Germany Supports for High-Speed Railway in India’s Smart Cities

As per the latest news, Germany has offered support to India for the development of the high-speed railway, smart cities, and renewable energy. A Senior Official said that Germany wants to support India.

Uwe Beckmeyer said “Germany’s economy and exports are on a good path. We need to strengthen our business abroad,”. A fresh stimulus for tenders for major international projects is inaugurated by Parliamentary State Secretary of Germany.
Recently, there are almost 1,700 German companies present in India. However, the limit and the form of support will depend on the project. The minister said that the development of harbor facility is also an area of interest for the European Country. Besides, he also said that the terms of project financing will depend on the individual project.
source: http://economictimes.indiatimes.com/news/economy/infrastructure/germany-offers-support-to-india-for-high-speed-rail-smart-cities/articleshow/55840634.cms

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