While interacting with the top CEOs of China in Shanghai, Prime Minister Narendra Modi pitched the 'Make in India' initiative to them and said that New Delhi and Beijing could together give something to the world.
Prime Minister Modi devised a '5F Formula' for the Chinese businessmen in the process of inviting them to 'Make in India': 'from farm to fibre to fabric to fashion to foreign'.
Twenty two Chinese business tycoons were present for the interaction, including PowerChina chairman Yan Zhiyong, Xiaomi president Lin Bin, Huawei chairman Sun Yafang, Alibaba chairman Ma Yun, Harbin Electric chairman Zou Lei, Shangri-La Asia Limited chairman Kuok Khoon Chen and Sany chairman Liang Wengen, among others.
The Prime Minister is on the final leg of his visit to China. In the evening, he is scheduled to depart for the Mongolian capital Ulan Bator.
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