Minister of State for Commerce and Industry Jitin Prasada on Wednesday led an Indian business delegation to the India-Romania Business Forum held in Brașov. The event was organised by the Chamber of Commerce and Industry of Brașov (CCIBv) in partnership with the Embassy of India in Bucharest and the Department for Promotion of Industry and Internal Trade (DPIIT).
The forum focused on expanding bilateral investment and industrial cooperation between India and Romania, bringing together business leaders and industry representatives from key sectors such as automotive, aerospace, defence, renewable energy, engineering services, and ICT.
In his address, Prasada highlighted India’s emergence as one of the fastest-growing major economies and invited Romanian enterprises to take part in India’s vibrant manufacturing and innovation ecosystem under flagship initiatives like ‘Make in India’ and the Production Linked Incentive (PLI) schemes.
A detailed presentation on “Business Opportunities in India” showcased recent policy reforms, ease-of-doing-business measures, and state-level incentives across industrial corridors. The event also featured the signing of Memoranda of Understanding (MoUs) and matchmaking sessions to facilitate potential joint ventures, technology exchanges, and partnerships between Indian and Romanian companies.
The Brașov Forum marked an important milestone in India’s trade and investment engagement with Central and Eastern Europe, reaffirming the two nations’ shared commitment to deepening ties in sustainable manufacturing, green energy, and high-technology industries.
The Commerce & Industry Ministry described Brașov as a symbol of modern Romania, noting that the city’s blend of legacy industries and emerging technologies mirrors India’s vision under Make in India and Digital India, where MSMEs and start-ups are key drivers of inclusive growth.
“There exists enormous scope for collaboration between Brașov’s industrial strengths and India’s manufacturing, design, and engineering capabilities,” the Ministry said, underscoring the potential for a stronger, future-ready economic partnership between the two nations.