President Droupadi Murmu addressed the Slovakia-India Business Forum in Bratislava on Thursday and expressed India’s commitment to enhancing trade ties with Slovakia.
She stated that the Slovakia-India Business Forum serves as an excellent platform to explore synergies and build mutually beneficial partnerships. She urged business leaders to seize the opportunities and convert them into concrete results.
In her address at the Slovakia-India Business Forum, President Murmu said, “India is committed to enhancing trade relations with Slovakia. The large business delegation, representing diverse fields, which has accompanied me, clearly shows the interest of Indian businesses to explore opportunities in Slovakia. We have seen a similar interest from Slovakia.”
President Murmu noted that Slovakia has started to benefit from India’s consumer market, skilled workforce and startup ecosystem. She stated that the automotive sector has emerged as a strong link between Slovakia and India.
She said, “India is one of the fastest-growing economies in the world, and Slovakia, with its strong industrial base and strategic location in Europe, presents great opportunities for deeper trade and investment ties. As a key member of the European Union and a hope for automotive defence and high-tech industries, Slovakia has started to benefit from India’s consumer market, skilled workforce and startup ecosystem. The automotive sector in particular has emerged as a strong link between our two nations. Tata Motors subsidiary, Jaguar Land Rover has made a significant investment in Slovakia, including a manufacturing facility in Nitra operating since 2018.
“This state-of-the-art plant producing models like the Land Rover Discovery and defender underscores Slovakia’s growing role in global automobile manufacturing. I appreciate President Pellegrini’s valuable contribution in facilitating this investment which has further deepened our economic partnership. Beyond the automotive industry, many other Indian companies established a presence in Slovakia, many of whom are represented here today. Similarly, several Slovak firms are actively participating in India’s industrial growth. These collaborations highlight the growing depth of our economic engagement,” she added.
She expressed confidence that Indian talent can be valuable partner in Slovakia’s economic progress. She emphasised that the trade between India and Slovakia has been growing, with the trade crossing 1.2 billion euros in 2024.
President Murmu said, “Slovakia is looking for hardworking, skilled workers and professionals from overseas to help meet its workforce requirements. I am convinced that Indian talent can be a valuable partner in Slovakia’s economic progress. Bilateral trade between India and Slovakia has been growing steadily. In 2024, trade crossed 1.2 billion euros. I believe this figure remains far below our true potential. This business forum serves as an excellent platform to explore synergies and build mutually beneficial partnerships. Today, I urge our business leaders to seize the opportunities and convert these into concrete treasures. The time has arrived to accelerate this growth.”
On her participation in Slovakia-India Business Forum, President’s Secretariat in a post on X wrote, “President Droupadi Murmu addressed the Slovakia-India Business Forum in Bratislava. The President said that the Slovakia-India Business Forum serves as an excellent platform to explore synergies and build mutually beneficial partnerships. She urged business leaders to seize the opportunities and convert these into concrete results.”