Profile of India’s export basket to Poland is fairly diversified
bulk tea, coffee, unmanufactured tobacco, de-oiled cakes, black pepper, cotton yarn, cotton textiles, made-ups and apparel, jute manufactures, mica and mica products, light engineering products like hand tools and consumer electronics and some machinery items like machine tools and textile machinery
equipment for power stations, railway equipment such as wheel sets, rails etc., coal mining machinery, ships and ship engines, machine tools, other capital goods and commodities such as coking coal, sulphur, rapeseed oil, chemicals and pharmaceuticals, ferrous and non-ferrous metals.
Cooperation in the coal sector started in the early 1960s
Supply of mining machinery, equipment and technical know-how
Elektrim delivered machines, equipment and installations for 11 power plants in India (Kaperkheda, Paras, Bhusava and Koradi in Maharashtra; Barauuni and Bokaro in Bihar; Basin in Bridge in Tamil Nadu; Durgapur in West Bengal; Rourkela in Orissa; and the Talcher power plant)
Electrim has additionally supplied a variety of transformers, switchboards and other power transmission equipment and constructed a 75MW power plant in the Kuchch region of Gujarat on a turn-key basis
Poland has been a supplier of railway equipment, particularly wheels, axles and rails, as well as turbines and diesel engines to India.
India and Poland are both seeking foreign direct investment and are thus not yet major capital exporting countries
Polish investments in India from 1991 to Nov 2003 amounted to USD 4.19 million, while Indian investments in Poland up to February 2000 amounted to USD 1.12 million (Source: Secretariat for Industrial Assistance, New Delhi)
Indian investments in Poland mainly involve trade offices/warehousing facilities
M/s Ranbaxy Ltd. Has set up a representative office in Poland.
In Poland : There are three Indo-Polish joint ventures
(a) between M/s Escorts and Pol-Mot for import and assembly of tractors in Mragowo, Poland.
(b) TZMO S.A. Manufacturer of hygiene products and Premier Enterprises in Tamil Nadu, India have formed a joint venture company called Bella Premier Hygiene Care Pvt Ltd to produce health care & hygienic products
(c) LNM Holdings has acquired Polska Huta Stali on 5 th March 2004 and renamed it Ispat Polska Stal – capacity to produce 6 million tons of Steel every year.
In India : between Bobkay Engineers Pvt Ltd, Mumbai and Enko SA, Gliwice, Poland for manufacture of high quality electro-magnetic flow meters for food processing industry, especially for dairy sector.