CII team to visit Bangladesh to explore business opportunities

Officials said that during the visit, the delegation will meet a number of senior officials, particularly those associated with the power and industries ministries in Bangladesh

By: Express News Service | Kolkata | Published:November 6, 2016 3:56 am
Confederation of Indian Industry, CII, CII dhaka, CII to visit Dhaka, Kolkata CII, latest news, latest business news, latest kolkata news Confederation of Indian Industry

A 13-member delegation of the Confederation of Indian Industry (CII) Eastern Region will be visiting Dhaka from November 8-10 in a bid to export goods to Bangladesh and explore business opportunities, said officials.

The delegation will be led by Arun Mishra, Chairman, CII Eastern Region Investment Task Force and vice-president (Project Gopalpur) Tata Steel Limited, and will give special emphasis to power, mining, electronics, steel, textiles, infrastructure, healthcare, light engineering, skill and education sectors.

Watch what else is in the new

“The aim of the CII business mission is also to make a strong case for eastern and north-eastern states of India, and understand how we can work more closely with our Bangladeshi counterparts and create a win-win situation for both,” Mishra said.

Officials said that during the visit, the delegation will meet a number of senior officials, particularly those associated with the power and industries ministries in Bangladesh. “Bangladesh is not only India s largest trading partner in South Asia, but also a natural ally for businesses in India,” said T V Narendran, Chairman, CII Eastern Region, and Managing Director, Tata Steel Ltd. “There is a huge scope to popularize Indian products and raise the volume of bilateral trade and investment, especially at a time when many countries have turned their focus on Bangladesh,” he added.

The potential sectors for investment in Bangladesh are power, power cables, cement, steel, pharmaceuticals, textiles, spinning, frozen foods, leather, electronics, agro-based industry, IT, ceramics, light engineering and natural gas based industries, said Narendran.