Singapore : Federation of Indian Chamber of Commerce and Industry i.e. FICCI has found a new way to carry forward its furniture mission. In an event, FICCI has announced that help will be taken from Singapore for cooperation in furniture business.
Rudra Chatterjee, Head of FICCI Furniture Committee, who led the industry delegation here, said, “This mission is an important achievement in deepening the relationship between the Indian and Singapore furniture industries.”
promote progress
“We are extremely excited to explore new avenues of collaboration that can drive growth and development in both markets,” he said after talks with the Singapore Furniture Industries Council, or SFIC, on Wednesday.
Also read:- Meeting regarding health and life insurance premium postponed till October 19
round table meeting
“The opportunities for collaboration between SFIC and FICCI present great opportunities in areas such as sustainability, ‘design’ and market expansion,” said Phua Boon Huat, President of SFIC, after hosting a round table meeting and B2B meetings.
welcome to singapore
He said, “We are pleased to welcome the FICCI delegation to Singapore, building on the recent high-level meetings between the two countries and SFIC's business mission to India last August. It is also encouraging to see that some of our members are already active in India and are further strengthening the relationship.”
Take advantage of wider opportunities
Welcoming the FICCI delegation, Phua said, “We look forward to deepening this partnership for growth and sustainable development.” FICCI had signed a Memorandum of Understanding (MoU) with SFIC in 2023 to increase bilateral trade in the furniture and lifestyle sector. Dr Shilpak Ambule, High Commissioner of India to Singapore, also interacted with members of the FICCI Mission at the High Commission premises. India's furniture business has been identified by the Government of India as a key area for growth, bolstered by competitive advantages such as skilled labor force, abundant raw materials and strong manufacturing environment. FICCI said Singapore businesses are also invited to take advantage of the extensive opportunities available in India's expanding furniture market.
(with agency input)
Comments are closed.