Thai delegation in Bengal to explore investment options
May 20th, 2008 - 12:12 am ICT by admin
Kolkata, May 19 (IANS) A Thai business delegation, in West Bengal to explore investment opportunities, Monday met officials to understand business potential of the state and the neighbouring areas. “Board of Investment has arranged for this trip. The delegates from Thailand will explore and understand the investment potential of West Bengal and neighbouring areas. This is part of the Look East policy of our country,” M.K. Saharia, chairman of Indian Chamber of Commerce’s Northeast Council, said.
The delegation Monday met the officials of the West Bengal Industrial Corporation and the Jute Corporation.
Volume of bilateral trade between the two countries stood at $4 billion last year. It is expected to touch $10 billion by 2010.
For the next two days, the delegation will visit Durgapur, Siliguri, Darjeeling and parts of north West Bengal.
The Thai delegation will be eyeing investment opportunities in sectors like petrochemical, automobile, agro and food-processing, pharmaceuticals, IT and silk.
Manop Mekprayoonthong, the consul general of Thailand, said: “Thailand has expertise in developing agro food processing and want to share it with India.”
At least 34 projects between northeast and Thailand entrepreneurs, worth more than $1 billion, are underway in the northeast.
- Thailand seeks Indian investments - Jan 25, 2012
- Schlumberger, ONGC to look for shale gas in Bengal, northeast - Jun 21, 2011
- Japanese firms to increase investment in Tamil Nadu - Jan 25, 2012
- India, Bangladesh cross-border trade looking up - Dec 02, 2010
- Thai PM arrives in India Tuesday, focus on economic ties - Apr 04, 2011
- Tripura welcomes investment from Bangladesh: Chief Minister - Jan 19, 2012
- India-Thailand free trade pact can boost tourism: Envoy - Nov 23, 2009
- Confident of strengthened trade ties with Bengal: US official - Jun 17, 2011
- Handloom to bring Italian trade team to northeast - Oct 07, 2011
- India to build stronger trade, economic ties with Brazil: Anand Sharma - Mar 08, 2011
- Thai envoy pitches for city-city trade investment - Jul 15, 2011
- Bengal should set up nuclear plants, SEZs: Assocham - Nov 07, 2011
- India-Thailand trade grew six fold in 10 years: Sharma - Apr 05, 2011
- India, Thailand agree to double trade by 2014 (Lead) - Apr 05, 2011
- France keen to increase trade with India - Apr 14, 2011
Tags: 1 billion, agro, bilateral trade, business delegation, chamber of commerce, consul general, darjeeling, delegates, food processing, indian chamber of commerce, investment opportunities, investment options, jute, neighbouring areas, petrochemical, pharmaceuticals, saharia, thai business, thai delegation, west bengal
