Industry & Economy
-
Foreign Trade
CII show in Thailand to promote international trade
Our Bureau
New Delhi
,
Aug. 10
IN the backdrop of an India-Thailand free trade agreement (FTA) in September, over 70 Indian companies are visiting Thailand under the aegis of the Confederation of Indian Industry (CII) during the next few days to display their products and services.
The CII is organising its flagship event, the `Made in India' show in Thailand from August 11-14.
The show represents a cross-section of corporate India, projecting the capabilities of the country's industrial houses from small, medium and large sectors. The sectors include automobiles, banking software, chemicals, consumer durable, cosmetics and health care, engineering and electrical goods, IT software & solutions, garments, among others.
The show is being organised as part of CII's continued effort to promote international trade and showcase Indian industry overseas. It is being organised in association with the Embassy of India in Bangkok and the India-Thai Chamber of Commerce. CII will also renew its memorandum of understanding with FTI (Federation of Thai Industries) and BOT (Board of Trade) on the occasion.
The India-Thailand bilateral trade was growing steadily, having crossed $1.5 billion during last year. However, the volume of trade was relatively small given the existing potential, the CII said.
A joint feasibility study has concluded that a FTA would result in significant trade creation. India's exports will increase by 42.71 per cent, while Thai exports to India would rise by 113.71 per cent.
More Stories on :
Foreign Trade |
Industry Associations
Article
E-Mail
::
Comment
::
Syndication
::
Printer Friendly Page
|
