India keen to invest in Indonesia’s East Java (With Image)June 26th, 2012 - 10:41 am ICT by IANS
Jakarta, June 26 (IANS) Indian companies are interested in investing in various businesses in Indonesia’s East Java province, especially in steel, textile, education and human resource development sectors, a top Indian official has said.
India’s Ambassador to Indonesia Gurjit Singh said this to H. Soekarwo, governor of East Java, during a visit to provincial capital Surabaya, also the second largest city in the country, the Indian embassy said in a statement.
Singh told Soekarwo that business delegations from India would include Surabaya as part of their tours to explore greater possibilities in the region.
Major Indian companies have already made substantial investments in East Java, and more plans will be considered, Singh said.
India would also offer five technical scholarships to people from East Java for short-term training programmes in India.
Singh said several students from the province have been shortlisted for grant of scholarships for graduate courses in India, and would be leaving for the country in the current academic year.
The Indian envoy met a few senior educationists from the universities of East Java to discuss further educational collaboration with India.
Later, Singh along with Surabaya Mayor Tri Risma Harini inaugurated the new building of the Spins International School, which was built with investment by an Indian company.
According to the Indian embassy, bilateral trade increased from $4.4 billion in 2005-06 to over $16 billion in 2010-11, making Indonesia a major trading partner for India in the ASEAN.
There are around 100,000 people of Indian origin in Indonesia, mostly concentrated in Greater Jakarta, Medan, Surabaya and Bandung regions.
Many Indian nationals work as engineers, consultants, chartered accountants and bankers in Indonesia. The Indian community is well regarded in Indonesia, and includes individuals holding senior positions in local and multinational companies.
- India's higher education is 'world standard': Indonesia (With Images) - Jun 21, 2012
- India-Indonesia business forum launched to boost trade and investment - Jul 19, 2012
- Indian envoy turns to YouTube, reaches out to Indonesians - Jun 12, 2012
- Through YouTube, Indian envoy reaches out to Indonesians (Lead) - Jun 12, 2012
- Indonesia ship fire kills eight (Lead) - Sep 28, 2011
- East Asian nations need to cooperate on education: India (With Images) - Jul 05, 2012
- 'Indian firms can help build Indonesian infrastructure' - Aug 31, 2012
- Indian stamps released in Indonesia (With Images) - Jun 20, 2012
- Blaze kills 10 at Indonesian cafe (Lead) - Jun 25, 2010
- Indonesian ship burns after collision, four killed - Sep 26, 2011
- Seven killed in Indonesia cafe fire - Jun 25, 2010
- Indian firms showcase products in Indonesia - Mar 06, 2012
- Indian envoy meets Indonesian parliamentary speaker - Jun 12, 2012
- Woman gives birth as Indonesian cafe burns, kills 11 - Jun 25, 2010
- Magnitude 6.1 quake strikes off Java island - May 17, 2011
Tags: academic year, asean, bandung, bilateral trade, business delegations, chartered accountants, development sectors, east java, educational collaboration, graduate courses, human resource development, indian embassy, indian envoy, indian nationals, indian origin, multinational companies, provincial capital, risma, substantial investments, textile education