Tuesday, April 30, 2013

Asian countries are serving as a major engine for global growth by way of increasing its exports as well as attracting foreign direct investments. The economic success has translated to social reforms as well, poverty rates have fallen, life expectancy has risen, and the quality of life has improved significantly over the past half century. IMF has estimated developing Asia ’s average growth at 7.1% for 2013 and 7.3% for 2014 as compared to world at 3.3% in 2013 and 4% in 2014 and advanced economies at 1.2% in 2013 and 2.2% in 2014.
Asia has been the fastest growing region of the world for several decades, comprising more than 60% of the global population and it accounts for almost a quarter of global output (22%). The speed and extent of Asia ’s economic and social progress has been inspiring and these emerging economies are now advancing at an impressive pace as a major global economic power. Asian region is emerging with strong demographics and making it lucrative for investment and trade.

In the recent years, due to export diversification efforts, the share of developing economies in India ’s total exports witnessed a gradual increase. Increased diversification in trade destinations from the advanced economies to the emerging economies might open up fresh avenues for progress in this area, going forward.

In view of the huge scope for bilateral trade and investment opportunities present for India with the new emerging countries in Asia, we are pleased to inform you that the PHD Chamber is organizing a Round Table on “Doing Business with Emerging Countries in Asia” on Tuesday, 7th May, 2013 at 10:30 am at PHD House, New Delhi.

Ambassadors/ High Commissioners from some of the emerging countries in Asia would also join the occasion and share the current economic scenario and the scope and areas of economic cooperation between India and their country. The session will provide an excellent opportunity for participants to discuss and know about the innumerable opportunities for bilateral economic cooperation between India and the other countries in Asia .

You are requested to be a part of this important session and join us and kindly confirm your participation by sending us a duly filled in Response Slip which is appended herewith by mailing at : abhishekbanwara@phdcci.in /bhawana.sharma@phdcci.in or faxing at 011- 26855450




Dr. S P Sharma
Chief Economist
______________________
PHD Chamber of Commerce and Industry
August Kranti Marg, 
New Delhi – 110016
Tel 91 11 49545454, Fax 91 11 26855450,
E mail – spsharma@phdcci.in
Website www.phdcci.in


Shabnam Pareek
Secretary (International Affairs)
_______________________
PHD Chamber of Commerce and Industry 
PHD House, 4/2 Siri Institutional Area
August Kranti Marg, 
New Delhi - 110 016 ( India )
Phone : 91-11-26863801 to 04 
(Extn. 114)
Fax : 91-11-26855450
E-mail : shabnam@phdcci.in /phdcci@phdcci.in
Website : www.phdcci.in

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