High Commission India, Cyprus – India Business Association

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Cyprus and India have had a long tradition of excellent political and economic relations and this has led to numerous bilateral agreements between the two countries for cooperation in the fields of commerce, science and technology, culture, information exchange, health, and medicine. Due to the excellent collaboration, the Cyprus India Business Association (CIBA), was established under the auspices of the Cyprus Chamber of Commerce.

The Cyprus-India Business Association and the High Commission of India, Nicosia, with the support of the Millennial India International Chamber of Commerce (MIICCIA) are delighted to announce the Cyprus India Economic Cooperation Conference “India – Cyprus Business Cooperation and Investment Opportunities Highlighting the Health, Information Communication Technology (ICT) and Agriculture Sectors”, taking place

Wednesday, 24 March 2021 in a digital format. (Cyprus Local Time: 11:30 and India Local Time: 15:00)

The Conference aims to take a focus on the selected fields of Health, ICT and Agriculture. The goal is to enhance Business Corporation between companies in India and Cyprus, to outline the two governments’ vision and policies in said fields, and to identify and discuss business and investment opportunities.


To download the program please click here.

Andreas Yiasemides
President, Cyprus Investment Funds Association (CIFA)

Andreas Yiasemides is the President of the Cyprus Investment Funds Association (CIFA) and Partner, in charge of Funds Services at PwC Cyprus. On his graduation from the University of Manchester with a first-class degree in Economics, he joined PwC in 1999 and qualified as a Chartered Accountant (FCA). He continued his career with the Bank of Cyprus, holding various positions including heading the Custody and Trusts Unit. He then moved on to an organization of professional services where he set up and led the Fund Services Unit. He has served as a member of the Board of Directors of the Bank of Cyprus and of the Central Bank of Cyprus and is the President of the Board of Directors of the Cyprus Investment Fund Association (CIFA). He is also a member of the Cyprus National Advisory Council of the Charter Institute for Securities and Investment (CISI).

Minister Nikos Christodoulides

Minister of Foreign Affairs, Republic of Cyprus

Nikos Christodoulides was born on 6 December 1973 in Paphos. He holds a Bachelor of Arts in Political Science, Economics, and Byzantine and Modern Greek Studies from City University of New York, Queens College, with postgraduate studies in Political Science at New York University and Diplomatic Studies at the University of Malta. He holds a doctorate from the Department of Political Science and Public Administration of the University of Athens. He was a career diplomat between 1999 and 2013. During this time he served as Director of the Office of the Minister of Foreign Affairs, Spokesperson of the Cyprus Presidency of the Council of the EU in Brussels, Deputy Chief of Mission at the Embassy of Cyprus in Greece, Director of the Office of the Permanent Secretary of the Ministry of Foreign Affairs, and Consul General at the High Commission of the Republic of Cyprus in the UK. Prior to his appointment as Minister of Foreign Affairs, he served as Director of the Diplomatic Office of the President of the Republic of Cyprus (2013- 2018) and Government Spokesman (2014-2018). He was a Lecturer and Research Associate at the Department of History and Archaeology of the University of Cyprus between 2007 and 2010. He is the author of two books, Plans for Solution of the Cyprus Problem 1948-1978 (2009) and Relations between Athens and Nicosia and the Cyprus Problem, 1977-1988 (2013). He has also published extensively in domestic and international journals.

H.E. Madhumita Hazarika Bhagat

High Commissioner of India to Cyprus

High Commissioner Madhumita Hazarika Bhagat is a career diplomat and joined the Indian Foreign Service in 1999. She has been educated in New Delhi and has done her graduation in Political Science (Honours) and followed it with an LLB. High Commissioner Madhumita Hazarika Bhagat began her diplomatic career in the Embassy of India in Moscow, Russia (2001-2004) and thereafter, was posted to Embassy of India in Almaty, Kazakhstan (2004-2006). She subsequently served as Under Secretary on deputation in the Ministry of Commerce, Trade Policy Division, New Delhi (2006-2008) with a stint as Deputy Secretary in the Public Diplomacy Division, Ministry of External Affairs, New Delhi. She was First Secretary in the Embassy of India, Stockholm, Sweden (2008-2011) for Commercial & Economic, Cultural and Information affairs. Later, she joined the Embassy of India, Moscow, Russia (2011-2014) in the capacity of Counsellor, Economic & Commercial and Culture. She served as the Deputy Chief of Mission in the Embassy of India, Ankara, Turkey (2014-2017). High Commissioner Madhumita Hazarika Bhagat was appointed as India’s first National Coordinator and Joint Secretary for Shanghai Cooperation Organization (June, 2017 - October, 2019). She assumed charge as High Commissioner of India in Cyprus on November 11, 2019.

Christodoulos E. Angastiniotis
President, Cyprus Chamber of Commerce & Industry

Christodoulos E. Angastiniotis studied Business Management & Management Sciences in the UK and he holds a postgraduate degree MSc in Management from Cranfield University. Christodoulos E. Angastiniotis is the CEO and Managing Director of the VitaTrace Nutrition Ltd Group which is a Veterinary Nutritional and Pharmaceutical company with operations in Cyprus and internationally. He is currently the President of the Cyprus Chamber of Commerce & Industry (2017-2023). He is an exceptionally active businessman with very significant social contribution. He has also served as: President of the Cyprus Investment Promotion Agency (CIPA) (2011-2018), Vice President of the Cyprus Chamber of Commerce & Industry (2011-2017), President of the Pancyprian Association of Veterinary Medicines (2007-2013), President of the Nicosia Tourist Development (2005-2014), President of the Nicosia Chamber of Commerce & Industry (2005-2011), Founder President and Honorary President of the Cyprus Egypt Business Association, Member of the Board of Institute of Technology Cyprus, Member of the Board of the Wealth fare of Prisoners and Member of the Board Human Resources Development Authority. In 2010 he was awarded by the Ministry of Finance of the Republic of Cyprus and the Cyprus Standards Authority the highest quality award for his exceptional contribution in upgrading quality in Cyprus. He participated in many economic financial and business promotion seminars abroad where he presented a number of papers on the role of Cyprus as a Regional Financial and Commercial Center.

Polys Dionysiou

Senior Manager, Advisory - Health Industry, PwC Cyprus

Polys Dionysiou is an experienced health strategy consultant who has been helping health organisations over the past 12 years transform and grow in response to emerging challenges and trends in their health environments. Previous to his PwC role, Polys held senior positions in the Global Strategy Group and Strategy division of two UK professional services organisations. During this time Polys has worked extensively with NHS hospitals, NHS commissioners, private hospitals in Cyprus, the HIO (OAY) and local health NGOs advising them on their business strategy, growth strategy, organisational set-up and operational improvement amongst other things.

Vivek Partheeban

Chief Operating Officer (COO), Caplin Point Laboratories

Vivek Partheeban is the current Chief Operating Officer (COO) of Caplin Point Laboratories, a homegrown company proudly Headquartered in Tamil Nadu, with a dominant footprint in Central & South America. He is responsible for managing the overall global operations for the company in 23 countries across the World, managing nearly 2500 employees, with 1800 in India alone. He spearheads the vision of the company to be a fully integrated healthcare provider with a focus towards the bottom of the pyramid, both at source and at markets. Following the establishment of Caplin Point Laboratories in India in 1990, and its subsequent successes, Mr. Vivek Partheeban is also responsible for building the Chinese operations for the company since 2005.He received his Bachelors of Science Degree in Biotechnology from Monash University and an Owner/ President Management Degree (OPM) from Harvard University, USA.

Fredun Medhora

Managing Director, Fredun Pharmaceuticals, India

Fredun Medhora is the Managing Director of Fredun Pharmaceuticals Ltd and he heads all the Companies in Fredun Group. Fredun Pharmaceuticals Ltd., currently exports to over 42 countries with over 400 formulations. The Company has one of the largest plants in India for formulations with a diverse range of products. He has founded various successful companies in different industries ranging from Textiles to Diagnostics and consultancy to education. As a graduate of SUNY Plattsburgh , USA with a degree in Entrepreneurship along with Masters in strategic planning from Cardiff, UK, he spearheads a group of over 1500 employees towards constant growth.

Michael C.G. Charalambides

Michael C.G. Charalambides comes from a banking background with solid academic and strategic foundation in macro-economics and politics. Since the dawn of the Fin-Tech industry Michael has become a part of many leading industry projects and regulatory bodies via contribution through his network of projects. He has successfully launched with his peers the ECOMMPAY brand, was part of the project that launched the first private POS payments terminal in Cyprus and now has taken on a new venture and created the family of ECOMMBX as an EMI regulated under the CBC. Michael's favourite words that lead his vision are: “positive disruption” and “always work in the light".

Prakash Wakankar

CEO- Two Wheeler Business & Chief of International Operations- Farm Equipment Sector, Mahindra & Mahindra Ltd

As the CEO for 2-wheeler business, he is responsible for handling the Global 2-Wheeler businesses of M&M including Peugeot Motorcycles in France, the 2- wheeler Division in India and Classic Legends Pvt Limited - that has iconic brands like the Jawa, Yezdi and BSA. He is Director on the Boards of Peugeot Motocycles, CLPL and BSA. As the Chief of International Operations for the Farm Equipment Sector, he is responsible for driving exports of farm equipment from India, to over 50 markets globally. He is also responsible for the operations of 6 international subsidiaries – Erkunt Tractors, Erkunt Foundry and Hisarlar in Turkey, Mitsubishi Mahindra Agriculture Machinery in Japan, Mahindra Brazil and Mahindra Mexico. In his career spanning more than 35 years, he has spearheaded various businesses across India, Asia-Pacific, the Far East and Europe with varied Industry exposure including Pharmaceuticals, FMCG, Hospitality, Packaging, Energy, Retail, 2-Wheelers & Farm Machinery and has worked for companies as varied as Pfizer, Coca-Cola, Perfetti & Essel-Propack among others. He is acknowledged to have created some iconic advertising and communication, particularly at Coca-Cola and Perfetti van Melle, and has led multiple turnarounds of businesses. An accomplished sports broadcaster for the BBC, Prakash is passionate about Cricket and is a regular on All India Radio & Australian Broadcasting Corporation. He has a Master’s in Business from Symbiosis, Pune and is an alumnus of IMD, Lausanne and the Yale School of Management for the Future Leaders Program.



Platinum Sponsor
Gold Sponsor
PwC Cyprus
In a world that is constantly evolving, our aim at PwC Cyprus is to find the right solutions to complex problems. We focus on quality and build strong relationships based on trust, creating value for our clients, stakeholders and society. Based on PwC’s new global strategy, “The New Equation”, we look at problems from different angles and present innovative solutions that make a difference and lead to sustained outcomes. More than 1,000 people in Cyprus join forces with 327,000 professionals of our global network in 155 countries and create an experienced team that combines intelligent approaches, experience and technological innovation. www.pwc.com.cy  

High Commission India
Cyprus – India Business Association

The Cyprus – India Business Association was established and is operating under the auspices of the Cyprus Chamber of Commerce and Industry. It is actively supported by the High Commission of India, Nicosia and the Ministry of Energy, Commerce and Industry of the Republic of Cyprus. Our primary aim is to promote and further strengthen the socioeconomic and trade relations between Cyprus and India, through the expansion of imports, exports and the provision of a wide range of services. Members of the Association can be any Cypriot or foreign company which is interested in doing business in the respective countries. By joining us, you become a part of an exclusive bilateral and regional business network with strategic connections and partnerships.


The conference will be attended by:

• Government Officials from India and Cyprus
• Members of the Cyprus India Business Association
• Members of Millennial India International Chamber of Commerce (MIICCIA)
• Investors, Entrepreneurs and senior executives from the Health sector from India and Cyprus (Hospitals, Clinics, Medical Research Centers, Pharmaceutical companies, Academic Institutions etc.)
• Investors, Entrepreneurs and senior executives from the ICT sector from India and Cyprus (Telecom, Information Technology, IT R&D, Academic Institutions etc.)
• Investors, Entrepreneurs and Decision Makers from the Agriculture sector from India and Cyprus
• Entrepreneurs and CEOs of large Corporations from all sectors of the economy
• Media

Cyprus Chamber of Commerce and Industry

The Cyprus Chamber of Commerce and Industry is a private corporate body functioning under special law and is financially independent, free of any influence by the state. The Chamber is funded by its members’ subscription fees and through income generated from a number of services it provides. The CCCI is the union of Cypriot business people, the interests of whom it promotes by submitting to the government and the Parliament the members’ positions on matters in which they are involved, while, through its participation in tripartite bodies and committees, it conveys and promotes the views of the business community.

Millennial India International Chamber of Commerce, Industry & Agriculture

A non-government, not-for-profit organization, Millennial India International Chamber of Commerce, Industry & Agriculture (www.miiccia.com) aims to be the leading voice of India’s business and industry. By encouraging critical debate, it articulates the views and concerns of industry. Drawing its strength from diverse regional chambers of commerce and industry across States in India as well as from counterpart Chambers of Commerce in foreign countries, it serves its members from the Indian private and public sectors and multinational companies. India has marched forward to become the fastest growing economy in the world. ‘Incredible India’ no longer remains only a national imagination, and that makes MIICCIA a more responsible Chamber of Commerce in the country. MIICCIA realizes that stronger cooperation is required between policy makers and industry to create a stronger environment for the accelerated industrial growth. It aims to further strengthen cooperation between all stakeholders for empowering business, industry and agriculture for ensuring all round economic development of the country. MIICCIA is continuously striving to facilitate linkages between the stakeholders. Starting across tie-ups and business initiatives, it is gradually expanding to diverse sectoral, sub-regional and pan India level initiatives. In executing this mandate, MIICCIA works closely with the government, industry and institutions & foreign diplomatic Missions.

Χορηγοί Επικοινωνίας
GOLD magazine

GOLD was first published in 2011 as the first monthly English-language magazine in Cyprus. Today, it not only consistently promotes good business practices but has a unique and valuable readership, comprising High Net Worth Individ¬uals, executives of international companies, and English-speaking Cypriot and non-Cypriot busi¬nessmen and women. www.goldnews.com.cy

IN Business Magazine

As the flagship publication within IMH’s media brands, IN Business magazine, has a 16-year history, during which thousands of examples of good business practices by businesses and businesspeople, brands, commercial practices and developments have been showcased. The aim of IN Business was – and continues to be – the promotion of good Cypriot business. www.inbusinessnews.com

Reporter portal

REPORTER has made a splash in Cyprus’ digital media thanks to its combination of news and reporting the latest developments through its own exclusive brand of people-centered and social reporting. Following its launch, within a very short period of time Its team of journalists had made it the third most viewed news Portal in Cyprus.


Project Manager

Maria Pantziarides

Maria is responsible for the content of this event. If you have any content-related or other queries, you can contact her on +357 22505539 (Monday-Friday, 09:00-15:00) or via email at maria.pantziarides@imhbusiness.com.

Marketing Manager

Kevi Chishios

Kevi is responsible for the marketing and promotion of this event. If you have any marketing-related questions or suggestions, you can contact her on +357 22505534 (Monday-Friday, 09:00-15:00) or via email at kevi@imhbusiness.com


Ημέρα και ώρα

24 Μαρτίου 2021 @ 09:00 ΠΜ -
02:00 ΜΜ

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