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"India and Austria established bilateral diplomatic relations back in 1949. During the Cold War period both countries positioned themselves voluntarily between East and West - Austria by declaring its neutrality and India by founding the Non-Aligned Movement - which made them natural allies on the world scene. This led to a first strengthening of bilateral ties that culminated in the close personal friendship between the Indian Prime Minister Indira Gandhi and the Austrian Federal Chancellor Bruno Kreisky. Today bilateral relations have become multi-facetted, including advocacy for a strong and efficient multilateral system, in particular the United Nations, economic and trade relations, tourism as well as culture. More than 150 Austrian companies have established subsidiaries or joint ventures in India, the trade volume between the two countries has increased to almost € 2 billion per year and over 200,000 Indian tourists visited Austria in 2018. These developments are accompanied by high-level visits in India, such as Foreign Minister Karin Kneissl in February 2019"
-H.E. Ms Brigitte Öppinger-Walchshofer (Ambassador of Austria to India)
For many decades now, India has been an important partner for Austria not only in political and cultural affairs, but also in business terms. Bilateral business relations have developed dynamically, especially over the last two decades, but there is still huge potential to further develop economical and business relations between our two countries. Austria offers world-class products and technologies across many different sectors and can complement India's need in developing and upgrading its industries and infrastructure, especially in the framework of the "Make in India" campaign. Austria possesses expertise in niche areas like environmental protection technologies, high-tech machinery and industrial equipment or civil engineering - among many other sectorsâ€”and we encourage India to even make more use of Austrian Know How than today.
-Mr Oskar Andesner, Commercial Counsellor, Austrian Embassy in India