Poland seeks investment from Indian SMEs
Updated: Jul 17, 2013 05:13:07pm
New Delhi, July 17 (KNN) Poland has invited investment from Indian small and medium enterprises (SMEs) offering them opportunities in a number of areas including food processing, energy sector, etc.
India and Poland will be celebrating the 60th anniversary of their diplomatic relations next year and to commemorate the same will organise business interactions and events in order to increase bilateral trade, said Piotr Klodkowski, Ambassador, Embassy of the Republic of Poland.
With regard to small and medium enterprises (SMEs), he said, they generate more jobs than any other sector, not just in India but also in Poland.
“We are more interested in inviting SMEs to invest in our country as big industries have a tendency to shift from one place to another. We will love to explore the energy sector, which has scope to flourish more,” Klodkowski said here yesterday.
He was addressing a seminar on Business Opportunities with Poland, organised jointly by the Federation of Indian Micro and Small and Medium Enterprises (FISME) and the Embassy of the Republic of Poland.
Further, the Government of Poland, he said was planning to come up with an Energy Summit as it wants to invest in the energy sector in India.
Currently, the Chinese are investing a lot in Poland as it is the 12th most attractive destination for Foreign Direct Investment (FDI) and the third fastest growing country in the European Union, the Ambassador said.
“We are ready to share new ways of manufacturing goods and will organise some sort of workshops for small entrepreneurs in future,” the Ambassador said, in response to a question by Chairman of Enkay Sagar Holdings Pvt Ltd Naresh Kumar Sagar, about sharing the latest technology with Indian SMEs.
He also said that that the Government of Poland was interested in the food processing industry, which has not flourished well in India. Interested SMEs can enquire about it from the Polish officials.
Sagar also mentioned skill shortages in SME sector from level one to four and sought Poland’s help in this regard.
“There are many Polish centres already training workers in India. People here are loyal and eager to learn and that is why we are already helping them to work with new technologies. Training them in return will help us to manufacture more goods of better qualities. So we extend full support to them, Klodkowski answered.
Meanwhile, bilateral trade between both the countries for the year 2012-13 was 1.7 billion USD, the export was of 810 million USD and import was of 874 million USD. It was in favour of Poland, said Anil Bhardwaj, Secretary General FISME.
In 2006, HCL Technologies started looking for a European centre and selected Poland because of its geographical location.
“Doing business with Poland is extremely comfortable as we got help from the government. Labour laws are better than any other European country. We are now doing a business of 20 million USD in Poland”, said Sameer Chawla, General Manger, HCL Technologies.
“A large number SMEs are interested in doing businesses with other countries but they are unaware of how to go about it; we organised this programme to help them,” said Joint Secretary-International Trade, FISME, Mukesh Kalra.
The objective of the event was to increase bilateral trade between both the countries. (GUNJ/KNN)
India and Poland will be celebrating the 60th anniversary of their diplomatic relations next year and to commemorate the same will organise business interactions and events in order to increase bilateral trade, said Piotr Klodkowski, Ambassador, Embassy of the Republic of Poland.
With regard to small and medium enterprises (SMEs), he said, they generate more jobs than any other sector, not just in India but also in Poland.
“We are more interested in inviting SMEs to invest in our country as big industries have a tendency to shift from one place to another. We will love to explore the energy sector, which has scope to flourish more,” Klodkowski said here yesterday.
He was addressing a seminar on Business Opportunities with Poland, organised jointly by the Federation of Indian Micro and Small and Medium Enterprises (FISME) and the Embassy of the Republic of Poland.
Further, the Government of Poland, he said was planning to come up with an Energy Summit as it wants to invest in the energy sector in India.
Currently, the Chinese are investing a lot in Poland as it is the 12th most attractive destination for Foreign Direct Investment (FDI) and the third fastest growing country in the European Union, the Ambassador said.
“We are ready to share new ways of manufacturing goods and will organise some sort of workshops for small entrepreneurs in future,” the Ambassador said, in response to a question by Chairman of Enkay Sagar Holdings Pvt Ltd Naresh Kumar Sagar, about sharing the latest technology with Indian SMEs.
He also said that that the Government of Poland was interested in the food processing industry, which has not flourished well in India. Interested SMEs can enquire about it from the Polish officials.
Sagar also mentioned skill shortages in SME sector from level one to four and sought Poland’s help in this regard.
“There are many Polish centres already training workers in India. People here are loyal and eager to learn and that is why we are already helping them to work with new technologies. Training them in return will help us to manufacture more goods of better qualities. So we extend full support to them, Klodkowski answered.
Meanwhile, bilateral trade between both the countries for the year 2012-13 was 1.7 billion USD, the export was of 810 million USD and import was of 874 million USD. It was in favour of Poland, said Anil Bhardwaj, Secretary General FISME.
In 2006, HCL Technologies started looking for a European centre and selected Poland because of its geographical location.
“Doing business with Poland is extremely comfortable as we got help from the government. Labour laws are better than any other European country. We are now doing a business of 20 million USD in Poland”, said Sameer Chawla, General Manger, HCL Technologies.
“A large number SMEs are interested in doing businesses with other countries but they are unaware of how to go about it; we organised this programme to help them,” said Joint Secretary-International Trade, FISME, Mukesh Kalra.
The objective of the event was to increase bilateral trade between both the countries. (GUNJ/KNN)
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