Welcome to Made in India Expo IV 2010

Why Poland

Business and economical environment:

• Being the biggest of the CEE countries that are members of the EU, Poland offers not only the investment for export opportunities but also an interesting domestic market with over 38.1mn consumers and a variety of industry and service branches active on it. The employment costs, despite the 2007/2008 surge in average salary and curbing of unemployment, are still on quite an attractive level especially as the Polish Zloty weakened in Q4 2008 and Q1 2009. A flat corporate income tax rate of 19%, which Poland has offered since 2004, and recent reductions in social insurance contributions, as well as major personal income tax reform effective from 2009, has reduced operating costs for businesses. The availability of skilled workforce provided by the developed, however, still not completely reformed educational system is increasing as many of the Poles that sought employment in the West after accession to the EU now return home as the economy has revived.
  
  The Polish economy expanded strongly in 2008 by posting annual growth of 4.8% (however, the result was lower than in 2007 when 6.7% was recorded) and the domestic demand stayed the main driver. However, recent macroeconomic data confirm that economic growth is gradually decelerating, and recent forecast for 2009 place it in a range of +/- 1.5% and 1.9% for 2010. It must be emphasized that one of the reasons why even in the global crisis times the GDP in Poland may still grow is a massive usage of the EU infrastructure development funds. Poland is also in contrary with the global trend going in the direction of introducing fiscal austerity measures instead of bailing out ailing branches of the economy.

Infrastructure and technological infrastructure:

• Poland has a poorly developed infrastructure of roads, expressways, highways, waterways and railroads considering Western European standards. The total length of railways in Poland is 20,665km, which puts Poland in first place in Europe in terms of railway network density. The total length of Highways/Expressways in Poland is 1,350 km. There were a total of 12mn registered passenger automobiles in Poland, as well as 4mn registered trucks and buses in 2005. Poland has 12 major airports, and a total of 105 airports and airfields as well as 5 heliports. The total length of navigable rivers and canals is 3,640 km. The merchant marine fleet of Poland consists of 106 ships, but only 9 are registered inside the country. Poland's principal ports, river ports and harbours are Gdansk, Gdynia, Kolobrzeg, Szczecin, Swinoujscie, Ustka, Warsaw and Wroclaw.
  
  At present, Poland has a total of 830 km of motorways and 515 km of expressways. Based on existing plans, the Polish motorway and expressway network is to have over 9,000 km of routes by the end of 2013.

Made in India is an International Trade Fair for Indian products which is to be held in Kupiec Poznański Mall, Poznań, Poland.