In country session of Czech Republic, its Director Technical JM lagey, Jaro Slavira, Miloslav Staek and Jiri Janicker informed Madhya Pradesh’s entrepreneurs about industrial and commercial activities in their country.
Referring to SAIPAl company, lagey said that Skoda Auto India is successfully operating in India for last 7 years. Company’s experience here has been very good. He also informed about product range of Skoda India. He said the circumstance is changing fast in the country which signifies India’s bright future. Ongoing reforms process here will yield good results, he added.
Holding discussions on activities of Skoda Power Private limited, Jaro Slavira said that his country may
cooperate in latest turbine technology. He informed that six projects of Skoda Power are in various phases of implementation in India. Czech Trade Company’s Ashveer Khurana said that his organisation promotes trade between India and Czech Republic.
Peru to sign free trade agreement with India
Peru will soon sign a free trade agreement with India for enhancing export-import and investment opportunities with India and Madhya Pradesh. India and Peru have economic and historical similarities. Both are democratic country and votary to inclusive development. Under such circumstance, there are good opportunities for intensifying economic activities between the two countries.
This was stated by Peru’s ambassador luis Miguel Kabalo Aroyo at Peru’s presentation and interactive session organised at Brilliant Convention Hall in Indore on the first day of Global Investors Summit on Wednesday. Detailed information was also given on the occasion through a Power Point presentation about Peru’s economy, export-import and investment.
Interactive session was also held where Madhya Pradesh’s entrepreneurs held detailed discussions with Peru’s delegates.
Aroyo informed that natural-resources rich Peru has immense investment possibilities. Copper, tin, quinovo, silver etc. are found in abundance in Peru.
Peru’s Economic Consular Miguel Kabalo informed that Peru is exploring investment possibilities in India and Madhya Pradesh. Agei company of Peru is manufacturing cola drinks in India at present, which has good business in India and Madhya Pradesh.
Ties between Canada-India-MP to be strengthened
During country session of Canada at Global Investors Summit at Indore on Wednesday Canadian Trade Commissioner Mark Sylvain, Alain Oliver and Amit Shah held extensive discussions with Madhya Pradesh’s entrepreneurs on investment between Canada and Madhya Pradesh and various facilities. The three officers of Canada said that investment ties between Canada-India-Madhya Pradesh will be strengthened. They assured to motivate their country’s investors to invest in Madhya Pradesh.
Mark Sylvain informed through his presentation that there are sufficient possibilities of cementing ties between the two countries in view similarities between Canada and India. He said that Canada has got expertise in food security, energy security, infrastructure and knowledge-based sectors. His country can work in tandem with Madhya Pradesh in these sectors.
Sylvain informed Madhya Pradesh’s entrepreneurs about opportunities of industries and trade as well as policies, taxation system etc. in Canada. He said that fiscal institutions in Canada provide assistance to enterprises at very low rate of interest. He threw light on possibilities of cooperation with Madhya Pradesh in science & technology, engineering and other sectors.
Trade Commissioner of Ontario in Canada Amit Shah praised rapid growth of Madhya Pradesh. He said that fast development of industries in Madhya Pradesh will help state’s entrepreneurs to invest in Canada and those of Canada in Madhya Pradesh.
Quebec’s Trade Commissioner Alain Oliver offered to assist in construction of Smart Cities in Madhya Pradesh. He said that in Quebec focus has been made on manufacturing and high-tech products. He also informed about various ongoing development projects in Montreal.
Oliver said that Quebec can extend infrastructure and engineering services to India and Madhya Pradesh. He talked about his country’s expertise in water and waste management and cooperation with Madhya Pradesh in this sector. He said that trade with India and Madhya Pradesh is very important for his country. Shri Oliver also threw light on investment possibilities in energy, automobile, mining and agriculture sectors. Director of DI/GNOS informed about his organisation’s efforts for increasing diminishing eyesight of diabetes patients. On the occasion, some NRIs doing business in Canada also shared their experiences.