Tuesday, 12 December 2017 04:34 GMT
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Indian firms urged to tap potential of Saudi market

(MENAFN - Arab News) Indian companies that took part in the The Jeddah International Trade Fair (JITF) say they are overwhelmed by the positive response of the Saudi business community. Organized by Jeddah based Al-Harithy Company for Exhibitions with the support of Jeddah Chamber of Commerce & Industry (JCCI), the event is in its 25th edition and is celebrating its silver jubilee this year. The show is considered one of the most important trade exhibitions in the entire Middle East. The Multi-Sectoral Trade Expo provides a multitude of business opportunities in the region. India, with unprecedented participation this year, is the guest country at JITF 2013. For the first time, more than 80 Indian companies are participating in JITF 2013 with their multifarious products. They were here under various Indian trade bodies such as Associated Chambers of Commerce & Industry (ASSOCHAM), Synthetic Rayon & Textile Export Promotion Council (SRTEPC), Cashew Export Promotion Council of India (CEPCI), Export Promotion Council of Handicrafts (EPCH) and Indo-Arab Chamber of Commerce and Industry (IACCI). By virtue of this very large participation, India has been provided with a separate pavilion by the organizers. The companies represent some of the key areas of Indian business and commercial activities including pharmaceuticals, agriculture, tourism, health, education, engineering, textiles and information technology. The Saudi Indian Business Network (SIBN) hosted a luncheon reception in the honor of the participating Indian companies. Speaking at the event, Faiz Ahmad Kidwai, consul general of India, welcomed the Indian companies and praised their interest in the Saudi market. He urged them to tap the immense potential of the Saudi Arabian business market. He invited the attention of the Saudi business community to the unique feature of Indian market of low production cost with less complex technology. He also thanked the organizers for their very positive response and the JCCI for its patronage. A large number of Saudi businessmen, entrepreneurs and stake holders visited the fair.


Indian firms urged to tap potential of Saudi market

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