The Expo, organized by the Federation of Indian Export Organizations (FIEO) and supported by the Ministry of Commerce, Government of India and High Commission of India in Colombo, will be held from11th - 13th September 2015.
Acting High Commissioner of India Arindam Bagchi, Chairman (Southern Region) of the Federation of Indian Export Organizations (FIEO) Dr. A. Sakthivel, senior officials of Government of Sri Lanka and members of business community also participated in the opening ceremony.
Speaking after inauguration, the Minister appreciated FIEO for organizing India Expo and felt that most participating companies would have excellent scope in the Sri Lankan market.
During interaction with media, the Acting High Commissioner of India Arindam Bagchi conveyed that such events help in deepening India-Sri Lanka economic ties.
Dr. Sakthivel stated that the Indian companies had come to Sri Lanka not only to exhibit their products but also looking for collaboration with Sri Lankan companies for growing together through joint ventures and partnership.
Around 50 leading Indian companies representing various sectors, including construction and building-related products, apparel and garments, cosmetics, agro products, pharmaceuticals, power and electrical technology are participating in the event. The program of the event encompasses a three day long exhibition and B2B meetings.
The exhibition would be a platform for Sri Lankan companies to interact with their Indian counterparts and explore opportunities for development of exports, imports and opening new avenues for trade between Sri Lanka and India.
India Expo is supported by the Federation of Chambers of Commerce & Industry of Sri Lanka, the Ceylon Nation Chamber of Industries and Sri Lanka Chamber of Small & Medium Industries.
India-Sri Lanka bilateral trade has witnessed a marked upswing in the recent past, with trade figures exceeding US$ 4.6 billion in 2014, the strong performance has continued in the first half of 2015 and total trade has witnessed an increase of nearly 22% over the same period in 2014. India Expo 2015 is expected to strengthen this trend by fostering linkages between stakeholders.
