Home / Knowledge / News / Textiles / Indian, PRC firms sign 129 MoUs in multiple sectors: FICCI

Indian, PRC firms sign 129 MoUs in multiple sectors: FICCI

Oct '19
Pic: Shutterstock
Pic: Shutterstock
Indian and Chinese companies signed 129 memoranda of understanding (MoUs) in several sectors, including agri-products, minerals and textiles, during the 'India-China Business Meeting & Signing Ceremony' organised in New Delhi by the Federation of Indian Chambers of Commerce and Industry (FICCI) recently.

Zhu Xiaohong, counsellor at the Chinese embassy in New Delhi, said though India's agriculture products, pharmaceuticals, handicrafts have certain advantages, due to lack of necessary understanding and cognition of the Chinese market, their way into China is not smooth.

She suggested the Indian side to focus more on '4Cs'—compatibility, competitiveness, creativity and cooperation, according to a FICCI press release.

Indian companies are expanding in the Chinese market with a cumulative investment of nearly $1billion, she said.

China has taken series of steps to reduce the trade imbalance and made positive progress in promoting the import of agricultural products from India, she added.

Fibre2Fashion News Desk (DS)

Interviews View All

Cindy McNaull, Cordura

Cindy McNaull

We have broad range of options in durable fabrics

Vasanth Kumar, Max Fashion India

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Footwear industry, Head honchos

Footwear industry
Head honchos

There is rising demand for fancy, trendy and yet comfortable footwear

Yariv Bustan,

Yariv Bustan

Founded in Israel in 2015, Twine Solutions is a tech start-up that has...

Jash Choraria,

Jash Choraria

Established in 2015 by <b>Jash Choraria</b>, Unifynd is a Mumbai-based...

Luciano Sardini,

Luciano Sardini

A consolidated reality in Italy and internationally, IMA Spa is well-known ...

Marcel Alberts, Eurofibers

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Johan Berlin, InvestKonsult Sweden AB

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mr Hartmann Huth, Trevira GmbH

Mr Hartmann Huth
Trevira GmbH

Trevira GmbH is an innovative European manufacturer of high-value branded...

Sonam & Paras Modi, SVA

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

October 2019

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

news category

Related Categories:

Follow us on instagram


Follow Fibre2Fashion On

Advanced Search