SOLEMN Group and Grupo RAS tie-up to boost exports
from India
New
Delhi, October 18, 2013: SOLEMN group, a government recognized export house
has signed the first ever MOU with the duty free port of Montevideo in Latin
America with Hon. Ruben Azar Sacrone, President, Grupo RAS, at Montevideo,
Uruguay. This initiative will revolutionize and boost exports from India in the
upcoming and opportunistic market of Latin America, serving as a gateway to all
states in the Latin American region – Brazil, Argentina, Bolivia, Uruguay,
Paraguay, Chile, Mexico and Panama.
Exporting
products to Latin America has never been easy for the Indian manufacturer-
traders due to the distance and delivery time constraints and hence they are
not able to tap the full potential of the Latin American market. The agreement
between SOLEMN and Grupo RAS is set to change all that, as the Port Trade
Center where SOLEMN is setting up a permanent warehouse and
showroom with inventory, is exempted from all taxes and duties. For
Indian manufacturer-exporters, this is an easy,
smart and competitive way to develop sales and distribution channels in South
America .
Announcing
the agreement, Mr. Shyam Tandon, Chairman and Managing Director of SOLEMN group
said, “Considering the ongoing recession in the export arena internationally,
currently Latin America is the only region and upcoming market which can
provide the required thrust and opportunities for the Indian Export Industry.
Upcoming International events in South America like the FIFA world cup
scheduled to be held in Brazil from 12thJune to 13thJuly,
2014 and summer Olympics scheduled to be held in Rio de Janeiro Brazil on Aug
5-21,2016 and many other important International events will give an added
boost to business and consumption in these markets.”
SOLEMN
group will have complete facility of STOCK, SHOW AND SELL under this agreement
at the Port Trade Center in Uruguay. The products would be categorized under
the following
heads-Handicrafts,Jewelry,Textiles,Commodities,Construction,Utility,
Equipments, Utensils, Home Décor, Ayurvedic and Herbal Products, Apparels and
more. Jewelry will get the brand name – SOLEMN and rest of the products will be
branded as ADITTI.
This
initiative will certainly boost the Indian products with “MADE IN INDIA” tag in
Latin America. “Indian goods, especially handicrafts, jewelry, and textiles
have a huge potential in Latin America. This agreement will specially help the
SMEs and small manufacturers who are constrained to export their products due
to the long distance between the regions and Govt regulations. SOLEMN will procure
large export orders for them, facilitate quality checks at multiple levels to
ensure that the orders are serviced and fulfilled and also assist with
the logistics. This agreement will also bring in valuable foreign exchange to
the Govt’s kitty,” added Mr. Tandon.
No comments:
Post a Comment