The Confederation of Indian Industry (CII), in association with the High Commission of India and supported by the Ministry of Commerce and Industry, Department of Commerce, Government of India, is organizing “The India Show,” a trade exhibition in Lagos.
The event, which was formally declared open Tuesday at the Eko Hotel and Suites, had in attendance Ghanashyam A R, Indian High commissioner to Nigeria, Idiat Oluranti Adebule, deputy governor of Lagos State, Benson Abounu, deputy governor of Benue State, among other business leaders from within and outside Nigeria.
Over 250 Indian delegates are taking part in the three-day show, which is designed to showcase their products and look for investment opportunities in Nigeria. “The India Show” is an initiative of the Government of India to promote “Brand India” and the Indian industry, overseas.
The event has the theme “Enhancing Trade and Investment between Indian and Nigeria.”
Speaking at the opening ceremony, Naresh Leekha, Leader of CII Business Delegation, regional director, Tata International Limited, said, “the Indian show is an avenue to promote Nigeria and Indian companies outside the shores of the country.
Also speaking at the opening event, Remi Ogunmefun, director general, Manufacturers Association of Nigeria (MAN), said, “the Indian companies have continued to promote trade and industrialisation in the country and also contribute to the economic growth of the country.”
“A lot of the new investment coming into Nigeria is coming from Asia, with most coming from Indian,” he said.
Ogunmefun further said that there are so many opportunities within the Nigeria investment sector. Nigeria is very attractive mostly in the manufacturing sector.
“Indian is Nigeria largest trading partner in the world while Nigeria is Indian largest trading partner in Africa,” Itsueli U.J, chairman, Nigeria Indian Chamber of Commerce and Industry. Ghanashyam A R, Indian High commissioner to Nigeria, who also spoke at the event, said, “if there is going to be investment of large magnitude it is going to be Africa, and Nigeria is the place.”
Source: Business Day