TANZANIA, Sep 20: India’s largest overseas engineering exhibition INDEE after completing 45 years, traversing 27 nations all set for the 42nd edition from September 22-24 in Tanzania.
The mega show is being organised by EEPC India in association with the Department of Commerce, Ministry of Commerce and Industry, Government of India; Indian High Commission in Tanzania and Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA).
The Tanzania edition of INDEE will be co-located with three concurrent shows the 22nd INDUSMACH Africa 2022, Tools and Hardware Africa, and East Africa International Trade Exhibition 2022. The shows will provide Indian manufacturers exposure to explore export opportunities in the entire Eastern and Central Africa.
Tanzania remains one of the key contributors to East Africa’s growing prosperity ranked as one of the top ten fastest growing economies in 2020 globally by NASDAQ. Tanzania has a substantial share in India’s engineering exports to East Africa.
In terms of engineering, India’s exports to Tanzania stood at USD 550.10 million in 2021-22. The total bilateral trade between India and Tanzania stood at USD 4.58 billion in 2021-22 recording a 92.93 per cent growth from the same period last year.
This is the first time INDEE is venturing into Tanzania making it the 28th nation with a team of over 90 Indian exhibitors representing more than 28 Engineering Product Groups including Electrical Machinery, Motor Vehicles, Agricultural equipment, Articles of Iron & Steel, Packaging Machinery, Hand Tools, Wires and cables to name a few.
Indian High Commissioner to Tanzania, Binaya Srikanta Pradhan said Tanzania has a substantial share in India’s engineering exports to East Africa which rose from 22 pc during 2020-2021 to 27% in 2021-2022.
Industrial Machinery, Products of Iron and Steel, Electrical Machinery and equipment, Two and Three wheelers, Construction Machinery are a few of the leading Indian Engineering Products exported to Tanzania.
High Commissioner of Tanzania to India, Ms Anisa K Mbega commented Tanzania has a substantial share in India’s engineering exports to East Africa due to its strategically significant geographical location.
Indian manufacturers will get an opportunity to explore the entire eastern and central Africa market during INDEE 2022, said B B Swain, Secretary, Ministry of Micro, Small and Medium Enterprises, Government of India about the Tanzania edition of the engineering event.
Chairman EEPC India, Mahesh Desai, said India is among the top five suppliers to Tanzania with a significant share in their import basket. Hence India already has a considerable presence in Tanzania’s engineering import basket The INDEE organised by EEPC India in Tanzania is one such step towards deeper and more beneficial cooperation between the two countries. (UNI)