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      India to share it expertise with Uzbekistan : Elangovan

      Posted AtPress Information Bureau - Government of India

      The Union Minister of State for Commerce and Industry, Shri EVKS Elangovan has said that India would share its expertise in the Information Technology sector with the Uzbekistan IT Industry to make it more world class and competitive. He was speaking after inaugurating the 2nd India Trade Exhibition at Tashkent, in Uzbekistan recently. The Minister said that the established status of India in the field of Information Technology has led major computer hardware and software giants in the world to make India as the R&D centre for Asia. He invited the Uzbekistan IT industry to have first hand experience with some of the prominent Indian IT companies participating in the Exhibition.

      Shri Elangovan recalled the launching of "Focus: CIS programme" in the year 2003 by the Ministry of Commerce and Industry which expressed India's commitment to increase trade with the countries of the region. He said that the presence of a large number of official and business delegates from India for attending the exhibition would go a long way for furthering the growth of bilateral trade and investment by fostering mutually beneficial trade partnership and commercial linkages.

      India exports drugs and pharmaceuticals, fine chemicals, machinery and instruments, paper and wood products, dyes and intermediates to Uzbekistan. Our imports from Uzbekistan include non-ferrous metals, waste, raw and combed cotton, pulses, silk, raw synthetic and regenerated fibres. Shri Elangovan said that the Indo-Uzbekistan Bilateral-trade is far below its potential and the balance of trade is in favour of Uzbekistan indicating considerable scope for Indian investors to make their presence in various sectors in Uzbekistan like, Oil and Gas sector, Textiles, Information systems, health care, food and fruit processing, Small and Medium Enterprises and Tourism.

      September 09, 2005


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