You are here: Home » PTI Stories » National » News
Business Standard

100 Chinese automobile firms attend 'Make in India' seminars

Press Trust of India  |  Beijing 

Investment opportunities in India's booming automobile and auto-components sectors have attracted around 100 Chinese firms to attend 'Make in India' seminars held in two key auto manufacturing hubs in

The seminars were the part of a series of industry and sector specific 'Make in India' events to be organised across this year, the Indian Embassy here said in a statement.


"These seminars received an overwhelming response with nearly 180 representatives from around a hundred Chinese auto companies in Chongqing and Changchun attending the events," the statement said.

During the seminars, Counsellor (Economic) Prashant Lokhande noted the important role played by the auto sector in and highlighted the potential for collaboration between Indian and Chinese companies in the sector, the statement said,

Vinnie Mehta, Director General of the Automotive Component Manufacturers Association of (ACMA), gave a detailed presentation on the strengths of in the automotive sector and the areas for future growth, it said.

Santosh Pai, Partner, Link Legal Law Services gave a presentation introducing the legal and regulatory framework in with a special focus on the Goods and Services Tax.

During the seminars, Chinese companies queried about the taxation structure in and the incentives offered to Chinese investors in the country, the statement said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, July 13 2017. 19:13 IST
RECOMMENDED FOR YOU