'Great potential of trade b/w India and Poland'

Mumbai, June 28: There are tremendous possibilities for improving trade ties between India and Poland, which could be tripled in three years from the present level 560 million dollar to 2 billion dollar, said Mr Marek Moron, Consul General of Poland.

He was addressing the Indo Polish Chamber of Commerce&Industry (IPCCI) set up under the aegis of All India Association of Industries (AIAI) at a reception organised in his honour here today.

Mr Moron said that the sectors like agro, pharma, textile, tea, heavy engineering, engineering and auto components, defence and IT which play a major role in the economy should be treated as thrust sectors .

On the occasion, Mr Vijay Kalantri, President, Indo Polish Chamber of Commerce&Industry (IPCCI) and All India Association of Industries (AIAI), said the IPCCI has been very actively promoting the trade ties between India and Poland with the support of the respective diplomatic missions.

In the fifth year since its inception, the IPCCI has organised trade delegations to Poland as well as B2B meetings for visiting trade delegations. IPCCI also organised the first largest Indian exhibition last year in Poland with a participation of over 100 companies and 162 business delegates. Mr Kalantri also stated that during the last five years, trade between India and Poland has tripled from 200 million dollar to 560 mildlion dollar.

Mr Kalantri said that as India has been organising such functions similarly, Poland should reciprocate.

Recently, IPCCI also participated in the business delegation to Poland which accompanied Mr Kamal Nath, Minister of Commerce and Industry and Mr Anand Sharma, Minister of State, Ministry of External Affairs.

Mr T S Bhattacharya, Chairman and Managing Director, State Bank of India and other bankers, industrialists, dipldomats and others attended the function.

UNI