Moneycontrol PRO
Swing Trading 101
Swing Trading 101

Taveesin said efforts to increase connectivity between

Taveesin said efforts to increase connectivity between

March 18, 2013 / 15:48 IST

India and ASEAN region is a win-win situation for both sides. "In terms of investment, Thailand ranks 36th among the largest investors in India with a cumulative FDI outflow of USD 94.8 million or about 0.06 per cent of India's total FDI, It is mostly in machinery, feed and livestock products and construction. "India has invested almost USD 460.2 million in Thailand mostly in chemical, paper, metal products, light industries, plastic products, auto and auto components," she said. Regarding her government's efforts to increase trade ties with the North Eastern states, Taveesin said that "there is an wide open door for closer cooperation in numerous fields such as agriculture, forestry, mining, energy, hydro-power and eco-tourism." She said: "North East India has been regarded by members of the business community in Thailand as a very important and attractive market and as a promising and welcoming investment destination. "And combining these trends of North East India with Thailand, this powerful cooperation will certainly form a potential sub-regional hub with a gigantic market place full of opportunities with possibilities for investors, traders and people from India, Myanmar and Thailand." Regarding her meeting with Assam Chief Minister Tarun Gogoi earlier in the day yesterday, Taveesin termed it as "very promising." "I am sure that a lot of things would follow up from here. I was very much impressed when we travelled through Guwahati just now. I was surprised to see that the place is quite advanced and there is lot of good infrastructure. The city is quite impressive... "That lays good ground for confidence building and for things to move forward. I believe that we will be able to make something happen in the near future (regarding ties between South East Asia and the North Eastern states)," she said. (MORE) PTI PPB TVS

first published: Mar 18, 2013 12:32 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347