Mexico
(Source : Embassy of India, Mexico City)
Make in India Event in Monterrey
On 17 March, along with PWC the Embassy organized a Make in India event in Club de
Indutriales, Monterrey. The event highlighted the attractive opportunities that are calling
businessmen from all over the world to setup their shops in India. The Ambassador also met senior officials in the Government of Nuevo Leon and briefed them on investment opportunities in India. Two Indian IT companies- Infosys and WIPRO are located in Monterrey and similarly, many Monterrey-based companies such as Metalsa and RuhRPumpen, are operating successfully in India.
3rd India Business Forum in Mexico City
The Embassy of India along with Confederation of Indian Industries (CII) and PWC Organized 3rd India Business Forum in Mexico City on 16 March. Over 75 delegates from various business groups and entrepreneurs from both India and Mexico joined to make the event successful. IBF works as a platform to address collective Indian industry
issues with a view to develop a strategy for Indian business in Latin American and Caribbean region.
Ambassador visited MSSL plant in Chihuahua
Ambassador of India Mr. Muktesh K. Pardeshi visited the plant of MSSL in Chihuahua City on 24 March and unveiled their new assembly line. The MSSL produces auto ancillary products and is a part of Samvardhan Motherson Group, a global Indian company. The Group has more than 10 Units operating in Mexico, employing some 7000-8000 people. He also met the Governor of the state during his visit.
Thailand
(Source : Embassy of India, Bangkok)
Investment direction in Thailand for2017
Krungthep Turakij | Apr 11, 2017 ]
The Bank of Thailand has held the Business Liaison Program in which they interviewed 800 companies per year to exchange knowledge and views regarding the economy. This information will be used for informed decisions on policies. The ASEAN market, especially the CLMV countries, is growing steadily, and it is expected that Thailand’s economy will continue to grow from support factors such as the government’s spending and the increase in prices on agricultural products. The number of the companies applying for benefits and privilege from the Board of Investment (BOI) is increasing. Over 1,546 projects applied for the BOI’s benefits and privileges in 2016, with a total investment value of 600 billion baht. Most of the projects were the companies within the 10 target industries, according to the government’s 5 First S-Curve and 5 New S-Curve policies. The three major business groups which may expand their investment include: trade and service, exports which are based on the change of technology, and the business that links to the government’s policy. Thailand may face intense competition on rice and cassava exports from major exporters such as India and Vietnam.