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Latin America is the second fastest growing region in the world accounting for around 5% of the global trade. India`s trade with this region has increased from USD 1073 million in 1996-97 to 10380.46 million in 2006-07. The rate of growth of India`s exports to Latin American Countries is significant vis a vis important traditional trading partners, resulting from governmental initiatives and business enthusiasm. The Government of India has been extending Special Package of incentives under the Focus LAC Programme to Indian exporters and these have proved immensely fruitful in intensifying trade and strengthening commercial linkages between India and Latin America over the last decade.
As part of Government's initiatives in this regard, ITPO has been organizing a number of exclusive India Trade Shows in different countries in Latin America since 1996. Such events have greatly helped in leveraging the presence of Indian industry, cutting across diverse sectors, in that region.
As a continuation of this process of creating and enhancing market access in Latin America, ITPO with the support of Ministry of Commerce & Industry (Department of Commerce), and Embassies of India in Chile & Peru presents India Show & Buyer Seller Meet. |
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