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Qatar to host first-ever expo dedicated to Indian products

Qatar to host first-ever expo dedicated to Indian products


Asif Iqbal
Doha
More that 300 Indian manufactures are set to participate in a first-ever exhibition to be held solely for Indian products in Qatar next year, it was announced at an event in Doha on Wednesday.
The exhibition will be part of an effort to boost bilateral trade between Qatar and India, which stood at about $14 billion in 2015.
Billed as Indiana Exhibition, the event will be held from March 17 to 20 next year at the Doha Exhibition and Convention Centre (DECC).
"Owing to low oil prices, the trade between Qatar and India dropped to $14 billion in 2015, as against $15 billion in 2014. During the period, Qatar exported products worth $13 billion and imported goods worth $1 billion from India," Indian Ambassador to Qatar HE P Kumaran said at an event to announce the details of the upcoming expo. Indian investments in Qatar amounted to around $450 million, he added.
According to the ambassador, most of the exports from Qatar to India are LNG and LPG, which he said was in favour of Qatar. He said the expo would be the right platform for Indian manufacturers to showcase their products and engage with potential Qatari partners, and thereby help enhance trade between the two countries.
The envoy said there were plans to organise road shows in India to promote the expo in Doha. The organisers, he said, were in talks with various chambers of commerce in India to be a part of this event, and added that the Indian Embassy was also trying to rope in a dignitary from India for the opening of the event.
"This exhibition will be the beginning of a new era in the trade relationship between the two countries. With its vast of oil and gas resources, Qatar is transforming itself into a vibrant and modern state, and India — with is vast manufacturing base and world-class service industry — is its natural partner," Kumaran said.
Terming the expo unique, the ambassador said the event would be a mix of business to consumer (B2C) and business to business (B2B) meetings.

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