India-Kazakhstan business partnership in manufacturing sector gets a big boost
Astana International Financial Centre (AIFC). The event brought together prominent business leaders, government officials, and industry experts to discuss opportunities for increased trade, joint ventures, and collaboration in the electronics and engineering sectors.
The Keynote address was delivered by Ambassador Dr. T.V. Nagendra Prasad. The chief guest was Mr. Meiram Pshembayev, Chairman of the Association of Kazakhstan Machinery Industry.
The event was held in the hybrid format. Around 50 companies from both sides participated in the event. Thematic sessions on Electronics and Engineering Sectors took place in which experts from both sides gave presentations, followed by a lively question and answer session. From the Indian side, the event was also joined virtually by the Electronics and Software Export Promotion Council (ESC), Engineering Export Promotion Council (EEPC), Federation of Karnataka Chamber of Commerce (FKCC) and their member companies dealing in exports of electronics and engineering goods.
On the occasion addressing the gathering, Indian Ambassador to Kazakhstan Dr. T.V. Nagendra Prasad, said, “Kazakhstan is the largest trade partner of India in Central Asia. In 2023, our bilateral trade is around USD 1 billion which is much below the potential. There has been an increasing trend in engineering and electronic goods opening new avenues for bilateral trade. We have grown swiftly in the tourism sector in the last two years, with over 100,000 Indian tourists visiting Kazakhstan. There is huge scope
