On a visit to India to promote bilateral business and investment ties, Lipavsky also pointed out that the Czech Republic has higher investm...

Czech Republic companies are looking forward to invest in sectors like automobile, energy, infrastructure and defence in India.

The wheel factory, which would be 100% Indian subsidiary of Bonatrans, will produce about 20,000 wheel sets and 5,000 axles in a year.

A Czech company has come forward for setting up a wheel factory at an estimated cost of Rs 200 crore in Aurangabad in Maharashtra.

The plan was shared during the meeting of EEPC members and officials of the Embassy of the Czech Republic, including Jana Peterkova.