IED Communications Ltd in its continual endeavour of promoting Indian automation industries at global platform has now reached the African frontier. Republic of Rwanda, one of the rapidly growing African countries on the economical and infrastructural levels, has become the partner country for the Automation 2014 show.
In fact, other African developing countries are also in the process of coming on board as bilateral partner countries for the show. Republic of Rwanda will participate in the International Exhibition Automation 2014 in Mumbai as a partner country. So Rwanda and other African Countries will have a strong presence at Automation 2014 with Government representatives as well as business delegations participating.
"This is an indication of the growing links with India in the engineering, electrical and projects industries. We are proud to serve Indian industries for their economical growth through business development on the platform of Automation 2014," said M Arokiaswamy, Managing Director of IED Communications Ltd.
Republic of Rwanda is the most rapidly growing economy in East Africa. It is growing at 8 percent average year-on-year GDP growth, with a stable inflation and exchange rate. The country has a very sound macroeconomic management and robust fiscal discipline. It has a clear vision for growth through private investment set out by its President Paul Kagame through Vision 2020. Rwanda is an open market of over 11 million people with a rapidly growing middle class.
According to Arokiaswamy, the Republic of Rwanda is an increasingly attractive destination for foreign investments. There is a great opportunity for Indian industries to develop business in that market. It is the most competitive place to do business in East Africa and is ranked third amongst African countries as per the Global Competitive Index Report 2013-2014. In Rwanda, a new Special Economic Zone has been developed and it is now operational. More such zones are planned on the districts level as well. The country has very high labour efficiency and offers an excellent and flexible supply of labour. Its workforce is also demonstrating increasing capacity as well as knowledge-based industry. The Government of Rwanda is a very investor-friendly government committed to the market economy, which is very inspiring for Indian industries and especially for the automation Industry. Indian industries, specifically in the automation segment must grab the huge investment opportunities Rwanda, particularly in sectors such as infrastructure, energy, information & communication technology, mining, manufacturing, real estate & construction, financial services and agriculture.
Automation 2014 in India promises to be the right platform to examine new foundations for progress, to improve existing products and processes. The show will also organise knowledge based technical conferences. In-depth discussions with experts on various subjects like innovations in technology, foundation field-bus technology, safety and security, tank automation and metering will be organised during the exhibition. Businesses looking for sustainable solutions for profitability, optimisation of plans, cleaner and greener operations, and safety and energy efficiency will be heading to Automation 2014, a flagship event of IED Communications. According to the organisers, this is the biggest show in South East Asia for the automation sector and the second biggest show in Asia after IAS Shanghai. The ninth edition of Automation 2014 will be held from October 15 to 18, 2014 at the Bombay Exhibition Centre, in Mumbai - the financial capital of India.
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