China expresses interest in “Make in India” campaign

Several Chinese investors are showing keen interest to invest in India as an attractive investment destination for its companies The Dollar Business Bureau

China will broadly focus on the “Make in India” and “Make in Maharashtra” campaigns to further its cause

With the ongoing “Make in India” campaign, several delegations from the neighbouring countries are a part of the summit. China is also showing a keen interest in the “Make in India” campaign as India has made tremendous progress in terms of its services. India is progressively improving its services for Chinese investors, like fast license approval, ease of obtaining work permits and business visas. According to the Zheng Xiyuan, the Chinese Consul General, “China and India have become the two strongest driving forces for the world's economic growth”. “In recent years, China has begun its economic restructuring, which means that it has to transfer some of its manufacturing capacity overseas due to ever-increasing costs”, China’s Consul General in Mumbai said. Typically, China will broadly focus on the “Make in India” and “Make in Maharashtra” campaigns to further its cause. “Many Chinese investors have come to India to study the country’s investment environment while, some of them have taken concrete steps to invest in the country”, opined, Zheng. The One Belt One Road programme of the Chinese Government is a dynamic initiative to strengthen its industrial ties with all those countries that fall under its Silk Roadmap, India being an important one. Some important Chinese delegations that have evinced keen interest in India include the Suzhou government delegation; the Hunan government delegation and the China Association for Promotion of International trade that were present in the manufacturing summit in India a few weeks ago.

February 17, 2016 | 05:00pm IST

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The Dollar Business Bureau - Feb 17, 2016 11:34 IST

China expresses interest in “Make in India” campaign

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