Monday, September 07, 2009
Business with Latin America
For the first time, I attended the Seminar on 'India and Latin America - Augmenting Synergies in the post-crisis world'. I got an invitation from the Indian ambassador for Argentina, Paraguay and Uruguay Mr.R.Viswanathan, who was fondly called by the entrepreneurs, CII, Ministry of Commerce and Ministry of External Affairs as 'One Man Army of Latin America' as he has passion for Latin America to increase the trade between two regions (India and LatAm). I could see the meaning of this in him directly. It was very inspiring to watch him. There was a big queue of people who are already into the business waiting to talk to him to get his advice on various things. Mr. Viswanathan showcased one MSME entrepreneur (Ratnakumar) from Coimbatore who is doing business with LatAm region. I could see the happiness in the face of Ratnakumar and his family. I am sure Mr.Viswanathan will be able to inspire and motivate more people and take the trade volume and reach the targets earlier than planned. It was also very interesting to see the Columbian Ambassador Mr. Alejandro Pelaez trying to market for doing trade with his country. "You can come to me for any kind of help in doing business with Columbia and knowing the tax details etc free of cost. I am available always for you entrepreneurs. Take adavantage of me." These are the exact words Mr. Alejandro used to lure the entrepreneurs. Currently, India is doing $16 billion trade with LatAm and targetting to reach $30 billion by 2012 while China is already doing business worth $140 billion with LatAm. Come on India, we can do it and beat China!!
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2 comments:
What were your key take aways from the meeting?
Wanted to see the other side of the world. I could talk to many people and understand that there are plenty of opportunities for business owners. Mainly, the kind of support Indian government provides.
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