New Delhi, July 20 (IANS) President Droupadi Murmu on Monday invited Moldovan businesses to explore investment and trade opportunities in India, saying the country is among the world's fastest-growing major economies and offers a transparent, predictable and investor-friendly business environment as it moves towards the vision of Viksit Bharat 2047. Addressing the India-Moldova Business Forum in Chisinau during her state visit to Moldova, President Murmu said India sees trusted international partnerships as central to achieving shared prosperity and sustainable economic growth.“India offers good business opportunities for Moldovan companies for trade and business. We remain committed to fostering a transparent, predictable and investor-friendly business environment,” the President said.

Describing her visit as the first-ever state visit by an Indian President to Moldova, she said it reflects India's commitment to strengthening bilateral ties across political, economic, cultural and people-to-people spheres.“My visit to Moldova is the first state visit by an Indian President which 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,” President Murmu said.“Their presence demonstrates the growing confidence of Indian industry in Moldova's economic potential and its commitment to building long-term partnerships,” the President stated.President Murmu said India and Moldova have enjoyed warm and friendly relations since establishing diplomatic ties in 1992, with the partnership founded on mutual respect, democratic values and a shared commitment to peace, development and international cooperation.

“India today is among the fastest-growing major economies, driven by entrepreneurship, digital transformation, manufacturing excellence and a young skilled workforce,” President Murmu mentioned.“At the same time, Moldova has a richly oriented outlook, strategic location, talented human capital and growing integration with European markets, which makes it an important destination for Indian businesses,” the President added.The President identified several sectors with significant potential for bilateral collaboration, including digital technologies, artificial intelligence, cybersecurity, fintech, digital public infrastructure, infrastructure development, renewable energy, advanced manufacturing, logistics, agriculture, food processing, pharmaceuticals, biotechnology and healthcare.

/IANS