President Ram Nath Kovind on Friday invited Czech Republic’s defence companies to invest and manufacture in India, noting that defence was a vital area of cooperation between the two countries.
Addressing the Czech-Indian Business Forum at Prague during his ongoing State visit to Czech Republic, Kovind said that the requirements of India’s defence sector, which was opened to private sector recently, were huge.
Stating that the Indian economy was dynamic and strong, Kovind urged Czech enterprises to explore, initiate and expand their footprint in India.
Indian companies are also keen to establish new business tie-ups and locate themselves in Czech Republic, he added.
“I invite you to partner us in India’s exciting and transformative journey, which is going to usher in a new era to not only India and Czech Republic, but to the entire world,” he said. Read More