India, China host Business and Investment Forum in Zhenjiang

India and China jointly organised a Business and Investment Forum in Zhenjiang to introduce Chinese investors with opportunities available in India in sectors like renewable energy, smart cities, power sector, urban transportation and infrastructure as part of the Make in India initiative.

Consulate General of India in Shanghai, Prakash Gupta, along with Zhenjiang Municipal People's Government had jointly organized an India-China (Zhenjiang) Business and Investment Forum in Zhenjiang earlier on March 17.

A delegation of 30 plus Indian companies comprising CEO's of Larsen & Toubro, TCS, Reliance, Adani Group, CII, Sterlite, Jet Airways, Tech Mahindra, along with Legal consulting and Business Advisory Firms like HSA legal, Link legal Law Firms and Banks like UBI, Canara and Axis made presentations on sectors like Infrastructure, Banking, IT, Urban Transportation and legal guidelines for setting up businesses in India, according to a statement.

Gupta led the Indian delegation and gave an overview of the investment climate in India and called on Zhenjiang companies to make full use of the investment opportunities available to Chinese companies in India.

Executive Vice Mayor Ni Bin, welcoming Indian companies in Zhenjiang also urged business leaders to establish greater synergies between Indian and Chinese industries and encouraged Zhenjiang companies to aggressively explore investment opportunities in the Indian market.

During the forum, a new website - CHINDIA360 (www.chindia360.com) - was also jointly unveiled by Executive Vice Mayor and the Consul General. The website has been designed by one of the participating Indian companies and is aimed at providing all necessary information to potential China investors, who are looking for investment opportunities in India's growing market, by providing a updated and timely information on investment guidelines, and offering comprehensive solutions to potential investors in India.

A series of B2B meetings were also held between participating Indian companies with their Chinese counterparts from Zhenjiang, which generated significant business leads for the participating companies.

In addition, in the field of educational exchanges an MoU on Project Cooperation, was also signed between Jiangsu University and Kalinga Institute of Information Technology (KIIT) University.