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Kolkata, Sep 3 (UNI) Kolkata and Chennai are the prospective locations, mulled by the Czech Republic, when it comes to open more trade offices in a bid to facilitate bilateral trade with India.

This was informed here today by Embassy of the Czech Republic Councellor (Commercial) Vladimir Jenista, while speaking at an interactive session organised by the Confederation of Indian Industry (CII).

Mr Jenista said the Czech Republic's Trade and Industry Ministry had set up a consulate in Mumbai that also served as a trade promotion agency, adding the country had its embassy in New Delhi.

'' It is only in the planning stage. The trade office might come up either in Kolkata or Chennai, '' Mr Jenista said. However, he declined to give any timeframe in this regard.

Indian exports to Czech Republic grew by 52 per cent from USD 266.374 million(m) in 2006 to USD 403.804 m in 2007.

Similarly, imports from the latter to the former rose by 39 per cent from USD 398.990 m in 2006 to USD 555.295 m in 2007.

Bilateral trade between India and Czech Republic increased from USD 503.130 m in 2005 to USD 959.098 m in 2007.

Major export items from India to Czech Republic include iron and steel, textile yarn, fabrics, made-up articles, pharmaceutical products, footwear and organic chemicals, while telecommunication and sound-recording equipment, power generating machinery, metal working machinery and furniture contribute to the import.

Infosys, Ashok Leyland, Tata Tea-Tetley, Glenmark and Alok Industries are some of the Indian firms active in Czech Republic.


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