Jakarta (Antara Bali) - India is seeking to invest more in Indonesia, according to the newly appointed Indian ambassador to Indonesia, Gurjit Singh.
"Indonesia and India's relation is already at a very good stage. But I'm looking forward to having more Indian companies invest in various sectors in Indonesia, such as textile, pharmaceutical, leather and automobile," he said here on Tuesday.
The ambassador explained Indonesia and India had set a target of US$25 billion worth of trade by 2015. With the value of current year's trade reaching US$20 billion, Singh said both countries needed to do more in order to realise the target. "More investment will eventually boost trade value between Indonesia and India," he added.
Singh stated India was interested in assisting Indonesia in realising its target of producing more value-added goods in the future.
"We are aware that the Indonesian government is interested to boost production of value-added goods. I'm going to be engaging with the Indian corporate sector to look at how we can invest in Indonesia to enhance the production of value-added goods in the country," he said.
Singh studied at Mayo College in Ajmer, St. Xavier's College in Kolkata, and completed his postgraduation in International Studies at JNU. Appointed to the Indian Foreign Service in 1980, he has served in the Indian Mission in Tokyo (twice), Colombo, Nairobi and Rome. He has been the Ambassador of India to Ethiopia and Djibouti, and also the Representative of India to the African Union.
Recently, till his appointment as Ambassador of India to Indonesia, Singh was heading the East and Southern Africa Division in the Ministry of External Affairs.(*/M038)
COPYRIGHT © ANTARA News Bali 2012
"Indonesia and India's relation is already at a very good stage. But I'm looking forward to having more Indian companies invest in various sectors in Indonesia, such as textile, pharmaceutical, leather and automobile," he said here on Tuesday.
The ambassador explained Indonesia and India had set a target of US$25 billion worth of trade by 2015. With the value of current year's trade reaching US$20 billion, Singh said both countries needed to do more in order to realise the target. "More investment will eventually boost trade value between Indonesia and India," he added.
Singh stated India was interested in assisting Indonesia in realising its target of producing more value-added goods in the future.
"We are aware that the Indonesian government is interested to boost production of value-added goods. I'm going to be engaging with the Indian corporate sector to look at how we can invest in Indonesia to enhance the production of value-added goods in the country," he said.
Singh studied at Mayo College in Ajmer, St. Xavier's College in Kolkata, and completed his postgraduation in International Studies at JNU. Appointed to the Indian Foreign Service in 1980, he has served in the Indian Mission in Tokyo (twice), Colombo, Nairobi and Rome. He has been the Ambassador of India to Ethiopia and Djibouti, and also the Representative of India to the African Union.
Recently, till his appointment as Ambassador of India to Indonesia, Singh was heading the East and Southern Africa Division in the Ministry of External Affairs.(*/M038)
Editor : Nyoman Budhiana
COPYRIGHT © ANTARA News Bali 2012