EVENT REPORT
India INVESTRADE 2014
A Conference cum Exposition & Buyer Seller Meet on Multiple Sectors
23rd – 24th July, 2014; Sedona Hotel, Yangon, Myanmar
Organised by
Indian Chamber of Commerce
In Association with
Ministry of Commerce & Industry
Government of India
With Support from
Embassy of India, Yangon, Myanmar
India INVESTRADE 2014
A Conference cum Exposition & Buyer Seller Meet on Multiple Sectors
23rd – 24th July, 2014; Sedona Hotel, Yangon, Myanmar
Indian Chamber of Commerce has organized a two-day programme “India
INVESTRADE 2014” at Sedona Hotel, Yangon on 23rd & 24th July, 2014. The
programme dealt with multiple sectors relevant for the Myanmar market. The
sectors included electrical & electrical machineries, agriculture & tea,
logistics,
chemicals
&
paints,
construction,
handloom
&
textile,
handicrafts, leather, healthcare, IT & Banks, education, steel & engineering.
The programme consisted of conference, an exhibition and buyer-seller
meets.
Myanmar’s transition to democracy has been a significant development for the
Indo–Myanmar bilateral relations. As Myanmar ushers in significant political and
economic reforms and opens up to foreign investment, it showcases great
potential for being an economic conduit between the SAARC nations and the
ASEAN.
In this background, Indian Chamber of Commerce (ICC) organized “India
INVESTRADE 2014” Yangon, Myanmar. The theme of the conference was
“Building synergies for Trade & Investment”. Ministry of Commerce and
Industry, Government of India supported this initiative of ICC. The Embassy
of India in Yangon also has taken an instrumental role in making this initiative a
success. Apart from this, the most prominent Industry body of Myanmar, the
UMFCCI and other direct stakeholders etc. also took active part in this
programme.
India and Myanmar enjoy cordial relations; and the geographical proximity has
facilitated the long-standing trade relations across the land and sea routes.
Myanmar has been a major trading partner of India and India-Myanmar Trade
has immense potential. The strategic importance of Myanmar is immense for
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India due to the fact that Myanmar is the Gateway or the only land-bridge to the
ASEAN markets and the primary aim of the ‘Look East’ Policy is to build stronger
bridges of trade & economic co-operation between India and the countries in
South & South-East Asia. The India-ASEAN FTA in goods has been able to
enhance trade volume in the region considerably, with a 30% growth in IndiaASEAN trade, which crossed US $ 50 billion mark in 2010-11. With such a pace
of increase, it is expected to touch the trade target of US $125 billion by 2015.
And in this process of India’s enhanced economic engagement with her Asian
neighbours, Myanmar can surely play a crucial role.
In-order to strengthen the relation between India and Myanmar, Indian Chamber
of Commerce along with the Ministry of Commerce and Industry, Government of
India has organized India Investrade on 23 & 24 July 2014 at Sedona Hotel,
Yangon, Myanmar. The purpose of the event was to promote and facilitate trade
and business engagement between India and Myanmar. The goals of the
programme could be placed in the broader framework of Government of India’s
existing foreign policy of intensifying regional co-operation and economic
integration with South and South East Asian countries.
EVENT FOCUS:

An Exposition to showcase Indian companies / products in Myanmar. Large,
medium and small industries from key sectors participated in the Exposition.
Industry representatives from Myanmar companies also interacted with Indian
companies for possible business tie-ups.

To bring important stakeholders of both the countries under one common
umbrella in the form of ‘Buyer-Seller Meet’ for facilitating two-way trade.
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
A Conference to discuss various key issues related to India-Myanmar trade &
economic cooperation wherein important dignitaries from Govt. & Industry of both
the countries came together to share their ideas and views.
SNAPSHOTS OF THE EVENT
Focus Country: Myanmar
Focus Sectors: Engineering, Iron and Steel, Energy and Electrical machineries,
Chemical and allied products, Healthcare, Agriculture especially tea, handloom &
handicrafts, leather, water treatment, logistics, IT & Education.
Event Components: Conference, Exhibition & B2B Meetings
Total number of Stalls in Exhibition: 55
Total number of Exhibitors: 48
Total number of Speakers: 25
Total number of Delegates: 250+
KEY DIGNITARIES & SPEAKERS AT THE PROGRAMME

Mr. U Myint Swe, Hon’ble Chief Minister of Yangon

Mr. Win Aung, President, UMFCCI

Mr. Zenith M Sangma, Hon’ble Minister, Department of Sericulture& Weaving
, Govt. of Meghalaya

Mr. Gautam Mukhopadhaya, Ambassador of India

Mr Ravi Capoor, Joint Secretary, Deptt. of Commerce, Ministry of Commerce
& Industry, Govt. of India

Mr. Ameisingh Luikham, Secretary, NEC, Government of India

Mr. Tint Swe, CEO, UMFCCI

Mr. Gautam Chintey, Advisor,North East Council, Govt. of India
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
Mr. P W Ingty, Principal Secretary, Deptt. Of Industry & Commerce, Govt. of
Meghalaya

Mr. P Kharkhongar, Principal Secretary, Agriculture, Sericulture & Horticulture,
Govt. of Meghalaya

Mr. Lenison D Sangma, Parliamentary Secretary, Deptt. of Industry &
Commerce, Govt. of Meghalaya

Dr. Daw Marlar Myo Nyunt, Deputy Director (DICA), Ministry of National
Planning & Economic Development

Captain R K Tandon, Sr. Vice President, Shipping Corporation of India

Mr. Ravindra Pai, Senior VP, Apollo Hospitals

Dr. Jitendra K Das, Director, FORE School of Management

Mr. Rajiv Moudgil, GM, Mesco Steel

Mr. Shiv Siddhant Kaul, Vice President, ICC
KEY STATEMENTS
Mr. U Myint Swe, Hon’ble Chief Minister of Yangon thanked the Indian Government
and Indian Companies in his Inaugural address for providing support by way of offering
manufacturing goods, raw materials and primary products to Myanmarese companies
for economic development. He mentioned that Myanmar Government is taking the
initiative to form a Committee with Investors to facilitate the process.
Mr. Gautam Mukhopadhaya, Ambassador of India at Yangon urged Indian business
fraternity to look beyond Yangon and focus regions like Central Myanmar. He
particularly mentioned about the 3 special economic zones and 18 industrial zones
as destinations of investments, developed and promoted by the Government of
Myanmar. He further pointed out that apart from agricultural industries, which is the
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base of the economy, Myanmar needs Indian support & cooperation in the sectors such
as Healthcare & IT services, up-gradation of IT skills, training in English language,
professional courses & higher education along with power & cement industries
keeping in mind the huge construction requirements of the country.
Mr Win Aung, President, UMFCCI opened his Inaugural address by saying that the
very name “India Investrade 2014” signifies the focus of Investment as against trade to
enhance the process of democratization of the country. He further mentioned that as
India ranks 11th in the list of investors in Myanmar, there is huge scope of investment.
He especially recommended the Thilawa SEZ as the investment destination to the
Indian business fraternity which would become operational from mid 2015 and is
closest to Yangon, just 17 kms from downtown Yangon. He urged the large corporate
and business Conglomerates apart from SMEs to set up their units at Myanmar. Mr
Aung highlighted the special tax exemption incentive for manufacturing units of
Myanmar for export to the European market and mentioned that Indian
companies should join hands with their Myanmar counterparts.
Mr Ravi Capoor, Joint Secretary, Deptt. of Commerce, Ministry of Commerce &
Industry, Government of India stated that the Myanmar Government is encouraging
joint ventures and incentivizing by exemption from income tax in certain sectors.
He particularly mentioned about the boom in transport sector and pointed out that there
is huge opportunity in the public transport sector. He was also keen to uphold the
fact that setting up a manufacturing unit in Myanmar would allow that company to
enter the markets of China & Japan owing to Myanmar’s FTA with these
countries. Mr Capoor declared that from 1st of October 2014 direct shipping service
would be starting from India to Myanmar and thus would strengthen the bilateral
relation between both the countries.
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HIGHLIGHT OF THE OPPORTUNITIES IN THE FOCUSED SECTORS
India’s trade with Myanmar got doubled in the last seven years. In 2013-14 total
trade has crossed US$ 2 billion with exports at US$ 787.01 million and imports at
US$ 1.395 billion. The table below shows the product categories and value of India’s
export to Myanmar.
PRODUCT CATEGORIES & INDIA’S EXPORTS TO MYANMAR
Commodity Trade
Value ($ mn)
Pharmaceutical products
55.78
Iron and steel
38.32
Electrical machinery and equipment and parts thereof
16.62
Nuclear reactors, boilers, machinery and mechanical
appliances
8.19
Cotton
5.92
Residues and waste from the food industries
4.52
India accounts for a sizeable share in Myanmar’s imports articles of iron or steel (5.6
per cent), and iron and steel (5.5 per cent). Myanmar is a potential investment
destination for electrical machineries and spare parts as many new industries are
rapidly budding in this country. Since the govt. of Myanmar is looking forward to an
immense technological up gradation, presently engineering products are the utmost
required items in Myanmar. Not only the industrial products and chemicals but it has
always possessed a very promising market for tea. Building bridges between India and
Myanmar based on these sectors would benefit the economy of both the countries
positively.
EXISTING INDIA-MYANMAR BILATERAL TRADE RELATIONSHIP
India is the 4th largest trading partner among ASEAN and neighboring countries of
Myanmar and ranks 11th in terms of investment in Myanmar. Private entrepreneurs from
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both countries have shown increasing interest in conducting bilateral trade and
commerce and Potential areas are Pharmaceuticals, agricultural machinery,
agrochemicals, electrical goods, iron and steel, pulses and beans, investment in
plantations, ICT and IT-related products and services. India and Myanmar share a very
strong bilateral trade relation facilitating the economy of both the countries.
The table below indicates India’s total trade with Myanmar for the year 2009-10,
2010-11, 2011-12 and 2012-13 (up to December.)
Year
2009-10
2010-11
2011-12
2012-13
(up
to
Dec)
India's exports to Myanmar
207.97
320.62
545.38
(6.17%)
(54.17%)
(70.1%)
India's imports from
Myanmar
1,289.80
1,017.67
1,324.82
(38.84%)
(-21.1%)
(30.18%)
TOTAL TRADE
1,497.77
1,338.29
1,870.20
(30.17%)
(-
(39.75%)
342.94
570.18
10.65%)
PARTICIPATING INDIAN COMPANIES
Organization
Product line
Shah Brothers
Tea
IS Leather
Leather
Exporter
Pharmacutica
ls
Leather
Exporter
Engeneering
Waylink International
Triple Star Exports
L.M.Engineering Machinery
Co. Private Limited
Mahakash Trexim Pvt. Ltd.
Textile
Pekoe Tips Tea
Tea
Vishwas Food Products
Tea
Contact details
Mr. Deven Shah
shahbros@cal2.vsnl.net.in
Mr. Pradyut Bhadra
pradyut@isleather.in
Mr. Arun Kumar Baid
waylink@vsnl.net
Mr. Mohammmed Ariff
leder2@vsnl.com, leder@cal2.vsnl.net.in
Mr. Pradip Saha
lme@cal3.vsnl.net.in
Mr. Anant Kumar Dudhwewala
mahakashtrexim@gmail.com
Mr. Anuj Malhotra
pekoetipstea@gmail.com
Mr. Krishna Prasad
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vishwasfoodproducts@gmail.com
Mr. Purnendu Kanji
kanji@saraju.co.in
Mr Mobassir Husnain
banarasexports@gmail.com
Saraju Agriways Exports Pvt.
Ltd
Banaras Exports House
Stationery
products
Textile
Ms Yankron International
Handloom
Mrs Geetika Borooah Changkakoti
geetika012@rediffmail.com
Signature Training Institute
Education
Madhumita Saikia
signatureawards2010@gmail.com
Oasis Irrigation Equipment
Co Ltd
Agriculture &
Trading
Mr Sumit Parsan
sumitparsan@gmail.com
Govt of Meghalaya
Mr Winfred Warshang
winfredwarshong@gmail.com
Fore School of Management
Handloom
Handicraft,
Agriculture
Education
Mesco Steel
Steel
Indusree
Engineering
Goods
Electrical
Neo Tele Tronix Pvt Ltd
BMC
Waxpol Industries Ltd
Thermo Cab
Sai Electricals
Universal Trade Centre
Integrated Fire Protection Pvt
Ltd
Metal Fab Engineers
Power &
Electricals
Petrochemica
ls
Electrical
Energy &
Power
Electricals
ION Exchange (India)
Fire Fighting
Equipments
Engineering
Goods
Infrastructure
Apollo Hospitals
Health Care
Hensel Electric Pvt Ltd
Power
Columbia Pakona
Engineering
Mr Jeetendra K Das
j.das@fsm.ac.in
Mr. Rajeev K. Moudgil
rkmoudgil@mescosteel.com
Mr. Ajoy Sen Sarma
aksensarma@gmail.com
Mr. Arijit Basuray
ntplindia@gmail.com
Mr.Siddhartha Mitra
siddhartha@bmcepl.com
Mr Pravir Garg
dipayanb@waxpol.com
Mr. Navin Soni
info@thermocabs.com
thermocouple70@gmail.com
Ms. Mudita Kumar
muditakumar@saielectricals.com
Mr. Sanjay Bhutoria
info@utcmarketing.com
Mr. A.K Mukherjee
integratedfire@gmail.com
Mr. Mustan Moiz
mustan@metalfabengg.com
M J Sheikh
mj.sheikh@ionexchange.co.in
Mr. Ravindra Pai
parimala_r@apollohospitals.com
Mr.Saikat Sadhu
saikat@hensel-electric.in
Mr.Vijay Kumbhani
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Engineering Pvt. Ltd.
Mridula Asbestos Products
Goods
Steel
Eureka Exports
Agricultural
equipments
S.Shaha & Co
Electricals
Dhanashree Electronics
Electricals
Salts & Chemicals Pvt Ltd
Chemicals
Global Nexus
Event
management
Industry body
Manipur Chamber of Foreign
Trade and Industry
India Electric Company
Nicco Engineering Services
Ltd
Rural Craft Hub of Bengal
(Biswa Bangla)
Senrysa Technologies Pvt Ltd
Electrical
components
Engg and
services
Handicrafts
IT
EXIM Bank
Banking
TCI Seaways
Shipping and
logistics
training
Institute
Food
processing
power
voltage
regulation
and special
transformer
Chemicals
Ivy Professional School
Edge Technologies &
Infrastructure Pvt Ltd.
ICON Engineers
Link Polymer
National Paints
Painting
Chemicals
United Bank of India
Bank
sales@colpak.in
Mr. Nirapada Kayal
npkayal13@gmail.com
Mr. Chiranjib Ghosh
chiranjib36@gmail.com
mail@eurekaenterprises.com
Mr. Subrata Saha
lionsubrata@gmail.com
babloosaha@sify.com
Mr. S P Toshniwal
vijay1001002@yahoo.com
Mr.S.K.Biswas
sajal.ganguly@gmail.com
Mr.Bhupendra Renjen
bhupendra@globalnexus.biz
Mr. Lanjingba Khundingbam
lanjingba@gmail.com
Mr K K Mitra
kamalkmitra@yahoo.com
Mr Debabrata Sur
dsur@neslengg.in
Ms Sayantani Raychaudhuri
sayantani@banglanatak.com
Mr A K Sasmal
sasmal.ak@senrysa.com
Mr. Jasmeet Singh Narula,
jasmeet.n@eximbankindia.in
Capt Sanjeev Khanijo,
capt.khanijo@tciseaways.com
Mr. Prateek Agrawal
prateek@ivyproschool.com
Mr. Prateek Agrawal
prateek@ivyproschool.com
Mr.Pankaj Karmakar
icon@cal2.vsnl.net.in
Mr.Bhaswar Chandra
linkpolymer@rediffmail.com
Mr. Gautam Saha
mailus@gmail.com
npaintscal@gmail.com
Mr Tapan Kumar Ghosh
royangon@unitedbank.co.in
tkghoshyangon@gmail.com
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OUTCOME OF IMPORTANT B2B MEETINGS
Sectors
Number of
Indian
companies
Number of
Myanmar
Companies met in
each sector
Prospective
Myanmar
Companies
identified for
Future trade
Relation
Electrical & Electrical
Machineries
14
141
21
Steel
1
5
2
Engineering
5
16
2
Handicrafts,
Handlooms & Textile
5
23
4
Leather
2
10
4
Agriculture & Tea
5
21
4
Logistics
1
6
4
Chemicals & Paints
5
23
5
Healthcare & Pharma
1
20
-
Financial (Banking &
IT)
3
6
1
Agri equipment
1
50
2
Construction
1
30
3
Education
4
4
2
Total 48
349
54
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