The CII luncheon meeting is aimed at promoting mutual investment, and spurring enterprises to focus on opportunities and prospects offered within the region.
With sustained engagement over the years and as a part of India's Look East Policy, the ASEAN region has become a preferred destination for Indian enterprises, and many corporates have already set up operations in the region. Their interests extend to almost all sectors in manufacturing and services.
India, with its huge consumer market, and infrastructure requirement that is estimated to involve an investment of about US $ 500 bn over the next five years, presents a formidable opportunity for companies of the ASEAN region.
With sustained economic growth over the next two decades, it is predicted, India would become one of the three largest economies of the world with large consumer markets and service and manufacturing industries.
The ASEAN Business and Investment Summit provides a great opportunity to build connectivity and relationship with high-level business representatives, government leaders and economic officials of the partner countries.
It also presents a platform to showcase promising Small & Medium enterprises of India, which could be global players of the future.
Confederation of Indian Industry
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