President of India Addresses Slovakia-India Business Forum
ECONOMY & POLICY

President of India Addresses Slovakia-India Business Forum

On the second day of her official visit to Slovakia (10 April 2025), President of India Smt Droupadi Murmu addressed the Slovakia-India Business Forum in Bratislava, emphasising the importance of expanding economic cooperation and inviting Slovak companies to participate in the ‘Make in India’ initiative.

In her address, the President noted that India and Slovakia share a long-standing friendship, with growing cooperation across diverse sectors. She encouraged both sides to broaden their trade basket, especially as India experiences a phase of profound transformation in technology, innovation, and sustainability.

President Murmu highlighted India’s advancements in renewable energy, digital technology, telecommunications, pharmaceuticals, biotechnology, space and fintech, stating that the nation is on course to becoming a $5 trillion economy, with global partnerships—including Slovakia—playing a key role in that journey.

She observed that Slovakia’s robust industrial base and strategic European position make it an ideal partner for India’s dynamic, large-scale consumer market and thriving start-up ecosystem. As a hub for automotive, defence, and high-tech industries, Slovakia could benefit immensely from greater engagement with India.

The President described the Forum as a vital platform for identifying synergies and building mutually beneficial partnerships. She expressed confidence that the deliberations would translate into enduring cooperation and concrete outcomes.

On the second day of her official visit to Slovakia (10 April 2025), President of India Smt Droupadi Murmu addressed the Slovakia-India Business Forum in Bratislava, emphasising the importance of expanding economic cooperation and inviting Slovak companies to participate in the ‘Make in India’ initiative. In her address, the President noted that India and Slovakia share a long-standing friendship, with growing cooperation across diverse sectors. She encouraged both sides to broaden their trade basket, especially as India experiences a phase of profound transformation in technology, innovation, and sustainability. President Murmu highlighted India’s advancements in renewable energy, digital technology, telecommunications, pharmaceuticals, biotechnology, space and fintech, stating that the nation is on course to becoming a $5 trillion economy, with global partnerships—including Slovakia—playing a key role in that journey. She observed that Slovakia’s robust industrial base and strategic European position make it an ideal partner for India’s dynamic, large-scale consumer market and thriving start-up ecosystem. As a hub for automotive, defence, and high-tech industries, Slovakia could benefit immensely from greater engagement with India. The President described the Forum as a vital platform for identifying synergies and building mutually beneficial partnerships. She expressed confidence that the deliberations would translate into enduring cooperation and concrete outcomes.

Next Story
Infrastructure Transport

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Next Story
Infrastructure Transport

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Next Story
Infrastructure Urban

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement