LIDE, the Largest Business Organisation in Latin America Opens Office in India
LIDE, the largest business leaders organisation
in Latin America, has opened its first office in India. LIDE, who represent
over 2,000 large-cap member companies globally have a business network spanning
34 economic sectors. Founded in Brazil in 2003, LIDE’s objectives are to
promote dialogue, collaboration, bilateral partnerships and responsible
economic growth for business leaders across private and public sectors.
With international offices in more than 20
countries, the office, which is in Mumbai has become LIDE’s 43rd global office. The office will not only aim to strengthen
trade relations between Brazil and India but also serve as a bridge for Indian
companies and organizations to explore new markets where LIDE is already
present. The office will look to prioritize sectors such as agribusiness,
technology, infrastructure, energy and innovation. Currently, Brazil is India’s
largest trading partner in Latin America, with bilateral trade reaching nearly
USD 12 billion in 2023.
Speaking on the opening
of its first office in India, João Doria, Founder and Co-chairman of LIDE said, “The arrival of LIDE in India accelerates
opportunities for new business between India and Brazil and enhances economic
and institutional relations between these two great nations. Our aim is to
provide a platform for natural interactions in a neutral environment for
private as well as public sector players. There is enormous potential for both
countries as India is expected to be one of the top three
global economies by 2030 thus creating ample opportunities for bilateral trade
growth.”
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