Business

CCCI holds B2B with Indian Trade Delegation with over 100 potential markets

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Over 100 Cebuano business leaders attended the 1st Business to Business B2B matching event for the Indian Trade and Business Delegation and the Cebu businesses organized jointly by the Cebu Chamber of Commerce and Industry, the Federation of Indian Chambers of Commerce (Phil) Inc. and the Embassy of India on November 16 (Wednesday), at the Seda Hotel, Central Block, IT Park, Cebu City.

From India were Indian Trade delegation comprised members of the Federation of Indian Export Organisations (FIEO), a trade promotion body, set up by the Ministry of Commerce Government of India supported by the Embassy of India, Manila. 22 multi-product companies represented various sectors, i.e. food and agro products; frozen bovine/buffalo and sheep meat; pharmaceuticals (medicine and food supplements); medical devices, surgical instruments, hospital equipment and human augmentation; textile, apparels and garments; auto components (brake and clutch linings for trucks, buses, etc); construction(ceramic and tiles); ceramic/porcelain wall and floor tiles; printing and packaging paper, toys and educational/recreational materials for children.

In the B2B Connect event, CCCI President Charles Kenneth Co welcomed the Indian Trade Delegation and expressed interest in having more bilateral exchange of trade missions between India and Cebu having met with Mr. Nishikant Singh, First Secretary (Economic& Commerce) in the Embassy of India(Manila) earlier in August and FICCI President Rex Daryanani the prior evening . Secretary Singh, articulated his gratitude to the Cebuano businesses for their overwhelming response and conveyed that the event is a remarkable beginning partnership between the Embassy and Cebu Chamber. Furthermore, the sisterhood Agreement between CebuCCI and the ethnic Federation of Indian Chambers was inked at the onset of the B2B matching event before the crowd of the Indian and Cebuano Trade delegation. This augers well for the two global business communities as we enter into a predicted “decade of India”!

Among the delegates were Anantya Bionics, a manufacturer of medical devices and hospital equipment/s; agri-businesses such as Fair Exports and Carnefresh exports which showcased their abundant bovine meat for worldwide consumption; Crescent Impex, Balaji Chawal, Green Agri Corp, MinalAgri, MS International, Tucuxi Overseas and VRD Best Foods with their products on rice, vegetables, soya feeds, dairy products, processed potatoes, peanuts, among others.

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Mr. Gurvinder Singh Sachdev from Standard Friction Components showcased their unique product lines: brake and clutch linings for heavy trucks, buses, cranes, and industrial applications; while Vitaegsis Wellness Pvt Ltd for food supplements; Jagdamba Paper Corporation for all kinds of paper and board products. Areya Packaging Pvt Ltd (PepPlay) on educational tools, doodle marts, art and craft activities, puzzle books, and Libero Export House for ceramic wall and floor tiles, porcelain tiles, sanitary wares, and others, and lastly Next Move for their vegan(millets) and dairy products. Indian companies are demonstrating maturity in the international markets and are successfully operating in both developing as well as developed markets. The presence of Indian IT-BPM companies such as Wipro and Tech Mahindra speak well as proofs of dynamic and committed Indian businesses in the global economy.

To know more about CCCI events, one may call the CCCI Secretariat at (63 32) 232-1421, email at info@cebuchamber.org, or visit any of the social media accounts: www.cebuchamber.org and http://fb.com/cebuchamber.