India:FIEO delegation to visit China
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Stefanos [2011-05-20]
The Federation of Indian Export Organizations (FIEO) is participating the 105th Session of the Canton Fair to be held from April 15 to 19th, 2009 at Guangzhou, China. CANTON fair is the world’s second largest fair and FIEO has been appointed the India agent for the International Pavilion.
The 95 member FIEO delegation of Indian businessmen would be showcasing India’s strength in wide range of products like machinery & equipment, raw materials, textile materials, consumer goods, jewellery items, furniture, watches, sports goods, crafts items etc.
China and India today are the two rising economic giants in the world. The India China trade is crossing newer heights with each passing year. The bilateral trade during 2007-08 was to the tune of US $ 37.9 billion and target of USD 60 billion has been set for the 2010. The Indian side needs to diversify its export basket and add value added products to bridge the trade deficit gap which is t the tune of USD 16281.56 million. Participation in CANTON fair would give Indian businessmen an opportunity to establish business linkages with their counterparts in various sectors.
During the visit of the Indian delegation, a Seminar is being organized by FIEO in association with China Council for the Promotion of International Trade(CCPIT) and India Counsulate General for export promotion from India and also inviting investment into India where Mr Ajay Sahai, Director General, FIEO shall brief the participants.