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Rs.400 cr business enquiries generated at IETF 2009 Print E-mail
Written by Vijay   
Friday, 27 February 2009
Bangalore : The 18th International Engineering & Technology Fair (IETF 2009) organized by the Confederation of Indian Industry (CII) at the BIEC from 23rd – 26th February 2009, which ended today, saw delegations from 21 countries like Canada, Iran, Mauritius, Sudan, Jordan, Oman, UK, Singapore, Taiwan & 8 Latin-American countries visit the fair.

Over 2450 business enquiries worth approximately Rs.400 crore was generated during the four-day event. The enquiries generated were mostly in the areas of high-end technologies, automation systems, robotics and engineering services.

Highlights of the event include the   marketing agreement signed between Kapil Dev and South Africa based Enviro-Light technologies, promoted by former South African captain Clive Rice to launch eco-friendly street lights in India and the projection of USD 12 billon bilateral trade by 2010 from USD 6 billion last year by the South African minister for Trade & Industries. IETF 2009 also witnessed the launch of several new products and signing of business deals with domestic and overseas companies.

‘Guest country’ Japan and its contingent generated the highest interest among the visitors. Japan had focused exclusively on exporing new technologies in the renewable energy sector and had showcased around 162 products. The event also provided an excellent platform for participating companies to form strategic partnership, international business networking and identifying local partners for their products and services.

Official figures reveal that the show witnessed 14000 business visitors and 3000 general visitors. 500 exhibitors from 25 countries had participated in the event.

Concurrent Seminars & conferences like the South Africa Investment Opportunities seminar, Annual Tourism Summit, 2nd Robotics & Automation Conference, Energy & Environment Seminar, Latin American Countries Conclave and MSME Open House brought together representatives of various countries on a common platform, paving the way for a multi-faceted collaboration and providing the necessary impulse and inspiration to business sectors.

 
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