October 29, 2015

Mr Naresh Kumar Sagar

Chairman

Enkaysagar Holdings Pvt Ltd.

New Delhi

 

Dear Mr Sagar,

 

This is to inform you that FICCI is organizing a multi-sectoral delegation to Cambodia and Lao PDR from December 07^th-11^th, 2015.

 

Cambodia and Lao PDR are very important countries in terms of significant potential market for Indian SMEs.  During the recent visit by the Hon'ble Vice President of India, Shri Hamid Ansari to Cambodia and PDR in September 2015, in his interaction with the Cambodia and Lao PDR leadership he mentioned that Cambodia and Lao PDR offers opportunities for trade and investment by Indian industry specially SMEs. Also, it is expected that India and ASEAN free trade in services will be ratified very soon which will further widen the scope of our bilateral trade with the above countries.

 

The broad objective the proposed delegation is to facilitate business contacts between Indian businessmen and their counterparts in Cambodia and Lao PDR and to understand each other’s needs, capabilities; explore investment opportunities, technology transfer, promotion of joint ventures, etc. Besides promotion of Indian SMEs’ exports and increase market access, Indian companies can also use these countries as a base to access ASEAN & CLMV Markets.

 

Some of the potential sectors for trade and investment in these countries identified with the help of Indian Mission are agro machinery & processing, plantation, construction, footwear, medical equipment, mining, pharmaceuticals, rice milling, rubber, solar & hydropower projects, textiles, wood & wood processing, travel & tourism, services etc.

 

Given the importance of the visit, opportunities offered by these countries and your business interests, I request you to be part of this delegation. To meet the part of the secretarial expenses a delegation fee of Rs. 30,000/- for both countries and Rs. 25,000/- for one country is being charged per participant. Please note that the fee does not cover the airfare, hotel accommodation, local transportation, food, etc. of the participants. In case you are preoccupied, you may kindly nominate a senior representative from your company to join this delegation.

 

In pursuant to provide global outreach to SMEs, we have put up a proposal to Ministry of MSME for subsidizing the economy class shortest excursion air fare for participating MSMEs having SSI/EM2 registration certificate. If the proposal gets through 100% economy class excursion air fare (shortest route) from the Ministry of MSME will be reimbursed for participating MSME in this delegation.Companies not having SSI/EM2 registration certificate may not be able to avail this subsidy but are welcome to join the delegation.

 

The detailed programme of the meetings and other logistics regarding the visit are being worked out & will be communicated to the participants on receiving their interest in joining the delegation. (Tentative Programme structure is enclosed) (click here to download).

 

In case you are interested in joining the delegation, I shall greatly appreciate if you could confirm your participation to my colleague Deepesh Sharma (T: 011-23487260 (D) E: cmsme@ficci.com ) latest by November 05, 2015 by sending the attached registration proforma (click here to download). He could also be contacted for any further clarifications you may have.

 

Look forward to your response and with regards

 

 

Hemant Seth
Treasurer - FICCI-CMSME &
Additional Director, FICCI

Empowering MSMEs

Federation House, Tansen Marg, New Delhi 110 001
T: +91-11-23487307
F: +91-11-23320714
M: +91-9811615552
W: www.ficci-cmsme.com

 

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