• Home
  • Contact
FICCI blog
  • Home
  • Contact
Home  /  Domestic Economy  /  Future of India-LAC Partnerships in Services
07 September 2021

Future of India-LAC Partnerships in Services

Written by Mr Dilip Chenoy
Domestic Economy Comments are off
Share this..
Twitter0
Facebook0
LinkedIn0

India and LAC region have remarkable similarities belying the expected gulf due to oceans of distances and cultural evolution. Blessed with human capital, abundant natural resources and a growing pool of technologists, innovators and entrepreneurs, this relationship between our emerging markets can unlock new opportunities of industrial prosperity and human development.

Recent trends in trade figures reflect that India and LAC have established strong bilateral trade links.  India and LAC region are also working with the various trade blocs like MERCOSUR, Pacific Alliance, and others to develop synergy in trade. There has been a significant presence of Indian companies in the LAC region in diverse sectors of IT, pharmaceuticals, crude oil, agro-chemicals, automobiles, etc. Similarly, major big companies from LAC countries like BIMBO, Cinepolis, WEG, AJE Group, etc., have their presence in India.

It is the right time to explore collaboration opportunities in non-conventional services sector as India is a strong service driven economy. To achieve success, business establishments from India and LAC must explore and tap opportunities in services. Forging partnerships and building relationships with fellow businesses are vital to the progress of a business in any industry. Not only does a partnership increase customer base, but it also provides opportunities to learn new strategies and open-up new revenue streams.

Joint collaborations in the sectors of media, entertainment, aviation, telemedicine, e-Governance, Ayush, Fintech, EdTech, innovative technologies, skill development will assist in vitalizing the strong existing business relationship between the two regions.

During LEADS 2021, the LAC session will be the optimistic connector between India and LAC’s future of partnerships in services.

The author is Secretary General, FICCI

**This blog is a part of the ‘FICCI LEADS 2021: Reimagine the World’ series.

 Previous Article Future of India- Middle East Partnerships in Entrepreneurship and Start-Ups
Next Article   Future of Digitalisation in India-Africa Partnerships

Related Posts

  • Massive potential for farmers, consumer by strengthening millet value chain; Let’s strive to put ‘Millets on every plate’

    January 2, 2023
  • Energizing travel towards a sustainable future

    October 14, 2022
  • Technology transfer and collaboration – an important tool in enhancing the healthcare ecosystem

    June 1, 2022
  • Popular Posts
  • Recent Posts
  • Direct Selling – An Avant-garde Model February 11, 2013
  • A Billion+ Customers need a Million Sales and Service Touch Points August 14, 2012
  • Changing Times for Mining and Steel Sector in India Post COVID 19 April 13, 2020
  • Insurance Jobs of the Future January 2, 2018
  • Massive potential for farmers, consumer by strengthening millet value chain; Let’s strive to put ‘Millets on every plate’
  • Energizing travel towards a sustainable future
  • Mining for a Green Future- What Lies Ahead
  • Technology transfer and collaboration – an important tool in enhancing the healthcare ecosystem

Drop us a line..

February 2023
M T W T F S S
« Jan    
 12345
6789101112
13141516171819
20212223242526
2728  

FICCI Tag Cloud

banking budget business business confidence CAPAM 2017 Knowledge Paper capital markets Changing Face of Insurance crime direct selling economic relations economy economy insights Economy of Jobs economy watch education environment FDI ficci finance financial foresights fintech growth GST healthcare homeland security india industry innovation insurance MSME oil opec policy policy reforms RBI reforms retail skills Skills for All SME survey technology UK universal basic income women
   Get Updates via RSS Feed

   FICCI website

Social Media

  • Connect on Facebook
  • Connect on Twitter
  • Connect on LinkedIn
  • Connect on Instagram
  • Connect on YouTube

Archives

Popular Posts

  • Energizing travel towards a sustainable future
  • Mining for a Green Future- What Lies Ahead
  • Massive potential for farmers, consumer by strengthening millet value chain; Let’s strive to put ‘Millets on every plate’
© Copyright 2018. FICCI.