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The largest ever Indian exhibition concluded
on 14th October 2005. As reported earlier the exhibition started
on 12th October, 2005 and was attended by VIPs from Mexican
side as well as the Minister of State for Commerce & Industry,
Government of India, Mr. E.V.K.S. Elangovan.
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Exhibition was a break through in trade
relations between the two countries since it was an event where
not only the participation from Indian side was more than 200
exporters of engineering goods and services but also a very
active participation from Canacintra, a trade body in Mexico
which was having more than 35000 members in their hands mostly
comprising of manufacturing engineering sector.
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The exhibition was also a unique event since
it witnessed a very proactive cross section of Mexican business
community interacting with Indian counterparts and discussing
not only on Joint Ventures and technological upgradation opportunities
but also alternate sources of imports to Mexico which was dominated
by imports from USA and other developed countries and China.
The total number of business visitors on the 3 days was more
than 6000 and 1000 fresh contacts were established during the
exposition between the Indian exporters and Mexican counterparts.
Serious business enquiries generated and contracts concluded
was estimated to be more than US$ 1 million and on the spot
sales was also reported to be over US$ 100 thousand.
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Another feature of the event was a seminar
addressed by Mr. Rodrigo Alpizar Ballejo, President –
Engineering Sector, Canacintra with cross section of Indian
exhibitors on the opportunities available in various fields
of exports.
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As a follow up measure a Mexican delegation
is expected to visit India sometime during February 2006.
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At the concluding debriefing session, Mr.
Rakesh Shah, Chairman of the Council greeted all the members,
who participated in the exhibition on their success and the
Ambassador of India to Mexico, Mr. Rajiv Kumar Bhatia also complimented
the Indian exporters and the Engineering Export Promotion Council
for organizing this unique event.
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