Polish IT industry sees Karnataka as a key hub and explores cross investment opportunities Karnataka IT secretary addresses dele

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Karnataka IT Secretary, Mr. Ashok Kumar C.Manoli today addressed a delegation of more than 20 fast growing Polish and IT companies and leading industry representatives today and reaffirmed that the state is open to MoU opportunities with Poland

Bangalore, February 14, 2011: Karnataka IT Secretary, Mr. Ashok Kumar C.Manoli today addressed a delegation of more than 20 fast growing Polish and IT companies and leading industry representatives today and reaffirmed that the state is open to MoU opportunities with Poland for bi-lateral cooperation in areas of mutual interest and transfer of technology, especially in the fields of IT and biotechnology. Mr. Manoli was speaking at the “Indo-Polish Business Interaction”, organized by leading international market intelligence and consulting firm, IBI Consulting. He announced that the state had already entered into MoUs with the states of Victoria and Bavaria and had finalized a MoU with Israel.
His Excellency Pjotr Klodkowski, Ambassador of the Republic of Poland in India and Robert Seges, Head of Services Team, Polish Information and Foreign Investment Agency also spoke at the Business Forum to encourage Indian investment in the largest East European nation and announced that the Polish IT industry sees Karnataka as a major hub for investment. Mr. Klodkowski said the state already has a large Polish community including the Indian headquarters of one of Poland’s largest companies Bella and that Indian IT Bellwethers such as TCS, Infosys and Wipro have set up their European headquarters in Poland and are expanding it further, re-iterating cross investment opportunities and benefits. He added that investment and collaboration opportunities are also abundant in the automobile, manufacturing & packaging and food processing industries.
Robert Seges, Head of Services Team of the Polish Information and Foreign Investment Agency said that Eastern Poland could be the gateway for Indian companies looking to enter the European Union and gain access to the internal market there. With more than 8million young people in Eastern Poland and access to over 3,30,000 students from 51 universities every year, Poland is well positioned as a talent hub for the Indian IT industry. The fact that it is ideally located between two of the largest IT markets in Central and Eastern Europe- Russia and Poland respectively, gives Eastern Poland an added advantage. He said Infosys is the largest Indian investor in Poland and is recruiting and expanding further in the country.
The Indo-Polish Business Interaction was organized by IBI Consulting, an international market intelligence and consulting firm in partnership with Bureau of Eastern Poland Economic Promotion Programme and was a forum focused on B2B interactions between companies of the two countries or regions. IBI Consulting is an international market advisory firm that specializes in helping foreign businesses/organizations penetrate Asian markets as well as Asian companies expand into international markets worldwide. IBI Consulting is part of the IBI Consulting Services Group, an international market development advisory that provides a comprehensive range of business consulting, market intelligence and partnership facilitation services to businesses in the Asia Pacific region, North America and United Kingdom. To know more visit, www.consultibi.com and www.ibipartners.com
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