Vietnam Business Delegation to Visit Industrial Innovation & Tech Expo

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Hyderabad The Federation of Telangana Chambers of Commerce and Industry (FTCCI), a 106-year-old city, one of India’s most vibrant regional chambers, announced that a nine-member Vietnam business delegation led by Duong Mah Tiep, Vice President of Peoples Gia Lai Province Committee, together with four business representatives, will visit the Industrial Innovation & Technology (IITEX) Expo 2023.

This is the first fair and an ambitious initiative of the FTCCI. They will be participating in the three day trade show which will be held at Hitex Hall No -1 from 28th June. FTCCI members released a poster of the demonstration.

To mark the occasion, Anil Agarwal, chairman of FTCCI, said that the expo will be jointly hosted by the chamber of industry and the government of Telangana, with the support of World Trade Center Shamshabad, ICICI, Four Solar, Quantum Energy, Standard Kitchens , Pokarna, TSIIC, TSREDCO, IIMR, MSME Ministry, ICRISAT, BNI, T HUB, IIP, Grid Club, T Works, Startup TV, TSTPC and others.

The purpose of the IITEX exhibition is to boost production through the use of the latest technologies and innovations, in the process, boost the economy and help the Atamanirbhar Bharat initiative of the Government of India. It will have 150 stalls and expect 80,000 steps. Technology has the power to do many things, including change the world we live in and how we live too, he said.

Industrial innovation and technology in the industrial space is a new or improved product or process whose technical characteristics are significantly different from before. The relationship between industrial innovation and technology is truly unique and intertwined. The importance of industrial technology is directly linked to competitiveness, explained Agarwal.

The technological advantage is today a determining factor for industrial competitiveness in the world. Technology is the main driver of growth. It is the key to reducing unit costs, improving product quality, maintaining or increasing market share, and increasing production, profits and return on investment, and ultimately survival. This exhibit is the need of the hour, he added.

Cet Power Solution (Belgium) is a leading player in the power solutions sector, known for its strong presence in the market. Some notable national exhibitors include Gujarat Informatics Limited GIL, Hypercube Analytics Pvt Ltd, Automation Solutions, Jarsh Innovations Pvt Ltd, Four Solar Energy Systems Pvt Ltd and Sadhguru Audit and GRC Solutions Pvt ltd.

Indrasen Bollampally, founder and chief executive officer of Four Solar Energy Systems, said, “The future is renewable energy. Their booth at the expo will feature various panels, create awareness among MSMEs to switch to solar energy. We at Four Solar believe that energy privatization can be achieved by spreading awareness and integrating the latest technology.

Economic Development Board Mauritius (East Africa) is the primary government agency tasked with providing strong institutional support for strategic economic planning. Electronic Government Authority (EGA) is the IT hub for the government of Ras Al Khaimah, UAE. EGA is responsible for planning and executing IT projects for most of the government departments in Ras Al Khaimah.

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