Ramakrishna Rao, and different officers to debate the robust bilateral ties between the Netherlands and India.

The discussions primarily centered on exploring alternatives for Dutch funding in India, underscoring the favorable enterprise atmosphere within the nation. Potential collaborations within the agriculture and water sectors had been explored, together with initiatives such because the Agricultural Facilities of Excellence and the Musi River rejuvenation venture. Moreover, avenues for progress within the Pharma & Biotech sectors had been mentioned.

Chakravarthi, who additionally chairs the Federation of Pharma Entrepreneurs, Telangana & Andhra Pradesh, highlighted the numerous pharmaceutical exports from India to the Netherlands, amounting to roughly $600 million, with 70% comprising formulations. He talked about a current Memorandum of Intent (MoI) signed between the Central Medicine Commonplace Management Organisation (CDSCO) of India and the Ministry of Well being, Welfare and Sport of the Netherlands. This MoI goals to ascertain a framework for cooperation and knowledge change within the discipline of Medical Merchandise Regulation, facilitating commerce progress and fostering higher collaboration between the 2 international locations within the pharmaceutical sector.

The assembly between the Netherlands delegation and Telangana authorities officers signifies a step ahead in strengthening financial ties and exploring avenues for mutual progress and cooperation between the 2 nations.

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