The 3-day expo, named ‘India Investrade’, which is to commence from May 21, 2011 will be organised by Kolkata based Indian Chamber of Commerce (ICC), said Bodhisattwa Mukherjee, deputy director of ICC to the media.
Nakib Ahmed, adviser to the ICC, informed that India’s Commerce Ministry would support the exhibition. He added that Bangladeshi traders will also get the scope to display their energy and electrical equipment in the show.
About 60 large and small scale equipment manufacturers from both the countries will participate in the event which will provide a perfect forum to showcase their products.
India’s emergence as an economic giant in Asia will be helpful for Bangladesh. This sentiment was echoed by Asif Ibrahim, president of the Dhaka Chamber of Commerce and Industry. Speaking to reporters, he said that Bangladesh should utilise the economic potential of India.
Role of SMEs
SMEs play a key role in a nation’s economy and provide employment to a huge section of the population. Such exhibitions will bring the small players from the two sectors together where they will come across various dynamics of the market under the stated category. These also provide exposure to SMEs and give them opportunities to make the most of foreign capital and technology.
The expo will provide an opportunity to small and big entrepreneurs of both the countries to know each other which is important to know the power equipment requirement of Bangladesh, said Abdul Matlub Ahmed, president of the India-Bangladesh Chamber of Commerce and Industry.
The trade volume between India and Bangladesh, which is currently more than US$3 billion, may see a quantitative and qualitative boost post this exhibition. Moreover, the small and medium businesses in this domain will get an opportunity to foster ties and provide fresh impetus to their trade activities.
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