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India to hold first trade expo in Laos in November
India is preparing to hold a trade exhibition in Vientiane, the capital of Laos in November 2008 to showcase Indian technological capabilities and industries, according to an article in the Financial Express Wednesday.
The first-ever Indian expo to be held in Laos is expected to boost to business to business ties between the two countries, said the Federation of Indian Chambers of Commerce and Industry ( FICCI), which initiated the event and signed a memorandum of understanding with the Lao National Chamber of Commerce.
Writing in the Financial Express, Amit Mitra, who is the secretary general of the FICCI, noted that Indian companies such as Kirloskar Brothers and WPIL Ltd already have a presence in Laos, having exported pumps worth $41 million and $4.1 million, respectively.
Among the other Indian companies in Laos include, Water And Power Consultancy Services (WAPCOS), the water and power consulting Indian public sector unit, Anglique Group, Gimpex, J K Paper, the Aditya Birla Group, the Jaguar group and Kirloskars.
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