- Quiénes Somos
- Negocios con India
Meeting of the CII India Business Forum (IBF) for the LAC Region
25-26 April 2018, Bogota, Colombia
The next edition of the CII India Business Forum for Latin America and the Caribbean will be held in the city of Bogota, Colombia from 25-26 April 2018.
Latin America has been an important market for Indian exporters of products and services. Last year, the first six (April-September) months saw, India’s exports to Latin America increased by an impressive 17% reaching 6.2 billion dollars. Indian companies have constantly been increasing their investment in the Region. There is potential for India to increase its exports to 20 billion dollars in the next five years to Latin America which is a large and growing middle income (over 8000 dollars of per capita income) market of 19 countries with a total population of 615 million and GDP of over 5 trillion dollars. India is also an important export destination for Latin America companies. In 2016 Latin America exported 16.7 billion dollars of goods to India.
Colombia’s economy benefits from free trade and sound fiscal policies. Colombia heavily depends on energy and mining exports. Indian companies are present in IT, pharma, motorcycles market, oil, wood, textile, and mining industry. Apart from these sectors markets such as Agri-business, chemicals, engineering, energy, and services also has ample opportunities in Colombia for Indian companies.
Thus, IBF will continue to cater to the growing needs and demands of the industry from India and the LAC region to develop deeper ties.
Mr. Ravi Bangar, who has taken over as the Ambassador of India to Colombia, is very keen to meet as many Indian companies during the visit. CII and Embassy are working together to put together a substantial and meaningful agenda for the delegation members.
The invitation is for all the Institutional Leaders/CEO’s, Indian investors in Chile and LAC, who could participate in this big Business Forum.
For More information contact:
Latin America and the Caribbean, Confederation of Indian Industry
Cell: +91 81305 98665