President Murmu urges Romanian firms to invest in India's growth story

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President Murmu urges Romanian firms to invest in India's growth story

Synopsis

At the India–Romania Business Forum in Bucharest, President Droupadi Murmu made a direct pitch to Romanian companies to enter India's market, framing a combined $25 trillion India–EU economic bloc as one of the world's most significant trade partnerships. The address signals India's intent to use high-level diplomatic visits to accelerate FTA momentum and attract European capital.

Key Takeaways

President Droupadi Murmu addressed the India–Romania Business Forum in Bucharest on 24 July , urging Romanian firms to invest in India.
India described as the world's fastest-growing major economy , with Romania positioned as a gateway to the broader European Union market.
The India–EU FTA covers a combined market of nearly two billion people and an economy of around $25 trillion .
Priority sectors for collaboration include digital infrastructure , energy transition , chemicals and fertilisers , pharmaceuticals , and transportation and logistics .
India's simplified taxation and production-linked incentive schemes cited as key draws for foreign investors.

President Droupadi Murmu on Friday, 24 July called on Romanian companies to actively invest in and partner with India, describing the country as the world's fastest-growing major economy with vast potential for international collaboration. Addressing the India–Romania Business Forum in Bucharest, she positioned Romania as a natural strategic partner for India given its location, skilled workforce, and deep integration with the European Union.

Romania as a Gateway to Europe

President Murmu underscored Romania's dual role — as both a significant investment destination in its own right and a gateway to the broader European market. She noted that Romania's strategic location at the crossroads of Europe, advanced industrial capabilities, and highly skilled human resources make it a uniquely valuable partner for Indian businesses looking to expand their European footprint.

The presence of a large Indian business delegation at the Forum, she said, reflects the growing confidence of Indian industries in Romanian opportunities and their intent to forge lasting commercial ties.

India–EU FTA and the Trade Opportunity

A central theme of President Murmu's address was the significance of the India–EU Free Trade Agreement (FTA). With a combined market of nearly two billion people and a combined economic size of around $25 trillion, the India–EU FTA is among the most consequential economic partnerships being negotiated globally. She stressed that early and effective implementation of the agreement would create a predictable business environment, deepen value chain integration, and open new avenues for MSMEs, startups, and innovators on both sides.

This comes amid renewed momentum in India–EU trade talks, with both sides pushing to conclude a balanced agreement that addresses tariff barriers and regulatory alignment.

Key Sectors for Collaboration

President Murmu outlined several high-priority sectors where India and Romania can deepen cooperation. These include:

Energy security and green transition — where both nations share complementary interests in diversifying energy sources and accelerating decarbonisation.

Chemicals and fertilisers — leveraging Romania's established capabilities in this sector to address India's agricultural input needs.

Digital infrastructure and technology — India's globally recognised Digital Public Infrastructure, thriving startup ecosystem, and leadership in information technology, she said, can complement Romania's strengths in software engineering, cyber-security, and advanced research.

Transportation and logistics — including ports, railways, highways, logistics parks, and multi-modal transport networks.

Pharmaceuticals, healthcare, agriculture, and food processing — sectors where both countries have demonstrated strengths and where bilateral trade remains underdeveloped relative to potential.

What the President Said

Speaking directly to the business audience, President Murmu said: 'India's globally recognised Digital Public Infrastructure, thriving start-up ecosystem and leadership in information technology can complement Romania's strengths in software engineering, cyber-security, research and advanced technologies. There are also opportunities for our companies to collaborate in transportation and logistics sectors, including ports, railways, highways, logistics parks and multi-modal transport. We can also deepen cooperation in pharmaceuticals, healthcare, agriculture and food processing.'

She also highlighted India's domestic reforms — including simplified taxation and production-linked incentives — as evidence of its commitment to building a transparent, investor-friendly business environment.

What Comes Next

President Murmu expressed confidence that business communities on both sides would translate these emerging opportunities into concrete commercial partnerships, building resilient supply chains, generating employment, and promoting innovation. With the India–EU FTA negotiations advancing and bilateral diplomatic ties strengthening, the Bucharest forum may mark the beginning of a more structured phase of India–Romania economic engagement.

Point of View

Which makes the forum's ambition notable. The $25 trillion combined market figure is accurate but aggregated; the harder question is how much of that value India and Romania can actually unlock bilaterally, given existing trade volumes that remain modest. The real test will be whether this forum produces concrete follow-through — signed MoUs, joint ventures, or sectoral working groups — rather than remaining a statement of intent.
NationPress
24 Jul 2026

Frequently Asked Questions

What did President Droupadi Murmu say at the India–Romania Business Forum?
President Murmu urged Romanian companies to actively invest in India, calling it the world's fastest-growing major economy. She highlighted sectors including digital infrastructure, energy, pharmaceuticals, and logistics as priority areas for bilateral collaboration.
Where was the India–Romania Business Forum held?
The forum was held in Bucharest, Romania, and was addressed by President Droupadi Murmu on 24 July. A large Indian business delegation also participated, signalling strong industry interest in the Romanian market.
What is the significance of the India–EU FTA for Romania?
The India–EU Free Trade Agreement covers a combined market of nearly two billion people and an economy of around $25 trillion, making it one of the most significant trade partnerships globally. Romania, as an EU member, stands to benefit directly from deeper India–EU trade and investment flows once the FTA is implemented.
Which sectors did President Murmu identify for India–Romania cooperation?
President Murmu identified digital public infrastructure and IT, software engineering and cyber-security, energy security and green transition, chemicals and fertilisers, pharmaceuticals and healthcare, agriculture and food processing, and transportation and logistics as key areas for bilateral collaboration.
Why is Romania considered a strategic partner for India?
Romania's strategic location at the crossroads of Europe, its skilled workforce, advanced industrial capabilities, and strong EU integration make it both a significant investment destination and a gateway to the broader European market for Indian businesses.
Nation Press
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