The eleventh office of the Confederation of Indian Industry (CII), was inaugurated by Dr. S Jaishankar, Minister for External Affairs along with Thomas Lembong, Chairman of the Indonesian Investment Coordinating Board (BKPM) in Jakarta, Indonesia, at a special function on September 5. Speaking at a special session organised on the occasion of the launch, Dr. Jaishankar said that the opening of the CII office in Jakarta was announced by Prime Minister Modi in 2018 and he was happy to see it become a reality. He further stated that he was confident that with CII office support to industry, the goal of USD 50 billion, in terms of both bilateral trade and investment by the year 2025 will be achieved. He also emphasised that Indian companies should use the CII platform to understand Indonesia and Indonesian companies should use the CII platform to understand India and the opportunities available.
Lembong said he was happy on the launch of the CII office in Indonesia. He stated that in order to improve bilateral economic relations between India and Indonesia an immediate step could be to promote Indian tourism to Indonesia. He also said that Indonesia needs to improve both its imports from India and investment in India.
Pradeep Rawat, Ambassador of India to Indonesia, in his remarks, expressed his happiness over the opening of the CII office on the model of support by Indian and Indonesian industry.
Dhruv Sawhney, Past President, CII and Chairman & Managing Director of Triveni Turbines, stated that CII will be the one-point of contact for Indian industry to collaborate with its counterparts and be part of Indonesia’s growth story and for Indonesian companies to connect with India. Opening of CII’s Jakarta office is part the industry chamber’s new initiative to open offices in select emerging markets to facilitate trade and investment by Indian companies in those countries.