Why Choose India Seminar Is Successfully Held
Sponsored by Consulate General of India, Shanghai and our council, the Why Choose India seminar is held in Nanjing on October 16. Our vice chairwoman Qiu Xiaoping and Ms. Riva Ganguly Das, Indian Consul General of Consulate General of India, Shanghai attend and address the meeting, as well as more than 180 enterprise representatives from machinery, chemical, construction, transportation, biotechnology, auto, new energy, IT industries of Jiangsu.
Ms. Qiu speaks that our council is always engaged in the promotion of trade communication cooperation between India and Jiangsu, playing an active bridging and bonding role, and this seminar will push the investment and trade between India and China positively. China already became the biggest trade partner of India and this seminar will attract more Chinese enterprises to invest in India which is quite helpful for widening the trade with each other, Ms. Das states.
Huang Hongliang, Chairman of Jiangsu Overseas Group, Fu Guixing, Vice Chairman of Jiangsu Yueda Group, Zhu Denian, Vice Chairman of Shanghai Electric Group, Rajeev Chandrasekhar, the president of Federation of Indian Chambers of Commerce & Industry (FICCI) respectively deliver splendid speeches on how to realize win-win with your clients, the successful case of the cooperation between Yueda Group and India, how to invest in Indian electric market by Chinese enterprises, as well as the Indian industries and current investments and opportunities.
Indian and Chinese enterprises have project matching on the site during the seminar. The representative from China South Locomotive & Rolling Stock Corporation Limited (CSR) says CSR now is more confident in investing in India by deeper understanding the stimulus policies and procedures. CSR will actively bid the No.2 line of Bombay and Banglore airport line projects based on the cooperative history of 64 Type A stainless steel metro trains of No.1 line of Bombay. As Nanjing Xie Tong Mechatronics already built agent relationship with Indian Drill Jig Bushing Co. (M)Pvt.Ltd, it has deep conversations with BEML Ltd and M&M, feeling the huge market capacity and big opportunity contained in Indian electro mechanic industry, and is willing to further open its Indian market. Nanjing Coastland Material Industrial Co., Ltd and Bharat Heavy Electricals Ltd (BHEL Ltd) reach the preliminary cooperative intent on the construction raw materials such as alloy products and steels after deep matching negotiation. Both sides’ enterprises also have discussed hot topics such as Indian investment environment, stimulus policies, industrial development status, and business vice. The attended enterprises say they get valuable information about how Jiangsu enterprises go outside to open Indian market though sharing the successful cases of investing in India and deeply see the broad cooperative room and huge opportunity between these two nations.
Our council negotiates with FICCI on how to sign friendly cooperative agreement; both sides express the will of trying to promote the trade cooperation and extend the cooperative area between India and Jiangsu as well as organize all kinds of economic trade activities for Indian and Jiangsu enterprises.