Monday 8 August 2011

INDIA OFFER INDONESIA COLLABORATION IN ENERGY INVESTMENT

Indonesia had become one of the highly estimated country by India In terms of collaboration in the energy sector, especially I the development of infrastructure for national economic growth. According to one of the executives of the Indian Electrical and Electronics Manufacturers Association/IEMA Subil More during his visit to Jakarta on Wednesday (20/7) the Indian company was now aggressively looking for partners, investors and suppliers from Indonesia to collaborate with company of the same business lines. India sets target to attain USD 300 bilion of investment in 2017 for initial planning of the energy sector in India.

“We excpect more strategic collaboration with Indonesian companies, which would eventually lessen hindrances on the both parties, and on the contrary broaden access to markets of both countries, especially companies into the energy sector in India was expected to secure safety and yield profit in the long run because admittedly the distance between the two countries could be overcome by balance of supply and demand secure safety and yield profit in the long run because admittedly the distance between the two countries could be overcome by balance of supply and demand” More was quoted as saying.

Indonesian property and infra structure companies operating in India were highly regarded because of their competence in key turning projects and infra structures which were complex. Therefore Indonesian companies operating in the energy sector could use the business tyrack already existing in India as path to enter the energy sector in Indonesia, he explained. “Therefore we are offering companies specializing in the cable industry to participate in Elecrama 2012, a premium Exhibition of electricity industry. As planned the expo which is to be staged in Mumbai on January 18-22 in India would display products and technology through the entire voltage spectrum, from 110 volt – 1,200 k adjusted to the local and global standard.”

This event would be forum for the world market to seek and angage collaborations, especially in industry planning as well as the government sector in India. Now India even has the ambition to command over the electricity sector worldwide and dare to make commitments to make India as the world’s greatest provider of electricity. “This is thanks to the support of numerous expert staff from outside India and ther related companies entering India. Now opportunities are wide open in the energy sector in India” More remarked.

No comments: