Event Report: Multisector B2B Event – Business Delegation from India

The Multisector B2B Event featuring a business delegation from India, organized by the Embassy of India, Jakarta in collaboration with India Indonesia Business Forum (IIBF), took place on October 8, 2024, at The Ritz Carlton, Mega Kuningan, Jakarta. The event aimed to explore business collaborations and strengthen trade ties between India and Indonesia across various sectors. The delegation comprised key representatives from business and industry in India, looking to expand their footprint in Indonesia, and local Indonesian business leaders.

The event commenced with welcome remarks by Ms. Malvika Priyadarshini, Counsellor (E&C), setting the tone for the day’s proceedings.

This was followed by introductory remarks from heads of the Indian business delegation who highlighted their missions and objectives for exploring the Indonesian market:

• Ms. KD Sushma, Chairwoman, IGTD EXIM Chamber of Commerce
• Ms. Swetapadma Mohanty, Founder and CEO, Business Leadership League
• Mr. CK Ashok Kumar, Founder, First World Community
• Mr. Rajarishi Toiwari, Founder & Director, Goldfinch Business Community
• Mrs. Choudhury Jyoshna Das, Head, World Trade Center Bhubaneshwar, Odisha
• Mr. Mohamed Jinna, Chairman, Halal India Organization

Their insights showcased the broad scope of business interests, from trade facilitation, business expansion, sourcing to community engagement and halal certification.

H.E. Sandeep Chakravorty, Ambassador of India to Indonesia, delivered the opening remarks, where he expressed gratitude for the organization of the event and emphasized the strategic importance of Indonesia as a gateway to ASEAN and APEC markets. He encouraged the business delegation to focus on future opportunities in Indonesia’s growing economy, particularly in sectors such as food processing, healthcare, energy, and digitalization.

The Ambassador stressed the need for businesses to expand their focus beyond Jakarta and explore regions like Kalimantan, Sulawesi, and Sumatra, where growth potential is significant. He also highlighted the importance of partnerships and due diligence, offering the Indian Embassy’s support to facilitate business ventures. His speech concluded with a strong call to enhance India-Indonesia relations through shared democratic values and closer business ties.

Other notable speakers included:

• Ms. Neni Yuliza, Head of Import Expo and Public Service Team, BPOM, who addressed the importance of import regulations and public health standards.
• Mr. Adhi S. Lukman, Chairman, Indonesia Food and Beverages Association (GAPMMI), who provided insights into Indonesia’s food and beverage industry.
• Ms. Tashya Megananda Yukki, Vice Chairman for Food Affairs, Kadin DKI Jakarta, who outlined the opportunities in Jakarta’s thriving food sector.
• Remarks from BPJPH (TBC).

Two informative presentations followed, providing in-depth perspectives on business landscapes in Indonesia:

• Mr. Vinod Srinivas, Co-Founder and Director of JVR Jayata Consulting Indonesia, presented an “Overview of the Food and Agriculture Landscape in Indonesia.” He highlighted the growing opportunities in these sectors, particularly as Indonesia continues to increase its self-sufficiency in food production.
• CA Loganathan Anandan, Director, PT. JCSS Management Consulting, provided a comprehensive overview of the “Ease of Doing Business in Indonesia – Regulatory Framework.” His presentation guided the business delegation on navigating Indonesia’s regulatory environment and the steps to establish successful ventures in the country.

The session concluded with remarks and a vote of thanks by Ms. Poonam Sagar, Chairperson of IIBF. She expressed appreciation to the distinguished speakers, the business delegation from India, and the Indonesian stakeholders. Ms. Sagar underscored the importance of collaboration between the two countries and acknowledged the support of all organizers, participants, and sponsors in making the event a success.

The Multisector B2B Event facilitated dynamic discussions and valuable networking opportunities for both Indian and Indonesian business leaders. The event served as a platform for exploring strategic partnerships, understanding Indonesia’s economic landscape, and strengthening trade ties between the two nations. Participants left with a clearer vision of the business potential in Indonesia and the steps necessary to foster sustainable and mutually beneficial relationships.

The India Indonesia Business Forum (IIBF) continues to play a pivotal role in promoting bilateral trade, and the success of this event is another testament to the strengthening of India-Indonesia economic relations.