Embassy of India
Bucharest
Press Release
Subject: Embassy Hosts Interactive Session on “New India, New Opportunity” to Promote MSME Collaboration and Sectoral Partnerships with Romania
The Embassy of India in Bucharest organised a focused interaction titled “New India, New Opportunity” for leading Romanian business journalists and key economic stakeholders on 26 November 2025. The event highlighted India’s dynamic economic transformation, its robust MSME ecosystem, and the expanding avenues for India-Romania collaboration across priority sectors.
Ambassador Dr. Manoj Kumar Mohapatra delivered the keynote address and underscored the core pillars driving New India’s growth story, wide-ranging economic reforms, rapid digitalisation, innovation-led development, strengthened manufacturing capabilities, and a strong commitment to inclusive and sustainable progress. He also highlighted the Government of India’s long-term vision of Viksit Bharat @2047, outlining India’s aspirations to become a developed nation empowered by technology, entrepreneurship, and global partnerships.
The Ambassador also emphasised the far-reaching labour reforms undertaken by India recently, noting that a comprehensive modernisation of labour laws has been implemented through the consolidation of 29 central labour legislations into four simplified and industry-friendly Labour Codes. These reforms aim to create a more predictable and transparent regulatory ecosystem, enhance worker welfare and social security, promote ease of doing business, and support the growth of MSMEs and manufacturing industries. By introducing provisions for flexible work arrangements, streamlined compliance, and stronger protections for gig and platform workers, India is building a labour environment that encourages investment, boosts productivity, and aligns with global best practices. The Ambassador underlined that these reforms open new opportunities for Romanian companies seeking stable, skilled, and future-ready human capital partnerships in India.
A central focus of the interaction was India’s MSME sector, one of the world’s largest and most vibrant networks of micro, small, and medium enterprises. The Ambassador spoke about the sector’s expanding role in manufacturing, exports, innovation, and employment generation. He invited Romanian businesses and investors to explore opportunities in co-production, technology partnerships, trade diversification, supply chain linkages, and digital MSME solutions. He noted that India’s business-friendly reforms, unified digital platforms, and sector-specific incentives under schemes like Make in India, Start-up India, and the Production-Linked Incentive (PLI) framework have made India an increasingly attractive destination for economic engagement.
During the session, the Ambassador also briefed participants on India’s resilient macroeconomic performance, which continues to make it one of the world’s fastest-growing major economies. He outlined emerging opportunities for bilateral cooperation in areas such as renewable energy, IT & digital technologies, pharmaceuticals, manufacturing, film & creative industries, agriculture, and clean-tech solutions.
As part of the engagement, he further highlighted two major global events hosted by India:
(i) 56th International Film Festival of India (IFFI), Goa from 20–28 November 2025: A platform for global filmmakers, including from Romania, to collaborate in co-productions, film technology, content development, and creative partnerships, strengthening cultural and creative industry linkages.
(ii) India–AI Impact Summit 2026 from 16–20 February 2026: A premier forum bringing together global experts, industry leaders, and innovators to deliberate on AI-driven opportunities in manufacturing, MSMEs, governance, and emerging technologies.
The interaction served as an important platform for forty plus Romanian media representatives and sectoral stakeholders to gain first-hand insights into India’s transformative governance, economic reforms, and rising opportunities for bilateral trade and investment. It reaffirmed India’s commitment to working closely with Romania to deepen cooperation in MSMEs, technology, innovation, culture, and people-to-people ties.
The event concluded with a dynamic Q&A session featuring thoughtful questions from Romanian business journalists on India’s reform agenda, investment policies, digital economy, and global partnerships. The Embassy appreciates the active participation of all stakeholders and looks forward to continued engagement in advancing India–Romania economic and sectoral collaboration.
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Bucharest
Monday, November 27, 2025
