Recently, the relaunch of the Indian Chamber of Commerce in Indonesia (IndCham) marked a pivotal moment in this evolving relationship, underscoring the importance of economic collaboration and laying the groundwork for future growth.
India and Indonesia are poised to significantly strengthen their economic partnership, with a goal of reaching USD 50 billion in trade by 2025.
India currently stands as the 14th largest investor in Indonesia, with approximately 80 Indian companies operating in the country.
The Relaunch of India-Indonesia Chamber of Commerce
The Embassy of India in Jakarta, in collaboration with IndCham, hosted the relaunch ceremony of the Indian Chamber of Commerce in Indonesia recently.
The event saw the participation of over 150 representatives from Indian and Indonesian companies, including major players like Sinarmas, Adani, Tata Power, and Air India.
The event was presided over by the Ambassador of India to Indonesia, Sandeep Chakravorty, and featured notable figures such as Pak Arsjad Rasjid, President Director of Indika Energy and KADIN Chairman, and the Head of CII Indonesia.