Latest news with #PeggyFrantzen
New Indian Express
01-08-2025
- Business
- New Indian Express
VCL India to set up valve manufacturing unit in Odisha
BHUBANESWAR: Ambassador of Luxembourg to India Peggy Frantzen hailed Odisha as one of the most investor-friendly states in the country with huge potential for industrial growth and global partnerships. Speaking at the inauguration of the corporate office of VCL India Pvt Ltd here on Wednesday, Frantzen said the long-term partnership and cooperation in the steel sector, which started nearly 100 years ago, have been strengthened through VCL's presence in India. The VCL India Pvt Ltd is the Indian arm of the Luxembourg-based VCL Group, a market leader in Europe for specialised valves and equipment for the global iron and steel industry. It plans to expand its domestic operations and set up a manufacturing unit in the state in next two to three years. Additional chief secretary of Industries and I&PR Hemant Sharma briefed the visiting dignitaries on the state's evolving industrial profile and investment-friendly policies. He welcomed VCL's entry into Odisha as a part of the state government's focus on attracting FDI. 'Odisha offers a compelling proposition for investors. This investment signifies the deepening economic ties between India and Luxembourg. It reflects Odisha's growing stature as a preferred destination for global investments,' Sharma said. Chairman of VCL SA and CEO of SAB Group Mario Kratz said the decision to set up operations in Bhubaneswar was driven by the company's desire to stay close to its customers and contribute to the state's vibrant industrial landscape. Director of VCL India Aswini Khuntia said the company combines advanced engineering with precision manufacturing and it looks forward to replicating the same excellence in India. 'We are committed to delivering value to our clients, forging strong local collaborations and contributing to Odisha's industrial development,' he said. VCL's managing director and global head Rainer Zilliken and consul of the Grand Duchy of Luxembourg in India Rajat Dalmia were also present along with representatives from industry bodies including CII, FICCI, UCCI and ASSOCHAM.
Time of India
22-06-2025
- Business
- Time of India
Delhi raises a toast to Grand Duke Henri of Luxembourg
Ambassador of Luxembourg Peggy Frantzen with chief guest Tanmaya Lal, Secretary (West), MEA A gathering of diplomats and friends of the Embassy of Luxembourg came together at The Imperial, New Delhi, to celebrate the National Day of Luxembourg. The evening was filled with stimulating conversations and camaraderie over fine food and drinks. Celebrated to mark the official birthday of the Grand Duke of Luxembourg, the National Day reception began on a ceremonial note with the playing of the national anthems of both nations. Relationship of steel In her welcome address, Ambassador Peggy Frantzen said, "The National Day celebrations of 2025 are special, as it is the last one under the current head of state, Grand Duke Henri. This year also marks the completion of his 25 years of reign." Adding, she said, "I hope more people get to know about the friendly and amicable long-time relationship between India and Luxembourg. Cultural ties are evolving, with many artists travelling to showcase their talents, thereby strengthening people-to-people links. Our cooperation in the steel sector started over a 100 years ago and remains an important link and strong base of the India-Luxembourg relationship." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Giao dịch vàng CFDs với sàn môi giới tin cậy IC Markets Tìm hiểu thêm Undo Ambassador of European Union Hervé Delphin and Ambassador of Ireland Kevin Kelly Tanmaya Lal, Secretary (West), Ministry of External Affairs, who was the chief guest, said, "We send our warmest greetings to His Royal Highness and the people of Luxembourg. From the steel sector, which has been a core strength for a long time, our relationship with Luxembourg has expanded in investment and manufacturing in the fields of IT, fintech, and space. Culturally, with a large population of Indians in Luxembourg, many Indian festivals are celebrated there enthusiastically. " German Ambassador Philipp Ackermann and Swiss Ambassador Maya Tissafi Both the Ambassador and the chief guest remembered the late modernist artist Amarnath Sehgal, who played a pivotal role in cementing the artistic linkages and "promoting cultural understanding" between the two countries. VN Dalmia with the Ambassador of Japan ONO Keiichi As guests mingled, conversations ranged from art and culture to outer space, with many talking about the traditional savoury pie, Rieslingspaschtéit, that was served to the guests. Traditional rieslingspaschtéit and one of Amarnath Sehgal's sculptors On a lighter note, the Ambassador said that she is thankful that this summer in Delhi was a bearable one. "Compared to last summer, it was better this year. I am glad I can go out more and enjoy my walks in Lodhi Garden." Ukrainian Ambassador Dr. Oleksandr Polishchuk and Ambassador of Estonia Marje Luup
