Union Minister for New and Renewable Energy, Pralhad Joshi, felicitates Denmark’s Minister for Business and Competitiveness, Martin Lidegaard on November 2, 2026 | Photo Credit: ANI Denmark’s Minister for Business and Competitiveness, Martin Lidegaard, visited Mumbai on Monday, November 2, to strengthen cooperation with Maharashtra in maritime infrastructure, green shipping, technology, trade and investment.During the visit, Larsen & Toubro (L&T) chairman S.N. Subrahmanyan was appointed Denmark’s Honorary Consul in Mumbai.Mr.

Lidegaard met Maharashtra Governor Jishnu Dev Varma to discuss Danish investments, the India-European Union Free Trade Agreement (FTA) and opportunities for cooperation in maritime infrastructure and other sectors.The Minister said Maharashtra remained an important commercial partner for Denmark, with more than 60 Danish companies operating in the state across shipping, maritime technology, manufacturing and consumer goods.“Denmark and Maharashtra are two economies of roughly the same size with a lot to offer each other,” Mr. Lidegaard said, adding that the upcoming EU-India trade agreement could further expand commercial opportunities.As part of his visit,Mr.

Lidegaard toured APM Terminals Mumbai, also known as Gateway Terminals India, at Jawaharlal Nehru Port. The terminal is operated by APM Terminals, part of the Danish Maersk Group.

Discussions focused on improving port efficiency, sustainability and infrastructure through green technologies.He also met representatives of Indian conglomerates, shipping companies and Danish maritime and defence businesses at L&T to explore industrial partnerships and investment opportunities.The visit comes amid growing Danish investments in Maharashtra. In September, Danish biotechnology company Novonesis announced an investment of approximately $670 million to expand its Patalganga facility near Mumbai.In October, Impact Fund Denmark announced a $35 million investment in Indian electric bus operator GreenCell Mobility.Meanwhile, Maersk is exploring opportunities to participate in the development of Vadhavan Port and has signed a memorandum of understanding with port authorities to examine potential cooperation.

Published - November 03, 2026 07:02 pm IST