Slovak Minister brings delegation to WTC Mumbai

Oct 09, 2015

MUMBAI, INDIA - A business delegation led by the Minister of Economy of Slovak Republic, H.E. Vazil Hudak, H.E. Zigmund Bertok, the Ambassador of Slovak Republic,
Dominika Bartosova , Commercial & Economic Attaché, Embassy of Slovak, Zuzana Nehajova from the ministry and Amit Choksey, the honorary Consul General of Slovak Republic, on October 8, 2015 at the World Trade Centre Mumbai.

The Minsiter Hudak gave an overview of the Slovak Republic and said, “It is a best time to invest, as the country is safe politically and has a robust economy.” He also informed that Tata motor’s Jaguar Land Rover will be India’s first company to invest in the Slovak Republic.

The officials also elaborated on the new schemes and measures initiated to provide incentives start-ups and entrepreneurs. They said the government had initiated measures to help in ease of doing business in Slovak Republic.

The delegation has come to Mumbai to look for collaborations and Indian investments in engineering, Information Technology and automobile components, defense, agriculture, pharmaceuticals, renewable energy, mainly wind and solar energy.

Vijay Kalantri, the Vice Chairman WTC Mumbai and President All India Association of Industries (AIAI), in his welcome speech said that Indian companies have a lot of potential in investing in Slovak Republic. “Tata motors Land Rover is a leading company and we are very happy that they have shown interest in investing in Slovak Republic.Their country has grown in the last ten years and India being a Asian leader has a lot of investment opportunities,” said Kalantri.

Kalantri said this is a opportune time to promote the bilateral trade links between the two countries, as it will help promote ‘Make in India,’ mission of the Prime Minister, Narendra Modi. “We can encourage joint collaboration for make in India to help import, do assembling and manufacturing, it does not mean 100% make it here. We can collaborate.

WTC Mumbai and AIAI were represented by Y. R. Warerkar the Executive Director of WTC Mumbai and Rupa Naik, the Director (Projects) WTC Mumbai and Executive Director AIAI.

Honorary Consul General Amit Choksey in his vote of thanks said, “The Slovak Republic is the fastest growing economy with lowest debt and is a very beautiful country that has great potential.”

PHOTO, L-R: H. E. Zigmund Bertok, Ambassador, Embassy of the Slovak Republic, New Delhi, Vijay Kalantri, President– All India Association of Industries and Vice Chairman - World Trade Center Mumbai, H. E. Vazil Hudak, Hon’ble Minister of Economy, Slovak Republic General Director, Ministry of Economy, Slovak Republic during Business Forum on “Doing business with the Slovak Republic on 8th October 2015 at World Trade Centre Mumbai

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