Mumbai, 27 October, 2017 (HPN) :The Consulate General of the Republic of Indonesia in Mumbai continues to conduct various activities to developing bilateral relations and cooperation between Indonesia and India under the jurisdiction of its mission. Hence, theConsulate General of the Republic of Indonesia,Mumbai with the aim to promote the Trade, Tourism and Investment opportunities will organize a Solo Exhibition entitled “EXPO INDONESIA 2017″, to be held at World Trade Centre (WTC), Mumbai, on November 3-5, 2017. 47 Indonesian companies will participate at EXPO INDONESIA 2017, as exhibitors, featuring various products such as: furniture, health-care products, food, home-care products, batik, and handicraft products such as handbags, accessories etc.
The series of events will be held during Expo Indonesia 2017, such as Seminar on Trade and Investment, “Enhancing Trade and Investment Relations between Indonesia and India”, Seminar on Tourism, “Experience Travel and Tourism in Wonderful Indonesia : An Endless Destination”, B2B Meetings for trade and Investments, Table Top meetings for Travel and Tourism Industry, and Indonesian food vendors.
Expo Indonesia 2017 is the second exhibition being organized by this mission after the last event organized in year 2016. The Expo Indonesia 2017 is the continued efforts of the recent success leading a business delegation of 150 business delegates from India attending the “Trade Expo Indonesia 2017”, October 11-15, 2017 in Jakarta, Indonesia, organized by the Ministry of Trade of the Republic of Indonesia. The event resulted into a significant transaction of US $ 105.114.000 resulting into a 25.13% increase compared to the year 2016.
Expo Indonesia 2017 is the second exhibition being organized by this mission after the last event organized in year 2016. The Expo Indonesia 2017 is the continued efforts of the recent success leading a business delegation of 150 business delegates from India attending the “Trade Expo Indonesia 2017”, October 11-15, 2017 in Jakarta, Indonesia, organized by the Ministry of Trade of the Republic of Indonesia. The event resulted into a significant transaction of US $ 105.114.000 resulting into a 25.13% increase compared to the year 2016.
Indonesia and India enjoy a high level mutual beneficial relation. The average value of bilateral trade between Indonesia and India in last five years have been reaching to around US $16 billion.
INDONESIA EXPO 2017 is also expected to further boost Indian tourists to Indonesia. Launching of Garuda Indonesia Airlines and AirAsia Indonesia airlines is also expected to further boost Indian tourists to Indonesia beyond Bali. An important note that for year of 2016, the increase number of Indian tourists to Indonesia was 28.42% with figures reaching to 3,76,802 compared to 293,415 in 2015. While Indian traveler now rank 5th among all sources of foreign tourist visitors to Bali. In 2016 a total of 186,638 Indian nationals came to Bali, an increase of 57.61% when compared to 2015.
India is one of the most important engines of the world’s economic growth. The “Make in India” move is considered as a breakthrough to open the country’s economy for investment.
Indonesian companies are expected to invest in India to strengthen ties between both countries.The business partnership in sectors such as financing, automotive and textile must be increased and strengthened as both countries have such huge markets in those sectors.ENDS
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