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Ambassador's Dr. Manoj Kumar Mohapatra meeting with In-Business Club Suceava members

Posted on: December 12, 2025 | Back | Print

Embassy of India,

Bucharest 

Press Release

December 12, 2025

During his visit, Ambassador Dr. Manoj Kumar Mohapatra, addressed members of the In-Business Club Suceava on 10th December, 2025, spotlighting India's dynamic economic growth and the vast opportunities for Romanian enterprises to invest in, source from, and partner with India. This proactive engagement reinforces the deepening bilateral economic ties between the two nations, fostering mutual prosperity and strategic collaboration.

India's economy continues its remarkable ascent, with GDP growth projected at over 7% for FY 2025-26, positioning it as the world's fastest-growing major economy. Ambassador Kumar elaborated on key drivers such as digital transformation, renewable energy, pharmaceuticals, infrastructure, and advanced manufacturing. He particularly highlighted government initiatives like "Make in India," Production Linked Incentive (PLI) schemes, and the India-EU Trade and Technology Council, which provide Romanian businesses with seamless entry points for joint ventures, technology transfers, supply chain diversification, and market access.

"India stands as a land of boundless opportunities for innovative Romanian companies. From IT and green energy to healthcare and logistics, our complementary strengths can drive win-win partnerships that benefit both economies," stated Ambassador Kumar. "We invite you to visit India, explore our vibrant business ecosystem, and build lasting collaborations."

The meeting saw enthusiastic participation from representatives of leading Romanian firms, including Carpatis & Fabrica Veche, Ecooptic, Avastar România, Spălătoria din Cartier, Fiziomed, Amis, Denis, Office Consulting, AGN, and Fusion, among others. These companies expressed strong interest in organizing business visits to India to scout investment prospects, participate in trade fairs, and engage with Indian counterparts.

This event aligns with the upward trajectory of India-Romania relations, where bilateral trade has surged by over 20% in recent years, reaching new milestones. The Embassy of India is actively facilitating B2B matchmaking through platforms like the India-Romania CEO Forum, upcoming trade delegations, and sector-specific webinars. Future initiatives include a Romania Business Mission to India in early 2026, focusing on high-potential areas such as renewables, AI, and pharmaceuticals.

In a separate engagement, Ambassador Kumar met with the President and Executive President of the Chamber of Commerce and Industry of Suceava and invited them to lead a business delegation to India to explore concrete partnership opportunities. The Ambassador also extended invitations to the President of the Suceava County Council and the Prefect of Suceava County to visit India at mutually convenient dates. He underlined that Suceava is expected to play a significant role in the future reconstruction of Ukraine, an area in which many Indian companies have already shown interest in engaging with the region.

Indian investments in the region, alongside Suceava's strategic location near Ukraine, position it as a key hub for future India-Romania-Ukraine trilateral economic cooperation in reconstruction and infrastructure development and Mission is committed to promoting economic diplomacy and creating value-driven platforms for Romanian businesses to tap into India’s more than $4 trillion economy.

                                                    

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