New Delhi, Sept 13 (KNN) India’s President Ram Nath Kovind and Miloš Zeman, President of Czech Republic, during his recent visit to Czech, welcomed the announcement of the new Consulates of the Czech Republic in Bengaluru and Chennai.

Happy with this announcement, Pushpak Prakash, Chairman-Defence supplier group FISME, said that Czech Republic is now focusing more on India.

SMEs are planning to build very big Czech industrial park in Bangalore he added.

He said “We have already started Czech business incubator in Pushpak Products in Bangalore with the support of embassy of Czech Republic in India, Czech Trade and AMSM CR Associations.”

With this initiative, Czech companies can come and start their activities without any investment initially, he added.

After the understanding of market and situation they can find their local partners from MSME/companies and they can build their business in Karnataka and other places of India, said Prakash.

He said “already five companies have started their business in the area of defence and engineering components, corporate interior, water saving technologies, and agriculture equipments.

Many more companies are expected to support make in India initiative of government of India, he added.

Kovind was on 3 day visit to Czech Republic from 6 to 9 September, where he held discussion on issues of mutual concern with Czech president.

For more information about the joint statement of President of India & Czech Republic, please go through this link: https://www.mzv.cz/newdelhi/en/bilateral_relation/India/joint_statement_of_presidents_of_india.html