Indian delegation to hold B2B meeting in Cebu
A 22-member India Business Trade delegation is set to visit Cebu next week to discuss potential investments in the province and across the Philippines.
The business-to-business (B2B) matching is organized by the Cebu Chamber of Commerce and Industry (CCCI) and the Federation of Indian Chamber of Commerce, Inc. (Ficci) in the Philippines. The Embassy of India and the Federation of Indian Export Organization also helped arrange the event.
According to the CCCI, the event is aimed at encouraging Cebuano entrepreneurs to open themselves for linkages and market access deals with India-based firms.
“…the business-matching event is eyed to generate new businesses via joint ventures and/or outsourcing contracts as more investors are now looking at Cebu as a strategic gateway to the Association of Southeast Asian Nations market,” CCCI added.
India’s trade delegation will represent companies from a wide range of sectors — including agriculture, manufacturing, processing, pharmaceutical, medical, laboratory, textile clothing, ceramics, and engineering industries.
India is the Philippines’ 13th largest trading partner, with bilateral trade rising by over 35% between 2020 to 2021.
