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Source: India embassy
(Exclusive Exhibition of Indian Products & Services)
10-13 November 2011, Tatmadaw Hall, Yangon, Myanmar
Confederation of Indian Industry (CII) in association with Embassy of India, Yangon with support of Ministry of Commerce & Industry, Government of India, Ministry of Commerce, Government of the Republic of the Union of Myanmar and Republic of the Union of Myanmar Federation of Chamber of Commerce and Industry (RUMFCCI) is organizing Enterprise India, the exclusive exhibition of Indian products and services in Tatmadaw hall Yangon, Myanmar from 10-13 November 2011.
The Enterprise India –Show will bring together leading Indian brands and small and medium size entrepreneurs on one platform, to build business linkages with the industry in Myanmar
The Exhibition will be spread over an area of 3500 sqm and will have the participation of over 60 companies from varied sectors. The major focus of the exhibition will be on Automobiles (Commercial & Passenger), Agriculture Machinery, Telecommunication Infrastructure, Electrification, Renewable Energy, Textiles & Garments, Consumer Durables with presence of major companies like Tata Motors, Mahindra & Mahindra, Shyam Telecom, Escorts, NHPC, Fedders Lloyd, Exim Bank, Ion Exchange, HMT, and International Tractors to name a few. A full list of participating companies, their contact particulars and details about exhibitors coverage could be obtained from website of embassy of India at: www.indiaembassy.net.mm
The products on display include automobiles of the premier Indian vehicle manufacturers such as Tata Motors (Vista, Ace, Safari etc, Tata Buses & Trucks), Tractors and agricultural implements from Escorts, John Deere, ITL(Sonalika) and New Holland Ltd, construction equipment manufactured by Luminous Power, Shyam Steel,Feeder Llyod, Everest Industries etc. Other companies which are participating in the show are HMT (I) and VNL( telecom sector). EXIM bank(financial services, Ion Exchange (water purification)The National Hydro Power Corporation of India, the leading Indian Hydropower generation company, will display a working model during the trade fair. In addition, numerous consumer goods like kitchen utensils from TTK, ANS Corp etc, garments, sarees, cosmetics, stationery etc. will be attractively displayed.
Various Myanmar dignitaries are expected to attend the inauguration ceremony on 10 November 2011. More than 100 Indian businessmen will be present during the inauguration.
Coinciding with the exhibition, there will also be a high profile industry delegation from India led by Mr Sanjay C Kirloskar, Chairman & Managing Director, Kirloskar Brothers Ltd. The delegation will participate, along with leading Myanmar business persons in a conference on ‘Opportunities for Strengthening Myanmar-India Trade and Economic Cooperation” that is being organized on 9th November 2011 in collaboration with Republic of Union of Myanmar Federation of Chamber of Commerce and Industry (RUMFCCI).
The delegation comprises of delegates representing leading companies of India including Kirloskar Brothers Limited, Apollo International Limited, E-Convergence Technologies Ltd., Escorts Limited, Shahnaz Herbals,, Shyam Steel Industries Ltd., Titagarh Wagons Ltd. TVS Ltd. etc. which will be interested in building business linkages with Myanmar.
Trade between India and Myanmar has grown substantially in recent years and is pegged at US$ 1.5 bn for the year 2010-11. The major items traded between India and Myanmar are pulses & beans, timber, iron & steel products, light machinery, pharmaceuticals etc, Recently, many Indian leading companies like Essar Projects India Pvt Ltd., Punj Llyod, Larsen & Toubro, Nipha Exports Pvt Ltd. have been awarded projects in various sectors in Myanmar.
Myanmar is a beneficiary of the Duty Preferential Tarriff Scheme for LDCs announced by India last year. Myanmar will also benefit from the India-ASEAN Free Trade Agreement signed in 2009. India and Myanmar have earlier signed a Bilateral Investment Promotion Agreement (BIPA) and Double Taxation Avoidance Treaty for promoting trade and investment between the two countries.
During the recent 4th Joint Trade Committee Meeting(JTC) India and Myanmar agreed doubling their bilateral trade by 2015, in addition to agreeing setting up of a Joint Trade and Investment Forum, establishing border haats at the border, holding meetings on border trade regularly etc. |
