MR Anand Sharma, Union Minister of Commerce and Industry, will be
leading a high-level delegation to Singapore. Mr Sharma will inaugurate the
India Show, tomorrow in Singapore along with his Singaporean counterpart, Trade
and Industry Minister Mr. Lim Hng Kiang. Coinciding with the event,
“Indovations” - India's ideas for the world – a Symposium is being organised
focussing on key areas of the Indian economy –manufacturing, services and
infrastructure.
The concurrent events that will be held during the
“India Show” in Singapore includes - three days exhibition, one to one business
meetings, India Symposium, high level CEOs delegation and cultural evening. The
CEOs delegation to Singapore will explore the possibilities to strengthen the
bilateral trade relations between India and Singapore & ASEAN especially in
the areas manufacturing, services and infrastructure sectors.
“The India
Show” from 14-16 January 2011 is being organized jointly by the Ministry of
Commerce and Industry, Confederation of Indian Industry (CII), the India High
Commission in Singapore, India Brand Equity Foundation (IBEF). The India Show
Exhibition would feature participation of over 90 exhibitors showcasing the
innovations and expertise of India Inc in manufacturing, services and
infrastructure sectors. Tata Nano will be showcased for the very first time in
Singapore.
The bilateral trade between Singapore and India that had been
growing around 20% annually, reached US $ 8.65 billion in 2005 and US $ 13.79
billion during January-November 2010. Total foreign direct investment (FDI)
inflows received from Singapore are US $ 11.47 billion. Top sectors that
attracted FDI from Singapore are from services sector, telecommunication,
petroleum & natural gas, computer software & hardware and construction
activities.
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