India-Indonesia Investment Forum Aims for Deeper Business Ties

India’s Financial Express is reporting that in a significant move to strengthen economic and business ties, the Embassy of India in collaboration with the India-Indonesia Chamber of Commerce (IndCham) is organizing the “India-Indonesia Investment Synergy Forum: Bridging the Future” on Friday (6/12/24,) in Jakarta.

This forum, held as part of the celebrations marking 75 years of diplomatic relations between India and Indonesia, comes ahead of the 3rd India-Indonesia CEO Forum scheduled for early 2025 in India.

According to Financial Express, the upcoming forum aims to explore synergies between the two nations, focusing on key sectors such as connectivity, industrialisation, healthcare, food security, financing, and digitalisation, bringing together influential policymakers, industry leaders, CEOs, investors, and experts to chart a collaborative path towards sustainable growth and investment opportunities in both countries.

The forum will open with a plenary session featuring keynote addresses from two prominent Indonesian leaders:

Airlangga Hartanto, Indonesia’s Coordinating Minister for Economic Affairs, will share insights on Indonesia’s vision for economic growth and the importance of strengthening bilateral partnerships with India.

While Hashim Djojohadikusumo, Special Presidential Envoy for Energy and Environment, will discuss the importance of energy and environmental cooperation, particularly in the context of the green economy.

These addresses will set the stage for the day’s discussions, highlighting the deepening of India-Indonesia economic ties and the collaborative potential across several sectors.

Following the plenary session, the forum will feature two critical panel discussions, each focusing on the most pressing topics for India and Indonesia’s future economic cooperation, says Financial Express.

“Building Bridges Between ‘Make in India’ and ‘Made in Indonesia’”

Moderated by M Taufiqurrahman, Chief Editor of The Jakarta Post, this panel will explore trade, investment, and technology synergies between India and Indonesia. Speakers will discuss how both nations can drive sustainable growth through capacity-building, innovation, and increased trade.

Indian Speakers:

Raja Khurana, Vice President, Invest India – Discussing India’s key economic reforms, including PM Mitra Parks and Start-Up India.

Sandip Shah, Head of IFSC Department, GIFT City – Highlighting GIFT City as a global hub for financial services and IT.

Kumar Ankit, Senior Vice President, Paytm – Discussing the transformative role of digital payments and financial inclusion.

Indonesian Speakers:

Shinta W. Kamdani, Chairwoman of APINDO – Focused on empowering women and MSMEs to drive economic growth.

Bambang Susantono, Former Vice President of ADB – Discussing green innovations and sustainable economic practices.

Oki Ramadhana, IDX Commissioner – Exploring capital market cooperation and best practices.

“Financing the Future”

Moderated by Nitin Jaiswal, Head of Asia-Pacific External Relations at Bloomberg, this panel will delve into innovative financing strategies and frameworks. The session will focus on creating resilient financial systems to support investments in both countries, ensuring sustainable economic development, says Financial Express.

Strengthening Bilateral Business Opportunities

This forum is poised to act as a launchpad for the 3rd India-Indonesia CEO Forum, which will take place in India early next year. The outcomes from the discussions in Jakarta will lay the groundwork for deepening trade relations, boosting investments, and unlocking new business opportunities across both economies.

With representatives from major trade bodies such as KADIN Indonesia, CII, and the Indonesia-India Business Forum (IIBF), the forum will foster networking and collaboration, identifying actionable business initiatives that will shape the future of the bilateral economic relationship.

The India-Indonesia Investment Synergy Forum is not only a key event in the 75th-anniversary celebrations but a pivotal moment in shaping the next phase of economic cooperation between two of Asia’s largest and most dynamic economies. As both nations look to expand their global influence, this forum provides a significant opportunity to set a shared agenda for growth, innovation, and sustainable development, according to Financial Express.

Source: Financial Express

Stock image by jorono from Pixabay

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