EEPC India alongwith Ministry of Commerce & Industry, Government of India organized a Buyer Seller Meet between Indian Engineering Companies and their overseas counterparts. Over 40 Delegates from USA, Canada, CIS, ASEAN & South Asian countries were present for the Meet. This BSM organised by EEPC India is the second in the series this year, the first was kicked off in Kolkata on 2nd March, 2011 and will also be headed to other prominent cities in India like Bengaluru & Chennai.
Engineering Sector is the most important sector in India’s global exports. This event was organised in conjunction with India ASEAN Business Fair and Business Conclave coordinated by FICCI, and is an initiative to provide a platform to engineering companies for mutual interaction.
Shri Sumanta Chaudhuri, Joint Secretary, Ministry of Commerce & Industry and Chief Guest for the Buyer Seller Meet while delivering the Key Note address stated that India is a major exporter of light and heavy engineering goods and has a well developed and diversified industrial machinery and capital base. He also stated that the exports of engineering goods from India are likely to be over 50 Billion in the current fiscal.
Shri S.C. Ralhan, Regional Chairman-EEPC India, Northern Region in his address stated that India is in fact one of the countries which produces the highest numbers of Engineers in the world. He also stated that Asia as a continent is going to play a very important role in shaping the destiny of world trade and that the world should look at Asian markets afresh.
Shri R. Maitra, Executive Director-EEPC India while delivering the vote of thanks stated that the export of engineering goods are in a state of flux at present and highlighted that the growth of exports of engineering goods during April-January 2011 has been to the tune of 70% over the same period last year.
During the meeting, the next edition of the India Show to be coordinated by EEPC India at Toronto, Canada between October 17-20, 2011 was also announced. It was highlighted that the last India Show organised by the Council at Turkey was a grand success with more than 165 participating companies.