751-Sabar Institute Of Management, Tajpur - Gujarat Technological ...

Indian Glass Industry Trade with Germany
Kolkata based Hindustan National Glass & Industries (HNG), has bought a German company,
Agenda Glass, (AG) for an un-revealed amount. HNG is India’s largest maker of glass containers
and has a total share of 55% in the market. The new company has been renamed as HNG Global
GmbH. The deal was signed this May11, 2011. Saxony Anhalt will continue to be the main
centre for glass production in Germany, as ensured by HNG. HNG can benefit from the
"excellent conditions" available as high quality raw materials and modern infrastructure.
Items of German Exports to India:
Important items of German Exports to India are like machinery, electro technology as well as
plants and metal products followed by aircraft, measurement and control equipment, plastics and
plastic products, chemicals and pharmaceuticals and automobile products and components. Of
these machinery exports to India comprises one third share of total German Exports to India.
German Foreign investments Exports to India:
India is a lucrative center for foreign investors and in terms of foreign investments, German
Exports to India in total from 1991 to December 2005 has been less than one and a half billion
dollars. At present there are more than 600 German companies operating in India and a robust
German export of investments to India have been in practice.
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