India introduced investment opportunities to Guangdong enterprises
2013-September-16 Source:
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 India introduced investment opportunities to Guangdong enterprises



For most Guangdong people, India means curry, ancient culture, Bollywood movies, software project outsourcing and tour sites. The Indian Merchants’ Chamber is making effort to add one word on the list – investment opportunities.

On April 10th, the Indian Merchants’ Chamber (IMC) and China Council for Promotion of International Trade (CCPIT), Guangdong Council jointly organized an “India Calling Conference” in Guangzhou and signed a joint cooperation MoU to further relations between the business sectors of India and China.

On the conference, Indian representatives introduce India’s manufacturing infrastructure & engineering, financial services & insurance, textile, legal service, and agriculture & food processing to Guangdong’s officials and enterprises.

Mr. Niranjan Hiranandani, President of IMC mentioned that the 3 billion USD Metro Project in Mumbai could be a good starting point for Chinese investments in large-scale investment projects in India.

He told media that India and China have complementary opportunities which haven’t taken fully use of, “We have not even started.” And after the state-level leaders have shaken hands, the Chamber and Indian enterprises and their Chinese counterparts now start to do concrete works on cooperation.

The MoU signed on the conference is to formalize the IMC-Guangdong cooperation in boosting the bilateral trade and investments.

According to the president, India considers China’s SMEs as potential investors and it requires only 5,000RMB for them to register a company in India.

Mr. Chen Qiuyan, Chairman of CCPIT Guangdong Council mentioned that CCPIT is actively participating in the annual Products Fair in Mumbai and announced that with the inspiration of the ‘India Calling Conference’ in Guangzhou, CCPIT Guangdong will lead a 100 member Chinese business delegation to Mumbai to organize “China Calling Conference” some time later in this year and make it an annual affair.

Consul General of India in Guangzhou, Mr. Nagaraj Naidu, in his keynote speech, said that Chinese enterprises should initiate a new business model for Indian market which focuses more on investment rather than trading and he identified some key sectors for cooperation like Pharmaceuticals, IT Services, Infrastructure, Agro-Products, etc.

Mr. Suresh Prabhu, former Union Power Minister and Chief Guest of the Conference, said the MoU signed between Guangdong and Maharashtra and said a lot can be achieved because of the similarities between these two Provinces.

The plenary session covered the discussion on Spotting Opportunities: India-China Business & Economic Ties; Roadmap to Enhancing India-China Economic Relations: Chinese Perspective. In the Session, various experts from different fields like Consultancy, Agriculture & Food Processing, Financial Services, Legal Services, Textiles, Infrastructure Engineering gave their views on how to further economic cooperation between India and China in those respective fields. The presentation by Mr. Hugo Lin, Deputy Director of Invest Promotion Division of Invest Shenzhen on the investment policies for overseas investors in Shenzhen was well received by the Indian Delegation. The Indian Business Delegation also visited the Midea Group’s manufacturing plant in Shunde, Foshan to see and understand the development of Chinese Enterprises in the Manufacturing Sector. 

广东省贸促会与印度商人协会于今年4月10日在广州共同主办的“中国(广州)—印度经贸合作大会”。印度商人协会主席Niranjan Hiranandani(何尼然)主持会议,广东省贸促会会长陈秋彦、印度驻广州总领事K. Nagaraj Naidu(高志远)等出席了会议并致辞。会议由开幕式、专题座谈、商务交流午宴、企业对接会及交流晚宴等环节组成,印度企业家代表团及广东企业代表共约300人参加了系列活动。会上,广东省贸促会与印度商人协会共同签署了双边企业家理事会协议。 






随后,印度马哈拉施特拉邦代表Vijay N Suryawanshi博士对印度的投资贸易环境进行了推介,广东志高空调有限公司代表分享了开拓新兴市场的经验,深圳投资推广署代表介绍了深圳投资营商环境。 


Editor: Jecey
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