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Cii update

CII website to boost Indo-German business ties

Coinciding with the prime minister Mr Atal Bihari Vajpayee’s visit to Germany and to facilitate bilateral trade and investment, the CII has launched a website on Indo-German business relations.

The website www.indogermanbiz.org would provides information updates to users on the state of economy of both the countries, bilateral trade statistics, business opportunities and events. To facilitate online business matchmaking, an automated business query management module has been included in the site, a CII release said.

In addition to the business facilitating features, the site also has information on CII’s work in Germany and a photo gallery. The website, currently available in English, will soon have a German version. It is linked to the Federation of German Industries (BDI), a counterpart of CII.

200 Indian industries to participate in CII Beijing exhibition

About 200 Indian companies would participate in the four-day ‘Made in India’ show and the India China Hi-Tech show in Beijing beginning October 16. The exposition is being organised by the Confederation of Indian Industries.

The four-day event would help Indian exporters, manufacturers and service providers to showcase their potential and explore business opportunities, Mr Piyush Bahl, senior director, CII, New Delhi, said speaking on ‘CII initiatives in China’ here recently. Around 4,000 square metres of space would be used for the show, which would be subsequently shifted to Shanghai from 2004 and held as an annual event, Mr Bahl said.

A high-power Indian delegation led by a cabinet minister would attend the show along with an industrial delegation of Indian CEOs for deliberations with Chinese technology and business leaders, he said.

Road shows would be held from July this year in Shanghai, Guangzhou, Shenyang and Chongqing to create awareness about the meet. An India fashion show showcasing yarns, fabrics and designs in contemporary Indian styles, will be part of these road shows. A special attraction at the event would be the invest in India pavillion where Indian states would present opportunities in infrastructure to Chinese companies who have built up an enviable record in this field.

CII to set up East Asia HQ at Shanghai

The Confederation of Indian Industries’ East Asia headquarters to be located in Shanghai will become operational from July 1, senior director of CII Mr Piyush Bahl said here.

Addressing members of CII, he said India Club would also be formed at Shanghai for the benefit of Indian companies wishing to operate through an unmanned representative office in China through CII. The members of India Club would get an opportunity to showcase their products and services at the Shanghai Mart, reputedly the most happening buyer-seller meeting place in east Asia. Members of the club would also be entitled to advice on outsourcing opportunities from China as also investment opportunities, Mr Bahl said.

For the first time, ‘Made in India show’ and ‘India-China High-Tech Show’ would be organised in Beijing from October 16 to 19, he added.

CII office in Almatti

CII is expected to open an office at Almatti, the Kazhak capital, within the next two months, to tap the vast trade potential of Central Asian countries including Russia, Ukraine and Belarus. Following a seminar on Central Asia and Indian business - Trends and Opportunities on May 22, CII will organise sector specific delegations to Central Asian nations including Kazakhstan, Tjikistan and Kyrgyzstan and an ‘Enterprise Show’ for small and medium enterprises in Kyrgyzstan in August this year. There exists scope for Indian entrepreneurs in the field of textiles, pipeline construction, tourism, energy, IT and related fields, construction projects, engineering consultancy, education, etc.

US, China and European countries have developed economic ties with Central Asia and India needs to persistently work in this direction, CII said.