Enhancing Economic Partnerships: India-Indonesia Business Forum 2024

05 Feb, 2024

Enhancing Economic Partnerships: India-Indonesia Business Forum 2024

On January 31st, 2024, the Embassy of Indonesia convened the India – Indonesia Business Forum 2024 at the Taj Mahal Hotel, New Delhi. This event served as a pivotal platform for fostering economic relations and catalyzing mutual growth opportunities between the two nations. Emphasizing sectors ripe for collaboration such as pharma, consumer goods, transportation infrastructure, tourism, e-mobility, and FinTech, the forum aimed to identify and leverage promising avenues for partnership.

Marking the commencement of the 75th anniversary of diplomatic ties between India and Indonesia, the forum initiated a series of celebratory events throughout the year. These events, ranging from business engagements to cultural festivities, underscored the significance of nurturing bilateral relations for sustained prosperity.

Speakers, including prominent figures like Yose Rizal Damuri from CSIS and Arnab Basu from PWC, offered comprehensive insights into the economic landscapes of both countries. Discussions delved into geopolitical and geoeconomic perspectives, forecasting long-term trends and identifying areas of strategic cooperation.

Further discussions highlighted the potential of sectors such as tourism, FinTech, energy transition, pharmaceuticals, and transportation infrastructure. Notable speakers shared success stories, addressed challenges, and outlined opportunities for collaborative ventures, underscoring the importance of synergy between Indian and Indonesian enterprises.

The forum also witnessed the unveiling of the 75th anniversary logo, symbolizing the enduring partnership between the two nations. With a focus on "Building bridges between past, present, and future," the event epitomized the commitment to strengthening ties and fostering inclusive growth for both India and Indonesia.