Campaign for investments from China stepped up

Investment opportunities in India’s renewable energy sector highlighted at seminars in China

November 05, 2016 01:37 am | Updated December 02, 2016 01:30 pm IST - Beijing:

India has stepped up its campaign for enhanced Chinese investments in the country by holding investor meetings in China over the past two days.

After addressing a seminar here on Thursday, Ravneet Kaur, Joint Secretary, Department of Industrial Policy and Promotion, and Alkesh Kumar Sharma, CEO, Delhi-Mumbai Industrial Corridor Corporation, addressed a similar event in Zhengzhou, a metropolis and the provincial capital of Henan.

The India-China Trade Investment and Economic Cooperation seminar in Zhengzhou got overwhelming response, a statement from the Indian Embassy here said.

Ms. Kaur said Chinese investments in India in the last 10 years totalled $ 1.37 billion.

Besides Ms. Kaur and her colleagues, three Chinese companies — Henan Senyuan Group, Henan Tianrui Group, and China Railway Engineering Equipment Group — made detailed presentations and expressed strong interest in investing in India, the statement said.

Their presentations were followed by a Q&A session with Chinese enterprises asking questions on areas of interest for investment, it said.

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