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Promotion team for 2018 CIFIT visits India

     chinadaily     2018-7-30 9:14:00    

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The 2018 CIFIT promotion team visits the India China Economic and Cultural Council (ICEC). [Photo/chinafair.org.cn]



The promotion team for the 2018 China International Fair for Investment and Trade (CIFIT) visited India from July 22 to 24.


The CIFIT this year will be held in Xiamen, Fujian province, from Sept 8 to 11.


With the help of the India China Economic and Cultural Council (ICEC), the delegation held a promotional conference in New Delhi, the capital of India, which was attended by 60 local companies and business associations.


The abundant resources and cooperation opportunities offered by the CIFIT were explained at the conference.


During their three-day stay in the Southeast Asian country, delegation members also called on the consulate-general of China in Mumbai, and local business associations to further promote the upcoming event, such as the Federation of Indian Chambers of Commerce and Industry (FICCI), and the United Nations Industrial Development Organization (UNIDO)’s office in India.

The 2018 CIFIT promotion team visits the India China Economic and Cultural Council (ICEC). [Photo/chinafair.org.cn]



Tang Guocai, consul-general of China in Mumbai, promised to recommend the fair among Mumbai’s key commerce chambers and trade associations.


Tang said a closer partnership in development between China and India is set to be established, which was confirmed by top leaders of both countries.


The CIFIT, as the most authoritative investment promotion event in the world, is of great importance for the two countries’ cooperation in economy and trade.


Director of FICCI’s East Asia office said that they will cooperate with relevant governmental departments in India to organize major Indian companies involved in information technology, agriculture and biological medicine to attend the 2018 CIFIT.


The director added that the federation also plans to hold a conference to explain in detail India’s favorable business climate, and he said he also hoped CIFIT’s organizing committee will give them full support when attending the fair.


The promotion team for the 2018 CIFIT introduces the fair to the representatives of Indian Association for Small and Medium Enterprises. [Photo/chinafair.org.cn]



Rajeev Vijh, chief representative of UNIDO’s office in India, said that as one of the co-sponsors of CIFIT, UNIDO will continue supporting the fair as usual.


Vijh said his office would ensure companies from India’s leading sectors, including auto manufacturing, auto parts and supporting facilities in manufacturing and paper-making, will attend this year’s fair.


Chandra Salunkhe, chairman of Indian Association for Small and Medium Enterprises, spoke highly of CIFIT, noting that he plans to lead a delegation of his member companies to take part in the fair.


Salunkhe said that a pavilion for India’s small and medium enterprises is expected to be set up at next year’s event and project matchmaking activities will also be held.


The chairman also promised to promote CIFIT and its host city Xiamen’s MICE industry (meetings, incentives, conferences, exhibitions) through their journal, website and social media outlets.


As the world’s sixth-largest economy, India has one of the fastest-growing service sectors in the world – especially IT, business process outsourcing (BPO), and software services. The Southeast Asian country is also the third-largest startup hub in the world with over 3,100 technology startups in 2014–15.


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