Shri Jitin Prasada, Minister of State for Commerce & Industry, led the Indian business delegation at the India–Romania Business Forum held in Brașov. Organised by the Chamber of Commerce and Industry of Brașov (CCIBv), in partnership with the Embassy of India in Bucharest and DPIIT, Government of India, the forum focused on expanding investment and industrial collaboration between India and Romania.
Focus on Priority Sectors
The forum brought together business leaders from key sectors such as automotive, aerospace, defence, renewable energy, engineering services, and ICT. Shri Prasada highlighted India’s position as one of the fastest-growing major economies, inviting Romanian enterprises to join India’s vibrant manufacturing and innovation ecosystem through initiatives like Make in India and the Production Linked Incentive (PLI) schemes.
Business Opportunities and Partnerships
A detailed presentation on “Business Opportunities in India” showcased recent policy reforms, ease-of-doing-business measures, and state-level incentives across industrial corridors. The event also featured the signing of Memoranda of Understanding (MoUs) and matchmaking sessions aimed at fostering joint ventures and technology partnerships between Indian and Romanian companies.
Strategic Importance of Brașov
Brașov symbolizes modern Romania where legacy industries blend with advanced technologies, and where MSMEs and startups thrive. This spirit resonates with India’s vision under Make in India and Digital India initiatives, positioning MSMEs and startups as engines of inclusive growth. The forum highlighted the vast potential for collaboration between Brașov’s industrial capabilities and India’s strengths in manufacturing, design, and engineering.
Conclusion
The India–Romania Business Forum in Brașov marks a significant milestone in strengthening economic and trade ties with Central and Eastern Europe. It reaffirms the commitment of both nations towards long-term sustainable industrial cooperation in manufacturing, green energy, and high-technology sectors, promising a prosperous partnership ahead.
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Source: PIB
