Automakers, engineering parts manufacturers and cable car producers from the Czech Republic have committed to increasing investments in India. Foremost among this is Skoda, manufacturing cars out of Aurangabad looking to boost local hiring and expand production facilities.
"We expect upcoming strategic investments into the engineering manufacturing space to play a big role in improving long-term trade and investments", Czech ambassador to India Milan Hovorka told Business Standard. This includes firms such as Elcomponic Ray Systems — a top cable harness manufacturer for the aviation and military industries, expected to soon start production in Noida. Also on the list is