CII leading delegation to China; to organise 'India Show'

NEW DELHI: CII is leading a 19-member business delegation to China to discuss ways to strengthen trade and investment ties between the two countries, besides organising the ' India Show' to showcase the country's expertise in the automobile sector.

During the two-day visit starting October 25, the delegation, headed by S Gopalakrishnan, President Designate CII and Executive Co-Chairman Infosys Technologies, will call on senior Chinese government leaders to discuss about new areas of collaboration to enhance trade and investment, the chamber said.

Besides, CII in association with the Ministry of Commerce and Industry and the Embassy of India (Beijing) is organising the India Show concurrently with 6th China International Auto parts Expo in Beijing.

More than 80 Indian companies would participate in the exhibition showcasing the wide variety of Indian auto parts relating to engine, high technology equipment and parts and innovative hybrid energy parts, it said.

"India's presence in China has increased over the years. However, for a synergistic bilateral economic engagement, there is a need for Indian companies to tap the opportunities in the Chinese market more closely and to take advantage of its environment," the chamber said.

Similarly, with Chinese auto companies expressing keen interest in Indian market, this show will provide them a platform to explore new collaboration opportunities with the leading Indian auto components firms in development of their supply chain, it added.

The two countries had set a bilateral trade target of USD 100 billion by 2015. In 2011, the two-way trade stood at around USD 74 billion.