Register Now
10th
India LAC
CONCLAVE
About the Conclave

The 10th CII India-LAC Business Conclave with the theme of “Advancing Economic Alliances for Collaborative Growth” is being organized in partnership with the Ministry of Commerce & Industry and Ministry of External Affairs, Government of India.

Read more
Highlights 2023
Over 20
ministers
350+
International
delegates
35+
Participating
countries
600+
Indian
delegates
More than 500
B2B meetings
Key Elements
Ministerial
Sessions
Conference
Country
Sessions
B2B & B2G
Meetings
Exhibition
Product
Launch
Tracks
Trade Mechanisms

 

Healthcare & Pharmaceuticals

 

Mobility & Automotive

 

Agriculture,
Agri Processing
& Machinery

 

Critical Minerals
and Mining

 

Infrastructure
& Logistics

 

Power &
Renewable
Energy

 

Services

 

×

 

 
Trade Mechanisms
While LAC’s exports are driven by crude oil, metal ores, and agricultural products, India’s strengths lie in pharmaceuticals, engineering goods, and IT services, presenting opportunities for diversification and mutual growth. Bilateral trade in services is another area that brims with growth opportunities. To expand trade in goods and services, India and the LAC region would do well to usher in robust, comprehensive trade mechanisms, including bilateral agreements, digital trade platforms, and the expansion of trade in high-value sectors like renewable energy, advanced manufacturing, and digital services. How can India and the LAC region create trade systems that foster resilience and inclusivity? What role can digital technologies and bilateral frameworks play in reducing trade barriers?

 
×

 

×

 

 
Healthcare & Pharmaceuticals
India’s pharma market is projected to reach USD 130 billion by 2030 and USD 450 billion by 2047, driven by generics, OTC medications, bulk drugs, vaccines, biosimilars, and biologics. With the highest number of pharmaceutical manufacturing facilities and 500 API producers, India accounts for 8% of the global API market. Meanwhile, Latin America’s biotechnology market, valued at USD 84.7 billion in 2023, is set to grow at 14.1% CAGR. Collaborative opportunities include local manufacturing, digital health solutions, and skill-building initiatives like India’s Skill India programme. What strategies can India and LAC adopt to streamline regulatory barriers and reduce market entry hurdles? How can public-private partnerships bridge funding gaps and expand healthcare access?

 
×

 

×

 

 
Mobility & Automotive
In FY23, India exported 4.76 million automobiles, employing 19 million people directly and indirectly. Its EV market is projected to reach USD 7.09 billion by 2025. In 2022, LAC imports totalled USD 113.07 billion, with USD 4.33 billion from India, signalling collaboration opportunities. Globally, India, Mexico, and Brazil ranked 4th, 7th, and 8th in motor vehicle production. With abundant lithium reserves, the LAC region is pivotal for the global energy transition, complementing India’s rising focus on EVs and sustainable mobility. How can India and Latin America collaborate to create sustainable and scalable models for workforce development in the automotive industry? What role can India play in facilitating the integration of advanced technologies in Latin America’s automotive industry?

 
×

 

×

 

 
Agriculture, Agri Processing & Agri Machinery
India is a global agricultural leader, supporting ~55% of its population. With the largest areas for wheat, rice, and cotton, it is the top producer of milk, pulses, and spices and ranks second in fruits, vegetables, tea, fish, sugarcane, and more. With a large agricultural base, India is an ideal partner for food security. Similarly, LAC is the largest net food-exporting region and both sides can share best practices in irrigation, precision farming, and cold storage that can address critical challenges. How can Indian innovations bridge LAC’s productivity gaps? What can India learn from LAC in addressing global markets and ensuring food security through public-private partnerships and technology transfers?

 
×

 

×

 

 
Critical Minerals and Mining
India’s mining sector embraces advanced technologies like UAV-enabled drones for mineral exploration, computer vision for safety, IoT sensors for real-time decisions, and digital tools to optimize renewable energy integration. Meanwhile, the LAC region holds vast natural resources, including over half the world’s lithium reserves, a third of its copper, and significant nickel and rare-earth metals. With rising mineral demand and expertise in mining technologies, India is well-positioned as a key partner for the LAC region's mining sector. How can India collaborate with LAC to address challenges in the mining sector while promoting sustainability, innovation, and efficiency? What other policies and schemes can be introduced which will focus on fostering investments, sharing technological advancements, and building partnerships to unlock the immense potential of LAC’s mining sector?

 
×

 

×

 

 
Infrastructure & Logistics
India's infrastructure and logistics sector is undergoing significant development, with a focus on improving road, rail, port, and airway networks to support the country's growing economy. Owing to large-scale infrastructure projects and initiatives like the PM Gati Shakti National Master Plan to enhance multimodal connectivity and reduce logistics costs, the Indian infra sector has seen significant growth. The LAC region comprising 35 countries and with a total population of over 663 million is progressing rapidly on regional transport and infrastructure integration. Both sides can share expertise in large-scale physical and digital infrastructure projects and public-private partnerships (PPPs) with key investment opportunities available for businesses in each other’s sectors. How can multimodal logistics networks improve trade efficiency? What role can PPPs and smart urban planning play in accelerating sustainable infrastructure development with partnerships of companies from both sides?

 
×

 

×

 

 
Power & Renewable Energy
India's electricity generation capacity stands at 452.69 GW, with renewables playing a key role. Similarly, LAC's abundant renewable resources position it as a potential leader in low-emission hydrogen production and export. Despite shared challenges like fossil fuel dependency, economic constraints, and climate vulnerabilities, India and LAC can drive global progress in renewables including green hydrogen and energy storage. How can hybrid systems and cross-border grids transform energy resilience? What innovative strategies can mitigate economic and climate challenges in accelerating the energy transition?

 
×

 

×

 

 
Services
The services sector, that contributes about two-thirds of the global GDP, plays a pivotal role in the growth and development of Indian and LAC economies across sectors such as banking, insurance, transportation, among others. With a median age of 28 years, India is uniquely positioned to leverage its youthful and talented demographic dividend through strategic collaborations with LAC economies. India’s Global Capability Centres (GCC) has also seen an impressive growth trajectory.

How can India partner with LAC countries to expand their respective services industries? How people-to-people collaborations and tourist flows will help cement the partnerships?

 
×

 

Participants Profile
Ministers & Senior Government Officials
Multi-Sector Business Leaders
Investment and Trade Promotion Agencies
Industry Associations
Multilateral Agencies
Financial Institutions and Banks
Leaders Thought

“ Our business creativity, the demand in each economy, especially the growing middle class demand, and the competitive capabilities that we both have can truly create great synergies. ”

Dr S Jaishankar
Minister of External Affairs
Government of India

“ The Latin American and Caribbean countries working together with India can become a force multiplier, a force for Global Good. ”

Mr Piyush Goyal
Hon. Minister for Commerce & Industry
Textiles, Consumer Affairs, food & Public Distribution
Government of India

“ If India prospers, India wants everybody else to prosper because that is the principle we live by. Vasudeva Kodambakkam not just a sentence. It is the very basis of our cultural existence. ”

Ms Meenakashi Lekhi
Hon. Minister of State
Ministry of External Affairs
Government of India

“ There is huge importance of India in the global value chain which is diversifying and therefore we are looking at the LAC region in terms of the FTA model that we can adopt. ”

Mr Sunil Barthwal
Commerce, Ministry of Commerce & Industry
Government of India

“ Venezuela has been suffering from sanctions from a long period of time and it is time for them to be lifted. Special emphasis should also be laid on conducting trade in local currency to enhance monetary synergies. ”

H.E. Dr. Delcy Eloina Rodríguez Gómez
Executive Vice President of the
Bolivarian Republic of Venezuela
and Minister (E) of People's Power for Economy
Finance and Foreign Trade

“ We have a fervent desire to foster collaboration with Indian IT companies, harnessing the power of digital technologies like AI to enrich the educational experiences of women and children. My emphasis lies on Venezuela's ambitious national digital initiatives, and I request India’s support in advancing our youth skill development through open-source software projects. ”

H.E. Ms Gabriela Jiménez Ramírez
Minister of Science and Technology
Venezuela

“ The India-LAC trade basket has been expanded with proactive measures. This has reduced the excess dependence on export of traditional commodities.

H.E. Mr Henry Charles Fernandez
Minister of Tourism, Civil Aviation
Transportation and Investment
The Government of Antigua & Barbuda

“ Ensuring food security along with expanding industrial capacities is the need of the hour. On the same, India can aid Bolivia in reconstructing its economy by bolstering our agriculture and industrial sectors. ”

H.E. Mr Sergio Armando Cusicanqui Loayza
Minister of Development
Planning of the Plurinational
State of Boliviaz

“ In this time of emerging awareness around climate change, it is imperative for capable countries to come together and share their best practices of establishing resilience against climate change. ”

H.E. Mr Andy Joseph Williams
Minister for Mobilisation
Implementation and Transformation
Government of Grenada.

“ It is of utmost importance that in these times of geopolitical tensions, both India and the LAC region must focus on ensuring food and energy security. Guyana is especially looking towards India to seek supervision in developing the healthcare, IT and security systems. ”

H.E. Dr. Frank Christopher Stanislaus Anthony
Minister of Health of the Cooperative
Republic of Guyana

“ A strong emphasis must be laid on the need to collaborate to develop resilient supply chains to curb fluctuations caused by global health emergencies like the pandemic and geopolitical tensions. ”

H.E. Mr Eduardo Enrique REINA García
Minister for Foreign Affairs and
International Cooperation of the
Republic of Honduras

“ I would like to underscore the strategic position of Honduras and emphasise India's capacity to assist us in the expansion of crucial programmes covering education, healthcare, food security, and energy security initiatives. ”

H.E. Mr Rodolfo Pastor de Maria y Campos
Secretary of State in the
office of the Presidency

“ We should stress the immediate need to transition from discussions to concrete actions. In this regard, I wish to highlight three critical areas for potential collaboration: intra-regional shipping and related logistics, medical trade, and technology transfers. ”

H.E. Mr Saboto Scofield Caesar
Minister of Agriculture, Forestry
Fisheries, Rural Transformation and Industry
Government of Saint Vincent and the Grenadines

“ I must emphasize the paramount importance of establishing robust energy supply chains and efficient storage facilities to optimize energy utilization and catalyse our efforts in exploring green energy solutions. ”

H.E. Mr Yvan Gil Pinto
Minister of Foreign
Affairs of Venezuela

“ I wish to highlight the critical sectors that demand our immediate attention in both India and the Latin American and Caribbean region – agriculture, climate change, renewable energy, and commerce and industry. Together, we can tackle food security challenges, reduce import dependence, and bolster local capacity within the agriculture sector. ”

Hon'ble Mr Alexandre Corona Quintero
Governor of Cienfuegos
Province in Cuba

“ Nuevo Loen is the best place to invest. As an example, three big Indian technological companies TATA, Infosys and HCL are investing in Nuevo Leon. I want to invite investors to visit us and I'm sure you will invest very soon and multiply your money. ”

H.E. Mr Samuel Alejandro García Sepúlveda
Governor of Nuevo Leon State
Government of Mexico

“ There is a need for both regions to partner in ensuring food and energy security. These are pillars of prosperity as food and nutrition would create a healthy workforce and alternative energy sources would present the nations with a sustainable growth path. ”

H.E. Ms Deborah Rivas Saavedra
Deputy Minister of Foreign Trade and Foreign Investment
Ministry of Foreign Trade and Foreign Investment (MINCEX)
Republic of Cuba

“ Guatemala has built for itself a resilient economy and ensured interconnectedness with the rest of Central America. I invite Indian investors to tap into this opportunity of expanding markets to LAC through Guatemala. ”

H.E. Mr Fernando Antonio Escalante Arévalo
Vice Minister of Development of Micro
Medium and Small Enterprises
Ministry of Economy
Guatemala

“ India and LAC can better address food security concerns through combined solutions. I believe one of the most effective solutions to address food security concerns among our nations can be to integrate Peru’s superfood production with food distribution programmes in India. ”

H.E. Ms Teresa Stella Mera Gómez
Vice Minister of Foreign
Trade of Peru

“ Venezuela had been steadfast in its economic recovery. Currently, in an effort to attract investments, we are providing special incentives to investors and Indian business can explore the same. ”

H.E. Mr Héctor José Silva Hernández
Vice-Minister of Productive Economy of Venezuela
Ministry of People’s Power of Economy
Finance and Foreign Trade of the Bolivarian
Republic of Venezuela

“ Key export items to India, including seafood, agricultural products, chemicals, forestry products, and metals like iron and steel, highlight the existing diverse trade relationship between our two nations. We would be glad to further extend the trade basket. ”

H.E. Mr Johann Carlos Álvarez Márquez
Deputy Minister for Foreign Trade and Investment Promotion
Ministry of People’s Power of Economy
Finance and Foreign Trade of the Bolivarian
Republic of Venezuela

“ I am pleased to reaffirm our unwavering commitment to advancing sustainable development in Latin America and the Caribbean. We recognise the immense potential inherent in the region's strategic location and the array of free trade agreements it boasts. ”

Mr Antonio Morales
Principal Executive
Development Bank of Latin America
and the Caribbean