A delegation of 15 members comprising of Indian government and industry representatives met with Arunjai Mittal, Member of the Management Board of Infineon Technologies AG.
Neubiberg, Germany – September 18, 2014 – Led by Mr.Ravi Shankar Prasad, Indian Minister for Communication and Information Technology, a delegation of 15 members comprising of Indian government and industry representatives met with Arunjai Mittal, Member of the Management Board of Infineon Technologies AG.
The visit emphasized the Indian government’s interest in the products and development activities of Infineon. Major infrastructure measures such as the expansion of the power network, construction of high-speed rail connections and the introduction of secure personal documents inevitably results in mutual points of interest. The delegation listened attentively to Mr. Mittal’s presentations, which described Infineon’s technology leadership in power electronics and security applications.
In response, Minister Mr.Ravi Shankar Prasad described the positive investment conditions to be found in India, emphasized India’s constant market growth and appealed for Infineon investments in India. He pointed out that the recent formation of a government under Prime Minister Modi will result in new opportunities, adding that basic conditions in India are much better than those found in neighboring countries.
Mr. Mittal gratefully accepted the invitation to a return visit to India. Infineon will remain in dialog with the government of India.
