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4.-7.10. 2022

International Engineering Fair

India will be the Partner Country of MSV 2017


The title of partner country of this year's International Engineering Fair, which takes place at the Brno Exhibition on 9 to 13 October, will be given to India again after five years.

India is undoubtedly among the key economic powers, and after China it becomes the second most important trading partner of the Czech Republic from among the BRICS countries (Brazil, Russia, India, China, South Africa). India has the potential to become the third largest economy in the world in the medium term. Modernization and development create interesting opportunities for Czech companies. According to Global Finance Magazine it is an economy with the highest growth potential in the world.

For the Czech Republic, India belongs to very important trading partners and a priority country under the Czech Republic Export Strategy 2012 - 2020. Imports and exports between the two countries are increasing periodically, and so does the presence of Czech companies in the Indian market. Besides Skoda Auto, companies such as Bonatrans, Likos and others invested in India, while others have equity participation in India's manufacturing sector. Bilateral trade exceeds USD 1.5 billion annually.

The Czech Republic has a very good reputation in India due to earlier delivery of investment equipment and plants. Promising areas for Czech companies in the Indian market include transport infrastructure, power engineering, mechanical engineering, mining machinery, food processing equipment and "new industries" such as bio- and nanotechnology.

"Our Indian partners, including relevant government institutions, confirmed that India, in addition to official participation at the industrial fair in Hannover and Moscow, will again take part in MSV in the role of Partner Country. It is the result of long diplomatic negotiations at government level. We expect that India will be introduced in the scope and quality of last year’s China pavilion," said Brno Trade Fairs CEO Jiří Kuliš.

Indian participation will be managed by the EEPC Agency (Engineering Export Promotion Council), which brings together more than 14 000 Indian mostly small and medium enterprises. Indian organizers are planning a joint exhibition space with the participation of more than a hundred exhibitors from the plastics, automotive, heavy engineering, steel production, automation, as well as information technology sectors. India’s presentation will also focus on attracting investment support under the campaign "Make in India" and tourism promotion campaign "Incredible India".

The trade fair will be attended by an official Indian delegation led by Minister for Trade Ms Nirmala Sitharaman, who will lead discussions at government level and encourage the participation of Indian companies. A Czech-Indian Economic Conference to promote mutual trade and other themed corporate workshops will be held during the fair.

Date: 24 Jun 2017 11:43:00

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