ACKNOWLEDGEMENTS

We would like to express our heartfelt gratitude all those who helped us
making this project possible.
1. Mr. Ashutosh Kumar Delegation of uropean !nion.
". Ms. #itika $M%& !ni'ersit( of Delhi.
). Austrian *rade %ommission.
+. Austrian mbass(.
,. scorts librar(& -.D %hambers of %ommerce.
/ast but not the least all our friends and colleagues who ha'e been
instrumental in contributing to the completion of this project.

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1
CONTENTS
PAGE NOS.
1. COUNTRY PROFILE 3-7
AUSTRIA (3-5)
INDIA (6-7)
2. AUSTRIA-FACTS AND FIGURES 8-35
INTRODUCING AUSTRIA (8-2)
STATISTICAL SUR!EY (21-31)
AUSTRIA " EU (32-35)
3. INDO-AUSTRIAN TRADE RELATIONS 36-#
#. CONCLUSIONS #1-#8
5. $USINESS OPPORTUNITIES #%-52
6. $I$LOGRAP&Y 53-53

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"
A $RIEF COUNTRY PROFILE ' AUSTRIA
2fficial 1ame 8 #epublic of Austria
%apital 8 7ienna
Area 8 9)&9,9 s:. km; )"&)<9 s:. miles
-opulation 8 =&=>,&=9< ?1>>1@
9.A< million ?estimated for 1>><@
Densit( of population 8 ><." per s:. km. ?1>><@
2fficial /anguage 8 Berman
-ro'inces 8 Curgen /and& %arinthia& /ower Austria& !pper Austria&
*irol& 7orarlberg& 7ienna& 4alDburg -ro'ince and 4t(ria&
Major %ities 8 7ienna& BraD& /inD& 0nnsbruck& insenstadt& 4alDburg&
CrengenD Klagenfurt& and 4t. -oelton.
%urrenc( 8 Austrian 4chilling ?A*4@
1 A*4 E 1AA Broschen
xchange #ate 8 1 !4F E A*4 1".= ?6C G>=@
A'erage Annual 8 )."H ?1>9,3>,@
0nflation #ate 1.+H ?1>>=@
Bross Domestic -roduct 8 !4F "))&+"= Million ?1>>,@

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)
Annual A'erage Browth 8 1.>H ?1>>A3>,@
#ate of BD- 1.)H ?1>><@
BD- of 2rigin 8 Agriculture "H
0ndustr( ),H
4er'ices <)H
Major %rops 8 Wheat& Carle(& 2il 4eeds& 4ugar Ceet& MaiDe and Wine.
1atural and Mineral 8 0ron& /ead& Iinc 2res& 4alt& Braphite& %oal& B(psum
#esources and Magnetite.
Major 0ndustries 8 4teel& *extiles& lectronics& %hemicals& 7ehicles and
*ourism.
Merchandise exports 8 !4 F ,A."> billion ?1>><@.
Merchandise imports 8 !4 F ,9.== billion ?1>><@.
*rade Calance 8 ?3@ !4 F 9.+9 billion ?1>><@.
?3@ !4 F <.>A billion ?2ctober 1>><34eptember& 1>>=@.
*rade as a H of BD- 8 ==H ?1>>,@.
xports 8 !4 F 1A<&+=+ Million ?1>>,@.
0mports 8 !4 F 11A&A9, Million ?1>>,@.
%urrent Account Calance 8 ?3@ !4 F ,&11) Million ?1>>,@.

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
+
?3@ !4 F <.AA billion ?December1>>,31o'ember 1>>=@.
-rincipal exports 8 Machiner( and *ransport :uipment& %hemicals&
Manufactured Boods& -lastics and -harmaceutical.
-rincipal 0mports 8 Mineral 6uels& %hemicals& Machiner(& 6ood 4tuff and
%onsumer Durables.
Major trading partners 8 ! ?Berman(& 6rance& *he !nited Kingdom& and
0tal(@&
4witDerland and astern urope.
Bross foreign exchange 8 !4 F 1>.> billion ?1o'ember1>>=@.
#eser'es
*otal xternal Debt 8 !4 F 1)A billion ?1>><@.
Austria mbass( in 0ndia 8 E()*++, -. A/+012*
p31)& %handra Bupta Marg&
%hanak(a -uri& 1ew Delhi 11AA"1
*el 8 <99>A,AJA+>JA)>JA)=
6ax 8 ?K>1&11@ <99<>">
O..234 -. 054 T1*64 C-((2++2-741 A/+012*
1"3A Amrita 4hergill Marg& 1ew Delhi 11AAA)
*el 8 +<19)>,J>=J+<>A9<=
*lx 8 )1<"",>
6ax 8 +<19=+"

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,
A $RIEF COUNTRY PROFILE ' INDIA
2fficial 1ame 8 #epublic of 0ndia
%apital 8 1ew Delhi
Area 8 )&"9=&"<) s:. km; 1&"<>&"1> s:. miles
-opulation 8 9+<&)A"&<99 ?1>>1@
>)<&AAA&AAA ?stimated 1>><@
2fficial /anguage 8 .indi.
4tates 8 Andhra -radesh& Arunachal -radesh& Assam& Cihar& Boa&
Bujarat& .ar(ana& .imachal -radesh& $ammu and
Kashmir& Karnataka& Madh(a -radesh& Maharashtra&
Manipur& Meghala(a& MiDoram& 1agaland& 2rissa& -unjab&
#ajasthan& 4ikkim& *amil 1adu& *ripura& Kerala& !ttar
-radesh and West Cengal.
Major %ities 8 1ew Delhi& %alcutta& %hennai& Mumbai& Cangalore&
.(derabad& Ahmedabad& $aipur& %handigarh.
6lag 8 *hree horiDontal stripes of saffron& white and green& with
the Wheel of Ashoka in the centre of white band is na'(
blue& which represent the %hakra.
/ife expectanc( at birth 8 <A (ears

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
<
/iterac( 8 ,"."1H
#eligion 8 .induism ?9"H@& 0slamic ?1".1H@& Cudhism ?A.=<H@&
%hristianism ?".)+H@& 4ikhism ?"H@& $ainism ?A.+H@
1ational Da( 8 "< $an J 1, Aug
*ime 8 K,)A BM*
-rincipal ri'ers 8 Banges ?Banga& Crahmaputra@& 4utlej& Lamuna& *apti&
Bodawari& Krishna.
%urrenc( 8 0ndian #upee
1 #upee E 1AA -aise
xchange #ate 8 1 !4F E #s. +).1A ?"+ March& 1>>>@
Bross 1ational -roduct 8 !4F )99.< Cillion ?1>>=3>9@
-er %apita B1- 8 !4F )+A
Bross Domestic -roduct 8 !4F )>+.9 Cillion ?1>>=3>9@
0ndian mbass( in Austria 8
mbass( of 0ndia 5 -ermanent Mission of 0ndia to the !1 offices in 7ienna&
Karntnerring "& A3 1A1A 7ienna&
*el 8 AA3+)313,A,9<<<3<> ?+ lines@
6ax 8 AA3+)313,A,>"1>
*lx 8 11)="1 01DM A.
3Mail 8 eoi'ienMmagnet.atrasin A1 M nep A1.iaea.or.at.

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=
INTRODUCING AUSTRIA
*he #epublic of Austria lies in %entral urope& bordered b( 4witDerland and
/iechtenstein to the west& b( Berman( and the %Dech republic to the north& b( .ungar(
and 4lo'akia to the east and b( 0tal( and 4lo'enia to the south. *he climate 'aries sharpl(
owing to great differences in ele'ation. *he mean annual temperature lies between =N%
and >N%. the population is >>H Berman speaking with small %roat and 4lo'ene speaking
minorities. *he majorit( of the inhabitants profess %hristianit(; about ==H are #oman
%atholics and about ,H are -rotestants.
*he national flag consists of three e:ual horiDontal stripes of #ed& White and #ed. *he
state flag has& in addition& the coat of arms ?a small shield& with horiDontal stripes of red
separated b( a white stripe& superimposed on a black eagle& wearing a golden crown and
holding a sickle and a hammer in its feet& with a broken chain between the legs@ in the
centre.
RECENT &ISTORY
Austria can look back on a long histor(. 4ince its first mention in the chronicles in the
(ear >>< the countr( has pla(ed a 'aried role in uropean affairs. Austria found itself
being ruled b( the .absburgs& 1apoleon& and finall( b( the Danube monarch( after
which the countr(Gs frontiers were laid down b( the peace treaties of 4t Bermain and the
first #epublic was proclaimed. After World War 00 Austria was occupied b( the allies&
until 1>,,& when b( 'irtue of the state treat( it regained its independence and became a
member of the uropean !nion in 1>>,.

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9
Austria is a parliamentar( democrac(. *he federal constitution& the state treat( with the
/aw of 1eutralit( and the treat( of accession to the ! form the political basis of the
#epublic of Austria.
*he head of state is the -resident& who holds office for a term of six (ears. .e is elected
directl( b( the people and ma( be re3elected once onl(. .is influence upon political
affairs is restricted. *he 1ationalrat ?1ational %ouncil@ and the Cundesrat ?6ederal
%ouncil@ 3 the two house of the Austrian parliament3are responsible for lawmaking and
form the central bod( of the s(stem of go'ernment. *he leader of the go'ernment is the
6ederal %hancellor. A pro'incial go'ernment headed b( a go'ernor administers each of
the nine federal pro'inces.
Austria is ruled b( a coalition go'ernment comprising the 4-2 ?OAustrian 4ocial
Democratic -art(@& which& being in the majorit(& appoints the chancellor and the 27-
?Austrian -eopleGs -art(@.
>).+H of the population are Austrian& <.<H are foreigners ?from the former Lugosla'ia&
*urke( and Berman(@. =9H are %atholics& ,H -rotestants and "H Muslims. *he a'erage
life expectanc( is =< (ears ?=).> for men and 9A." for women@& and the population growth
is A.,H.
T54 E3-7-(, -. A/+012*
0n $anuar( 1>>, Austria became a member of the uropean !nion& thus ac:uiring much
easier access to the uropean markets. 0t is one of the richest and most stable members of
the !. An industrial nation with a small domestic market& Austria is dependent to a high
degree on exports. As a result& foreign trade is oriented towards the countr(Gs uropean

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>
neighbours& some three3:uarters of it is being carried on with the ! nations. *he most
important trade partner is Berman(& followed b( 0tal( and 4witDerland.
A8123/90/14
Although onl( about 1>H of AustriaGs surface is co'ered b( arable land and "<H b(
grassland& "<=&AAA farms ?1>>+@ co'er AustriaGs food needs. Modern techni:ues of food
production ha'e led to a high le'el of self3sufficienc(. *he principal agricultural
production areas of Austria are located to the north of the Alps and along the banks of the
Danube to the plains of the eastern border areas.
About ),H of AustriaGs agriculture and forestr( is accounted for b( small3scale units ?)3
)A acres@; onl( ".)H are large scale units ?)AA acres or more@. 6arms are almost
exclusi'el( famil( run.
T54 276/+01, 27 A/+012* 2+ 62+012)/046 *+ (4702-746 )49-:;
!pper Austria ?iron& steel& chemical and mechanical engineering@& 4alDburg ?electrical
and paper industr(& nation wide ser'ices of the wholesale trade and transport& tourism@&
7oralberg ?textiles& clothing@& %arnithia ?wood and paper industr(& tourism@& 4t(ria ?iron
and steel industr(& processing industr(@ and *irol ?tourism& glass@.
*he most important industrial sectors are the food and be'erages industr(& mechanical
and structural engineering& chemical and auto industr( ?mainl( engines and
transmissions@ and the electrical and electronics industr(. *he majorit( of companies are
small or medium3siDe ?approx.9,H of the firms emplo( less than 1AA&onl( 1H emplo(
o'er 1&AAA persons@. *here are few large multinational Austrian companies. *ourism

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1A
pla(s a big role and a majorit( of 'isitors come from Berman(& the 1etherlands and Breat
Critain.
S41<234+
As a gatewa( to all parts of urope and the rest of the world Austria has de'eloped a
widel( di'ersified and efficient ser'ice sector. 0n 1>>+ a total of ,"&AAA trade firms
emplo(ed approximatel( ++A&AAA. *his figure includes both wholesale and retail trade as
well as domestic and import export trade.
""H of all trading firms are 1 person businesses& =AH emplo( upto 1A people& =H upto
,A and onl( 1H ha'e more than ,A emplo(ees.
Austria and especiall( 7ienna enjo( an excellent reputation as an east3west trading
centre& thanks to the expertise accumulated o'er the (ears. *he experience of trading
companies in barter trade and complex financing arrangements are essential to the
success of business transactions& e'en with toda(Gs open markets in astern urope.
S-32*9 :49.*14
4ocial insurance s(stem co'ers all wage earners and salaried emplo(ees& agricultural and
non3agricultural self3emplo(ed and dependants& regardless of nationalit(. *he co'erage is
compulsor( and pro'ides earnings related benefits in the e'ent of old age& in'alidit(&
death& sickness& maternit( and injuries at work. About >>H of the population is protected.
E6/3*02-7
*he central controlling bod( is the 6ederal Ministr( of ducation and %ultural Affairs.
.igher education and research are the responsibilit( of the 6ederal Ministr( of 4cience
and *ransport.

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11
ducation is free and compulsor( between the ages of < and 1, (ears. All children
undergo four (ears primar( education at a Wolksschule& after which the( choose between
two principle forms of secondar( education. *his ma( be .auptschule& which after four
(ears ma( be followed b( one of a 'ariet( of schools offering technical& 'ocational and
other specialised training& some of which pro'ide a :ualification for uni'ersit(.
Alternati'el( secondar( education ma( be obtained in an allgemein'ildende hPhere
schule& which pro'ides an eight (ear general education co'ering a wide range of subjects.
M4623*9 S41<234+
Bood medical care is widel( a'ailable. Medical insurance with supplemental o'erseas
co'erage is recommended.
IN!ESTMENT IN AUSTRIA
*he 0n'estment climate in Austria is fa'ourable for starting up and expanding business
relations. *he main ad'antages are8 full access to the european union market& well
established business ties with central and eastern europe& an excellent socio3political
climate& highl( skilled work force and a high standard of li'ing.
0nitial steps in starting a business8
1on3Austrian nationals intending to reside in Austria for longer than three months must
hold a residence 'isa.
Application for residence must be made at an Austrian mbass( or %onsulate outside of
Austria. All residents of Austria including foreign nationals must be registered with the

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1"
police. *his is done at the police station at the district of residence. -roof of registration is
a basic form of identification re:uired for most official transactions.
*he /egal existence of a business begins with its registration in the commercial register.
*he municipalit( forwards the registration materials to the 6ederal conomic %hamber.
A number of business acti'ities in Austria are regulated and re:uire that an application be
made for a business license. 'idence of proficienc( is re:uired for most businesses. 6or
business acti'ities& which do not re:uire proof of proficienc(& the business license is
granted automaticall( upon registration of the business.
T,=4+ -. C-(=*724+;
A 92(2046 92*)2920, 3-(=*7, (G()&) has to be formed b( atleast two shareholders. 1o
re:uirements for shareholders regarding citiDenship or residence appl(. *he minimum
share capital is ,AA&AAA A*4.
A G4741*9 P*10741+52= (O&G) consists of two or more indi'iduals or corporations both
with full liabilit(. *he 2.B is presented b( its partners and ma( ac:uire rights& real
estate& incur liabilities and be part( in a lawsuit.
L2(2046 P*10741+52=+ (KG) formed b( atleast one general partner with unlimited
liabilit( and atleast one limited partner whose liabilit( is limited b( his in'ested share.
*he general partner conducts the business.
A8473, A8144(470+
%ompanies wishing to sell directl( to Austrian end users& processors or retailers ma( find
it useful to a'ail themsel'es of the ser'ices of an Austrian trade agent. *he agent will act
in the name and at the expense of the exporter he represents but does not bu( an( goods

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1)
for himself. As highl( :ualified sale specialist& these agents ha'e an excellent reputation
with the Austrian econom(.
0t is recommended that the contractual arrangements between the exporter and the agent
be made in the form of a written agreement& stating the rights and obligations of the agent
on the basis of Austrian law.
M*1>40278
*he most common methods of importing goods into Austria is to sell through wholesale
import firms& man( of whom are engaged in both exports and imports. 0t is important to
know that the Austrian business code allows imports not onl( to wholesalers but also to
retailers.
Due to small market and the comparati'el( small :uantities to be ordered& imports from
o'erseas fre:uentl( are not done directl( but through an importer in another uropean
countr(. Although Austrian purchasing power is increasing& it ma( be difficult to sell
products for which the market has alread( reached a high degree of saturation and o'er
suppl(. *his ma( appl( in particular to such items as textiles and clothing& cleaning
products& cosmetics and toiletries. ntering the Austrian market in such areas of
competition will re:uire considerable efforts on the part of the exporter.
xporters of the consumers goods ma( find it useful to first carefull( stud( consumer
taste in the particular region& since there are differences in consumer preferences with
regard to colour and design between the eastern and the western part of Austria as well as
between the rural and urban regions.

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1+
A6<4102+278
1ewspapers and magaDines rank first among the ad'ertising media& taking in o'er ,AH of
total ad'ertising expenditures. AustriaGs principal newspapers include the conser'ati'e
and comprehensi'e QDie -resseR with a 4aturda( circulation of a 1+A&AAA& QDer
4tandardR a business oriented dail( with a 4aturda( circulation of a 1>1&AAA& and the
QKurierR& with a dail( circulation of about +,A&AAA.
AustriaGs two largest tabloid papers& the Q1eue Kronen Ieitung R and Q*Sglich AllesR&
both enjo( high circulation.
#adio and tele'ision are Austrian 4tate monopolies. *he Austrian broadcasting
corporation ?2#6@ operates two tele'ision channels and three radio stations with a
combined dail( audience of "., million. 1ews is prompt& comprehensi'e and straight
forward. *he blue Danube radio pro'ides nglish language programming.
Cillboard ad'ertising has remained a constant feature of Austrian marketing for man(
(ears. -osters are displa(ed in post offices& on phone booths& on transportation and other
motor 'ehicles& on outdoor pillars along public routes and other hea'il( fre:uented
places. Direct mail and commercial fliers are also increasingl( being used.
LEGAL INFORMATION
AustriaGs laws are embedded in a hierarchical s(stem& in which each categor( of law with
regard to 'alidit( is based on& and limited b(& the superior categor(. *he Austrian 6ederal
%onstitution stands at the top of this s(stem. $udgements b( Austrian courts do not ha'e&

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
1,
as opposed to the Critish or American legal s(stem& an( normati'e power be(ond the
parties of the disputes. $udgements are& howe'er& commonl( used in legal documents.
AustriaGs accession to the uropean !nion had far reaching conse:uences for its legal
s(stem. 0n order to safeguard homogeneous economic de'elopment within the !& a
common adaptation of the 'arious legal s(stems is indispensable. Mutual competence on
a national and ! le'el is applicable in health& consumer and en'ironmental protection&
*rans3uropean networks& research and de'elopments& the cohesion fund and social
polic( matters.
*he Austrian legal s(stem is based on the principle of a di'ision between legislati'e&
administrati'e and judicial powers. *here are three supreme courts. *he judicial courts
are orgainised into about "AA local courts& 1= pro'incial and district courts and + higher
pro'incial courts in 7ienna& BraD& 0nnsbruck and /inD.
P*0470+ R2850+? T1*64(*1>+ L*:; -atents rights are applicable on recent technical
in'entions that are based on in'enti'e research and are intended for commercial use.
P1-=1240*1, R2850+; #etention of title ?Qigentums'orbehaltR@ is broadl( regarded as the
most popular securit( in Austria. 0t does not re:uire disclosure.
I7+-9<473, L*:; *he in'ol'ed compan( itself or a creditor initiates either 0nsol'enc(
proceedings in Austria.
P1-346/1*9 L*:; A litigation case has to be presented in Austria in writing and in
addition orall( to the court.
A1)201*02-7; Austria signed the agreement on the acknowledgement and enforcement of
foreign arbitration decisions ?1ew Lork Agreement@.

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1<
E@35*784 C-701-9; the Austrian national bank ?A1C@ is in charge of foreign exchange
control which is considered as rather liberal. !suall( general permits are issued b( the
A1C. 1otifications are still necessar( in 'arious cases merel( for statistical purposes.
Within the uropean !nion free circulation of capital is in force and no restrictions are
applied there.
$USINESS TRA!ELLER IN AUSTRIA
2ffice hours
Cusiness and industr( 8 Monda( 6rida( 9 a.m. + p.m.
Canks 8 9 a.m. ) p.m.
4hops 8 Monda( 6rida( 9 a.m. < p.m.
4aturda( 9 a.m. 1 p.m.
the first 4aturda( in the month the shops ma( be open until , p.m.
*ime 8 %* ?BM* K " hours@.
I((281*02-7 R4A/214(470+
A residence longer than ) months re:uires a special residence permit. An alien who
wishes to accept emplo(ment must first obtain a work permit.

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
1=
TRANSPORT
AustriaGs international airports in 7ienna& BraD& /inD& 4alDburg& Klagefurt and 0nnsbruk
are operated b( a number of international airlines. Within Austria it is con'enient to use
the railwa( s(stem or rental cars& which are a'ailable at airports& hotels and agencies.
*he breakup of the transport s(stem is as follows 8
R*29:*,+
*he Austrian 6ederal #ailwa(s operate more than >AH of all the railwa( routes in
Austria. *here are ,&<AA kms of track and all main lines are electrified.
R-*6+
At )1 December 1>>) Austria had 1A<&)A= kms of classified roads& of which 1&,9= kms
were modern motorwa(s& ">) kms expresswa(s& >&>,, kms main roads& ")&+=" kms
secondar( roads and =1&AAA kms communal roads.
I79*76 W*041:*,+
*he Danube ?Donau@ is AustriaGs onl( na'igable ri'er. 0t enters Austria from Berman( at
-assau and flows into 4lo'akia near .ainburg. *he length of the Austrian section of the
ri'er is ),1 km. Danube barges carr( up to 1&9AA tons& but loading depends on the water
le'el& which 'aries considerabl( throughout the (ear. %argoes are chiefl( petroleum and
deri'aties& coal& coke& iron ore& iron& steel& timber and grain. *he #aine3Main3Danube
%anal opened in 1>>". A passenger ser'ice is maintained on the !pper 6anube and
between 7ienna and the Clack 4ea. -assenger ser'ices are also pro'ided on Codensee
?/ake %onstance@ and Wolfgangsee b( Austrian 6ederal #ailwa(s& ans on all the larger
Austrian lakes.

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19
C2<29 A<2*02-7
*he main international airport& at 4chwechat& near 7ienna& handled more than 9m.
passangers in 1>>,. *here are also international flights from 0nnsbruck& 4alDburg& BraD&
Klagenfurt and /inD& and internal flights between these cities.
T-/12+(
*ourism pla(s an important part in the Austrian econom(. .owe'er& receipts from the
sector& estimated at 1<1&AAm. 4chilling in 1>>1& ha'e declined during the 1>>As& and
stood at 1+9&",Am. 4chilling in 1>><. 0n 1>>< Austria recei'ed 1=.1&. foreign 'isitors
?compared with 1>.1m. 'isitors in 1>>"@. *he countr(Gs mountain scener( attracts
'isitors in both summer and winter& while 7iennna and 4alDburg& where internationall(3
renowned art festi'als are hels& are important cultural centres.
L48*9 &-926*,+ .-1 1%%%
1ew LearGs Da( 8 $anuar( 1
piphan( 8 $anuar( <
aster Monda( 8 April ,
/abour Da( 8 Ma( 1
Ascension Da( 8 Ma( 1)
Whit Monda( 8 Ma( "+
%orpus %hristi 8 $une )
Maria Ascension Da( 8 August 1,

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
1>
1ational Da( 8 2ctober "<
All 4aintGs Da( 8 1o'ember 1
0mmaculate %onception 8 December 9
%hristmas 8 December ", and "<
U+4./9 5270+ .-1 ,-/1 +0*, 27 A/+012*
T2==278; 1AH for waiters& taxi etc.
!-90*84; ""A7J ,A c(cles
A<41*84 D*29, E@=47+4+; 4tarting from approximatel( A*4 )AAA per da(& according to
the hotel.

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
"A
STATISTICAL SUR!EY
TA$LE ' 1
1ational Accounts ?TAAA million 4chilling at current prices@
1ational 0ncome and -roduct
1>>+ 1>>, 1>><
%ompensation of emplo(ees 1&19>.A" 1&")A.=A 1&"++.>=
2perating surplusO +<".," +>9.91 ,)=.++
Domestic factor incomes 1&<,1.,+ 1&=">.,1 1&=9".+1
%onsumption of fixed capital "99.<> )A<.=9 )"+.=A
Bross domestic product at factor cost 1&>+A.") "&A)<."> "&1A=.11
0ndirect taxes ),<.<A )<=.)+ )9=.+<
/ess 4ubsidies ,=."1 <>."= =".>,
BD- in purchasersG 'alues "&")>.<" "&))+.)< "&+"1.<"
6actor income recei'ed from abroad 1A".1< 11,.), 1),.<>
/ess 6actor income paid abroad 11A.)> 1"".>= 1+).)A
Bross national product "&")1.)> "&)"<.=+ "&+1+.A1
/ess %onsumption of fixed capital "99.<> )A<.=9 )"+.=A
1ational income in market prices 1&>+".=A "&A1>.>< "&A9>.)1
2ther current transfers from abroad ").A9 "9.<, "9.=1
/ess 2ther current transfers paid abroad )1.)) )).>9 )>.>>
4ubsidies from ! institutions 3 =.19 >.)"

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
"1
/ess indirect taxes to ! institutions 3 ",.>+ "=."=
1ational disposable income 1&>)+.+, 1&>>,.9= "&A<A.9A
O0ncluding a statistical discrepanc(.
TA$LE ' 2
$ALANCE OF PAYMENTS ?!4 F million@
1>>+ 1>>, 1>><
xports of goods f.o.b. ++&<+, ="&=19 ="&>>,
0mports of goods f.o.b. 3,)&)=) 3==&9"1 3==&=1<
*rade balance 39&="= 3,&1A) 3+&=""
xport of ser'ices ">&1)" ",&A9, "+&)1,
0mports of ser'ices 3"1&19> 3""&"," 3""&+,,
Calance on goods and ser'ices 3=9+ 3"&"=A 3"&9<"
2ther income recei'ed 9&9", 11&)1< 1"&1=,
2ther income paid 3>&1>, 311&<=1 31"&="=
Calance on goods& ser'ices 5 income 31&1,+ 3"&<", 3)&+1+
%urrent transfer recei'ed 1G++) "&<1" +&A+9
%urrent transfers paid 3"&+>9 3+&9)A 3+&9)<
%urrent balance 3"&"A> 3+&9+" 3+&"A"
%apital account ?net@ )+< 9+ 3+A
Direct in'estment abroad 31&"A) 31&A+< 31&)<9

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
""
Direct in'estment from abroad 1&)11 <)> )&=,=
-ortfolio in'estment assets 3+&+=, 3"&9)< 39&A>=
-ortfolio in'estment liabilities +&",) 1"&">" ,&>,+
2ther in'estment assets 3)&,<9 31A&<A, 3)&=)9
2ther in'estment liabilities <&=91 9&A<< ,&1))
1et errors and omissions 3+1= 3)A9 )&,>A
2'erall balance 91> 1&++) >9>
4ource 8 uropa (ear book 1>>9& %hapter on Austria& -age3+9<

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
")
EBTERNAL TRADE
PRINCIPAL COMMODITIES
?Distribution b( 40*%& million 4chilling@
TA$LE ' 3
I(=-10+ 3.2...
0mports c.i.f. 1>>+ 1>>, 1>><
6ood and li'e animals )A&)<".1 ),&"+>.= )9&<11.)
7egetables and fruit 1A&>">.> 11&1<=.+ 11&=<).=
%rude materials ?inedible except fuels@ "<&,<9.= )1&A+1.< "<&=>1."
Minerals fuels& lubricants& etc. ?incl.
lectric current@
"=&=11.1 "><A+.A )9&A=>.,
-etroleum& petroleum products& etc. 1=&<99.+ 1=&,<+.= ")&1)=.<
%hemicals and related products <,&"+=.+ =1&+A+.= =)&=+1.>
Medicinal and pharmaceutical
products
1,&",".) 1=&+=<.A 1>&,1,.A
Artificial resins& plastic materials& etc. 1>&A>9.) "A&,++.+ 1>&>)1."
Casic manufactures 1"A&)"".9 1">&1+,., 1">&,A9.)
-aper& paperboard and manufactures 1)&)>,." 1+&="+.A 1+&>=>.A
*extile (arn& fabric& etc. "A&,")., "A&,>).A "A&A<=.,
1on3metallic mineral manufactures 1)&"<9.A 1)&>,>.< 1+&)1=.)
0ron and steel 1<&)>=.9 1>&+<A.A 1=&)<=.)

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
"+
1on3ferrous metals 1<&9><.= 1<&=+=.A 1,&=+9.)
2ther metal manufactures ",&A+<., "=&+)9.9 )A&19+.+
Machiner( and transport e:uipment ")9&>+>., "+<&",+., "<>&99+.)
-ower3generating machiner( and
e:uipment
1,&A>1., 1,&9>+.< 1=&1)A.>
Machiner( specialised for particular
industries
"1&<>).A ""&1,).1 ")&,",.=
Beneral industrial machiner(
e:uipment and parts
)<&>">.) )9&191.= +A&<,>.1
2ffice machines and automatic data3
processing e:uipment
""&,A9.= "1&)1<.9 "1&+><.=
*elecommunication and sound
e:uipment
1<&+>=." 1,&)A1.A 1=&+=+.9
2ther electrical machiner(& apparatus
etc.
++&)<).A +)&99=.) +9&++=."
#oad 'ehicles and parts ?excl. t(res&
engines and electrical parts@
=1&><A.1 =<&"<).A 9<&1<9.>
Miscellaneous manufactured articles 11,&=9=.9 11=&1<9." 1"<&=>1.=
6urniture and parts 1)&+>9.> 1+&)>).1 1<&""9.)
%lothing and accessories ?excl.
footwear@
)A&)AA.= )1&1)+.1 ))&=)A.+
-rofessional& scientific and controlling
instruments& etc.
1"&")9." 1"&)"1., 1)&"1".)
*otal ?incl. 2thers@ <"9&9==.= <<9&A)1.1 =1"&=,>.<

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
",
E@=-10+ ..-.).
xports f.o.b. 1>>+ 1>>, 1>><
6ood and li'e animals 1+&>=)., 1>&1>9.) ""&>"9.1
%rude materials ?inedible@ except fuels "1&>=<.9 "+&A<,.< ""&")>.=
%ork and wood 11&>+A.A 1"&==).+ 11&+)).=
%hemicals and related products +<&99).= ,)&)+<.> ,=&19=.A
Medicinal and pharmaceutical
products
11&>91.A 1)&++).< 1+&,,A.9

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
"<
Artificial resins& plastic materials& etc. 1,&9=<.A 19&<A1.1 1>&A++.>
Casic manufactures 1+=&>+,.1 1<9&9>>.9 1<<&">,.)
-aper& paperboard and manufactures ">&,=<.< )<&">1.> )+&"<).,
*extile (arn& fabric& etc. "A&>,1., "A&=+1.1 "1&""A.>
1on3metallic mineral manufactures 1+&9)>.1 1<&)>>., 1<&"=).>
0ron and steel "<&>9)." ))&A>).< ">&++).1
1on3ferrous metals 1A&<<>.1 1)&,<"., 1)&<>+.=
2ther metal manufactures "=&,)=.+ ">&1<).= )A&)9A.<
Machiner( and transport e:uipment 1>>&<=1.A ""<&)1=.A "+9&9)).,
-ower3generating machiner( and
e:uipment
)1.),9.9 ))&,A=.) )9.)<9.=
Machiner( specialised for particular
industries
)A&<+1.A ))&"9).+ )+&A9).=
Beneral industrial machiner(
e:uipment and parts
)1&9"=.) )=&)A,.+ )>&+>,.,
*elecommunication and sound
e:uipment
1=&<1<.1 1=&"1,.9 19&<91.A

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
"=
2ther electrical machiner(& apparatus
etc.
)>&")A.A +)&)<A." +,&>+1."
#oad 'ehicles and parts ?excl. t(res&
engines and electrical parts@
)"&,9,.> +"&"A,." ,+&1,<."
Miscellaneous manufactured articles =A&"A+.< ==&+1>." 91&1+9.)
%lothing and accessories ?excl.
footwear@
1"&A>A.= 1"&>=A." 1+&=1<.<
*otal ?incl. 2thers@ ,1"&,1,." ,9A&A1+.) <1"&19>.9
4ource 8 uropa (ear book 1>>9& %hapter on Austria& -age3+9<39=
TA$LE - #
PRINCIPAL TRADING PARTNERS ?million 4chilling@O
I(=-10+ 3.2...
0mports c.i.f. 1>>+ 1>>, 1>><
Celgium3/uxembourg 19&1>A.1 1=&9>=.) 1<&)"=.+
%hina& -eopleGs #epublic >&<91.) 9&")".> 9&>>A.)
%Dech #epublic 11&"9>.= 1"&<">.+ 1+&)<).<

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
"9
6rance ">&<"<.) )"&9)).< )+&"1+.=
Berman( ",1&=,".A ">1&"A".) )A,&,,>.<
.ungar( 1"&9)A.) 1"&,9)." 1>&1,1.<
0tal( ,,&,"+.+ ,9&,1).< <"&=+".+
$apan "<&>1,.) 1<&+,=.A 1=&"11.,
*he 1etherlands 19&><>.+ ""&>)=., ""&99>."
#ussia 1A&19A.+ 11&">>.1 11&"=1.>
4pain 9&+9A.+ 9&="1.9 1A&1>=.+
4weden 11&A)A.1 11&A<1.1 1A&>=>.+
4witDerland3/iechtenstein ",&<">.< ",&,<".9 "+&9>A."
*he !nited Kingdom 19&""<.+ 1>&9A+.+ "1&+==.,
!4A "=&++,.+ "9&))A.= )1&=9A.)
*otal ?incl. 2thers@ <"9&9==.= <<9&A)1.A =1"&=,>.<

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
">
E@=-10+ ..-.).
xports f.o.b. 1>>+ 1>>, 1>><
Celgium3/uxembourg >&<,1.1 1A&9+".A 11&9A<.)
%Dech #epublic 1)&+"<.1 1,&99A.< 1=&=,1.=
6rance ")&)+>.) ",&=<9." "<&19<.<
Berman( 1>,&)A=.= """&+=+.1 "">&A+1.9
.ungar( "A&A+>., "1&11,.> "+&))9.1
0tal( +1&,9).> ,A&>,".A ,1&)1)."
$apan =&>=+.9 =&,>A.+ >&+,=.=
1etherlands 1,&"=<.= 1<&,,1.> 1,&9)).>
-oland <&A"A.9 =&>A1.+ >&A,=.9
#ussia =&+="." 9&+>+." =&>+<.)
4lo'enia =&>>>.= >&91,.) >&9<+.)
4pain 1A&>=9." 1"&1=A." 1)&<)9.1
4weden =&1+,." 9&",=., 9&A9".)
4witDerland3/iechtenstein )"&<1+.1 )1&+<,.) )A&)A).=
!nited Kingdom 1<&"").1 1>&1,>.= "1&<+>.)
!4A 1=&9+1.9 1=&",A." 1+&+9=.>
*otal ?incl. 2thers@ ,1"&,1,." ,9A&A1+.) <1"&19>.9
4ource 8 uropa (ear book 1>>9& %hapter on Austria& -age3+9=
0mports b( countr( of production8 exports b( countr( of consumption.

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)A
AUSTRIA AND T&E EUROPEAN UNION
Accession negotiations with the ! were successfull( completed in March 1>>+& and the
referendum held on this subject resulted in an o'erwhelming majorit( in four of !
membership. Austria is a member of the ! since $anuar( 1st& 1>>, and can be
considered full( integrated into Western uropeGs econom(.
*he most significant change for AustriaGs trading partners outside the ! is AustriaGs
adoption of the common external tariff and customs polic(. *he a'erage import dut(
applied b( the uropean !nion amounts to onl( ,.+H& in addition roughl( <AH of the
merchandise from outside the ! is imported dut( free into the uropean !nion.
-rinciples of Austrian import regulations
*he common customs regulations appl( in each !3member state and ha'e priorit( o'er
national law.
*he Austrian customs tariff is based on the Q*A#0%R ?0ntegrated *ariff of the !@. *he
customs duties ha'e to be paid at customs clearance. .owe'er& the ! ma( suspend
tariffs for certain commodities and products for a period of six months to one (ear if there
is no production of these goods within the !. *ariff :uotas& in turn& are granted in the
case that the suppl( within the ! falls short of demand.
0n addition& the Beneralised 4(stem of -references ?B4-@ la(s out the rules for the
utilisation of preferential duties granted for imports from de'eloping countries.
6urthermore& the ! has entered a number of agreements with uropean and o'erseas
countries& which pro'ided for preferential customs treatment of certain products of those

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)1
countries. 0n order to be able to benefit from these lower tariff rates the goods ha'e to be
accompanied b( certificates of origin as set forth in the agreements.
F-14287 01*64 =-923,
*he foreign trade of the ! can be considered as principall( liberalised. *here are;
howe'er& exceptions and restrictions in the form of import3:uotas& sur'eillance measures
as well as safeguard measures against dumping and illegal subsidies. 0n addition& trade
embargoGs decided b( the !1 ?presentl(8 0ra: and /ib(a@ are respected.
0mports of textile and apparel products from a number of countries are subject to
restrictions and monitoring& based on bilateral agreements between the ! and supplier3
countries. *he ! has reached agreements on :uotas for some textile and apparel
products with the following countries& which are controlled b( the authorities of the
respecti'e export countr( and the !8
Argentina& Celarus& CraDil& Culgaria& %hina& the %Dech #epublic& .ongkong& .ungar(&
0ndia& 0ndonesia& Macao& Mala(sia& Mongolia& -akistan& -eru& -hilippines& -oland&
#omania& *he #ussian 6ederation& 4ingapore& 4lo'akia& 4ri /anka& 4outh Korea&
*hailand& !kraine& !Dbekistan& 7ietnam.
With the following 1= countries sur'eillance measures for the export of textiles and
apparel products without :uotas ha'e been agreed upon8
Albania& Armenia& ADerbaijan& Cangladesh& g(pt& Beorgia& KaDakhstan& the KirgiD
#epublic& /ithuania& /at'ia& Malta& Moldo'a& 4lo'enia& *ajikistan& *urkmenistan& !nited
Arab mirates& !Dbekistan.

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)"
All these restrictions are based on a double control s(stem8 the national authorities in the
! member states issue the import license upon presentation of the export license of the
respecti'e exporting countr(.
%ertain iron and steel products originating from outside the !& 1orwa(& 0celand and
4witDerland re:uire an import document or license& which is issued in Austria b( the
Ministr( of conomic Affairs. 2nce issued this document is 'alid throughout the !.
A Qdouble3licensing s(stemR is in force for iron and steel products originating from
#ussia and !kraine based on :uantitati'e restrictions& as well as for #omania& Culgaria&
the %Dech #epublic& and 4lo'akia without :uotas. *he importer in the ! needs an
export license issued b( the authorised institution from these countries in order to obtain
the ! import license. An autonomous :uota is 'alid for imports of certain iron and steel
products originating from KaDakhstan.
4ome agricultural products such as wine& milk& wheat& meat& rice and products thereof
re:uire import licenses. 0n addition to possible import :uotas for agricultural products&
regulations concerning labelling and packaging of food and be'erages under the Austrian
food legislation ha'e to be obser'ed.
I(=-10 D-3/(470*02-7
0n order to bring goods from outside the ! into Austria and thus into the ! market& a
customs declaration must be made b( a resident of the !. *he declaration is not
necessar( for shipments 'alued at less than A*4 11&,AA.
A full description of the imported goods including weight& dimensions and :uantit(&
countr( of origin& shipper& consignee& exporting countr( must be included in the

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
))
commercial in'oice. *wo copies of the commercial in'oice ha'e to be forwarded
together with the airwa( bill or bill of lading to the customs authorities.
Additional information is needed for textiles according to the specific import regulations8
t(pe of textile fabric ?fibre content@; width of the material and weight per s:uare meter. 0n
order to be able to benefit from preferential custom treatment certificates of origin ha'e
to be submitted.
-h(tosanitar( certificates ha'e to be presented upon bringing certain plants into the !.
According to the 0nternational %on'ention for the -rotection of ndangered 4pecies
certain animals are prohibited from importation. *he transport of li'e animals is subject
to a special regulation and mandator( rest for the animals.
M*1>278 *76 L*)499278
%ertain products imported into Austria are subject to special regulations regarding the
manner in which the( must be marked or labelled at the time of sale to indicate
composition content or countr(. Mainl( wine& textiles& apparel ?washing instructions@&
detergents and other household chemicals ha'e to compl( with labelling and marking
legislation.
*he certificates of safet( ?Q%R mark@ applies to machines& construction material&
telecommunications de'ices& medical and sports e:uipment& explosi'es and to(s. *he %
label certifies onl( the compliance with the respecti'e ! regulations. 0t is therefore not a
:ualit( or a standardisation label. *he % label is obtained b( the producer or his
authorised agent or importer in the !.

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)+
INDO-AUSTRIAN TRADE RELATIONS
$ILATERAL TRADE $ETWEEN INDIA AND AUSTRIA;
TA$LE - 5
7alue in #s. Million.
1>>+3>, 1>>,3>< 1>><3>= 1>>=3>9 ?April31o'.@
*otal bilateral trade +91A.", <99A.<1 =>1,."9 )<+>.9)
0ndiaGs exports to
Austria
">>+.9= )A)A.A" )"9".9" "A9).<<
0ndiaGs imports from
Austria
191,.)9 )9,A.,> +<)".+< 1,<<.1=
0ndiaGs *rade 4urplus 11=>.+> ?3@ 9"A.,= ?3@ 1)+>.<+ ,1=.+>
4ource DB%054
PRINCIPAL EBPORTS OF INDIA TO AUSTRIA;
#ead(made garments of cotton including accessories; #ead(made garments of man3made
(arn; cotton (arn& fabrics& made3ups etc; transport e:uipment; leather garments and
leather footwear components; coffee; hand3made carpets; gems and jeweller(; machiner(
and instruments.

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
),
PRINCIPAL IMPORTS OF INDIA FROM AUSTRIA;
-rofessional instruments& machiner( ?except electrical and electronic@& non3metallic
minerals& organic mineral& paper board and manufacturers; printed books& newspapers&
journals etc; iron and steel& project goods& transport e:uipment.
POTENTIAL EBPORTS FROM INDIA TO AUSTRIA;
%omputer 4oftware& electronic components& drugs and pharmaceuticals& iron ore& read3
made garmentsJ high fashion textilesJ fabrics& leather products including footwear& food
products ?tea& coffee& spices& processed foods@& auto ancillaries& jeweller(& automobiles
and steel.
POTENTIAL IMPORTS OF INDIA FROM AUSTRIA;
4teel items& machiner(& transport e:uipments and chemicals.
APPRO!ED AUSTRIAN IN!ESTMENT IN INDIA;
TA$LE - 6
7alue in #s. Million
1>>1 1>>" 1>>) 1>>+ 1>>, 1>>< 1>>= ?till
2ctober@
*otal
?1>>13>=@
1,.>A <1.+A 1,,.=A "+>.=A "><.1A 9"9.A9 ")<.++ 19+).)"
4ource 40A

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)<

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)=

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)9
SOME EBISTING AREAS OF INDO-AUSTRIAN COINT COLLA$ORATIONS;
%onsultanc( and 0nformation 4er'ices; %omputer 4oftware; Diesel ngines for *woJ
*hree Wheelers And *ractors; 0ron And 4teel Articles; Waste Water *reatment -lants;
#efractoriesJ Kiln -lants; %hemicals; lectronics; 4cientific and lectrical :uipment;
*elecommunications %omponents; lectrical Machiner(; 6ood -rocessing; Metallurgical
0ndustr(; 6reeDers for #efrigeration; -lastic Machiner(; #ubber Machiner(; Machiner(
for Making -ulp; Agricultural Machiner(.
SOME OF T&E POTENTIAL AREAS FOR INDO-AUSTRIAN COINT
COLLA$ORATIONS;
4teel ?0ncluding 4teel #efiner(@; 4ponge 0ron; #ail /a(ingJ *unnelling *echnolog(;
6ertilisers; Ciotechnolog(; -harmaceuticals; nerg(; *elecommunication; n'ironment
and -ollution %ontrol 4(stems; Micro -rocessor %ontrol -rogramme; Wood -rocessing;
-ackaging 0ndustr(; Machiner( for 6orestr( -lantations; Machine Cuilding; .otels and
*ourism; 6ood -rocessing; Machine *ools.

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
)>
CONCLUSIONS
I76--A/+012*7 3-((4132*9 149*02-7+
*he Austrian 4tatistical office has released the latest trade statistics. Which pertain to the
period of $an3 Mar 1>>9 as follows8 3
TA$LE ' %
0ndo3Austrian total Cilateral trade $an3Mar 1>>= 5 1>>9.
7alue in A*4 1AAA
Lear AustriaGs
0mports
from 0ndia
%hange in H
in >9 o'er
>= imports
AustriaGs
xport to
0ndia
%hange in H
in >9 o'er
>= exports
*rade
'olume
1J)J>= ,"<<)A 1.A. +A<>,, 1.A. >))>=,
1J)J>9 ,,>1,) <." )"<1=> 31>.9 99,))"

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
+A
TA$LE ' 1
AustriaGs 6oreign *rade with 0ndia $an3Mar 1>>= 5 1>>9.
0mportant -roduct Broups
*rade with 0ndia in
!4 F 1AAA
0mports xports %hange in H
1J)J>9 1J)J>= 1J)J>9 1J)J>= 1J)J>9 1J)J>=
A 6ood 4tuffs ),",.1+ "1>=.>) <.>" 1A.1A <A.+A 3)1.,A
" #aw Materials )9>.19 1="A."1 9>.)+ "=).11 3==.)9 3<=.)A
, %hemical -roducts 1+>".)< =A).,9 )<=<.1) +A+,.), 11".1A 3>.1A
< -refabricated Boods 11",9.,, >+><.A" 9)"A.<9 ==)".+< 19.<A =.<1
= MachinesJ
Automobiles
)1<=.,+ 1>,,.A, 1A==>.+= 1+9><.,9 <".A" 3"=.<+
9 2ther #ead(made
Boods
"+<+).>> ",9"1.A9 )A+>.)" ,+1+.1< 3+.<A 3+).<9
> 2ther Misc. Boods <.)< A.AA "<.<, ).)+ A.AA <>=.<"
*otal +++9).1) +19>,.=9 ",>+>.A1 )")=,.1A <."A 31>.9,

01D23A!4*#0A1 *#AD 5 4%2- 62# 0174*M1* 2--2#*!10*04
+1
A7*9,+2+ -. T*)94 % " 1
0n the 1st Utr of the (ear 1>>9& total trade between 0ndia 5 Austria amounted to A*4
99,.)) million ?!4F <9.9+ mm@ as against A*4 >)).>= mm ?!4F =".,>mn@ in the same
period in 1>>=; registering a decrease of A*4 +9m ?app. !4F +m@. *he decline is due to
a more than 1>H decrease in Austrian exports to 0ndia. 2ur exports& on the other hand&
show an increase of <."AH. *he Calance of *rade continues to be in our fa'our.
.ighest percentage change in the 1st Uuarter 2f >9 was in chemical products& with an
increase of 11"H in Austrian imports from 0ndia o'er those of 1>>=. Austrian imports
from 0ndia of machines 5 automobiles also rose b( <"H to the tune of !4F ).1mn.
*he two most important groups of items exported b( us to Austria i.e.& read(3made goods
?which make up slightl( more than ,AH our total exports@ and prefabricated goods
?which amount to about )AH of our exports@ showed 'ar(ing change i.e.& 3 +.<H 5 K
19.<H respecti'el(.
All in all& with an increase of <."AH of our exports& the trend so far is good though not
'er( encouraging. *he modest growth in our exports is in line with global imports of
Austria& which decreased b( ,."H. .owe'er& the real trend would be a'ailable b( the "
nd
Uuarter 2f 1>>9.
0ndiaGs share in Blobal xports to Austria8 A statement showing 0ndiaGs share in the
global exports to Austria is enclosed. 0t ma( be seen that o'erall our share in Austrian
market has increased slightl( from A."91,H in $an3March 1>>= to A."9">H in $an3March

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+"
TA$LE - 11
*he latest DB%054 ?1>>9@ %alcutta bilateral trade figures are as follows8
0ndia Austria bilateral trade 4ource8 DB%054 %alcutta
7alue 83 #s. /akhs
1>>"3>) 1>>)3>+ 1>>+3>, 1>>,3>< 1>><3>= 1>>=3>9 H Diff.
2ur
xport
"A<<> "<<,< ">>+9 ">>1, )),1, )A1+> 31A.A+
2ur
0mports
"<1)< 1,=>A 191,) )9=>" +>=)+ "">9A 3,).=>
*rade
Calance
3,+<= 1A9<< 11=>, 399== 31<"1> =1<> 3
0t would be seen that bilateral trade 'olume has come down Austrian exports to 0ndia
during 1>>=3>9 ha'e shown a drastic reduction of ,).=>H compared to 1>><3>= whereas
our own exports to Austria ha'e come down b( 1AH. .owe'er& the trade balance& which
was negati'e for us during 1>><3>= has become positi'e basicall( because of Austrian
xports declining b( more than half.

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+)
ANALYSIS OF INDO-AUSTRIAN TRADE
0tGs a tale of two countries that ha'e li'ed under the bliss of ignorance. 6or most 0ndians&
Austria is the land of *he 4ound of Music& while the a'erage Austrian is still surprised to
hear 0ndians speaking nglish.
Cut Austria is more than just music. 4he has daDDled the world b( the manner in which
she reco'ered from -ost3war blues. 0n fact& Austria is the post World War western
societ(Gs most successful econom(& posting not onl( handsome growth but deli'ering
Qe:uitabl( distributed well3beingR to its citiDens. *he countr(Gs per capita BD- stood at
!4F "1&)<= in 1>><& placing her third in the uropean !nion& behind Denmark and
Celgium.
0ndia has also been changing. *he recent spate of reforms has transformed the countr(Gs
image from a land of jungles and elephants to an Asian destin( that is safe and worth
'isiting. Bi'en her BD- growth of around , per cent and the huge infrastructure gaps
not to forget a large middle class 0ndia is poised to become the centre of action& second
onl( to %hina.
0t is thus doubl( ironic that this 'eil of darkness continues to exist between two nations&
which are strategicall( positioned to forge mutuall( beneficial trade relations.
All along& Austria has been considered as a countr( at the edge of urope. Cut now& with
the disappearance of eastern and western trade blocs and the emergence of the unified
single uropean market& Austria has become the heart of central urope and almost the
centre of uroland. And with comparati'el( cheaper facilities in the form of hotels and
transport& Austria could become the natural uropean hub for 0ndian exporters selling
goods all o'er uroland.

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++
2n the other hand& 0ndia looks prett( stable amidst the Asian rubble and with critical
industries being opened up and huge demand on the infrastructure front& she could do
well with assistance from Austrian companies.
*here are boundless possibilities. *rade between 0ndia and Austria amounts to
approximatel( F)AA million and is steadil( increasing. As per official figures& nearl( )AA
Austrian companies are operating in 0ndia with nearl( <A joint 'entures. Cut this is far
from an ideal situation. 6oreign direct in'estment ?6D0@ appro'als of Austrian
companies in 0ndia stood at a measl( #s. 9".9 crore in 1>><. 'en the 'olume of trade
between the two countries is nothing much to write home about. *he total 0ndo3Austria
trade 'olume stood at #s. =>&1," lakh ?F19, million@ in 1>><3>= up 1,." per cent from
#s. <9&=A= lakh ?F1<A million@ in 1>>,3><.
.owe'er& these paltr( trade 'olumes ha'e to be seen in the context of AustriaGs foreign
trade polic(. *he countr(Gs total trade with Asia accounts for onl( <3= per cent of its total
trade. Austria has traditionall( been urope centric. 6or o'erseas in'estment& Austrian
industr( has alwa(s preferred to look at ast urope. *his is because& medium3scale
Austrian companies are familiar with these countries and feel more comfortable near
home. Cut now with the euro coming into being& Austrian companies will be looking
outside uroland more aggressi'el(. 0n the past& an Austrian outfit in Berman( could
bring in 'aluable foreign exchange in the form of deutsche marks. Cut now& the euro will
make all currencies local. *his will force these 11 countries to forge greater business ties
outside uroland and 0ndia could be the target destination for man(.
*here is& therefore& a dire need to impro'e the le'el of attention that each countr( is
gi'ing the other. *he potentials that can be tapped and the benefits that can be full(
a'ailed of mutuall( is enormous. *he signs are alread( showing.

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+,
4o long& absence of direct flights between the countries had acted as a stumbling block
for both 0ndian and Austrian business. Cut now& Austrian Airlines has established direct
flight links with Delhi and is planning to touchdown in Mumbai 'er( soon. %ompanies
like 7oest Alpine are planning to use 0ndia as a third countr( export hub. 4ome Austrian
banks are looking at 0ndia as business destinations.
Apart from the traditional areas where both can help each other& high technolog(
companies can be the new focus. *hese could be areas where 0ndia needs technological
support and where Austrian companies can be major pla(ers. *his could ultimatel(
promote trade. 2n the other hand& 0ndian software companies can also explore business
opportunities in that countr(.
Cut though the uro might spell booming business& concerns still abound among 0ndian
exporters. *he concern of de'eloping countries& and also 0ndia& is that the uropean
!nion is going to be a fortress which will close its borders and slap prohibiti'e duties on
'arious products coming from these countries. *hese fears are exaggerated as it concerns
onl( 'er( few items. *his does not mean that 0ndian companies should not stop pulling
up their socks. *here ha'e been instances of consignments of goods imported from 0ndia
ha'ing been rejected b( Austrian importers due to Qpoor :ualit(R. Uualit( le'els&
therefore& need to be spruced up. 'en pricing and marketing strategies need to be
relooked at now that price differential will be difficult to maintain& thanks to the euro. 0n
short& 0ndian companies ha'e to mo'e up the 'alue ladder to be able to forge ties.
Austrian companies can teach 0ndians how to do that.
Austrians also belie'e in :uick deli'er( s(stems. Which is wh( the( prefer placing
orders with major suppliers in Berman(. C( doing so& the( can get consignments Qjust in
timeR and in less than a week. *he traditional and old arrangements of Austrian business

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+<
with Bermans further facilitates this and keeps them awa( from entering into direct
negotiations with& new and unknown partners in 0ndia.
Cut there is no harm in 0ndian business capitalising on the direct air links to increase
possibilities of including new items in the export list like 'egetables& fruits and
floriculture products exports of that ha'e been hitherto 'er( limited.
As Austria starts looking for new markets across the new borders& 0ndia will also ha'e to
set up its marketing skills to establish herself as a good in'estment destination. *he
countries ha'e to know each other better. *his can be done through more fairs and
exhibition.
0n fact& both economies co'er a lot of common ground. While both are steeped in
histor(& the( are also undergoing structural changes and mo'ing ahead on the
pri'atisation and industrialisation front. Coth are culturall( rich and fa'oured destination
points for tourists. Bi'en this commonalit(& itGs probabl( time to remo'e the 'eil. And
look each other in the e(e.

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+=
$USINESS OPPORTUNITIES
With A*54 Austria *echnologic and 4(stemtechnik AB taking o'er 0ndal lectronics
recentl(& a new direction has been found to the 0nd3Austrian business relationship. *his
merger assumes significance in the light of the fact that the Austrian %ompan( is the third
largest in the world in the area of printed circuit boards. %onse:uentl(& 0ndia too is
making fora(s into the world of computer hardware& hitherto the preser'e of *aiwanese
and Korean giants.
Q0ndo3Austrian trade relations ha'e a histor(& which can be traced back to almost after
independenceR. 0n the earl( ,As 7oest3Alpine AB& offered its world famous /D steel
making process to the #ourkela 4teel -lant. #ecentl(& the compan( has also recei'ed an
order for the %orex process& the steel making technolog(& from an 0ndian compan(.
Austria is currentl( the ! president& which has& enjoined on Austria new
responsibilities. Austria has tried to iron out man( operational difficulties on behalf of the
! with the 0ndian authorities.
*he earl( sixties marked the establishment of -lasser 0ndia& the first 0ndian subsidiar( of
an Austrian compan(. 4oon& other Austrian companies followed suit.
4ince 1>>1& a growing number of Austrian firms ha'e exhibited interest in new 'entures
in 0ndia. Cetween 1>=, and 1>AA Austrian exports rose b( +,A per cent to Austrian
4chillings ?A*4@ 1.+1> bn. 0mports from 0ndia also mo'ed up b( about <,A per cent to
A*4 1.+)+ bn& thereb( turning the balance of trade in 0ndiaGs fa'our. Although there was
a setback in 1>>1 with AustriaGs exports declining b( "=." per cent to A*4 1.A"< bn and
0ndian exports to Austria b( 1." per cent to A*4 1.+1 bn. 0n 1>>+& Austrian exports to
0ndia reco'ered somewhat but onl( b( a meagre ".) per cent to A*4 99,.< mn& whereas

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+9
0ndiaGs exports to Austria increased b( a whopping "< per cent to A*4 ".A) bn. *he see3
saw in 0ndo3Austrian trade continued next (ear with Austrian exports to 0ndia increasing
b( ,,., per cent to A*4 1.)= bn& while 0ndian exports to Austria decreased b( 1+.9 per
cent to A*4 1.=) bn. 0ndian exports to Austria picked up the next (ear b( a mere 1A.)
per cent while Austrian exports continued to register a rise of "=.= per cent.
With a global recession on it is perhaps essential to con'e( to the business communit( in
Austria that 0ndia has largel( escaped the scourge of the Asian flu.
I762* " A/+012* 5*<4 +40 /= * 7/()41 -. <470/14+ 3-<41278 * :264 1*784 -. =1-6/30+
+/35 *+8
1. 4ponge 0ron ". $ell( filled cables
). 7accum -ackaging Machiner( +. %ircuit Crakers
,. *(re retreating materials <. -7% profiles& Anti3pollution e:uipments
=. 4pecial steel casting 9. #efractor( bricks
>. *elecom %omponents 1A. 4tudies 5 broadcast e:uipments
11. %ontinuos pulp digestion s(stems 1". %ontinuous fermentation process
technolog(
1). Cearings 1+. *est beds
1,. 0nternal combustion engines 1<. Diagnostic control e:uipments
1=. #esearch instruments for automoti'e 5
diesel engine industr(
19. 7al'es
1>. Mountings 5 pressure fittings "A. 4teel structurals
"1. Air compressors "". Corehole 5 steam turbine pumps
"). 6iles and rasps "+. Call bearings 5 bushings

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+>
",. %ellulose 5 adhesi'e tapes "<. Aluminium powder paste
"=. lectricit( meters 5 electrical
instruments
"9. 6orged tools 5 tool bits
">. .igh pressure multi3stage pumps )A. Wood working machiner(& high
pressure
)1. .igh pressure gas c(linders )". Allo( steel casting
)). -lastic moulding machines )+. 0ndustrial heat treatment furnaces
),. xtended n(long strips )<. Machiner( 5 e:uipments for tape
wo'en sacks
)=. Air3lifter 5 Air pressure regulators )9. -owder paints
)>. *rack machines for railwa( track
construction 5 maintenance
+A. 6orging machines
+1 %reak chaff and camshaft milling
machines 5 'arious products of steel

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,A
SOME POTENTIAL AREAS FOR INDO-AUSTRIAN COINT
COLLA$ORATIONS
4teel ?including steel refiner(@; sponge iron; rail la(ing J tunnelling technolog(;
fertilisers; biotechnolog(; pharmaceuticals; energ(; telecommunication; en'ironment 5
pollution control s(stems; micro processor control programme; wood processing; packing
industr(; machiner( for forestr( plantation; machine building hotel 5 tourism; food
processing; machine tools.

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,1
$I$LIOGRAP&Y
1. -.D %hamber of %ommerce& scorts librar(& 6ile on Austria.
". DB%054& statistical data on bilateral trade& 6D0 inflow from Austria ?1>>9& 1ew
Delhi@.
). 0nternet
Austrian 6ederal conomic %hamber http8JJwww.wk.or.atJawJawVintl
Austria 'ia the 0nternet http8JJaustriaVinfo.atJ
+. uropa Lear book; 7ol 1 ?A3$@& uropa -ublications& 1>>9.
,. Austria facts and figures& published b( the federal ser'ice& 7ienna 1>>=& -age 1oGs
1<&19&1>&"A&"1&""

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,"