India China will work in hand in hand on innovation, new technology which will help towards the Growth of both the economies
India provides huge opportunities for Chinese participation in India’s ambitious program for infrastructure construction in power, railways, roads and highways and urban development.
CII is the National Partner for this mega exhibition and organised the India – China Economic Forum alongside the exhibition.
Mumbai, 5th December, 2017: Fifth edition of the China Homelife/ Machinex in India was launched today in Mumbai at the Bombay Convention & Exhibition Centre. This event is a global series of B2B exhibitions held in Dubai, Brazil, Egypt, Jordan, Kazakhstan, Iran Mexico, Italy, Turkey, South Africa and Poland. The expo was inaugurated by Hon’ble Minister for Finance, Rural Development for Maharashtra State Government Shri Deepak Vasant Kesarkar , Mr. Zheng Xiyuan, Consul General, Consulate General of The People’s Republic of China and Mr. Ninad Karpe, Chairman – CII Western Region & Director, Aptech Ltd; along with industry. The expo will continue till 7th December and over 1200 exhibitors are showcasing over 25,000 quality products manufactured in China at the most competitive prices.
Mr. Zheng Xiyuan congratulated the organisers and welcomed the Chinese exhibitors. He also expressed gratitude for a long-time contribution to the economic and trade cooperation between China and India. In recent years, the economic and trade relations between China and India has made great strides. He appreciated the scale of growth of Indian economy.
Mr. Ninad Karpe, appreciated the efforts of the organisers and welcomed the dignitaries. Mr. Karpe expressed that CII in its Endeavour to promote Indian Industry provides huge opportunities for Chinese participation in India’s ambitious program for infrastructure construction in power, railways, roads and highways and urban development. Chinese companies have established high technical and engineering capabilities in project management and shown great results in India. Under the make in India campaign we welcome Chinese investments in India across various sectors such as electronics, automotive, and engineering goods, among others. As the demand for such goods is large and growing in India, Chinese companies can tap these markets for their growth.
Hon’ble Minister of State for Home (Rural), Finance and Planning, Shri Deepak Vasant Kesarkar, said “Foreign investment is a key driver of economic growth of a state and a country, to achieve this we welcome all the Chinese industries with open arms. Maharashtra has gone on to become the financial capital of this country and this has been possible because of Maharashtra Government’s encouraging policies of foreign investment in India. Maharashtra has been the pioneer in getting the top MNC to invest in India which has been possible due to factors such as infrastructure, inter-state connectivity, cargo airports and ports. GST has been a key element that has capitulated India into the big league in global supply chain with uniform taxation, cost efficiency, reduced time & cost in transportation.”