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Indian companies to invest in Belarus

Indian companies are ready to invest in the Belarusian economy, said Ambassador Extraordinary and Plenipotentiary of India to Ramesh Chander as he met with Grodno oblast senior officials on June 11. 

According to the Ambassador, the global crisis did not hit ’s economy as hard as it did in Europe and the . At the same time made substantial progress in such industries as metallurgy, mining, automobile construction, power engineering, and IT. Indian companies are ready to invest in the Belarusian economy. 

“It is important to expand information cooperation between our countries; new business contacts can be established only if businessmen of the two countries are informed about cooperation prospects. To date, the cooperation between the Grodno oblast and is insignificant. There no large-scale joint projects which can be implemented in and ,” the diplomat said. 

According to Ramesh Chander, the sides should apply greater efforts to inform each other about potential projects in various areas, including tourism, education and science. “About 3.5 million Indian tourists visit Europe every year, they might also come to if they know about the tourist attractions of this country,” he said. 

Apart from that, there is an opportunity to attract more Indian students to study in and promote Indian training programme ITEC among Belarusian students. 

First Deputy Chairman of the Grodno Oblast Executive Committee Ivan Zhuk said that the Grodno oblast and could make the bilateral trade more vibrant. “The products made in Grodno can satisfy most exacting Indian customers, and the Belarusian market presents many opportunities for Indian products. In the conditions of the economic crisis, our countries could help each other, after all, we do not compete on the international market,” he said. 

On June 11, the Indian Ambassador visited Grodnoenergo, Grodno State Medical University , and Puppet Theater; on June 12 he is to visit Grodno Khimvolokno, ZovLenevromembel, and to meet with FEZ Grodnoinvest administration. He is also to attend the opening of an exhibition of Indian goods that is to be held in Grodno Ice Palace on June 12.

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