A Government delegation led by Vice Premier and Finance Minister Zoran Stavreski, also including Minister for Foreign Investments Bill Pavleski and Directorate for Technological-Industrial Development Zones director Viktor Mizo, presented Monday Macedonia's investment opportunities before businessmen in Hyderabad, the economic center of Indian state Andhra Pradesh.

Hyderabad is considered the base of the pharmaceutical, biotechnology and real estate industries in Andhra Pradesh, one of India's most developed states, the Finance Ministry said in a press release.

Vice Premier Stavreski and the delegation presented the benefits Macedonia offers to foreign investors before 80 companies. They highlighted the country's low taxes and the favorable business climate, which has been confirmed by relevant international institutions.

Indian companies, who seek entry at the European market, showed interest for the conditions that Macedonia has to offer to investors. The process is expected to continue with their visit to the country.

The Government delegation already held presentations in New Delhi, Bangalore and Trivandrum, with Chennai on Tuesday's agenda.