Industry leaders from Slovakia have shown strong confidence in India’s economic direction and reform agenda under Viksit Bharat. This confidence was expressed during a meeting between Prime Minister Narendra Modi, Slovak Prime Minister Robert Fico, and top Slovak business executives. The leaders discussed expanding investments, forming technology partnerships, and enhancing business ties with Indian companies.
Prime Minister Modi emphasized India’s transition into a transparent and investor-friendly economy due to various structural reforms and policies that enhance the ease of doing business. He encouraged Slovak companies to explore opportunities in infrastructure, defense manufacturing, renewable energy, digital innovation, semiconductors, artificial intelligence, and healthcare.
Slovak industry representatives welcomed India’s reform-driven growth narrative and showed positivity towards the country’s long-term economic outlook. They indicated interest in bolstering their presence in India through increased investments, joint ventures, technology collaborations, and business expansion. The executives also appreciated the India-European Union Free Trade Agreement, foreseeing its potential to boost trade and investment opportunities while reinforcing economic bonds between India and European enterprises.
The engagement witnessed the participation of senior executives from prominent Slovak firms like Tatravagonka, ESET, Grand Power Ltd, Penta Hospitals International, Matador, VUJE, VIPO, MicroStep-MIS, VRM, Eco Investments, and Klub 500. This interaction signifies the growing economic collaboration between India and Slovakia, with a mutual interest in leveraging strengths in manufacturing, technology, healthcare, defense, and innovation-driven sectors. As India progresses towards achieving developed nation status under the Viksit Bharat vision, foreign industry leaders increasingly view the country as a strategic destination for long-term investments and partnerships.
