Thailand’s Deputy Minister of Commerce Suchart Chomklin and his delegation visited a high-end supermarket in New Delhi after attending the BIMSTEC Business Summit 2024, to see the popularity of Thai culinary products among Indians.
They also intend to explore more opportunities in the Indian market.
The team discovered that among the best-selling traditional Thai ingredients include mangosteen, longan, coconut, galangal, and lemongrass. According to Thailand’s Government PR Department on X, there is a designated section for Thai spices that includes ready-to-cook items like green curry paste, panaeng paste, and tom yum paste, as well as things like fish sauce, seasoning sauce, and chilli sauce.
The entire value of trade between Thailand and India in the first half of this year was $8,158.65 million. Within that figure, $2,761.65 million in imports from India were made by Thailand, and $5,397 million in exports were made to India. According to information released on X by Thailand’s Government Public Relations Department, some of the country’s top exports are plastic pallets, chemicals, completed oil products, gems and jewelry, iron and steel, machinery, cars and parts, and air conditioners and parts.
The inaugural Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Business Summit was held in New Delhi from Tuesday to Thursday, August 6–8, by the Ministry of External Affairs of the Government of India in collaboration with the Confederation of Indian Industries (CII).
The event was attended by a number of BIMSTEC Member State Ministers of Trade, Commerce, and Industry as well as Energy, as well as senior government representatives, legislators, business owners, and trade associations.
The Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation, which unites two nations from Southeast Asia (Myanmar & Thailand) and five countries from South Asia (Bangladesh, Bhutan, Nepal, India, & Sri Lanka), is very important to India.
