In May 2015, the European Commission launched the Digital Market Strategy, which includes digitalising European industry, standards and interoperability. European top officials recognise the importance of digital data exchange enabling effective communication or traceability along the supply chain, from raw material to point of sale.
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Honourable Prime Minister of India Narendra Modi and Chancellor of Germany Angela Merkel visited Siemens AG and ABB booth at Hannover Messe 2015, the world´s biggest industrial fair. PM Modi has been actively furthered India as a manufacturing destination at Hannover Messe, promising an environment that is transparent, predictable, and stable.