Home / Knowledge / News / Apparel/Garments / Dedicated centre in China to promote investments in India
Dedicated centre in China to promote investments in India
21
Jan '16
Leading companies from Wenzhou and their Indian counterparts signed 10 MoUs last week to promote trade, investments and cultural cooperation with India in 2016, the Indian Consulate General in Shanghai has said. The signing took place at the launch of a dedicated “India China Economic and Cultural Center (ICECC)” in collaboration with the local municipal government of Wenzhou at the famous Wenzhou Great Hall of the People.

The Indian Consulate General described it as a unique show that underlined the importance being attached to the Make in India campaign.Nearly 120 leading entrepreneurs from Wenzhou who are looking at investing in India, along with Wenzhou city leadership attended the ceremony.

The core strengths of Wenzhou small and medium industry include textile machinery, electronic goods, switches and electrical products, which also have a huge potential in India. Several Wenzhou manufacturers are also planning to set up manufacturing units in India in 2016, the Consulate General said in a press release.

A leading group from Wenzhou, the Aokang Group, which is into leather, real estate development and textile machinery is also looking at investing in India, said its President Wang.

Sun Wei Qing, local Wenzhou entrepreneur and CEO of Sindoz, who also partnered in initiating the ICECC and would also be leading a business delegation from Wenzhou to attend the Make in India Week to be held in Mumbai from February 13 to February 18, 2016, the release said.

Wenzhou is one of the richest cities in south eastern Zhejiang, famous for its entrepreneur led 'Wenzhou Model' of growth. (SH)

Fibre2Fashion News Desk - India


Must ReadView All

Europe fights against microplastic release from textiles

Textiles | On 18th Jan 2018

Europe fights against microplastic release from textiles

The European Commission, the institution of the European Union, has...

Egypt starts building biggest textile city in Al-Sadat

Textiles | On 18th Jan 2018

Egypt starts building biggest textile city in Al-Sadat

Egypt has started construction of the biggest city for textiles and...

Vietnam targets $20 bn from export of footwear, bags

Apparel/Garments | On 18th Jan 2018

Vietnam targets $20 bn from export of footwear, bags

Vietnam targets to earn around $20 billion from the export of...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Tejas N Patel, Navin D Patel

Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

January 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.8%
No
13.5%
Skip
17.7%

Total Votes: 96

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
63.5%
No
29.2%
Skip
7.3%

Total Votes: 96

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.5%
No
9.4%
Skip
3.1%

Total Votes: 96

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
82.3%
No
8.3%
Skip
9.4%

Total Votes: 96


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search