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Label connection

A trade-enhancing forum between European and Indian labelling industries is on the anvil after a series of conferences in Mumbai and New Delhi, updates Times Food Processing Journal

FINAT, the self-adhesive label trade association will act as a 'matchmaker' between European and Indian labelling industries to create a forum to give small and medium sized member companies in both regions better chances of doing business with each other. The forum is supported by the EU's Asia Invest programme and will be organised in co-operation with the national trade associations VskE (Germany) and LMAI (India). The move will culminate with face-to-face meetings between companies in New Delhi in December, but will start in August when members of the Label Manufacturers Association of India (LMAI) would meet in Mumbai to be told of the practical aspects of doing business with European companies. It is hoped that a total of about 80 small and medium sized label printers and converters from both trade regions will form the core of the Euro-India Labelling Exchange, as the forum will be called. Jules Lejeune, MD, FINAT and Surendra Kapur, President, LMAI, foresee great potential for co-operation between partners in the respective regions. "The aim is to lay the foundation for successful business co-operation between Indian and European SMEs in the labelling industry. This includes the development of trade and supply relations, investment in the labelling sector both in India and the EU, the establishment of joint ventures and the transfer of market knowledge and technology." "Success will strengthen the sector in both India and the EU." The conference that is to be scheduled in Mumbai will explain to LMAI's members the objectives of the Labelling Exchange, introduce the European market to them and provide general information concerning the Asia Invest programme. The meet is also expected to identify companies wanting to develop joint trade relations and will enable profiles to be developed to facilitate the 'matchmaking.' The European-Indian Labelling Exchange (December 5-7, 2006) will feature a seminar giving detailed oversights into the respective markets, before moving on the face-to-face meetings between companies that want to develop partnerships. This event will coincide with the India Label Show that will be held in New Delhi from December 6-9, 2006.

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