FICCI mounts busi­ness del­e­ga­tion from West Ben­gal to Thai­land

FICCI Business Digest - - In The States -

As a pre­lude to the West Ben­gal Summit on Jan­uary 20-21, 2017 in Kolkata, in­ter­na­tional del­e­ga­tions and road­shows were or­ga­nized jointly by the West Ben­gal Govern­ment and FICCI.

Dr. Amit Mi­tra, In­dus­tries and Fi­nance Min­is­ter of West Ben­gal and Dr. Kr­ishna Gupta, Prin­ci­pal Sec­re­tary, Com­merce and In­dus­tries, Govern­ment of West Ben­gal, were in Thai­land be­tween Novem­ber 27-30, 2016 to pro­mote closer en­gage­ment and co­op­er­a­tion in various fields and ex­plore trade and in­vest­ment op­por­tu­ni­ties be­tween the Thai­land and West Ben­gal.

On this oc­ca­sion, FICCI mounted a busi­ness del­e­ga­tion of se­nior in­dus­try lead­ers from West Ben­gal from across sec­tors such as food pro­cess­ing, elec­tron­ics, tourism, hos­pi­tal­ity and in­fra­struc­ture, man­u­fac­tur­ing led by Har­shavard­han Neo­tia, Pres­i­dent, FICCI.

An in­ter­ac­tion was or­ga­nized with Fed­er­a­tion of Thai In­dus­tries (FTI) by FICCI with the Govern­ment and busi­ness del­e­ga­tion from West Ben­gal on Novem­ber 29, 2016 in Bangkok. The 12-mem­ber del­e­ga­tion from FTI was led by Dr Boon­peng San­ti­wat­tanatam, Vice Chair­man, FTI.

On Novem­ber 30, 2016, a busi­ness meet was or­ga­nized by FICCI in part­ner­ship with WBIDC and The Thai Cham­ber of Com­merce and Board of Trade (BOT) of Thai­land in Bangkok.

Dr. Mi­tra high­lighted the stable in­dus­try friendly poli­cies, trans­par­ent gov­er­nance and various de­vel­op­men­tal ef­forts that have helped to cre­ate en­abling

Thai­land looks at In­dia as an im­por­tant part­ner in the ASEAN re­gion. Given the lo­ca­tion of West Ben­gal, the up­com­ing east coast high­ways, rail­ways and ports, there is a po­ten­tial to in­crease trade and investments be­tween Thai­land and West Ben­gal.

en­vi­ron­ment for in­dus­trial investments in the state that is se­cond to none. The state of­fers a wide range of op­por­tu­ni­ties for col­lab­o­ra­tions sec­tors such as food pro­cess­ing, elec­tron­ics, tourism, hos­pi­tal­ity and in­fra­struc­ture, mar­itime sec­tor, man­u­fac­tur­ing and auto.

Vi­rasakdi Fu­trakul, Vice Min­is­ter of For­eign Af­fairs, Thai­land, said that Thai­land looks at In­dia as an im­por­tant part­ner in the ASEAN re­gion. Given the lo­ca­tion of West Ben­gal, the up­com­ing east coast high­ways, rail­ways and ports, there is a po­ten­tial to in­crease trade and investments be­tween Thai­land and West Ben­gal.

B S Bish­noi, Am­bas­sador of In­dia to Thai­land, spoke on the evolv­ing In­dia-Thai­land re­la­tion­ship. Dr. Gupta made a pre­sen­ta­tion on the various in­vest­ment op­por­tu­ni­ties West Ben­gal of­fers across a mul­ti­tude of sec­tors.

Har­shavard­han Neo­tia, Pres­i­dent, FICCI, men­tioned that while Thai­land can be West Ben­gal's com­mer­cial bridge to South­east Asia, the state pro­vides Thai­land with a huge do­mes­tic mar­ket and a low cost, high skill man­u­fac­tur­ing base for Thai busi­nesses for their global ac­cess. The slew of busi­ness friendly ini­tia­tives taken by the state govern­ment en­sures a con­ge­nial in­vest­ment en­vi­ron­ment.

Isara Vongku­solkit, Chair­man, The Thai Cham­ber of Com­merce and BOT of Thai­land, men­tioned up­com­ing road rail link­ages would in­crease trade and in­vest­ment be­tween the coun­tries. The ma­jor ar­eas of col­lab­o­ra­tions in­clude tourism, ho­tel, real es­tate, food pro­cess­ing, aqua, elec­tron­ics and auto.

The Busi­ness Meet­ing in progress.

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