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Karnataka Governor urges Central European leaders to invest in India

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Bengaluru, Oct 6 : Karnataka Governor Vajubhai Rudabhai Vala has stated that India is an attractive market for Central European businesses, which provides them best returns.

Speaking at the Valedictory Session of the second India Central Europe Business Forum in Bengaluru, Vala said that Karnataka would be one of the most attractive investment destinations for Central European businesses. He also highlighted that businesses would receive various hubs of information technology and biotechnology companies.

Navtej Singh Sarna, Secretary West, Ministry of External Affairs, speaking at the event said that an electronic platform should be created to facilitate specific meetings between Indian and Central European businesses on a monthly basis.

He also added that ICEBF is a unique forum that connects two regions that are culturally drawn towards each other.

Sarna also mentioned that he saw a qualitative and quantitative improvement in the level of participation in the second ICEBF convention, as compared to the first edition.

200 delegates from 18 Central European countries participated in the convention and also conducted B2B meetings with Indian delegates.

Dr. Jyotsna Suri, President, FICCI, in her opening address stated that the Indian IT industry is today globally acknowledged.

“India is also a global leader in pharma manufacturing. Economic cooperation between India and Central Europe will help in boosting the bilateral pharma trade,” she said.

“With its large consumer base, India has emerged as an investment destination and the world is looking at India in a highly positive manner,” she added.

The ‘Make in India’ campaign and ‘Digital India’ initiative of the Government of India has opened vast avenues for businesses to cater across all economic sectors.

Dr. Suri, on behalf of FICCI, committed full support to ICEBF to be organised as an annual flagship forum. (ANI)