India-Czech trade may reach $3 bn by 2015

Top Stories

»	Sensex, Nifty open 1 pc lower amid West Asia tensions, weak global cues
»	India clocks robust 7.7 pc GDP growth in 2025-26, Q4 growth at 7.8 pc
»	RBI keeps repo rate unchanged at 5.25 pc, maintains ‘Neutral’ stance
»	Crude oil prices fall over 1 pc as ceasefire hopes ease West Asia concerns
»	Forced labour import curbs: US proposes up to 12.5 pc tariff on 60 countries, including India

SME Times News Bureau | 06 Apr, 2012
Bilateral trade between India and the Czech Republic could reach USD 3 billion by 2015, Czech ambassador to India Miloslav Stasek said Thursday.

"Bilateral trade between the two countries stood at USD 1.5 billion in the last fiscal. We are hoping that it would reach to USD 2 billion by the end of the current fiscal," Stasek told reporters on the sidelines of an Engineering Export Promotion Council (EEPC) regional award presentation ceremony in Kolkata.

"We feel it (trade) can reach to USD 3 billion by 2015," he said.

Tourism and automotive sectors were the major areas which could boost the trade between the two countries, Stasek said.

"One-third of the total bilateral trade between India and the Czech Republic is contributed by automotive sectors," he added.