Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Indian companies to invest USD 55 million in Bulgaria

Companies from India will invest over USD 55 million in different projects in Bulgaria, said Deputy Economy Minister Alexander Manolev during a Bulgarian-Indian business forum in Sofia and added that over the past 10 years bilateral trade has gone up three times – from USD 79 million in 2006 yo USD 215 million in 2016.

The Indian investors expressed appreciation of the potential for development of the IT and outsourcing sector in Bulgaria. Sutherland Global Services has opened four outsourcing centres in the country. A total of 1,600 employees work at the company’s offices in Bulgaria, catering for the European market of leading world companies in more than 16 languages. Bulgarian companies are also successful on the Indian market in internet technologies, bitumen packing, veterinary pharmaceuticals etc.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Scorching heat: Code Red remains in place across the country

Thursday will be sunny and very hot. After midday, clouds will develop in northern and western parts of the country, with winds, heavy rain and thunderstorms in places. Minimum temperatures will be between 19 and 25°C, 20°C in Sofia. Highs will..

published on 7/17/24 7:05 PM
Photo: Ministry of Culture and Tourism of the Republic of North Macedonia

Bulgaria and North Macedonia to continue joint cultural calendar

At the Ministry of Culture and Tourism in North Macedonia, Bulgaria's Ambassador to Skopje Angel Angelov and the country's new Culture and Tourism Minister Zoran Ljutkov discussed good cooperation and exchange of projects in all cultural fields, the..

published on 7/17/24 5:55 PM

Agricultural producers announce full readiness to assist in firefighting efforts

The National Association of Grain Producers has announced full readiness to support the fight against fires . Twenty-one coordinators from different regions have been deployed to assist the fire brigades as needed and to send volunteers with machinery...

published on 7/17/24 5:13 PM