Industry

Poland eyes India mining sector

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Delegation holds talks with Coal India

Polish companies may be interested in getting into commercial mining in India provided the conditions are right, said Marek Magierowski, Polish Deputy Minister, Ministry of Foreign Affairs.

Mr. Magierowski, who is leading a delegation organised by the Indo-Polish Chambers of Commerce and Industry (BCCI), was speaking to the media after an industry interaction organised by the Bengal Chamber of Commerce and Industry.

The delegation, comprising Ministers and representatives of trade and industry, is in the city to attend Bengal Global Business Summit beginning here on January 16. Among Poland’s area of expertise was deep mining in copper and coal. “We are offering this technology,” he said.The delegation also held discussions with Coal India Ltd. officials.

Poland, which participated in the Vibrant Gujarat Summit, is revisiting West Bengal after a year. Its other other areas of interest include energy, food processing, defence and innovation.

The Deputy Minister said his country’s economy had been developing steadily since the collapse of communism, growing at a ‘dynamic’ 4-4.5%. Unemployment stood at a ‘low’ 4%. “We are not really promoting business here, but we want to boost trade relations with India which is a priority country for us,” he said.”

BCCI president-designate Indrajit Sen said India and Poland had jointly etched out a roadmap for strengthening co-operation in areas like thick-seam underground coal mining, exploitation of gassy seams , developing clean coal technologies and transfer of technology in deep coal mining from Poland to India.

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Printable version | Jan 24, 2020 11:14:54 PM | https://www.thehindu.com/business/Industry/poland-eyes-india-mining-sector/article22444734.ece

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