BEIJING: Business leaders of over 80 Chinese companies and enterprises on Thursday participated in a road show organized in the southwestern Sichuan province, highlighting the opportunity for entrepreneurs to invest in India under the government’s ‘Make in India’ initiative.
Speaking on the occasion, Consul General of India in Guangzhou, Sailas Thangal said that ‘Make in India’ campaign offers great opportunities for Chinese business and entrepreneurs to invest in India and take advantage of India’s large potentials for growth.
He invited all Chinese business leaders present at the road show at Chengdu to attend the ‘Make in India’ week to be held in Mumbai from February 13-18.
The week-long event to be inaugurated by Prime Minister Narendra Modi would offer unprecedented access, insights and opportunities to connect and collaborate with India and global industry leaders, academicians, central and state administrations, Thangal said in a statement.
The road show was organized by Consulate General of India in Guangzhou in partnership with China Council for the Promotion of International Trade (CCPITs) of Sichuan.
It was attended by about 120 businessmen from Sichuan from 84 companies and enterprises based in Sichaun.
The road show was also addressed by President Sichuan CCPIT Li Geng, who encouraged the Chinese businessmen to look at large market and opportunity for Chinese businessmen in India.
During the event, representatives of Punjab and Kerala provided detailed presentations to the Chinese participants as to why they should look at the two states as an important emerging attractive investment destinations.
‘Make in India’ initiative was launched globally in September 2014 as part of the Government of India’s renewed focus on invigorating the country’s manufacturing sector.
The initiative has opened up 24 key sectors including infrastructure development, food processing, healthcare, IT, media and entertainment, mining, oil and gas, ports, railways, telecommunications, tourism and hospitality for foreign investment.–PTI
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