“MVIRDC leads the WTC movement in India by actively promoting comprehensive trade services and commercial facilities. WTC Mumbai is by far one of the most supportive members of the global network of WTCs. WTC Mumbai was India’s first WTC established in 1970 and since then the number of licensed WTCs has grown to 37 in India, many of them under the guidance and support of MVIRDC,” said Mr. Scott Wang, Vice President, Asia Pacific, WTCA, New York at an interactive meeting at WTC Mumbai.

Sharing his outlook on growth of WTCs, Mr. Wang pointed out, “There is tremendous potential for growth of the WTC network in India in the next 20 years. WTC brand is still young in Asia Pacific region and India. India is one of the top destinations for FDI in manufacturing sector with the realignment in global supply chain. With increasing foreign investment, demand for trade services, commercial offices and real estate will also grow. I am confident that WTC Mumbai will play a major role, as ever, in growing the WTC brand in India in the coming years as well.”

Complimenting WTC Mumbai for the Premier Accreditation, Mr. Wang remarked, “WTC Mumbai is one of the few WTCs across the world to get premier accreditation across four categories, viz. Trade Development, Commercial Real Estate & Services, Business & Member Services and Conference & Exhibition Services. This accreditation is a testimony to its world class trade services and commercial facilities.”

Speaking on this occasion, Dr. Vijay Kalantri, Chairman, MVIRDC WTC Mumbai remarked, “The WTC movement gained momentum in India because of the valuable contribution of MVIRDC, which promoted WTC Mumbai 52 years ago as the 16th WTC worldwide and the first one outside America. We are proud to be part of the global network of WTC and we have received all support from WTCA New York. We have promoted the WTC brand in India and neighbouring region through our premier trade services and by hosting two General Assemblies, Spring Meetings and Regional Meetings in the past. WTC Mumbai offers comprehensive trade services, which includes exchange of trade delegations, hosting conference & exhibition, organizing B2B networking events, promoting research, training and skill development.”

Dr. Kalantri pointed out that India has emerged as the preferred destination for foreign investors and the country is strengthening trade and investment relation with foreign countries under its G20 Presidency. WTC Mumbai will facilitate India’s global trade and investment through its world class services and facilities.

On this occasion, Mr. Wang presented the premier accreditation plaque to the Council of Management of MVIRDC WTC Mumbai.

Mr. Ajoykant Ruia, Vice Chairman, MVIRDC WTC Mumbai proposed vote of thanks for the event.