It will showcase opportunities in engineering, technology in India and abroad
Representatives from 50 countries will attend A large number of SMEs will be present from Japan
CHENNAI: There will be a special focus on small and medium enterprises (SMEs) at the 17th International Engineering & Technology Fair (IETF) 2007, which will be held at Pragati Maidan in New Delhi on February 13 and 14.
"We have made it a point to bring in SMEs which have export potential and have never taken part in the fair before," said R. Seshasayee, president of the Confederation of Indian Industry (CII), which is organising the event.
The IETF is a biennial event, showcasing opportunities in engineering and technology both in India and abroad. Representatives from 50 countries will be present at the fair, which has doubled the number of exhibitors to 1,000 this year. More than a tenth of these exhibitors will be Indian SMEs.
A large number of SMEs will also be present from Japan, this year's partner country. "The big Japanese companies have established a presence here. But there is potential for co-operation between Indian and Japanese SMEs," said Mr. Seshasayee.
Apart from 100 exhibitors, including the auto giants Honda and Toyota, Japan is sending a ministerial and trade delegation led by former Prime Minister Yoshiro Mori.
"Not only [the Japanese] Government, but also industry is showing a keen interest in doing what they should have done years ago. They are taking India seriously as a destination for investment," says Gurpal Singh, Deputy Director-General and head, trade fairs, CII. He expects the fair to witness announcements of large-scale Japanese investments in retail, biotechnology and nanotechnology. Joint ventures are expected in the automotive, IT-enabled services, engineering and processing sectors.
Concurrent shows on infrastructure, rail equipment, safety technology, product and transport design, auto parts and biotechnology will be another highlight.