SME Times News Bureau | 16 Jan, 2018
Polish companies may
explore opportunities at commercial coal mining in India if conditions are
right, said a minister from the eastern European country here on Monday.
A high-level Polish delegation comprising government officials and
representatives of firms, chamber of commerce, financial and educational
institutes has arrived in the city to participate in the state's two day
business meet - Bengal Global Business Summit - starting Tuesday.
"There is strong conviction to look at India with more interest by Polish
companies if the conditions are right," said Deputy Minister of Foreign
Affairs Marek Magierowski, while responding to a query about interest in
commercial coal mining by Polish firms.
According to him, the Indian mining sector has been using Polish technology and
machinery extensively and many Polish companies are now looking beyond Europe
to find new markets and opportunities.
India is currently working on a methodology for offering coal blocks for commercial
mining.
"We are a country where the energy need is covered mostly by coal and coal
extraction. We would like to share that expertise with Indian companies. We
have the appropriate technology," he said.
The European country will showcase Silesia region in the Bengal business
gathering as a potential region for economic partnership between Bengal and the
province.
"There are regions in Poland which can offer something more original and
attractive to foreign partners. Silesia in Poland is known for its coal and
industry and this part of of India is well known for production of coal,"
Magierowski said at a Bengal Chamber-organised session.