Indonesian Cos to invest in India, says Consul General

DECCAN CHRONICLE.
Published Dec 2, 2018, 1:54 am IST
Updated Dec 2, 2018, 1:54 am IST
The two chambers need to establish effective and systemic consultation and cooperation and to assist each other in facilitating interests.
An MoU signed in the presence of Sukendar between ACCI with United Economic Forum Chamber of Commerce, Chennai.
 An MoU signed in the presence of Sukendar between ACCI with United Economic Forum Chamber of Commerce, Chennai.

Chennai: Averring that India is one of the most important engines of the world’s economy, Ade Sukendar, Consul General of the Republic of Indonesia, said Indonesian companies are expected to invest in India to strengthen ties between both the countries. “The Make in India programme is considered as a breakthrough to open the country’s economy for investment…. The business partnership in sectors such as finance, automotive and textile must be increased and strengthened as both countries have huge markets in these sectors,” he said and expressed that Indonesian companies are expected to invest in India.

He contended that there was immense potential for creating synergies between India’s Act East Policy and Prime Minister Narendra Modi’s vision of ‘SAGAR’ (Security and Growth for All in the Region) on the one hand, and President Joko Widodo’s ‘Global Maritime Fulcrum Policy’, on the other.

 

Mr. Sukendar was speaking at the India-Indonesia Business Forum held under the aegis of the Consulate General of the Republic of Indonesia, Mumbai, Ministry of Foreign Affairs of Indonesia, ITPC Chennai, Chamber of Commerce and Industry, Aceh’s Chamber of Commerce and Industry here on Saturday

 The business forum was guided by the shared vision of Mr. Modi and the Indonesian President and is aimed to implement the understanding, he said.

 Speaking on the occasion Dr. Siswo Pramono, Director General Head of Policy Analysis and Development Agency Ministry of Foreign Affairs, Indonesia, said Indonesian delegation today consisted of over 30 business persons from Aceh, representing their respective business sectors and they interacted with their counterparts in Chennai 

“We believe that there is immense potentials to explore business opportunities. Aceh and Chennai can look forward to having cooperation in various areas such as textiles, heavy commercial vehicles, automobile and auto components, manufacturing sector, where both are leaders. The two Chambers of Commerce need to develop strong institutional relations for sustainable mechanism of dialogue. Aceh and Chennai need to exchange information related to the economic interactions. The two chambers need to establish effective and systemic consultation and cooperation and to assist each other in facilitating interests,” he said.

Dr J. Sadakkadulla, Director General, UEF (United Economic Forum) Chamber of Commerce, Chennai, K. J. Kumar, Honorary Consul of the Republic of Indonesia in Chennai, Muzakir Manaf, Chairman of Aceh Commerce and Industry, Andri Nourman, Assistant of Sabang Municipality, Walfred Manihuruk, Head of Indonesian Trade Promotion Centre in 

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