Mexico City /
The Ministry of Economy (SE), headed by Marcelo Ebrardagreed with a Indian business delegation carry out joint work to enhance trade and investments between both countries in key sectors.
It was detailed that the meeting was held by the India-Mexico Chamber of Commerce, where Indian businessmen said they were interested in understand the range of incentives available with the change of government in Mexico.
Secretary Ebrard received a delegation from more than twenty CEOs and other senior managers of Indian companies in the sectors and industries: pharmaceuticals, manufacturing, electric mobility, semiconductors, renewable energy, education, tourism and biotechnology.
In a statement, the agency indicated that the Indian delegation was led by R Dineshpresident of the International Council of the Confederation of Indian Industry (CII).
In a statement, the agency noted that some participants in the meeting They already have investments in Mexico and seek to expand their operations in the territory.
Ebrard receives CEOs:
Welcome companies from India that visit us to start investment projects in Mexico: biotechnology, medicines, batteries and electric vehicles, lithium refining and exports to the United States. Welcome India to Mexico!!! pic.twitter.com/Mk7imm4FlH
— Marcelo Ebrard C. (@m_ebrard) October 19, 2024
Indian businessmen detailed that there is a concerted effort to encourage Mexican companies to diversify their presence in the marketfrom the Asian region to which they belong.
“Many of the companies participating in the meeting already have investments in the country and are seeking to expand their operations, while there is a concerted effort to encourage Mexican companies to diversify their presence in the market,” the agency stated.
The secretary @m_ebrard met with Indian businessmen to promote trade and investments in the sectors of:
✔️Information Technologies
✔️Pharmacist
✔️Manufacturing
✔️Electric mobility
✔️Semiconductors
✔️Renewable energies
✔️Education
✔️Tourism… pic.twitter.com/7N5TOgRdaz— Economy Mexico (@SE_mx) October 20, 2024
Ebrard highlighted the plans of the president’s government Claudia Sheinbaum to develop industrial corridors and large infrastructure works, as well as the competitive advantages that Mexico offers in terms of demographics with highly qualified labor, as well as its strategic geographical position.
The meeting is added to the one held last October 14 and 15 with executives from the United States, as part of the CEO-Dialogue, where President Sheinbaum, together with different executives, made the announcement of 20 billion dollars of investment to the country.
SNGZ
