Indian Industry

Country Profile

Greenland
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Situated in amidst of the arctic and atlantic Oceans, greenland is the world's largest island encompassing total area of 2.2 million sq km .It is covered with ice sheet, left only 41,0,000 sq km area uncovered. Around 81% is ice capped. Greenland ice sheet is characterized as the second largest ice sheet in throughout the world. The climate is frigid with the average temperature in the warm months remain near to 10 degree celsius. The nation is divided into total 18 municipalities, headed by the mayor and local council. The country is a place of only 56,326 people, embarking a 100% literacy rate in both male and female groups. GDP (purchasing power parity) of country is recorded at $1.1 billion with 2% real growth rate. By exporting fish and fish products to Denmark, Japan, China etc, greenland has registered $480 million export reserves.

Snapshot

Official Name - Greenland
Capital City - Nuuk
Type of Government - Parliamentary democracy within a constitutional monarchy
Currency - Danish Krone
Fiscal Year - Calendar Year
Official Language(s) - Greenlandic, Danish
Local Time - (UTC0 to -4)
International Dialling Code - +298
Internet Domain - .gl
Major Cities - Nuuk, Sisimiut, Ilulissat, Aasiaat, Qaqortoq, Maniitsoq, Paamiut, Tasiilaq, Narsaq
Major Industries - Fish Processing, Gold, Niobium, Tantalite, Uranium, Iron and Diamond Mining; Handicrafts, Furs, Small Shipyards
Major Trading Partners - Denmark, Japan, China, Sweden, Norway
Double Taxation Treaty with India - No




Economic Overview
  • Open and market oriented economy.
  • Shrimp fish processing is one of the largest export generator.
  • Public sector plays a crucial role in framing economic conditions of country.
  • Tourism industry is emerging as one of the most substantial sector for nation's economic growth.
  • Denmark is the major exporting nation which contributes substantial amount in foreign reserves.
International Trade
Major Export Items
Fish and Fish Products, Diamond Mining, Handicrafts

Main Destinations of Exports
Denmark, China, Japan

Major Import Items
Machinery and Transport Equipment, Manufactured Goods, Food and Live Animals, Petroleum Products

Main Origins of Imports
Denmark, Sweden Norway

Contacts of Trade Ministries/ Associations

Greenland chambers of commerce Greenland Tourism and Business Council Bureau of Minerals and Petroleum
City of Greenland
P. O. Box 100,
Portsmouth Ave, Greenland
Tel.: +(299)-(603)-4317111

P.O. Box 1615
3900 Nuuk
Greenland
Tel.:+(299)-342820
Fax:+(299)-322877
E-mail: info@greenland.com

P.O. Box 930
3900 Nuuk
Greenland
Tel.:+(299)-346800
Fax:+(299)-324302
E-mail: bmp@gh.gl


Business Visa Rules
  • The business visa application form should be duly completed and signed by the applicant.
  • Due care should be taken while filling the application form. All fields must be correctly filled otherwise it will be rejected.
  • If required Greenland Embassy can ask for additional documents and the applicant has to submit them.
  • It is necessary to submit valid work permit with at least 3 months of validity remaining beyond their return to nation of residence.
Business Hours
Offices:    Mondays to Fridays: 08.00-16:00.
Banks:     Mondays to Fridays: 10:00-16:00

Public Holidays

Festival Date
New Year's Day January 01
Epiphany January 06
Maundy Thursday Date Varies
Good Friday Date Varies
Easter Monday Date Varies
Great Prayer Day Date Varies
Ascension Date Varies
Whit Monday Date Varies
National Day June 21
Christmas December 24-26
New Year's Eve December 31
greenland


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