Lam Dong (VNA) – A trade connectivity event between firms from theCentral Highlands provinces and India was held in Da Lat city, Lam Dongprovince on August 31, with over 40 Indian and 70 regional businesses operatingin agriculture, pharmaceuticals, tourism and education taking part.
Speaking at the event, Consul General ofIndia in Ho Chi Minh City Madan Mohan Sethi affirmed that India is a huge marketwith over 40 major cities and is rapidly developing in all aspects, especiallyin agriculture, apparel, tourism and IT, presenting opportunities for Indian firmsto cooperate with Lam Dong and other provinces in the region.
He asked businesses from both sides to discusscollaboration opportunities, and invited Lam Dong’s farmingcompanies to visit India to explore opportunities with Indian partners.
The Consulate General of India will continueholding joint events to promote trade, investment, tourism, and culturalexchanges in the near future, he said.
Meanwhile, Vice Chairman of the Lam Dongprovincial People's Committee Pham S said many key products of Lam Dong havebeen exported to India, amounting to tens of millions of USD over the past years.However, the level of cooperation is yet to match the existing potential andadvantages.
At the event, 45 memoranda of understandingand trade contracts in principle between Indian businesses and the CentralHighlands provinces were signed.
Indian enterprises also learnedabout farm produce, apparel and specialties at the booths of regional businesses,thus exploring the possibility of expanding bilateral cooperation./.
