Mr. Michael Hasper, Consul General of the Federal Republic of Germany in Chennai, recently visited Sri City wherein he was briefed by Dr. Ravindra Sannareddy, Managing Director, Sri City on the world-class infrastructure.
Dr Sannareddy remarked that Sri City has emerged as one of India’s premier investment destinations, offering the ideal platform for global investors.
“German companies such as Bell Flavors & Fragrances, Knauf, and Kankyo Bert are already thriving here” noted Mr Sannareddy.
He expressed confidence that the Consul General’s visit would pave the way for further German investments, noting that Sri City’s ecosystem blends India’s industrial potential with Germany’s engineering expertise.
Mr. Hasper was briefed on Sri City’s integrated ecosystem, strategic location, modern infrastructure and investor-oriented services.
As per Sri City the briefing also covered incentives offered by the Government of India, including tax benefits, subsidies and sector-specific schemes, as well as the investor-friendly initiatives of the Government of Andhra Pradesh.
These include sector-specific incentives, fast-track approvals driven by the State’s ‘3S policy—Speed, Stability and Service’, aimed at positioning it as India’s preferred destination for cost-effective, efficient and expedited manufacturing, along with comprehensive skill-development programmes.
Impressed by Sri City’s planned layout, advanced infrastructure, and business‑friendly ecosystem, Mr. Hasper thanked the Managing Director and described it as a global model attracting German investments.
He emphasized Germany’s role as a key trading partner, noting India’s expanding market and supportive policies create vast opportunities. He highlighted collaboration beyond manufacturing, particularly in education and skill development, as promising avenues for Indo‑German partnership.
As part of his visit, Mr. Hasper toured key facilities across Sri City and visited the production plant of Knauf, where he interacted with the company’s on-ground teams.
