India in Austria | Indians in Vienna | Bilateral Relations

Austria and India - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism

R&D Expenses on the Rise

The largest Austrian Enterprises increased their budgets for research & development by 9.6% on average. This is slightly beyond the global average (9.3%).

October 24, 2011

State Visit: "Huge Potential for Austrian Companies in India"

The Indian President Shrimati Patil absolved a state visit in Austria and met the Austrian President Heinz Fischer and the head of the Austrian Economic Chamber, Christoph Leitl.

October 8, 2011

Kovats Blames Creditors and Penta

Mirko Kovats, CEO of the A-Tec group, makes the Czech investment group Penta and the banks responsible for the failed restructuring plan

October 4, 2011

Intercell Successfully Completes Vaccine Study in India

The Austrian biotech company achieved an important step in the licensure process of a vaccine for children.

September 16, 2011

KTM Achieves Strong Growth

The Austrian motorcycle manufacturer reported a positive development in the first half of 2011. Turnover increased by 24%; EBIT went up 18%.

July 28, 2011

Indian Motherson Sumi to Acquire Peguform from Cross Industries

The Austrian industrial holding company found a buyer for the automotive component supplier which had been separated from the Polytec Group in 2009.

July 13, 2011

Lenzing: Demand is Greater than Capacity

The Upper Austrian pulp producer finds it difficult to cope with the growing demand. Further works are planned.

March 15, 2011

AE&E Quota only 5%

The largest division of the insolvent Austrian technology group A-Tec is likely to offer only very little to its creditors.

February 17, 2011

Red Bull Intends to Double Sales

The Austrian energy drink producer plans a period of strong growth for the next eight years.

February 15, 2011

Magna Pushes its Presence in Emerging Markets

The Austrian-Canadian automotive supplier intends to expand its international presence in the BRIC countries.

February 12, 2011

Four Major Orders for Andritz

The Austrian Andritz Hydro receives international orders to equip four hydropower plants. The contract value is € 80m.

February 4, 2011

Miba Enters into a Joint Venture in India

The Austrian Miba Sinter Group expands its global network with a sintered components manufacturing facility in India.

February 2, 2011

A-Tec Sells AE&E India

The insolvent Austrian group belonging to Mirko Kovats is being gradually separated from its stakes. AE&E India goes to the Korean Doosan.

January 19, 2011

Rapid Increase in Exports to Emerging Markets

The Austrian export economy can benefit massively from the solid demand from Asian and South American emerging markets.

January 12, 2011

S&T: New Investors in Sight

S&T, the software company undergoing massive difficulties located in Austria might get an Indian investor soon.

January 7, 2011

Voestalpine: Doubling of Sales in Five Years

By 2015, the Chairman of the Board of the Austrian steel group, Wolfgang Eder, intends to achieve sales over € 15b billion through expansions.

December 6, 2010

India: New Promising Market for Austrian Supply Industry

Car sales in India rise steadily by 30%. Indian vehicle and component manufacturers are increasingly showing interest in foreign technology.

November 23, 2010

Magna: Fight for Pininfarina Car Designer

Magna is interested in buying the renowned car body manufacturer and designer Pininfarina, but Indians and Chinese also have purchase intentions.

November 18, 2010

Plansee expands into India and China

Despite the decline in sales, the Tyrolean company Plansee expands into Asia.

September 13, 2010

Voestalpine back in black

The Austrian steel company Voestalpine has benefited from strong economic recovery in the first quarter of 2010/11 and has by far exceeded earnings expectations of analysts.

August 20, 2010

AT&S to shift gears

The expansion in China and India as a driver for the circuit board manufacturer.

July 22, 2010

Siemens VAI Expands in China and India

Upper Austrian Siemens VAI wants to radically expand its activities in China and India.

May 25, 2010