Consulate News
The Consulate General of India organized an ‘India-China Trade and Investment Forum’ in Hotel Fortuna, Shunde, Foshan on 30 November, 2017 with special focus on construction materials. The event was supported by Shunde Government, CCPIT, Chamber of Commerce Lecong Furniture City, Foshan Ceramics City, KPTC and Bank of Baroda. The local Chamber of Commerce also actively supported the seminar.
Addressing the gathering, Consul General Mr. Sailas Thangal highlighted the huge potential for growth in India-China bilateral trade and investments and win-win cooperation between the two countries. He also underscored the vital role that Foshan, being one of the world’s biggest centres for construction materials and its entrepreneurs can play in enhancing mutually beneficial cooperation between India and China. Mr. Yashas R, Consul (Commercial) made a detailed presentation on investment opportunities in India especially in infrastructure development and real estate development in industrial, commercial and residential segments.
Besides the Consulate’s presentations, Mr Yan Zheng, Sr. Manager of ICBC Mumbai spoke on the theme “India-Land of Opportunities”. Chief Manager of Bank of Baroda (BOB) in Guangzhou made a presentation on how BOB could facilitate Chinese and Indian businessmen. Ms Vinita, Director, KPCT, explained to the audience how Krishnapatnam Port could facilitate quicker and hassle free trade and investment. A broad legal outline for investing in India and the relevant entry and exit strategies were succinctly provided by Mr. Li Qin of Link Legal. The presentations were followed by an interesting Q&A session with active participation from both Indian and Chinese businessmen.
The seminar was attended by senior officials from Lecong, Shunde governments, CCPIT and about 180 businessmen and entrepreneurs. There were about 50 Indian entrepreneurs with half of them having come from India specially to attend the event. The seminar was followed by a structured B2B meeting where Indian and Chinese businessmen had an opportunity to interact with one another. This event is a part of a series of events that the Consulate regularly organizes for promotion of trade and investment in India.
