New Delhi today invited the Czech business faternity to invest in India and enter into joint ventures with Indian companies. Addressing the Captains of Industry in New Delhi today, Minister of Micro, Small and Medium Enterprises, Vir Bhadra Singh said that Czech industries are interested in making FDIs and transferring technology to India. Expressing satisfaction over the enhanced engagement, Mr. Singh said that India will benefit from their sophisticated technologies and will provide a big market to their companies. The visiting Senate President of Czech Republic Milan Stech, said that increasing trade is in interest of both countries. Earlier he called on President Pratibha Devisingh Patil at Rashtrapati Bhavan and exchanged views on issues of mutual interest. He also held discussions with the External Affairs Minister Mr. S.M. Krishna to take forward the bilateral relations and realise the full potential of trade ties between the two countries.AIR correspondent reports that the high level contact between the two countries has given a new momentum to the bilateral ties.