Indian Trade Fair in August

Channa BANDARA WIJEKOON

Regional trade integration which opens doors for countries to share and benchmark expertise and technology, will enable them to go for mass production, explore bigger markets and have economies of scale in production.

Indian Trade Fair 2010 which is scheduled to be held in Sri Lanka in August this year would be a timely event to cater to this need.

The Indian Trade Fair will showcase over 160 exhibitors from all parts of India in sectors ranging from agriculture, fisheries, plantations, manufacturing, engineering and construction, power and energy, tourism , health care , ICT, banking and finance and education services. An investor forum will be held simultaneously with the trade fair.

Topics of great importance to businessmen and investors such as sustainable business, role of stake holders and Indian perspective towards sustainable business will be covered in this forum which will run for two days parallel to the fair, Consultant International affairs FCCISL Roshen Weeraratne said.

"This is purely a B2B trade fair. The objective is to create business linkages and business opportunities. We will encourage Indian businessmen to have strategic tie-ups such as collaborations and joint ventures with their Sri Lankan counterparts. FCCISL will also act as a regulator to have a control over penetration into Sri Lankan marketplace by foreign investors," Weeraratne said.

The Indian Trade Fair is being held for the eighth year. India has been in the forefront of technological development in the region. Sri Lanka is tagged as the emerging business hub of Asia and investors in the region have shown great keenness in setting up their businesses here.