India One Of Key Sources Of Exports To Kuwait For Various Food Products

The Ambassador of India to Kuwait HE Sibi George participated in the video conference of embassies/high commissions/consulates of India abroad which was held to enhance their efforts to explore market potential for Indian products in each identified product category, and undertake focused activities, says a press release issued by the embassy. The event was held under the guidance of the Ministry of Commerce & Industry, and Ministry of External Affairs, India.

In his address the Prime Minister of India Narendra Modi gave instructions to work to promote of Indian exports. This initiative is part of transforming India from being just a passive market to an active manufacturing hub at the heart of global value chains. India and Kuwait are natural trade partners and India is one of the major sources of exports to Kuwait for various food products including cereals, especially rice as well as fresh fruits and vegetables, and marine products.

India also enjoys high market share in several other product categories including electrical machinery, jewelry, apparel, organic chemicals, wood & wood articles, ceramic products, cotton and silk etc. The embassy has conceptualized and created various outreach platforms to engage all stakeholders in the area of trade, business and investments and to transform the buyer seller relationship into a mutually beneficial economic partnership for the benefit of the citizens of both the countries.

The Indian Business Network (IBN) and Indian Professional Network (IPN) are among the platforms in Kuwait for bringing together all stakeholders to promote trade, business and investment between India and Kuwait. The embassy will also work closely with various state governments, Chambers of Commerce and Industry, Export Promotion Councils, business groups and industry organizations, business and professional councils and associations in India and in Kuwait to meet the trade target for 2021-22. The embassy has organized several trade promotion events, virtual buyerseller meets, webinars, digital exhibitions and online conferences focusing on various products/sectors including agriculture and allied products, textiles, automobiles, marine products and so on. The embassy looks forward to feedback and suggestions from all. All comments may be addressed to com.kuwait@ mea.gov.in and com1.kuwait@ mea.gov.in.

 

 

SOURCE  ARABTIMES

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