Hong Kong Trade Development Council to open more offices in India

KOLKATA: The Hong Kong Trade Development Council (HKTDC), which is working for promoting trade with Hong Kong as a hub, plans to open more offices in India to boost trading opportunities.

"We are planning more offices in India. In November, we will open an office in Delhi and in future we also hope to open an office in Kolkata," HKTDC regional director (SEA and India) Dannie Chiu said.

She also said that India could harness Hong Kong as a hub to export its products to ASEAN countries and China.

The products that had value were tea, textile and fresh food. For instance, black tea held a lot of potential for export to China. China's black tea production was just 6 per cent of its total tea output.

In 2013-14, Indian exports to Hong Kong stood at USD 8.8 billion while imports were at USD 8 billion.

HKTDC officials said they offered assistance for establishing trade links with mainly small and medium scale companies in Hong Kong.