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World Trade Expo brings 30 countries representing 40% of world exports under one platform


“World Trade Expo is an amazing platform to promote exports and investment in Maharashtra. I invite participating countries to explore investment opportunities in Maharashtra, which is the leading industrial state of India. The state accounts for 30% of foreign direct investment and it has fantastic ecosystem for industries. We have one of the best manufacturing base and the state contributes 15% to India’s GDP. Maharashtra offers financial incentives to industries, which is the best-of-its kind offered by any state government in India,”said Dr. Harshdeep Kamble, IAS, Secretary - Industries & Mining and Development Commissioner (Industries), Directorate of Industries, Government of Maharashtra at the 3rd World Trade Expo 2019 in WTC Mumbai. The event was organised by WTC Mumbai and All India Association of Industries (AIAI).
Speaking on this occasion, Mr. P. Mallikarjunaiah, Regional Director (Western Region), O/o The Development Commissioner (Handicrafts), Ministry of Textile, Government of India said, “India’s handicrafts exports is growing at a rate of 15% per annum and I expect this growth momentum to continue in the coming years. India’s rich handicraft sector employs over 60 lakh artisans across 32 major crafts and more than 100 sub-crafts that together export USD 4 billion worth products annually. However, India’s handicrafts exports represent hardly 3% of world exports and hence there is great scope for increasing our exports. Every village in India has its unique traditional handicrafts made of metal, wood, textile, stone and other materials. I am confident that World Trade Expo will help Indian artisans explore new foreign markets.”
Earlier in his welcome remarks, Mr. Vijay Kalantri, President, All India Association of Industries (AIAI) said, “The 3rd World Trade Expo is set to open a new chapter in India’s relations with the 30 participating countries, that together contribute 40% to world exports. At a time when world export growth is slowing, the participating countries will discuss new avenues for trade and technological partnerships. The two-day event will generate cross-country collaboration through trade, technology transfer, investment, tourism and cultural exchange. I am confident that this Expo will provide renewed momentum not only to international trade, but also to the global engagement of Maharashtra, which aims to become a USD 1 trillion economy by 2025.”
Photo Caption: (from left to right) Mr. Vijay Kalantri, President, All India Association of Industries, Captain Mr. Somesh Batra, Vice Chairman, MVIRDC World Trade Center Mumbai, Dr. Harshdeep Kamble, IAS, Secretary - Industries & Mining and Development Commissioner (Industries), Directorate of Industries, Government of Maharashtra, Mr. Suresh Kakani, IAS, Vice Chairman and Managing Director, Maharashtra Airport Development Company Ltd

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