The Indian Embassy held a conference at the Crowne Plaza Hotel on 9 December to discuss the topic, ‘Presence of Indian Engineering Procurement and Construction (EPC) Companies in Kuwait and their role in the developmental process of Kuwait’.
Attending the conference were about 100 representatives from Kuwait EPC companies, senior Kuwaiti officials and businesspersons, in addition to the Indian EPC companies that are executing various projects in the areas of oil & gas sector, universities, housing and more.
The Indian Ambassador to Kuwait H.E. Sunil Jain underlined in his opening speech that India has consistently been among the top-ten trading partners of Kuwait , and many Indian EPC companies having been awarded contracts worth over KD1.8 billion (US$ 5 billion) in Kuwait in the last 2 years.
At the conference, representatives of Indian EPC companies such as Simplex Projects Limited, TERI (The Energy and Resources Institute (TERI), Larson and Toubro, Afcons Infrastructure Ltd, Kalpataru Power Transmission Ltd, Punj Godrej, ShapoorjiPallonji, Dodsal Group and Essar Projects Ltd gave presentations on the projects they have undertaken and explained their abilities to handle additional projects.
The Indian Government’s ‘Make in India’ campaign was also promoted by General Manager of Kuwait India International Exchange, R. Kuppanna who lauded various details of the campaign as an exciting opportunity for India and its partners.
The conference aimed to set the groundwork for ‘Make in India Week’ scheduled to be held in Mumbai from 13-18 February, 2016. The Indian ambassador urged the Kuwaiti representatives from the business community and various stakeholders to participate in the event which will provide many opportunities for mutual benefit.
The conference ended with representatives from the Indian EPC companies interacting fruitfully with the senior Kuwaiti Government officials and businesspersons to help in the advancement of India’s business prospects in the many sectors of Kuwait.