India has launched its first determined bid to enter the huge, largely
untapped and resource-rich western China market, including Tibet
and the maiden venture has received positive response, official
sources said here today.
Along with the Indian Embassy in China, major Indian companies including
L&T, Ranbaxy, TCS and NIIT showcased their technological and
scientific prowess for the first time at the just-concluded Sixth
Western China International Economy & Trade Fair held in Chengdu,
capital of southwest China's Sichuan province.
"This was the first-ever comprehensive package presentation
of India's capabilities in China's Western region," Commercial
and Economic Counsellor of the Indian Embassy, Vinay Kwatra said.
The trade seminar held as part of the fair was attended by some
100 senior Chinese executives and entrepreneurs who nearly mobbed
and sought details of Indian high-tech companies and software giants,
he claimed.
During the seminar, Chinese enterprises were given a comprehensive
briefing on the growing Indian economy and the potential for mutually
beneficial cooperation, he said.
Senior representatives of L&T, Ranbaxy, TCS, NIIT, State Bank
of India, Air India, I-Gate Solutions as well as the Confederation
of Indian Industry (CII) made bi-lingual power-point presentations
on their activities in China and scope for bilateral cooperation.
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