LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Business News » India News

'AI services to help boost India-Denmark ties'

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
Updated: Sun, Sep 17, 2017
02:19 pm
PTI
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

Air India starting direct flight to the Danish capital will help boost business and trade ties between the two countries, India's Ambassador designate to Denmark Ajit Gupte said.

The national carrier's inaugural flight from New Delhi to the city, carrying more than 200 people, landed yesterday. It was operated by an all-women crew, with commander Rupali Waghmare describing the flight as "very exciting".

In the words of Air India CMD Rajiv Bansal, the flight -- which would be operated thrice a week -- is connecting the "Mermaid with the Maharaja".

"The bilateral ties between India and Denmark were affected to a large extent by the Kim Davy issue. There has not been much of progress in the last few years. So this (Air India flight) is a very important positive step towards normalising. It is a very important move," Gupte told reporters here on Saturday.

However, he quickly added: "See I don't want to link the flights with the ties. It is a very positive step which will encourage the movement of people."

In January this year, Prime Minister Narendra Modi had asked Denmark to extend full support in the extradition of Purulia arms drop case accused Kim Davy, taking into account India's "sensitivities".

India has sought extradition of Niels Holck aka Kim Davy, an accused in the 21-year-old Purulia arms drop case.

Gupte also said direct flight service would help with the economic and people to people ties between the two countries.

He was speaking on the sidelines of a function to mark the landing of the Air India flight at the airport here.

When asked whether he sees more growth in bilateral trade, Gupte replied in the affirmative.

"As the investments grow, as the two way flow of businessmen increases and there is a signal that is sent out that relations have normalised, we expect trade also to expand... It was around USD 2.8 billion (in 2016) now and lets see if we can cross USD 3 billion," he added.

Even though Denmark is a small country, it has a very high GDP of about USD 360 billion and it is almost 20 per cent of India's GDP even though the population is only 5.6 million, Gupte said.

"They have also invested a lot in India. About 130 Danish companies have invested about USD 5 billion. If you take the Danish statistics, they have invested about USD 6.4 billion.

Even a big country like Germany had invested about USD 10 billion. So if Denmark as a small neighbour has invested about USD 6.4 billion despite the political issues, that is a very positive sign," he said.

Danish companies have presence in infrastructure and services, among other sectors, in India. Indian IT companies, including TCS and Tech Mahindra, have significant presence in Denmark.

On Saturday, Bansal said Copenhagen is the 11th destination in Europe for Air India and it is "connecting the Mermaid with the Maharaja", adding that he was looking forward for good passenger load.

The iconic 'Little Mermaid' statue in Copenhagen is one of the city's most famous monuments. The bronze structure sits on a rock by waterside in the city and represents a famous character from a fairy tale written by Danish author Hans Christian Andersen.

According to Air India's Director (Commercial) Pankaj Srivastava, the inaugural flight had good cargo load.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Economy
RELATED NEWS
Expert Views: BIG! India's retail inflation eases to 4.59% in December Expert Views: BIG! India's retail inflation eases to 4.59% in December
Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands Budget 2021 Expectations – HOME BUYERS to benefit if Govt accepts this demand; JLL CEO lists following demands
Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED Jobs, land prices, Covid-19 vaccine, rural India, household savings, NBFCs, banks, consumption, capex - Positives and Negatives | EXPLAINED
Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED    Economy, markets, FIIs, chemicals, IT and Pharma - Make money, as India powers to new highs | EXPLAINED
Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY! Setback for China – Trend reversing in favour of India; SFI lands big blow! Know here WHY!

LATEST NEWS

Budget Stock Picks With Anil Singhvi: This insurance company is market expert Sudip Bandyopadhyay’s top pick

SBI, HDFC Bank, ICICI Bank, Axis Bank to Yes Bank, Maruti Suzuki car finance facility launched; bring home your dream car easily now

Market Guru in talk with RJ Salil Acharya of Radio City: People Can buy IT shares when there is a correction

Budget 2021 Stocks With Anil Singhvi - Prataap Snacks is a stock to buy, says Market Guru; popular brands are Yellow Diamond, Rich Feast and Avadh Snacks

Mid-cap Stock Picks With Anil Singhvi: Buy IRCTC, Trident and Speciality Restaurants shares for good returns

ICICI Bank credit card, debit card holders delight! Get discount up to 50% on essential and luxury items | check details

Citi on Mutual Funds: UTI AMC is top pick; sector may deliver Healthy (15%) AUM / profit growth likely

Samsung Galaxy 21, Galaxy S21+ and Galaxy S21 Ultra launched | Check Price, Camera, Specifications, Pre-booking and Cashback offers

Exclusive: Tread with caution in 2021, expert Mehraboon Irani tells investors; reveals his favourate stocks, budget expectations to Anil Singhvi

Cinderella of the job world offer! Wear slippers, get paid Rs 4 lakh - This company has 2 vacancies for Slipper Tester

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved