Warsaw

India and Poland share a long-standing friendly relationship, marked by high level political contacts, vibrant economic engagement and traditional cultural links. Diplomatic relations were established in 1954, leading to the opening of the Indian Embassy in Warsaw in 1957.

Poland continues to be India’s largest trading & investment partner in Central & Eastern Europe. Over the period 2010-2020, the total bilateral trade with Poland has witnessed an increase of 107.9% i.e. from US$1.32bn in 2010 to US$ 2.73bn in 2020. The trade balance continues to be largely in favor of India.

Estimated at approximately 15,000, the Indian community in Poland consists of traders (textiles, garments and electronics) who came after the collapse of communism and professionals with multinational or Indian companies and software/IT experts. Around 5000 students are currently pursuing studies in various universities in Poland.

The top 10 items of Indian export includes (1). Textiles and textile articles (2). Base metals and articles thereof (3). Products of chemical industry (4). Machinery and mechanical appliances, electrical and electro-technical equipment (5). Footwear, headgear (6). Transport equipment (7). Plastic, rubber and materials thereof (8). Prepared foodstuff (9). Articles of stone, ceramic products, glass (10). Vegetable products.

The top 10 items of Indian import from Poland includes (1) Machinery and mechanical appliances, electrical and electro technical equipment (2). Mineral products (3). Base metals and articles (4). Plastic, rubber and articles thereof (5). Products of chemical industry (6).Optical, photographic, measuring, checking instruments etc. (7). Transport equipment (8).Miscellaneous manufactured articles (9). Pulp of wood, paper, and similar (10). Articles of stone, ceramic, glass.

Indian investment in Poland has been steadily growing over the years and is now estimated over USD 3 bln. The Indian companies are partner in Poland’s development and thus creating substantial number of jobs locally. The Indian IT companies are spearheading Indian investment in Poland and are estimated to employ nearly 10,000 Polish experts.