Textile Investment Opportunities in Southern Africa

 

11 May 2001

New Delhi

India

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Conference Summation

After the Wednesday event in Mumbai the IDC and Omega/Sakaza team moved onto New Delhi for the conference of Friday the 11th May 2001.

As Mumbai was an eye-opener for the delegation from South Africa - so was New Delhi.

 

A city very much different in character from that of Mumbai, New Delhi neveretheless moves at the same frenetic pace. The impact of air pollution, to which the Minister for the National Capital Territory of Delhi, the Honourable Smt. Sheila Dikshit referred to in the opening minutes of her address, is accentiated by dry duststorms at this time of the year and this resulted in us seeing the sun as no more than a hazy dim orb in the sky - far removed from sunny South Africa. 

The Maurya Sheraton hotel was an excellent and appropriate venue for our conference.

 

More narrowly sector focused than that of Mumbai, this conference primarily provided cutting-edge insight to attending delegates of opportunities that exist for Indian textile organisations to set up JV's with the Industrial Development Corporation of South Africa. Breakaway sessions were facilitated for delegates from the Indian jewellery and pharmaceutical/chemical sectors.  Whilst Question and Answer sessions reflected a desire to do business with South Africa and the IDC.  It was clear that delegates knew very little of the opportunities and attractions offered - one being that South Africa has the cheapest bulk electrification cost in the world coupled to easy grid access - without power interruptions a most important cost and practical consideration in the textile industry. 

 

As with the Wednesday event - please also see that page for feedback - a number of visits were undertaken by the IDC delegation to various companies and organisations and much potential has been identified for joint ventures and the IDC will be hard at work facilitating these opportunities.

 

For visitors to this site who were unfortunate in not being able to join with the IDC at this event but would nevertheless wish to contact the IDC may do so via their website at www.idc.co.za  or via their call centre at:

Tel: +27 (0)11 269-3000
Fax: +27 (0)11 269-3116
email: callcentre@idc.co.za

  

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Conference Organiser welcoming delegates

President of the IDC, Khaya Ngqula lights the ceremonial candle preceeding the conference

Delegates hard at work  .... 

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