Minister of Industry and Trade of the Czech Republic H.E. Mr. Jan Mládek arrive on an official visit to New Delhi and Mumbai between January 28 and January 30, 2015. Minister Jan Mládek, who will first land in New Delhi on January 28, 2015, arrives with a business delegation consisting of 30 representatives of various Czech companies and members of the Czech Chamber of Commerce, Czech Export Bank and Czech Export Guarantee and Insurance Corporation. After New Delhi the Minister will depart for one-day visit in Mumbai on January 30, 2015.
In New Delhi, H.E. Mr. Jan Mládek will be received by several Honorable Ministers of the Government of India. On January 28, 2015, H.E. Mr. Jan Mládek has planned a meeting with Hon´ble Minister of State for Commerce & Industry Mrs. Nirmala Sitharaman followed by meeting of the Czech-Indian Joint Commission for Economic Cooperation.
During the meeting both sides will pursue the enhancement of bilateral trade relations and try to identify new specific projects to be implemented on business, governmental or PPP level. The official meetings with Indian counterparts will beyond all doubt immensely contribute to identify further scopes for deepening the bilateral economic cooperation and provide the most effective ground for detailed discussion on broad topics of mutual interest.
On January 28, 2015, H.E. Mr. Jan Mládek will also inaugurate the “The Czech Republic - India Business Forum” organized by Federation of Indian Chambers of Commerce and Industry (FICCI), represented at the Czech side by numerous Czech business delegation comprising of companies active in the fields of transportation, aircraft industry, infrastructure, engineering and heavy engineering, metallurgy, pharmaceuticals, real estate developing and investment, arms industry etc. The interactive business meeting followed by lunch is estimated to be attended by more than 100 companies.
H.E. Jan Mládek will as well hold extensive talks with Hon´ble Minister of Heavy Industry Mr. Anant Gangaram Geet, Hon´ble Minister of Defence Manohar Pirrikar, Hon´ble Minister of Power and Energy Piyush Goyal, Hon´ble Minister of Civil Aviation Ashok Pusapati, Hon´ble Minister of Railways Mr. Suresh Prabhu and Hon´ble Minister for Steel and Mines Mr.Narendra Singh Tomar.
On January 30, 2015, Minister of Industry and Trade of the Czech Republic Mr. Jan Mládek will arrive to Mumbai in order to inaugurate the second round of “The Czech Republic - India Business Forum” followed by lunch with Hon´ble Minister of Industry of Maharashtra H.E. Subhash Desai. Furthermore, H.E. Mr. Jan Mládek will be received by Hon´ble Governor of Maharashtra Ch.V. Rao, Hon´ble Chief Minister of Maharashtra D. Fadnavis and other senior officials and representatives of the Government of Maharashtra.
Velvyslanectví České republiky Embassy of the Czech Republic
50-M, Niti Marg, Chanakyapuri, New Delhi
tel.: +91-11-2415 5200, fax: +91-11-2415 5270
www.mzv.cz/newdelhi
newdelhi@embassy .mzv.cz
The visiting delegation from the Czech Republic presents an outstanding business opportunities for their Indian counterparts in many areas, such as supply of machinery and equipment for transport infrastructure, aircraft industry, chemical and pharmaceutical industry, steel and metallurgy. Moreover, Czech companies will introduce scope of potential business in real estate development and in the field of financing and investment.
Economic ties between the Czech Republic and India have been historically very active. However, trade cooperation started to experience a new dynamic growth from the mid 1990’s when from nearly USD 100 million of mutual turnover in 1993 the bilateral trade exchange reached 1.6 billion USD of turnover in 2011. The current mutual goal of both countries is to reach USD 2 billion of turnover by 2015.
The Czech Republic is highly keen on investing in India. The largest and most well-known is the SKODA AUTO INDIA Pvt. Ltd. passenger car assembly plant. Czech investment flows to India in rising figures, among others to be mentioned Vítkovice Machinery Group, Home Credit, FANS or Škoda Power which have already invested considerably in India. On the other hand, the Czech Republic is also proud to welcome Indian investment whether it’s Infosys or Tata Group.
Both countries try hard to create safe and transparent environment for their business entities through agreements and proactive enhancement of mutual contacts on every-day basis. Therefore they have concluded an investment agreement, tax agreement as well as an Agreement on Economic Cooperation, with the latter also being the basis for the Czech-Indian Joint Commission for Economic Cooperation which meets every year on the ministerial level. The Czech Republic, as the EU member country, also supports the rapid conclusion of the Free Trade Agreement (FDI), which is currently under discussion.
Czech-India bilateral relations are also reflected in the frequency of high-level visits. In September 2012 the Czech Republic was visited by Hon´ble Minister of Commerce and Industry Mr. Anand Sharma and in March 2013 Minister of Industry and Trade of the Czech Republic H.E. Mr. Martin Kuba visited India in return. Both sides work hard on deepening political and economic cooperation and support further boost of exchange of bilateral visits.
In New Delhi, H.E. Mr. Jan Mládek will be received by several Honorable Ministers of the Government of India. On January 28, 2015, H.E. Mr. Jan Mládek has planned a meeting with Hon´ble Minister of State for Commerce & Industry Mrs. Nirmala Sitharaman followed by meeting of the Czech-Indian Joint Commission for Economic Cooperation.
During the meeting both sides will pursue the enhancement of bilateral trade relations and try to identify new specific projects to be implemented on business, governmental or PPP level. The official meetings with Indian counterparts will beyond all doubt immensely contribute to identify further scopes for deepening the bilateral economic cooperation and provide the most effective ground for detailed discussion on broad topics of mutual interest.
On January 28, 2015, H.E. Mr. Jan Mládek will also inaugurate the “The Czech Republic - India Business Forum” organized by Federation of Indian Chambers of Commerce and Industry (FICCI), represented at the Czech side by numerous Czech business delegation comprising of companies active in the fields of transportation, aircraft industry, infrastructure, engineering and heavy engineering, metallurgy, pharmaceuticals, real estate developing and investment, arms industry etc. The interactive business meeting followed by lunch is estimated to be attended by more than 100 companies.
H.E. Jan Mládek will as well hold extensive talks with Hon´ble Minister of Heavy Industry Mr. Anant Gangaram Geet, Hon´ble Minister of Defence Manohar Pirrikar, Hon´ble Minister of Power and Energy Piyush Goyal, Hon´ble Minister of Civil Aviation Ashok Pusapati, Hon´ble Minister of Railways Mr. Suresh Prabhu and Hon´ble Minister for Steel and Mines Mr.Narendra Singh Tomar.
On January 30, 2015, Minister of Industry and Trade of the Czech Republic Mr. Jan Mládek will arrive to Mumbai in order to inaugurate the second round of “The Czech Republic - India Business Forum” followed by lunch with Hon´ble Minister of Industry of Maharashtra H.E. Subhash Desai. Furthermore, H.E. Mr. Jan Mládek will be received by Hon´ble Governor of Maharashtra Ch.V. Rao, Hon´ble Chief Minister of Maharashtra D. Fadnavis and other senior officials and representatives of the Government of Maharashtra.
Velvyslanectví České republiky Embassy of the Czech Republic
50-M, Niti Marg, Chanakyapuri, New Delhi
tel.: +91-11-2415 5200, fax: +91-11-2415 5270
www.mzv.cz/newdelhi
newdelhi@embassy .mzv.cz
The visiting delegation from the Czech Republic presents an outstanding business opportunities for their Indian counterparts in many areas, such as supply of machinery and equipment for transport infrastructure, aircraft industry, chemical and pharmaceutical industry, steel and metallurgy. Moreover, Czech companies will introduce scope of potential business in real estate development and in the field of financing and investment.
Economic ties between the Czech Republic and India have been historically very active. However, trade cooperation started to experience a new dynamic growth from the mid 1990’s when from nearly USD 100 million of mutual turnover in 1993 the bilateral trade exchange reached 1.6 billion USD of turnover in 2011. The current mutual goal of both countries is to reach USD 2 billion of turnover by 2015.
The Czech Republic is highly keen on investing in India. The largest and most well-known is the SKODA AUTO INDIA Pvt. Ltd. passenger car assembly plant. Czech investment flows to India in rising figures, among others to be mentioned Vítkovice Machinery Group, Home Credit, FANS or Škoda Power which have already invested considerably in India. On the other hand, the Czech Republic is also proud to welcome Indian investment whether it’s Infosys or Tata Group.
Both countries try hard to create safe and transparent environment for their business entities through agreements and proactive enhancement of mutual contacts on every-day basis. Therefore they have concluded an investment agreement, tax agreement as well as an Agreement on Economic Cooperation, with the latter also being the basis for the Czech-Indian Joint Commission for Economic Cooperation which meets every year on the ministerial level. The Czech Republic, as the EU member country, also supports the rapid conclusion of the Free Trade Agreement (FDI), which is currently under discussion.
Czech-India bilateral relations are also reflected in the frequency of high-level visits. In September 2012 the Czech Republic was visited by Hon´ble Minister of Commerce and Industry Mr. Anand Sharma and in March 2013 Minister of Industry and Trade of the Czech Republic H.E. Mr. Martin Kuba visited India in return. Both sides work hard on deepening political and economic cooperation and support further boost of exchange of bilateral visits.
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