Indian Pavilion to be highlighted at EBTF 2001

Messe Frankfrt GmbH, the world's leading trade fair organizer, announced that the the European Banking Technology Fair 2001 (EBTF) would host a special 'Indian Pavilion'. Twenty Blue Chip Indian IT companies would participate at the European Banking Technology Fair 2001, showcasing their strenghts in the Banking and Financial Sectors with solutions for Online Banking, Online Security,

eCRM, etc.

This fair will make software bridges between Germany and India grow stronger with the Indian Pavilion showcasing the IT at the European Banking Technology Fair 2001 (EBTF), which will be held at Frankfurt, Germany from 30th October to 1st November 2001.

Within a short duration of three years, the EBTF has become the hotspot for the industry, with over 430 high profile exhibitors and over 7,400 trade visitors from all related sectors in the year 2000. the fair will also witness top quality workshops and training sessions by various experts from the industry.

"In the information age, technologies and markets are global. The Indian Pavilion is a showcase of Messe Frankfurt's determination to highlight emerging business paradigms. The positioning of the fair will provide a first mover advantage to companies to bag international orders and showcase their inherited strength", commented Thomas Scheutz, MD, Messe Frankfurt Ausstellungen GmbH.

"With the recent IT slowdown in the US, all eyes are focussed towards Europe. And with the explosion of online banking coupled with the shortfall of skilled IT workers in the region, Germany is welcoming Indian software solutions in a bigger way. EBTF will provide a specialized and comprehensive platform for decision makers from the Bankin and the Financial Sectors", said Shammi Nagpal, MD, Messe Frankfurt India.

In its endeavor to compete with the US, Germany as an international financial center needs this fair to take advantage of the time factor.

Keeping in line with India's target of notching up $ 50 billion software exports by 2008 and generating employment of 2.2m in the software sector, it is necessary to tap new emerging markets in Europe. EBTF will offer the right solutions for Indian Companies wanting to expand their presence in India.