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28 November 2017

Tightening ties with Indian business

The Poland-India long-lasting cooperation in mining sector is enhancing – during business mission to New Delhi two Polish mining companies signed letters of intent with the Indian partners. Furthermore, PAIH formalised it cooperation with Federation of Indian Chambers of Commerce & Industry.

Poland is the largest Indian FDI projects receiver in the CEE and attracts great deal of Indian capital, nearly the greatest in the whole EU. Annual trade turnover totals approximately PLN 10.8bn (2016) and the growth dynamics reached 25%. The Poland-India cooperation in mining has started before the ground-braking year of 1989.

During the business mission to India, co-organised by PAIH, Ministry of the Economic Development and Ministry of Foreign Affairs the Polish government’s representatives alongside their Indian partners confirmed the willingness to improve the mutual cooperation in mining devices sector. Letter of intent signed by Poland’s mining firms – JSW and PeBeKa with India’s Essar Steel India and Gayatri Projets Ltd respectively share the same approach.

Besides mining companies, Polish business was represented by IT solutions and organic food producers.

Polish Investment and Trade Agency

Krucza St. 50

00-025 Warsaw

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