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21-22 June 2013 - Luxembourg is the perfect gateway and hub for Indian companies, interested in doing business in Europe

H.E. Mr Gaston Stronck, Ambassador of Luxembourg to India, held interactive sessions organised by PHD Chamber of Commerce, during two days visit to Ludhiana and Jalandhar in Punjab. Ambassador explained that Luxembourg's stable, high-income economy features moderate growth, low inflation, and low unemployment. It is ranked second richest country in the world as per capita GDP on purchasing-power parity (PPP). The economy which was largely dominated by steel have now diversified into chemicals, rubber, and other products. Banking and financial services, account for the majority of economic output. Luxembourg is the world's second largest investment fund center (after the United States), the most important private banking center in the Eurozone and a prominent place for listing bonds.

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Luxembourg has a wide range of business sectors, particularly steel, chemical, plastics and synthetic materials, textiles, engineering, mechanical construction, industrial machinery, processing of ferrous and non-ferrous metals, car industry, precision instruments, electronic supplies and glass production.

The event provided an excellent opportunity to the members to interact and understand the bilateral trade between India and Luxembourg.

 

Press news for 21st June 2013:
21-06-13 - Amar Ujala-Jalandhar
21-06-13 - Daily Ludhiana- Luxembourg best place for investment
21-06-13 - Dainik Bhaskar - Ludhiana
21-06-13 - Dainik Jagran - Ludhiana
21-06-13 - Dainik Savera -Jalandhar
21-06-13 - HT Live - Luxembourg ambassador invites city industrialists
21-06-13 - The Financial World - Envoy woos Ludhiana industrialists to invest in Luxembourg 
21-06-13 - The Tribune - Luxembourg perfect destination for investors
21-06-13 - Rozana Ajit Newpaper - Jalandhar

Press news for 22nd June 2013:
22-06-13 - Daily Post - Luxembourg can be a passport to Europe
22-06-13 - Dainik Bhaskar - Jalandhar
22-06-13 - Dainik Jagran - Jalandhar
22-06-13 - HT Jalandhar - Luxembourg ambassador woos Jalandhar industry
22-06-13 - Punjabi Jagran - Jalandhar