He said that, uniform treatment for all the companies, whether it is Indonesian or other foreign companies, is a vital feature guaranteed through the policy.Andi M Ghalib, Indonesian Ambassador to India, had recently headed a group of representatives to the Central Silk Board, Karnataka, to survey newer means through which, they could establish long-lasting relationship with the Board for initiating sericulture in Indonesia.

Ghalib further said that, Indonesia at present procures 80 percent of its silk requirement from China, but it would like to explore other durable sources to serve as raw material providers to the country. He also added that, when compared with other sources, Indian silk was quite economical.

In addition, Ghalib also averred that, the association with the Board was not just limited to supplying Indonesia with its silk requirements, but the country was also keen in learning the art of silk cultivation. During the last week, members of the delegation also interacted with silk farmers to study silk farms and understand the process and art of silk making further.

The Indonesian team, which is trying to bring in investment from Karnataka-based companies, will shortly be making a presentation before the Bangalore Chamber of Industry and Commerce. The framework of the new industrial policy, to a greater extent is investor friendly, informed Ghalib.

He said that, uniform treatment for all the companies, whether it is Indonesian or other foreign companies, is a vital feature guaranteed through the policy.
POST: 2024-11-24