FIEO's Participation at Singapore International Expo
Author(s): City Air NewsCommenting on the Indo-Singapore trade on the sideline of Singapore International Expo, Mr Ganesh Gupta, President, FIEO said that the expo is providing wonderful opportunity to Micro and Small exporters to showcase...
cityairnews
Sep 7, 2017 12:30
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Commenting on the Indo-Singapore trade on the sideline of Singapore International Expo, Mr Ganesh Gupta, President, FIEO said that the expo is providing wonderful opportunity to Micro and Small exporters to showcase wide range of quality products to high demanding customers in Singapore. Exporters will move from B2C to B2B platform through participation in such Expo observed Mr Gupta.
India's export to Singapore grew by 23% last fiscal though overall exports grew by only 4%. Yet bilateral trade between India and Singapore is only 2.52% of India's overall trade. FIEO Chief said that we can easily reach US$ 25 Billion trade with Singapore by 2019-20 from the current level of US$ 17 Billion.
FIEO has participated with 89 companies representing Apparel, Gems & Jewellery, Furnitures, Handicrafts and Textiles. The participation is likely to be doubled in 2018 said Mr Gupta, President, FIEO.
