An interactive session organised here on Friday by the Odisha State chapter of the Confederation of Indian Industry (CII) and the Department of Trade and Industry of the Republic of South Africa discussed India-South Africa economic cooperation with focus on promotion of capital equipments used in mining and mineral processing industries.
The growing activities in the State in the mining and mineral-based industries segments are of interest to the South Africans who have a well-established mining activity back home. The main objective of the session was to provide a platform for the South Africa delegation having interests in manufacturing equipment and machinery used mostly in the mining and mineral industry to meet with potential importers and joint venture partners in the State.
CII Odisha Chairman MK Gupta said the move would be beneficial for the local industries. Senior Advisor of South Africa High Commission SC Pradhan explained about the investment environment and opportunities in South Africa. Director of Export Promotion Department of Trade and Industry of South Africa Kenneth Malatsi also spoke on the same theme.
Kasi Sales and Services Pvt ltd Managing Director Sunil Taneja discussed the market scenario of mining equipments in the State with statistical data and a detailed report of iron ore, bauxite and coal industries value addition to the State in the ear past and their importance in the immediate future.