Austria is a significant investor in India with cumulative Foreign Direct Investment of EUR 762 million as of 2024, while Indian investment in Austria has reached EUR 1.212 billion, reflecting strong bilateral economic integration and Austrian companies' confidence in Indian market as well as Indian companies' interest in European markets. Over 150 branches of Austrian companies operate in India across diverse sectors including machinery and engineering (Andritz provides machinery for pulp and paper, hydropower, and other industries with significant Indian operations; Austria's precision engineering companies supply Indian manufacturing), energy and utilities (OMV has explored opportunities in India's oil and gas sector), ropeways and cable cars (Doppelmayr, world leader in ropeway systems, has installed cable car systems in Indian tourist and pilgrimage destinations), specialty materials (Plansee Group provides high-performance materials and components), textiles and fibers (Lenzing Group operates in India's textile and fiber sector), construction and lifting equipment (Palfinger provides hydraulic lifting and loading solutions), environmental technology (Austrian companies in water treatment, waste management, recycling), renewable energy (Austrian expertise in hydropower, solar, biomass energy), consulting and services, and emerging technology sectors. The India-Austria Startup Bridge launched in February 2024 creates framework for innovation and entrepreneurship collaboration, connecting Indian and Austrian startups, facilitating technology transfer, supporting market entry, and enabling joint R&D projects. India offers attractive opportunities for Austrian investors in manufacturing (aligned with 'Make in India' initiative - machinery, automotive components, precision engineering), renewable energy and green hydrogen (solar, wind, hydropower, green hydrogen - areas where Austrian technology leadership and India's ambitious targets align), e-mobility and electric vehicles (India's EV transition creating opportunities for Austrian automotive technology and battery solutions), infrastructure (metro systems, railways, urban infrastructure, ropeways for tourism and urban mobility - Austrian engineering expertise), environmental technology and circular economy (water treatment, waste management, recycling, air quality - Austria's environmental technology excellence and India's infrastructure needs), semiconductors and electronics manufacturing (India's semiconductor manufacturing ambitions under PLI schemes), fintech and digital payments (Austrian fintech companies interested in India's digital payment revolution), healthcare and medical technology (Austrian medical device companies and India's growing healthcare market), food processing and agribusiness (Austrian food processing technology and India's agriculture and food industry), smart cities and urban solutions (Austrian expertise in sustainable urban development, energy efficiency, smart infrastructure), and innovation and R&D (Austrian companies establishing capability centers in India to leverage Indian digital talent). The embassy facilitates connections between Austrian and Indian business entities through its economic section. Advantage Austria (Austrian Federal Economic Chamber's trade promotion organization) supports Austrian companies investing in India. Major Austrian investments are concentrated in Mumbai (financial services, trading, regional headquarters), Delhi NCR (headquarters, manufacturing), Pune (manufacturing, automotive, engineering), Bangalore (R&D, innovation centers, technology), and other industrial hubs. Prime Minister Modi's visit to Austria in July 2024 and agreements on economic cooperation provide additional impetus for Austrian investment in India, particularly in emerging technology sectors including semiconductors, e-mobility, renewable energy, and innovation. Austria's technological leadership in precision engineering, environmental technology, renewable energy, and India's large market, skilled workforce, competitive manufacturing, and improving ease of doing business create attractive opportunities for bilateral investment and technology partnerships.