Slovakia stands to benefit from India’s vast consumer market, says Murmu
President Droupadi Murmu, on a state visit, has called delegates at the Slovakia-India Business Forum in Bratislava, to explore the diversification of trade basket between the two nations which have collaborated in various sectors over the years https://www.commerce.gov.in/.
The President said that India is undergoing a remarkable transformation, emerging as a global leader in technology, innovation, and sustainable development.
“We have seen significant success in renewable energy, digital technology, information technology, telecom, auto and auto-components, pharma and biotechnology, space and fintech https://fieo.org/.”
She stated that India is expected to become a US$5 trillion economy in the coming years, and “we hope to do it in partnership with our friends such as Slovakia”.
The President noted that Slovakia, with its strong industrial base and strategic location in Europe, presents great opportunities for deeper trade and investment ties while India is one of the fastest-growing economies in the world https://digitalinasia.com/.
“As a key member of the European Union and a hub for automotive, defence, and high-tech industries, Slovakia stands to benefit from India’s vast consumer market, skilled workforce, and thriving start-up ecosystem. She invited Slovak companies to join our ‘Make in India’ initiative,” the President said at the Forum on 10 April.
She also pointed out that Slovakia-India Business Forum serves as an excellent platform to explore synergies and build mutually beneficial partnerships. She urged business leaders to seize the opportunities and convert these into concrete results http://mea.gov.in.
In the subsequent engagement, the President visited the Constantine the Philosopher University in Nitra where she was conferred with Honoris Causa Doctorate degree in recognition of her distinguished career in public service and governance, advocacy for social justice and inclusion, and contribution towards education, women empowerment and promotion of cultural and linguistic diversity https://www.ukf.sk/en/university.
In her acceptance speech, the President said that this is an honour, which is being bestowed upon a country, and civilization that has been a beacon of peace and learning since time immemorial. Receiving this degree from an institution named after the philosopher Saint Constantine Cyril, is especially meaningful https://www.meity.gov.in/.
The President, along with President Peter Pellegrini, visited the Jaguar Land Rover Factory in Bratislava and watched the manufacturing facilities of the plant. Fiinews.com
