DHAKA: Confederation of Indian Industries ( CII) President Adi Godrej said they came here to extend their hands of friendship to Bangladesh.
He said, “We have both emotional and business relationship with the country. The relationship between the two countries is important both diplomatically and economically.”
“People of both countries consider each others as friend. We just have to make the ties stronger “, he added.
He came up with the remarks while addressing journalists at a city hotel on Friday.
Adi Godrej said, “We want to hold talks with the ministers, government officials, businessmen and mass media in order to bride the gap between business issues. We are interested to invest in different sectors.”
Earlier in the day, a high-level Indian CEOs Mission arrived here on a 3-day tour to further deepen economic and investment relations and strengthen trade and business ties between two neighboring countries.
CII President Adi Godrej is leading the 14-member business delegation. The delegation includes-- Ashok Leyland, Bajaj Auto, Wockhardt, Tata Power and Max Healthcare.
The trade between the two nations is about USD 4.3 billion. However, the trade balance is in favour of India.
India`s exports to Bangladesh mainly include cotton, mineral fuels, automobiles, iron and steel and organic chemicals. India`s imports from here comprise paper yarn, cement, copper and fertilisers.
CII said there are lots of investment opportunities in Bangladesh mainly in sectors like agriculture, automobiles, infrastructure, FMCG, healthcare and education.
President of India-Bangladesh Chamber of Commerce and Industries (IBCCI) Abdul Matlob Ahmad said, “The visit of the Indian CEOs Mission seems potential for the Indian investment in the country.”
The Mission is follow-up of the meeting with Prime Minister Sheikh Hasina in Tripura earlier this year and will endeavor to take the initiatives forward.
It is expected that the meetings will provide an opportunity to identify potential areas of growth, enabling policy measures to achieve the objectives, and challenges that need to be addressed for optimizing economic relations, investment, trade and business-to-business relationships between the two countries.
This visit will provide a useful platform for key stakeholders to better understand the business opportunities that exist in two countries.
BDST: 0117 HRS, JUL 21, 2012
Edited by: Maria Salam, Asst Output Editor
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