Chinese delegation in West Bengal to explore business opportunities

They will visit Panagarh Industrial Park and have meetings with industrialists during their stay here, said Amit Mitra

A Chinese delegation, representing 13 companies from the country, on Monday began its two-day long visit to the state to explore investment opportunities.

They will visit Panagarh Industrial Park and have meetings with industrialists during their stay here, state Finance, Industry and Commerce Minister Amit Mitra said.

"These companies are from the sectors of coal machinery equipment, metallurgical equipment, mining equipment, electrical equipment and production, chemical production, medical equipment, biomedical equipment, hydro-power equipment and real estate building materials," Mitra said.

In November, another Chinese delegation of Fortune 500 companies will visit the state, he said, adding they were expecting that China would have a reasonable presence in next year's Bengal Global Business Summit.

"Chinese companies are known to grab opportunities very quickly. Their eyes are now on West Bengal," Mitra said.

The current delegation led by Gao Haubing, Executive Director of Global Communications Exchange Centre, said the state was very business friendly and conducive to investment.

On political situation he said it was better than before.

During the visit, the team will have in-depth discussions with West Bengal Industrial and Development Corporation.