Lithunia today sought greater inflow of investments from India in the fields of IT, solar energy, machinery and joint research in various other sectors.

The country, which is located on the shores of Baltic Sea, is keen on more Indian investments, said Minister Counsellor with Embassy of Republic of Lithunia in India.

She said Lithunia would encourage small and medium businesses, adding that Indian investors could also consider joint production for obtaining the 'Made in EU' label.

Lithunia enjoys trade surplus with India, she said.

"We want more Indian exports to take place," she said.

In 2010-11, Indian exports to Lithunia stood at USD 81.78 million, while India's imports from the country stood at USD 125.45 million.

Major items of imports from Lithunia were fertiliser, iron and steel and chemical products among others.

India's export basket was pharmaceuticals, textiles, consumer goods and cosmetics among others. P