Make in India Business Forum held in China attracted 100 Chinese firms

YarnsandFibers News Bureau 2016-12-17 15:00:00 – Beijing

The Make in India Business Forum focused on the investment opportunities available in India for Chinese entrepreneurs was organized by the Indian Consulate of Shanghai yesterday at Gaoyou a country level industrial hub to attract investments where about 100 Chinese firms took part.

Local companies from Gaoyou from sectors like textile, garment, textile machinery, photovoltaic cells, electrical appliances, renewable energy, real estate and construction participated at the seminar.

During the investment forum, Consul General Prakash Gupta made presentations about the policy incentives available to foreign investors in each of the above sectors and assured Gaoyou companies of necessary facilitation in their investment plans for India.

Ruling Communist Party of Chinas Gou Feng Cheng, who is Secretary of Gaoyou, also interacted with the Consul General and it was decided that Gaoyou leaders would be heading a high level investors delegation on a visit to India next year.

The Make in India seminar was a follow-up to deepening engagement with Yangzhou city, which continues to be a key focus partner for the Indian Consulate in Shanghai for 2016.

Yangzhou city, under which Gaoyou is located, had hosted a large scale business forum and an India Week in September.

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