India, Romania Strengthen Trade and Industry Cooperation
ECONOMY & POLICY

India, Romania Strengthen Trade and Industry Cooperation

Minister of State for Commerce and Industry, Shri Jitin Prasada, led the Indian business delegation at the India–Romania Business Forum, organised by the Chamber of Commerce and Industry of Bra?ov (CCIBv) in partnership with the Embassy of India in Bucharest and the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India.

The engagement focused on expanding bilateral investment and industrial cooperation between the two countries, bringing together business leaders from key sectors such as automotive, aerospace, defence, renewable energy, engineering services, and information and communication technology (ICT).

In his address, Shri Prasada underscored India’s emergence as one of the fastest-growing major economies and invited Romanian enterprises to participate in India’s dynamic manufacturing and innovation ecosystem under the Make in India and Production Linked Incentive (PLI) schemes. He emphasised that India’s policy reforms, infrastructure modernisation, and ease-of-doing-business initiatives have created a conducive environment for global partnerships and technology-driven industrial growth.

A presentation on “Business Opportunities in India” showcased recent policy initiatives, streamlined investment processes, and state-level incentives across major industrial corridors. The forum also witnessed the signing of Memoranda of Understanding (MoUs) and matchmaking sessions designed to promote joint ventures, technology transfers, and industrial collaborations between Indian and Romanian enterprises.

The Bra?ov Forum marked a significant step in strengthening India’s trade and investment engagement with Central and Eastern Europe, reaffirming both nations’ shared commitment to long-term cooperation in sustainable manufacturing, green energy, and advanced technology sectors.

Bra?ov, symbolising modern Romania, represents a blend of legacy industries and emerging technologies where innovation and small and medium enterprises (SMEs) thrive. This progressive industrial ecosystem mirrors India’s own transformation through Make in India and Digital India initiatives, where micro, small and medium enterprises (MSMEs) and start-ups are central to inclusive economic growth.

The alignment between Bra?ov’s industrial expertise and India’s manufacturing, design, and engineering strengths offers immense potential for collaboration. Both nations aim to deepen economic linkages that promote sustainability, technology exchange, and mutual prosperity.

Minister of State for Commerce and Industry, Shri Jitin Prasada, led the Indian business delegation at the India–Romania Business Forum, organised by the Chamber of Commerce and Industry of Bra?ov (CCIBv) in partnership with the Embassy of India in Bucharest and the Department for Promotion of Industry and Internal Trade (DPIIT), Government of India. The engagement focused on expanding bilateral investment and industrial cooperation between the two countries, bringing together business leaders from key sectors such as automotive, aerospace, defence, renewable energy, engineering services, and information and communication technology (ICT). In his address, Shri Prasada underscored India’s emergence as one of the fastest-growing major economies and invited Romanian enterprises to participate in India’s dynamic manufacturing and innovation ecosystem under the Make in India and Production Linked Incentive (PLI) schemes. He emphasised that India’s policy reforms, infrastructure modernisation, and ease-of-doing-business initiatives have created a conducive environment for global partnerships and technology-driven industrial growth. A presentation on “Business Opportunities in India” showcased recent policy initiatives, streamlined investment processes, and state-level incentives across major industrial corridors. The forum also witnessed the signing of Memoranda of Understanding (MoUs) and matchmaking sessions designed to promote joint ventures, technology transfers, and industrial collaborations between Indian and Romanian enterprises. The Bra?ov Forum marked a significant step in strengthening India’s trade and investment engagement with Central and Eastern Europe, reaffirming both nations’ shared commitment to long-term cooperation in sustainable manufacturing, green energy, and advanced technology sectors. Bra?ov, symbolising modern Romania, represents a blend of legacy industries and emerging technologies where innovation and small and medium enterprises (SMEs) thrive. This progressive industrial ecosystem mirrors India’s own transformation through Make in India and Digital India initiatives, where micro, small and medium enterprises (MSMEs) and start-ups are central to inclusive economic growth. The alignment between Bra?ov’s industrial expertise and India’s manufacturing, design, and engineering strengths offers immense potential for collaboration. Both nations aim to deepen economic linkages that promote sustainability, technology exchange, and mutual prosperity.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->