Chinese firm increasingly keen on setting up operations in India: experts

Between FY 2001 and FY 2012, FDI equity inflow from China was $126 mn; It rose to $152 mn in FY 2013 and to $495 mn in FY 2015

Image via   Shutterstock
Image via Shutterstock

India will become more important for China as a market and as an investment destination in the near future, according to experts in India-China trade. As per industry estimates, the foreign direct investment (FDI) from China to India during the first nine months of 2015-16 was reported at $426 million. Speaking about the India-China trade relations at a seminar organised by the Confederation of Indian Industry (CII), Sridhar Venkiteswaran, member, CII core group on China, and executive director, Avalon Consulting, said there was an increase in enquiries from Chinese companies wishing ...