Bratislava, June 15: During his visit to Slovakia, Prime Minister Narendra Modi met with prominent Slovak industrialists and business leaders. The discussions focused on enhancing investment, technical partnerships, and business opportunities between the two nations.
Prime Minister Modi, alongside Slovak Prime Minister Robert Fico, engaged with key industry representatives from various sectors, including railways, defense, automotive, energy, IT, and healthcare.
He praised the growing business-to-business relations between India and Slovakia. Modi emphasized the significant reforms and policy initiatives India has undertaken in recent years to promote the ‘Ease of Doing Business’ and create a transparent, stable, and investor-friendly economic environment.
The Prime Minister invited Slovak companies to seize the increasing opportunities in India, particularly in infrastructure, defense, renewable energy, digital innovation, semiconductors, AI, and healthcare.
Industry leaders welcomed the reforms India is implementing towards its goal of a developed nation. They expressed confidence in India’s economic progress and showed interest in increasing their investments, forming technical partnerships, and establishing joint ventures with Indian companies. They also welcomed the anticipated completion of the India-European Union (EU) Free Trade Agreement (FTA), which is expected to open new business opportunities for them.
Ministry of External Affairs spokesperson Randhir Jaiswal shared on social media platform X that Prime Minister Modi met with leaders from various Slovak business sectors, including railways, defense, automotive, energy, nuclear energy, IT, and healthcare.
The Prime Minister highlighted the major reforms and policy initiatives launched by India in recent years, including the ‘Peace’ Act, encouraging Slovak companies to capitalize on the growing opportunities in India.
Jaiswal noted that discussions also covered deepening economic ties in transportation, green energy, new technologies, and defense production, as well as increasing investment flows and enhancing technical cooperation.
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