Led by Sudhir Deoras, Chairman, CII Eastern Region, the delegation which left Kolkata on Sept 3, is now in Seoul meeting the top functionaries of the Korea Trade-Investment Promotion Agency (KOTRA) - an agency dedicated to supporting South Korean companies expanding overseas; the Federation of Korean Industries (FKI) - that champions the principles of free enterprise and joining a roundtable session with Kim and Chang - the country's largest law firm.
The primary objectives of the high-powered delegation that consists of prominent industry leaders such as Rajive Kaul, Past President, CII and Chairman, Nicco Corporation Ltd; Viresh Oberoi, Deputy Chairman, CII Eastern Region and Managing Director and CEO, Mjunction Services Limited; P Sant Prasad, Dy. GM India Sourcing Overseas Purchase, Tata Daewoo Commercial Vehicle and Avijit Mitra, CEO, RSB Castings are to understand the economic scenario.
They also aim to gain valuable perspectives on the emerging sectors, explore strategic business opportunities and connect with key ministries and important industry representatives in South Korea and Japan.
"Since CII upholds the value of sharing best practices, the focus is on technology and innovation as well. We look to learn from the excellence the two countries have demonstrated," said Deoras,
"Our experiences have been remarkable in South Korea. We have visited Incheon, Busan, Ulsan, and Seoul, and met a number of influential business leaders. In Ulsan, we made a trip to Hyundai Heavy Industries (ship building). We are confident that the interactions will be rewarding for the eastern region, particularly West Bengal," he added.
"We met leaders of Busan Chambers of Commerce in Busan where we also visited Environment and Energy Tech 2013, BEXCO, and joined a meeting with BEXCO Chairman and CEO, Oh Sung-keun at the Convention Centre. The Convention Centre is stupendous -- a huge learning experience for us all as to how we should build for the future," said Saugat Mukherjee, Regional Director, CII Eastern Region.
"Our Incheon experience was equally enriching. Much of the city has been built on reclaimed lands. It can serve as model," added Mukherjee.
The Mission Members also had a meeting with Vishnu Prakash, Ambassador of India to South Korea, at his residence and a breakfast meeting with the representatives of the Indian Chamber of Commerce (ICC).
They also visited the Incheon Free Economic Zone (IFEZ), a result of South Korea's 'Northeast Asia Economic Centralization Strategy'.
Built on 209 sq km, IFEZ includes Incheon International Airport and Incheon Port.
According to reports, on Saturday the CII delegation will fly down to Osaka Prefecture to kick off its Mission Japan.
"In Osaka, we look forward to a special tour of the world famous Konosuke Matsushita Panasonic Museum," Deoras said.
The Mission Members will meet the representatives of the Osaka Chamber of Commerce and Industry (OCCI) where the Consul General of India will be present.
The next stop is Toyota Factory, one of the finest examples of innovation and excellence in automobile industry.
The delegation will also visit the Japan International Cooperation Agency (JICA), a group dedicated to supporting inclusive development, and Amada Machine Tools, a unit that that does metal cutting and machine tool businesses for the group.
The Mission Members will make a trip to Tokyo from where they will head for the world famous incubation centre in Tsukuba.
Widely known as a cradle of innovation, the incubation centre is run by a public research organisation called National Institute of Advanced Industrial Science and Technology.
In Tokyo, Deepa Gopalan Wadhwa, Ambassador of India to Japan, will host a reception for the Mission Members.
"We are confident Eastern Region's tryst with East Asia will produce win-win results," said Mukherjee.
--IBNS (Posted on 06-09-2013)