Why Indonesia? - Eepcindee.com

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Indonesia Participate in India’s largest engineering exposition in Jakarta, the ideal platform for expanding your market in Indonesia and ASEAN
Why Indonesia Indonesia, the largest economy in Southeast Asia, is one of the most important emerging markets in the world. It is one of Southeast Asia's most vibrant economies, a result of decades of industrial growth and political stability. Indonesia’s economy and imports • Indonesia is the world’s third largest auto market and the largest in ASEAN • The country’s imports expanded by 36.6% to US$116 billion in 2008. • The major items of import are: Machinery and Electrical equipment: 26% of total import (2008); Base Metals: 11.9% of total import (2008); Machinery: US$8.1 billion in 2007; Metal cutting and forming machines: US$292 million in 2007; Tooling, tool and work holding devices and machine tool accessories: US$162 million in 2007 Trade • Indonesia is India's third largest trading partner in the ASEAN • The second largest export destination in ASEAN • The bilateral trade target in the next five years is US$20 billion • Engineering export is 29.45% of India’s total export to Indonesia • Indian investments in Indonesia • US$2 billion Indian investments Over 20 Indian manufacturing joint ventures. The major Indian engineering companies with joint ventures in Indonesia are: Bajaj Auto Indonesia, Bharat Heavy Electricals Ltd. (BHEL), Essar Indonesia, Ispat, Indo, Jaykay Files Indonesia, Jindal Stainless Indonesia, Minda Asean Automotive, Punj Lloyd Indonesia, TVS Motor Co. Indonesia, Tata Power Company Ltd And finally. . . • The bilateral agreement (FTA) between India and ASEAN countries provides novel opportunities to Indian exporters • The agreement between India and Indonesia offers lower duty access to 3,099 engineering items from India • 1,065 items would get zero duty access with effect from 1 January 2010 • Import duty for another 536 items will be down to zero in the coming years For a list of the items covered under FTA, please contact our offices or log on to the link: (http://commerce.gov.in/trade/ Indonesia's%20schedule.pdf)
Page 4 and 5: EEPC India invites firms to partici
Page 6 and 7: Why choose EEPC India as your partn
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Page 10: INDEE INDONESIA 2009 - APPLICATION

Why Indonesia? - Eepcindee.com

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