Bulgarian Companies are Involved in Projects with over EUR 500 million in India

Bulgarian companies are involved in the implementation of projects in India worth over 500 million euro . The projects are in the sphere of information technologies, internet, bio-toilets, solar parks, products for veterinary medicine.

This was announced by the Ministry of Economy on the occasion of the 18th Session of the Bulgarian-Indian Intergovernmental Mixed Commission for Economic and Scientific and Technical Cooperation, held in India. The Bulgarian Delegation is led by Deputy Minister of Economy Alexander Manolev. He had meetings with representatives of some of the companies.

Manolev has committed himself that the Bulgarian side will continue to support the Bulgarian companies operating on the Indian market. He is acquainted with the problems and difficulties they encounter.

The Deputy Minister of Economy will have meetings at the Ministries of Trade and Information Technology, with the leadership of the largest business organization in India and potential investors.

"Excitel" is an Internet provider

Excitel Broadband is a Bulgarian enterprise in India, a fast-growing Internet provider in the cities of New Delhi and Hyderabad. The company works with almost all leading Internet providers in 150 Indian cities.

In 2016, Excitel was licensed as a direct internet provider in Delhi and Hyderabad. Today, there are over 190,000 Internet users and the company employs about 500 people in India.

I hope that your example will be the basis for deepening the partnership with India in the field of information and communication technologies, including the opening of more joint ventures, Alexander Manolev said.

"In the coming days, I will be holding a high-level meeting at the Indian Ministry of Electronics...