Bilateral Meeting between Shri Praful Patel and H.E. Soe Thein
Date: October 14, 2011
A bilateral meeting between Minister of Heavy Industries & Public Enterprises Shri Praful Patel and Myanmar Minister of Industry, H.E. Soe Thein was held here today.
The Ministers discussed ways of bringing about mutually beneficial collaboration between Indian and Myanmar companies and industries. Some of the issues discussed are:
- India has successfully implemented two Government of India assisted projects with the support of Myanmar government. The TATA Heavy Truck factory which was inaugurated by the Prime Minister of Myanmar in December 2010 has completed its second phase and is ready to manufacture about 1,000 trucks annually though there is a scope for increase to about 5,000. TATA Motors is engaged in discussions with Myanmar on setting up a bus-assembly line and on supply of passenger vehicles to Myanmar. The success of these projects is a precursor to everlasting strong commercial relation relations between the two countries.
- HMT (I) has successfully set up the Myanmar-India Industrial Training Centre at Pakokku. So far, 209 people have been trained at the centre. The Government of Myanmar has requested a second ITC in Myingyan for which an MoU was signed during the visit of our External Affairs Minister to Myanmar in June 2011. The work has been entrusted to HMT (I) owing to their success in the first centre.
- The tender for supply of tractors and agricultural machinery to Myanmar has already been awarded and the first lot will be supplied shortly.
- The projects proposed by Indian companies in setting up of cement plant, paper pulp etc. will open avenues for enhanced industrial partnerships. A few Indian companies have also shown interest in rubber plantations and production of rubber products in Myanmar. With the support of the Myanmar Government, these projects will be instrumental in paving ways for increased investment from India in industry and technology.
- Myanmar has opened up their automobile sector in which it has proposed to invite foreign companies to open offices in Myanmar for sale of automobiles. India looked forward to Myanmar facilitating Indian companies to enter the automobile sector and strengthen our collaboration.
The Ministers agreed that India and Myanmar should work together to benefit from the opportunities arising as a result of these efforts and work together to make these projects successful.
(Release ID: 76672)