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The Slovak Republic is hoping to clinch nearly a $ one billion deal to supply 180 howitzer gun to India Army soon.
According to Mr Marian Tomasik, ambassador of the Slovak Republic to India, the deal is expected to be sealed in the coming months.
“We hope to get the howitzer gun deal from the Indian Army in the coming months,” Mr. Tomasik said at an interactive session on bilateral trade organised by the
Bharat Chamber of Commerce here on Tuesday.
A howitzer is a weapon which has a short barrel and uses small propellant chargers at relatively higher trajectories.
Indian Army had earlier floated a tender for purchase of 180 (155-mm) howitzer guns. A Slovak Republic company and Germany-based Rheinmetall Defence had bid for the deal.
Bilateral trade
Defence and power would be the two key areas of focus for bilateral trade between the two countries.
According to Mr. Tomasik, both Slovak and India should focus on enhancing co-operation in defence and power sectors in order to further expand the bilateral trade between the two countries.
Imports
Slovakian imports include pharmaceuticals, rubber, organic chemicals, garments, science apparatus and special machinery. It exports automobiles, oils and fertilizers, machines and spare parts. While India's total exports to Slovak Republic have grown from $36.24 million in 2006-07 to $56.78 million in 2010-11, total imports have grown from $19.81 million in 2006-07 to $88.03 million in 2010-11.
> ayan.pramanik@thehindu.co.in
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