A big trade drive is on in South East Asia - the market with nearly 200 million customers.
A big trade drive is on in South East Asia - the market with nearly 200 million customers. Focal point of the drive is in the free port of Singapore where India has opened a Trade Fair which will last two weeks.
The Fair spotlights India's industrial and commercial progress and includes the products of nearly 300 exhibitors. Earlier a similar trade fair was held in the Malayan Capital of Kuala Lumpur.
India, which has exported mostly textiles to South East Asia, is now concentrating on the sale of her sewing machines, electric fans and agricultural machinery.
Delegation from all parts of the world are showing an increasing interest in South East Asia trade. Britain and America, whose products are wall known in the area, are determined to hold their markets in face of competition from Japan and West Germany who have both increased their exports to the area.
On June 1, M. V. Strast Banka, arrived in Singapore as Australia's trade ship. She is expected to visit Malacca, Port Swettenham, Penang, Colombo, Bombay and Karachi on her mission.