Hyderabad, Oct.5 (NSS): Chakravarthi AVPS, Hyderabad’s industrialist and Pharmaceutical Packaging expert was elected as president of INBA H-India-Netherlands Business Association. Kiran Madhunapantula and COO, coMakeIT, a leading software products development company is selected as its Chairman Emeritus in the 2018 AGM of the association held in Hyderabad on Friday. The newly elected team comprises Chakravarthi as president, K Srihari as secretary, Sashikant as vice-president.
INBA is a trade body that works to improve bilateral trade between India and the Netherlands. Few inspired Indians and Dutch nationals started the national organization. They aimed to support Dutch business in the region and Indian industry from this region to and with the Netherlands. The CEO and Managing Director of city-based Ecobliss India, Chakravarthi, responding on his election says INBA AP & TS Chapter aims to strengthen the bilateral ties between the two countries by facilitating mutually profitable business relationships.
The Netherlands remains among the top 10 partners of India regarding trade volume, he added. The Hyderabad Chapter of INBA which is responsible for the states of Andhra Pradesh and Telangana has around 20 member companies and participation of around 50 companies which have some Dutch connection. Going by the interest generated with the Indo Dutch ties, Chakravarthi said the membership will be increased substantially in the coming years. INBA H has the distinction of playing an active role in leading trade delegations of Indo Dutch companies for discussions with chief ministers of both the states in the past he added. (NSS)