Poland wants expand trade ties to new areas

Poland wants to strengthen its business ties with India in traditional industries like mining, but is also keen on expanding to new areas.

In Chennai on Saturday for a reception to celebrate Poland's Independence Day, Polish Ambassador to India Krzysztof Majka said old economy investments such as Lakshmi Mittal's steel interests and Videocon's manufacturing plant were still welcome in areas like mining, rail and port infrastructure, auto manufacturing and food processing. But Poland also wanted to look beyond these sectors to new areas like information technology, "where we can learn so much from India", education and tourism.

"For India, investing in Poland is a chance to enter the bigger European Union market," he said. Poland joined the European Union in 2004 and is presenting itself as an attractive investment destination based on its economic growth and reforms, divestment programme and position as a supply base to the east Europe.

Mr. Majka presented the Cavalier's Cross of Merit to John Prabakar, president, Indo-Polish Chamber of Commerce and Industries Tamil Nadu, in recognition of his efforts at strengthening Indo-Polish ties, both cultural and commercial, in Tamil Nadu and Kerala. The reception included a short performance by a string quartet, which gave a gala concert on the "Musical Landscape of Poland" on Sunday. This is one of the 51 events that make up the ongoing "Days of Poland" cultural festival.
Source:The Hindu, hindu.com