Business Daily from THE HINDU group of publications
Wednesday, Nov 25, 2009
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Business Daily from THE HINDU group of publications Wednesday, Nov 25, 2009 ePaper | Mobile/PDA Version | Audio | Blogs |
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Industry & Economy
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Foreign Trade Polish mission in India to boost ties Our Bureau New Delhi, Nov. 24 The seventh official Polish mission to India, organised by the Polish Information and Foreign Investment Agency, will focus on the Indian ITeS, automotive and pharmaceutical industries. The mission of the governmental agency is to increase co-operation between Polish and Indian companies. The mission came to India with representatives of the Polish Special Economic Zones, regional authorities and the Polish companies. The mission met industry bodies like the Auto Component Manufacturers Association, Western India Automobile Association and Nasscom. It will be here till November 27. The Poland Government recently decided to sell over 600 state-owned companies from sectors such as metal, machinery, construction, electronic and others. The privatisation as well as greenfield opportunities are now supported by financial grants or exemptions offered by the Polish Government and the EU. With its membership in the EU, Poland received over €67 billion for implementation of projects in the areas of infrastructure, protection of environment, human capital development and supporting the undertakings connected with an innovative economy. The support is available for both Polish and foreign companies operating in Poland. At present, Indian investment in Poland is dominated by the investments of Indian BPO and IT companies such as Infosys, Wipro, HCL and others. The present delegation met Indian companies and institutions which could be potential new investors in Poland or organisations which can support the activity of Indian firms in Poland. More Stories on : Foreign Trade
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