Through March 28-29, 2011 Georgian-Indian business was conducted at “Sheraton Metekhi Palace” Hotel. The event was jointly organized by the Ministry of Economy and Sustainable Development of Georgia, Georgian National Investment Agency, Federation of Indian Chambers of Commerce and Industry (FICCI), Ambassador of India in Georgia and Armenia, Georgian Employers Association. The main goal of the business forum was to encourage networking between Georgian and Indian companies, also plan concrete cooperation opportunities.
The event was opened by Vera Kobalia, Minister of Economy and Sustainable Development of Georgia. During her speech Mrs. Minister noted that government pays a great deal of attention to strengthening economic ties with India and based on todays cooperation between two countries it is expected that by the end of the year the flow of Indian FDI will significantly increase. Minister shortly introduced the situation in terms of doing business in Georgia which was attained thanks to successfully executed reforms in recent years.
Keti Bochorishvili GNIA Director along with George Tsikolia, Investment Projects Manager made a comprehensive presentation on the investment climate and business opportunities in Georgia. The liberal tax regime and labour code was emphasized.
In the framework of the business forum B2B meetings were organized between Georgian and Indian companies. 20 Indian companies from following sectors were present at the event: pharmaceutics, agriculture, health care, construction etc. The site visits were also conducted to Georgian companies where the Indian businessmen had an opportunity to see the operations of the companies on spot.