ADDRESS BY THE HON’BLE PRESIDENT OF INDIA SMT. DROUPADI MURMU AT THE INDIA–MOLDOVA BUSINESS FORUM

It gives me immense pleasure to attend the India–Moldova Business Forum today. I thank you all for your presence here including representatives of leading businesses from India and Moldova along with members of Business Associations and ‘Invest Moldova’.

My visit to Moldova as the first State visit by an Indian President reflects India's commitment to deepening engagement with Moldova in all spheres including political, economic, cultural and people-to-people ties.

I am accompanied by a large business delegation from India. Their presence demonstrates the growing confidence of Indian industry in Moldova's economic potential and its commitment to building long-term partnerships.

India and Moldova have enjoyed warm and friendly relations since the establishment of diplomatic relations in 1992. Our partnership is based on mutual respect, democratic values and a shared commitment to peace, development and international cooperation.

As India advances towards its vision of Viksit Bharat 2047, we seek partnerships built on trust and shared prosperity. India today is among the fastest-growing major economies, driven by entrepreneurship, digital transformation, manufacturing excellence and a young, skilled workforce. At the same time, Moldova has reform-oriented outlook, strategic location, talented human capital and growing integration with European markets which makes it an important destination for Indian businesses.

There  is  immense potential for collaboration across diverse sectors such as digital technologies, artificial intelligence, cyber-security, fin-tech, digital public infrastructure, infrastructure development, renewable energy, advanced manufacturing, logistics, agriculture, food processing, pharmaceuticals, biotechnology and healthcare. I am happy that most of these sectors are represented here today.

I am greatly encouraged by the growing cooperation in the energy sector. I have been told that a high-voltage transmission line connecting this city with Romania is being implemented by Indian companies, which will contribute to enhancing Moldova's energy resilience and regional connectivity. Indian companies are interested in participating in the development projects of Moldova in renewable energy sector including solar energy, battery storage, smart grids, green hydrogen and other clean technologies.

India also offers good business opportunities for Moldovan companies for trade and investment. We remain committed to fostering a transparent, predictable and investor-friendly business environment. I invite Moldovan businesses to come and explore India.

I also encourage Indian businesses to look at the opportunities in Moldova. Your enterprise, vision and commitment will be instrumental in building enduring economic partnerships.

I am confident that today's interactions will lay the foundation for new partnerships and innovative collaborations, taking economic cooperation between India and Moldova to new heights.

Let us work together to write a new chapter in the India-Moldova economic partnership. I wish the Business Forum every success and all participants fruitful deliberations.

Thank you.