Xinhua, Zhengzhou :
India is looking to investment from China in a bid to boost manufacturing and reach their goal of creating a hundred million jobs by 2022, an official from the Indian Ministry of Commerce and Industry said Friday.
India attracted more than 50 billion U.S. dollars in foreign direct investment last year, while Chinese investment accounted for only a small part of it, said Ravneet Kaur, joint secretary of the ministry’s department of industrial policy and promotion.
Kaur called for more Chinese investment in sectors including railways, telecommunications, retail, construction and automobiles at a seminar on India-China trade, investment and economic cooperation in Zhengzhou, capital of central China’s Henan Province.
The Indian government introduced a “Make In India” program in September 2014 to boost manufacturing in the country.
India is looking to investment from China in a bid to boost manufacturing and reach their goal of creating a hundred million jobs by 2022, an official from the Indian Ministry of Commerce and Industry said Friday.
India attracted more than 50 billion U.S. dollars in foreign direct investment last year, while Chinese investment accounted for only a small part of it, said Ravneet Kaur, joint secretary of the ministry’s department of industrial policy and promotion.
Kaur called for more Chinese investment in sectors including railways, telecommunications, retail, construction and automobiles at a seminar on India-China trade, investment and economic cooperation in Zhengzhou, capital of central China’s Henan Province.
The Indian government introduced a “Make In India” program in September 2014 to boost manufacturing in the country.
