In order to expand its relationship with Myanmar and seek greater economic integration through the ‘Look East’ and ‘Act East’ policies, The Confederation of Indian Industry (CII) is sending an SME Delegation to Myanmar for the fifth edition of the ‘Enterprise India’ Show.
The show, to be held from December 13-15, 2018 at Hotel Lotte, Yangon, will consist of sessions on trade and other sectors, B2B meetings, exhibitions, official meetings with the government and industry counterparts, etc. Coinciding with the show, the CII will also organise a Conference on India-Myanmar SME partnerships on December 13, 2018.
The show aims to promote ‘Brand India’ and Indian industry overseas, showcasing the best of India’s manufactured products, equipment, services and technology to relevant stakeholders, and is aimed to build industrial and trade partnerships, opening new export/import markets for entrepreneurs, say reports.
The other objectives are to identify business partners, collaborations, and alliances between the industry counterparts, boost trade between Myanmar and India in the backdrop of the strong bilateral relationship between the two countries and create a conducive business atmosphere among the SME sector in India and Myanmar.
The main focus areas will be automobiles, transportation, construction equipment, machinery, building materials, agriculture and farm equipment, skill development, medical equipment and pharmaceuticals, oil and gas, education, power, electricity, water, ICT, telecom, financial services, tourism, IT and ITES.
Myanmar is the only ASEAN country adjoining India, making it India’s gateway to South East Asia. The geo-strategic land and maritime border shared by both the countries encompass the broader interests of India and Myanmar in the Indian Ocean region.
The delegation is expected to be joined by more than 40 CII SME members led by Shreekant Somany, Chairman, CII National MSME Council and senior government officials from Ministry of MSME and Ministry of Commerce & Industry, along with the participation of more than 100 Indian exhibitors and partners at the Enterprise India Show cum conference.
India and Myanmar share a heritage of religious, linguistic and ethnic ties, resulting in India expanding its relationship with Myanmar in multifaceted directions.