Spotlight on India's industrial might

  • Nation
  • Monday, 01 Dec 2003

KUALA LUMPUR: The might of Indian industry will be on show at the Incredible India 2003 trade exhibition, which opens at Putra World Trade Centre here tomorrow. 

More than 250 companies are expected to showcase their country’s economic progress in areas as diverse as auto components, communications, information technology, textiles, tourism, cement and steel. 

Prime Minister Datuk Seri Abdullah Ahmad Badawi will officiate at the Malaysia-India business seminar after the opening where top chief executive officers from India will be present. 

The event will include seminars promoting infrastructure, agro-processing, tourism, manufacturing, biotechnology and pharmaceuticals. 

Indian Textiles Minister Shahnawaz Hussein will address the seminar.  

Top Indian models are expected to sashay down catwalks in ramp shows at PWTC. Three leading Indian designers – Tarun Tahiliani, Neeta Lulla and J.J. Valaya – who won international fame would showcase their collections at dinner shows at Mandarin Oriental Hotel from tomorrow until Thursday. 

The five-day event is organised by the government-owned India Trade Promotion Organisation in collaboration with the Clothing Manufacturers Association of India. 

India Trade Promotion Organisation chairman Ashok Jha said the aim of the exhibition was to project the changing face and vibrancy of the Indian economy. 

“The exhibition is an attempt to showcase the strength of Indian industry and to show that there is more than just information technology. It would also present a cross-section of corporate India, highlighting the capabilities of Indian industry in various sectors,” he said in an interview. 

There would also be a film festival with popular Indian films screened at Tanjung Golden Village and Coliseum theatre from today until Saturday, while a contemporary Indian art show would be held at National Art Gallery between Dec 5 and Dec 28. 

India is the seventh largest and second most populous country in the world and is ranked fourth in terms of purchasing power parity in 2001. 

India’s Commerce and Industry Minister Arun Jaitley said last month that the Indian economy has maintained an average growth of over 6% over the last 12 years. 

Jha said Incredible India 2003 would provide an opportunity for Indian companies to market their products and explore joint-venture opportunities with Malaysians 

“It would also provide a greater scope for Indian companies to use Malaysia as a gateway to penetrate the Asean market.” 

Jha said Malaysia was one of India's most important trading partners, with bilateral trade between the two countries valued at US$2.2bil (RM8.4bil) since last year. 

He said Malaysia was the 10th largest investor in India, with its construction companies involved in 51 projects valued at RM11.64 bil. 

About 75 companies have confirmed participation in the apparel and textile pavilion at PWTC's Dewan Merdeka.  

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