Chinese industrial parks in India
The Centre on Wednesday said the forthcoming visit of the Chinese President is expected to bring about a directional change in the relationship between the countries in addition to boosting trade and investments. Commerce and Industry Minister Nirmala Sitharaman said that some announcements are expected during the visit with regard to setting up of industrial [...] Continue Reading »
India today asked China to invest in setting up manufacturing units in the country to bridge the widening trade deficit and create jobs in the country. Commerce and Industry Minister Nirmala Sitharaman said India has signed an agreement with China in June to set up Chinese Industrial Parks in India. Sitharaman said there that they [...] Continue Reading »
In the last decade post the floodgates were opened by the then Prime Minister Narasimha Rao and Finance Minister Manmohan Singh for globalisation, the US based, Europe Based and Australia based companies had set their operations in India. In the later years we saw some growth from the Latin American countries and South Africa too. [...] Continue Reading »
At a meeting in New Delhi earlier this week, the Union Government gave an in-principle approval to the signing of an MoU which will pave the way for setting up of Chinese industrial parks in India. According to the information shared by Jagat Shah, Secretary-General of the China India Trade and Investment Centre (CITIC), the [...] Continue Reading »
