New Delhi: India’s Confederation of Indian Industries (CII) on Wednesday signed a Memorandum of Understanding (Mou) with KADIN to promote bilateral economic, trade and technological cooperation between the two nations.
The MoU was signed by the Director General of CII and the Vice Chairman of KADIN will promote technological cooperation, exchange of information/visits on economic and commercial cooperation, support activities for trade promotion, suggest and recommend possible partners etc.
CII announced that it will also open its first overseas office in Jakarta, Indonesia, with its representative from India.
Directors of Himalaya Drug Company also signed a Mou with PT Kalbe Farma to work towards establishing a joint venture company in marketing, establish a research center and local manufacturing.
Prime Minister Narendra Modi is also scheduled to hold public events, including a community interaction with people of Indian origin and NRIs on Wednesday evening along with attending India-Indonesia CEO Forum with President Widodo.
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