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Follow on Google News |  India Partners with Africa's Biggest Trade ShowIndia is a Partner nation in the biggest business and trade opportunities event in Africa! SAITEX is bigger and better than ever – and for the first time in the show’s 19-year history, India is officially a partner.
By: CVLC 29 June 2012 752 words India Partners with Africa’s Biggest Trade Show India is a Partner nation in the biggest business and trade opportunities event in Africa! The Southern African International Trade Exhibition (SAITEX) is bigger and better than ever – and for the first time in the show’s 19-year history, India is officially a partner. Although India has participated in SAITEX for many years, this is the first time this economic powerhouse has come on board as an event partner. SAITEX - Africa’s biggest business opportunities expo (five exhibition halls are filled with 800 exhibitors from 40 countries) - takes place at Gallagher Convention Centre from Sunday 15 to Tuesday 17July. “India has a long history with South Africa going back more than a century,” says John Thomson, organiser of SAITEX. “The two countries have deep rooted business and cultural ties that far eclipse their years of cooperation at SAITEX. In addition, both countries are now members of BRICS. All that is what makes India’s official participation this year even more significant.” “India attaches considerable importance to BRICS and welcomes South Africa’s entry into this organisation of emerging economies,” says Virendra Gupta, India’s High Commissioner. “SAITEX provides us with a useful opportunity to meet with South African companies and business entities.” “We recommend to all Indian companies and organisations that have an interest in doing business in Africa that they seize the opportunities that this event has to offer to further such interests”. India will be participating in a special trade symposium on BRICS and Africa, as will all the other BRICS members – Russia, India and China – being hosted at SAITEX. Gupta says trade ties between India and South Africa have witnessed rapid acceleration during the past few years. “Bilateral trade has already passed $11-billion in 2011; we are now working on the target of $15-billion by 2014, which has been set by the Trade Ministers of the two countries. Investment flows both ways have also been equally robust, having already surpassed the mark of $10-billion.” Gupta adds that India follows a long-term approach in their dealings with Africa and aims to consolidate and build upon their historic ties with countries in the continent. “Our focus accordingly has been on building partnerships through the requisite contributions to capacity building and human resource development,” “We are delighted that India’s long participation in SAITEX has been officially cemented in this way,” says Thomson. “We look forward to a rewarding future for both India and the African continent.” Government of Gujurat Hosts Delegation The Government of Gujurat has also announced it will be hosting a top-level delegation at SAITEX. This includes 14 business executives from key focus sectors, including agri-processing, mining and metals, gems and jewellery, chemicals, engineering, pharmaceuticals, textiles and financial services. About SAITEX SAITEX – Africa’s biggest business opportunities expo (five exhibition halls are filled with 800 exhibitors from 32 countries)- takes place at Gallagher Convention Centre from Sunday 15 to Tuesday 17July. Entry is free and visitors can pre-register at www.exhibitionsafrica.com, as well as enrol in the free business matchmaking service. SAITEX focuses on a massive range of general retail and light industrial products, including fast moving consumer goods, electronic systems and appliances, textiles, clothing, leather products and footwear, office equipment, furniture, stationery, and hundreds of other product categories. Light industrial equipment and systems on display will include machinery for manufacturing and packaging a vast range of retail ready products. The Future of Trade Africa 2012 Another new feature at this year’s SAITEX is The Future of Trade Africa 2012, a strategic briefing on how to do business in Africa. “This event is all about providing delegates with the vital strategies and solutions needed to navigate the politics, economics, demographics, languages, regulations and red tape of doing business in Africa,” says Thomson. DHL BRICS Africa Export Import Forum Dovetailing effectively with that event is the recently-launched DHL BRICS Africa Export Import Forum, which showcases the wide range of services and support available for South African businesses exploring trade in Africa and BRIC countries. Examples include transport supply chains; trade agencies, export/import consultants, banks, credit guarantors, insurers, trainers, and media. To see more about SAITEX, view the 2011 event video on YouTube – simply go to www.youtube.com and in the top search window type ‘Saitex 2011’. SAITEX is endorsed by the Consumer Goods Council of SA. Contact details SAITEX Anina Hough. Tel: +27 11 783 7250 E-mail: saitex@exhibitionsafrica.com. DHL BRICS Forum / Future of Trade Africa 2012 Stephen Oehley. Tel: +27 11 026 6313. E-mail: stephen@bricsafricab2b.com ENDS Photo Virendra Gupta, India’s High Commissioner in South Africa Issued by: Date Issued: 29 June 2012 Contact Persons: Catherine Larkin Telephone: Fax: E-mail: Postal Address: P O Box 44945, Linden, 2104, South Africa End
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