"The significance of this event is that for the first time ever, we have more than 150 Indian businessmen and companies participating in an exclusive Indian exhibition in Poland," Wadhwa said.
"India Initiative 2005" is a reflection of the fast changing scenario in Indo-Polish bilateral trade and investments as two countries recently celebrated golden jubilee of their diplomatic relations, the release said.
"Last year we generated the best results since 1990s - over USD 400 million in bilateral trade," Wadhwa said.
The $400 million mark denotes a 30 per cent growth in bilateral trade and a 40 per cent growth of India's exports to Poland.
In the first quarter of 2005, bilateral trade has continued to grow at a rate of 30 per cent.
Indo-Polish trade is set to receive a further boost in October, when LOT (Polish Airlines) will resume three flights a week to New Delhi from Warsaw.
After the closing of exhibition many Indian businessmen will travel to the twin cities of Gdansk and Gdynia for business seminars, it added.
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