Moneycontrol
HomeNewsBusinessIndia-Indonesia Investment and Business Forum meeting held in Port Blair

India-Indonesia Investment and Business Forum meeting held in Port Blair

India is keen on expediting trade and tourism with Indonesia, especially in Andaman and Nicobar Islands because of its less distance from most of the ports in India.

December 20, 2022 / 21:15 IST
Story continues below Advertisement

A meeting of the Joint Task Force Committee of "India-Indonesia Investment and Business Forum" to identify new areas of cooperation, develop infrastructure, tourism, trade and connectivity to enhance business relations was held in Port Blair on Tuesday, officials said.

India is keen on expediting trade and tourism with Indonesia, especially in Andaman and Nicobar Islands because of its less distance from most of the ports in India.

Story continues below Advertisement

Indonesia's Sabang port in Aceh is around 90 nautical miles from Andaman and Nicobar Islands. From Port Blair, the distance from Chennai and Kolkata is 794 nautical miles and 901 nautical miles respectively.

Thus, goods procured from Indonesia would be less in Andaman compared to those brought from Chennai and Kolkata as transportation costs would be less.