What is the value of India-Czech Republic trade?

According to the MEA brief of June 2026, citing the Czech Statistical Office, bilateral trade was US$ 4034 million in 2025. India's exports were US$ 2.624 billion and India's imports were US $ 1.410 billion.

Trade and investment between India and Czechia

This article covers trade and investment between India and Czechia (the Czech Republic): trade figures for recent years, the main goods traded, investment and companies in both directions, the Joint Commission for Economic Cooperation and recent business events. All facts come from the Ministry of External Affairs (MEA) bilateral brief of June 2026.

Economic framework

According to the MEA brief of June 2026, bilateral economic relations gained momentum after the Czech Republic joined the European Union in 2004. With its entry into the EU, the bilateral trade agreement had to be re-negotiated so that it became compliant with EU regulations.

Before 2010, the India-Czech Joint Economic Committee (JEC) provided the institutional framework for intergovernmental discussions on economic cooperation. A Bilateral Economic Agreement was signed during the visit of the Vice President in June 2010, after which the JEC was upgraded to a Joint Commission on Economic Cooperation (JCEC).

Joint Commission for Economic Cooperation

The brief records three recent sessions:

11th session: the Minister of State for Commerce and Industry, Mr C.R. Chaudhary, visited Prague in October 2018 for the session.
12th session: held on 05 Dec 2023 in New Delhi. The Czech Minister for Industry and Trade, Jozef Sikela, visited India in December 2023 to attend it.
13th session: the Minister of State for Commerce & Industry, Shri Jitin Prasada, paid an official visit to the Czech Republic from 22-23 April 2026 and co-chaired the session with his Czech counterpart, Mr Jan Sechter, Deputy Minister of Industry and Trade, in Prague on 23rd April 2026.

On the margins of the 2026 visit, the Minister inaugurated the India-Czech Business Forum with Mr Jan Sechter and engaged with Czech industry representatives to promote trade and investment.

Trade figures

As per Czech statistics, bilateral trade stood at US $ 86 million in 1993. In 2025, India's export to the Czech Republic was US$ 2.624 billion, while India's import from the Czech Republic was US $ 1.410 billion.

The brief gives the following figures for recent years, in million USD, from the Czech Statistical Office:

2020: India's exports 994, imports 562, bilateral trade 1556
2021: India's exports 1218, imports 896, bilateral trade 2114
2022: India's exports 2084, imports 1078, bilateral trade 3163
2023: India's exports 2510, imports 1161, bilateral trade 3671
2024: India's exports 3060, imports 1126, bilateral trade 4186
2025: India's exports 2624, imports 1410, bilateral trade 4034

Main goods traded

India's principal exports to the Czech Republic are mobile phones and other electronic items; engineering items such as auto components and power equipment; pharmaceutical products; textile products; iron and steel products; organic and inorganic chemicals; and leather and leather manufactures.

India's principal imports from the Czech Republic are auto components; textile and leather machines; machines for the rubber and plastic industry; machine-tools; food production equipment; ICT equipment; furniture; pumps; and electronic items.

Indian investment in the Czech Republic

Indian companies in the Czech Republic work in sectors such as IT, vehicles, tea, textiles, pharmaceuticals and auto-components. The brief names the following among companies that have made investments:

Infosys BPO
LEEL Coils Europe s.r.o.
Tata Global Beverages Czech Republic a.s.
MSSL Advanced Polymers s.r.o.
Varroc Lighting Systems s.r.o.
Pricol Wiping Systems Czech s.r.o.
Glenmark Pharmaceuticals Distribution s.r.o.
Mileta Horice a.s.
Apag Electronik s.r.o.
Coffee Day cz a.s.
DINA-HITEX spol. s r.o.

As per Czech invest, Indian investments in Czechia surpass US$160 million from 15 companies, generating over 3,000 jobs across sectors such as IT, life sciences and industrial manufacturing. The brief also names Infosys, Glenmark Pharmaceuticals and Tata Consultancy Services, and records the acquisition of Vítkovice Steel by Jindal Steel International in 2025.

Czech investment in India

Over 37 Czech companies, including Škoda Auto, Doosan Škoda Power and Bonatrans, operate in India with investments exceeding US$283 million, focusing on the automotive, engineering and infrastructure sectors.

In July 2025, a joint venture was launched between Tata AutoComp and the Škoda Group for urban and high-speed rail components, contributing to India's Vande Bharat project.

Recent business events

From 3-4 September 2025, a 37-member delegation from the FICCI FLO, led by National President Ms. Poonam Sharma, visited the Czech Republic to explore business opportunities.
The Indian Pavilion at the MSV International Engineering Fair in Brno in October 2025 was set up in coordination with the Engineering Export Promotion Council (EEPC INDIA). 23 Indian companies took part.
Czech company Škoda Doosan Power participated in the Bharat Electric Summit 2026, held from 19-22 March 2026 at Yashobhoomi, Dwarka, New Delhi.
On 25 March 2026, Mr. Petr Novotný, CEO and Executive Board Chairman of Škoda Group, met Prime Minister Narendra Modi. According to the brief, the meeting emphasised opportunities for collaboration in transportation and advanced technologies.