Indonesian-Indian rubber tie up

Indonesian-Indian rubber tie upINDONESIA, the second largest rubber producer in the world, has invited the Indian rubber industry to invest in the country and benefit from ample natural rubber resources. In a meeting with All India Rubber Industries Association (AIRIA), Dickey Fabrian, Consul-General of the Republic of Indonesia in India, conveyed his country’s eagerness to increase bilateral trade in rubber goods recently.
Fabrian invited the Indian rubber industry to start its rubber manufacturing units in Indonesia due to availability of natural rubber, inexpensive labour/power and friendly government policies. Indonesia has also invited investors to invest in rubber plantations through leasing.(PRA)