Trade Resources Company News Poland Likely to Invest in Indian Food Processing Sector

Poland Likely to Invest in Indian Food Processing Sector

Poland has reportedly put forward plans to invest in food processing technologies and farm machinery in the Indian state of Punjab.

The move is expected to double the bilateral trade between the two countries to $5bn by 2018, Financial Express reported.

During his recent visit to Poland, Punjab deputy CM Sukhbir Singh Badal invited Polish companies to establish small food and fruit processing units in the state.

In addition to interacting with the Polish industry, Badal gave a summary of the reforms contributing to the transformation of the Indian economy and presented the strong governance and agriculture credentials of Punjab.

Polish deputy PM and Minister of Economy Janusz Piechocinski said that Poland will be a partner country for the Progressive Punjab Investors Summit to be held in Mohali this October.

Indian ambassador to Poland & Lithuania Ajay Bisaria said: "The deputy CM accompanied by businessmen and officials also visited a dairy plant, fruit & vegetable processing plant and a flower cultivation greenhouse facility."

Source: http://www.food-business-review.com/news/poland-likely-to-invest-in-indian-food-processing-sector-110815-4644467
Contribute Copyright Policy