Bolivia’s Ambassador to India H. E. Mr. Sergio Dario Arispe Barrientos visited the headquarters of Su-Kam and lauded the state –of- the- art technology offered by Su-Kam. The visit was a part of his plan to explore Indian companies that have potential to manufacture lithium-ion batteries and thus augment trade relations with India.
Bolivia ambassador Mr. Barrientos accompanied by Mr. Juan Jose, Councillor, Embassy of Bolivia, even visited Su-Kam’s Research and Development wing and the factory at Gurugram. He met Su-Kam Managing Director Mr. Kunwer Sachdev and the discussion between them centered on the potential of bilateral trade between Bolivia and India. There were also talks about the possibility of Su-Kam imparting training to manpower of Bolivia in the solar and power electronics segment. The delegates saw a big scope for using Su-Kam’s technology in the power sector. Su-Kam is also mulling over exporting their products to Bolivia and customizing them as per the country’s requirement.
Regarding the future of India-Bolivia ties, Bolivia ambassador Mr. Barrientos said: “We are the future of the world. We are both really young countries; our future lies with each other. The sooner we realize this, the sooner we will work together. We will start selling and buying in each other’s markets. We see the future of humanity in countries such as yours. We are expecting our minister of foreign affairs to be here next month. This is our way of enhancing diplomatic and economic ties with India.”
“We are honoured to host Ambassador of Bolivia. Since Bolivia has large untapped reserves of lithium and India has advanced technology, our country can play an instrumental role in imparting the technical know-how to Bolivia’s population and bridging the power deficit in the country. We look forward to a mutually beneficial association in the long run,” said Mr. Kunwer Sachdev, Su-Kam Managing Director.
Bolivia is a goldmine of lithium reserves which are yet to be tapped. According to an estimate, the Bolivian Andes harbour 70 per cent of the planet's lithium. However, a significant portion of the country’s population does not have access to grid electricity. These lithium reserves coupled with superior technology can be instrumental in meeting the electricity demands of the country.