360° Coverage : Indian and Indonesian businesses to enhance ties

Indian and Indonesian businesses to enhance ties

Jakarta, Oct 11 (IANS) Ahead of Indian Prime Minister Manmohan Singh's visit here, a delegation of Indian CEOs Friday met Indonesian industry leaders to discuss ways to enhance economic engagement between the countries.

Oct 11 2013, 12:12am CDT | by IANS

Indian and Indonesian businesses to enhance ties
Photo Credit: , Getty Images

Jakarta, Oct 11 — Ahead of Indian Prime Minister Manmohan Singh's visit here, a delegation of Indian CEOs Friday met Indonesian industry leaders to discuss ways to enhance economic engagement between the countries.

At the first meeting of the India-Indonesia CEOs Forum, the two delegations agreed to promote business-to-business contacts in sectors like IT, mining and infrastructure, power and clean energy, manufacturing, services sector, agro-based industry and renewable energy.

India's Minister of Commerce and Industry Anand Sharma said India is committed to consolidate partnership with ASEAN states. Indonesia's Vice Minister for Trade Bayu Krisnamurthi said the timing of the meeting was perfect as it coincided before with the visit of the Indian prime minister to Indonesia.

Indian Ambassador Gurjit Singh called for not only cooperation in enhancement of trade and investment, but also development of skills. The CEOs said the bilateral trade and investment have grown substantially since the visit of Indonesia's President Susilo Bambang Yudhoyono to India in 2011.

The CEOs Forum was co-chaired by Venu Srinivasan of TVS Motors from the Indian side and Chris Kanter, vice chairman for trade and international relations, KADIN Indonesia from the Indonesian side.

The Indian delegation included O.P. Lohia of Indo Rama Synthetics, B. Muthuraman of Tata International Ltd, P. Dwarakanath of BEML, B.P. Rao of Bharat Heavy Electricals Ltd, Naveen Gupta of Godrej Group, Avinash Shah of GMR Group, Kenneth G. of GVK Group, Ajay Mathur of International Coal Ventures Limited, Aseem Srivastav of Kirloskar EBARA Pumps Limited and Shailesh Joshi of Pt Feedback Infra.

IANS

Source: IANS

 
 
 

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