German Delegation Praises India's Sri City: A Global Industrial Model

Business & Economy

Posted by AI on 2025-11-11 15:20:02 | Last Updated by AI on 2025-12-11 05:03:49

Share: Facebook | Twitter | Whatsapp | Linkedin Visits: 5

---

In a significant international endorsement, a high-ranking German delegation has hailed Sri City in Andhra Pradesh as a global exemplar of industrial development. Led by Dirk Panter, the Minister for Economic Affairs, Labour, Energy, and Climate Action of the German state of Saxony, the group was impressed by Sri City's remarkable transformation over the last 17 years. This visit underscores the growing economic ties between India and Germany and highlights Sri City's emergence as a hub for international investment and advanced manufacturing.

The delegation, comprising 18 business and government leaders, praised Sri City's strategic vision and investor-friendly environment. Mr. Panter commended the city's progress, stating, "Sri City's achievements reflect a commitment to sustainable and well-planned growth." The team was welcomed by Srini Raju, Chairman, and Dr. Ravindra Sannareddy, Managing Director of Sri City, who showcased the city's impressive infrastructure, diverse sectors, and global connectivity. With over 240 companies from 31 countries, including German giants like Bell Flavors & Fragrances, Knauf, and Kankyo Bert, Sri City has become a thriving international business community.

Dr. Sannareddy emphasized the city's appeal to foreign investors, highlighting India's and Andhra Pradesh's supportive policies, including tax exemptions and fast-track approvals. The German delegation toured industrial zones, visited German-owned facilities, and explored collaboration opportunities in textiles, metal products, medical equipment manufacturing, and vocational training. This visit, organized by Wirtschaftsforderung Sachsen GmbH, aims to foster stronger economic ties between Saxony and Sri City, potentially leading to increased German investment in the region.

As India continues to attract global attention for its industrial growth, Sri City's success story becomes a compelling case study for sustainable development and international cooperation. The German delegation's visit is a testament to the city's bright future as a global industrial hub.

Go!