Background on Key Figures and Relevance
Miguel Ángel Landeros, the president of COMCE Occidente, plays a crucial role in this development. As the head of the exporters’ council in Jalisco, a Mexican state known for its manufacturing and technology sectors, Landeros is actively working to diversify Jalisco’s export markets. His recent visit to India signifies a significant step towards strengthening trade relations between Jalisco and the rapidly growing Indian economy.
The Confederation Industrial India (CII) is the most prominent business organization in India, representing a vast and burgeoning market with over 1.5 billion people. CII’s collaboration with COMCE Occidente aims to create an annual forum that alternates between India and Mexico, fostering economic discussions at a ministerial level.
Upcoming Collaboration and Objectives
Annual Business Forum: In November, Jalisco’s businesspeople, authorities, and university representatives will participate in CII’s annual meeting. This event will be attended by India’s Minister of Economy and other high-ranking officials from CII, signaling a commitment to deepening commercial ties between the two regions.
- Key Sectors for Jalisco: Automotive, electronics, software, agroindustry, biotechnology, pharmaceuticals, and tourism are sectors with significant potential in the Indian market.
- Educational Exchange: Landeros aims to address Jalisco’s talent shortage by collaborating with high-level educational institutions like the Indian Institute of Information Technology (IIIT) to create joint projects and reduce the deficit of specialized professionals.
- Market Diversification: By fostering relationships with countries like India, Jalisco seeks to reduce its reliance on the US market and capitalize on existing trade agreements with over 54 nations.
Importance of Strengthening India Relations
Landeros emphasizes the significance of nurturing India relations, given Mexico’s delayed recognition of its potential. He highlights the role of the Mexican Embassy in India and COMCE’s collaboration in promoting Jalisco’s interests, being the only private sector organization in Mexico with a federal government agreement to carry out ProMéxico’s former functions.
