India to partake in Astana Expo 2017, ITPO signs participate contract

India Trade Promotion Organisation (ITPO) a trade promotion arm of the Commerce Ministry to partake in the Astana Expo 2017 to be held in June for which ITPO has signed a participation contract with Kazakstan.

The national pavilion will showcase diverse export potential of India in sectors such as textile, handicrafts, leather, science & technology, industry, agriculture, automobiles, IT, gems and jewelery.

The Department of Commerce, has approved subsidy of worth Rs 12 crore under the Market Access Initiative (MAI) support to encourage the participation of India companies, ITPO said in a statement.

Rapil Zhoshybayev, First Deputy Minister for Foreign Affairs and Commissioner of Expo Authorities Kazakstan, said that the event would also help in boosting the trade ties with India. The bilateral trade between the countries has touched USD 1 billion last year.

There is a huge scope of joint collaborations to meet the need of future generation, ITPO said quoting Zhoshybayev.

More than 100 countries and 10 international organizations are expected to participate in the three month long expo. Around 2-3 million people are expected to visit the international pavilions. The theme of the Expo 2017 will be ‘Future Energy’.

Twenty five hectares is planned for the pavilions of Astana Expo 2017, an International Exposition that is scheduled to begin from June 10 in 2017 and run till September 2017 in Astana, Kazakhstan.

Recent Posts

SHEIN expands cool transfer denim printing

SHEIN is revolutionizing denim production by expanding its use of Cool Transfer Denim Printing, a technology that reduces water and…

22 hours ago

Citizens of Humanity, Pili launch bio-indigo denim

Citizens of Humanity Group has partnered with Pili, a biochemicals firm specializing in sustainable dyes and pigments, to help decarbonize…

22 hours ago

Ambercycle, Shenghong to expand production of circular filament yarns

Ambercycle, Shenghong Holding Group have announced a strategic collaboration to enhance the production of regenerated filament yarns made with cycora…

22 hours ago

Teijin Frontier develops innovative fabric

Teijin Frontier has introduced a next-generation fabric with dual-layer knitted technology that offers contact cooling and prevents sweat-induced stickiness.

2 days ago

GTT partners with Golden Long John for sustainable fabric dyeing

GTT has partnered with Golden Long John, a supplier for global footwear brands, to advance cleaner and more efficient fabric…

2 days ago

Ventile collaborates for biodynamic cotton farming in Egypt

Ventile has collaborated with EBDA to promote biodynamic farming in Egypt, marking the second year of focusing on supporting sustainable…

2 days ago