ICTC | India China Trade Center

NARENDRA MODI TO MEET CEOS OF TOP FIRMS DURING CHINA VISIT

India and China are likely to step up cooperation in a host of areas, including skill development and manufacturing

MoUs on solar and wind energy are expected to be signed during Prime Minister Narendra Modi’s visit in addition to the $20 billion Chinese investments for Chinese industrial parks in Gujarat and Maharashtra committed last year during Chinese President Xi Jinping’s visit. Photo: PIB

Beijing: Prime Minister Narendra Modi will meet CEOs of top Chinese firms, including head of e-commerce firm Alibaba Jack Ma, during his next week’s China visit when he is expected to make a strong pitch for his ‘Make in India’ campaign and woo investors.

India and China are likely to step up cooperation in a host of areas, including skill development, manufacturing as well as solar and wind energy during his visit, officials here said. Modi, who will hold talks with Chinese President Xi Jinping in Xian on the first day of his visit to China on 14 May followed by meetings with Premier Li Keqiang in Beijing the next day, will meet the group of CEOs of top Chinese firms, including heads of Alibaba, mobile phone company Xiomi and several other successful companies in Shanghai on 16 May.

Ma, who has visited India and met Modi recently, is investing in India’s emerging e-commerce companies.

Besides the CEOs, Modi will also address business and investment forum attended by bigwigs of Indian and Chinese firms where a number of MoUs are expected to be signed, officials said. Gujarat chief minister Anandiben Patel, her counterpart from Maharashtra Devendra Fadnavis and Karnataka’s Siddaramaiah are expected to take part in Modi’s engagements as part of government’s push to get states involved in investment campaigns, they said.

Besides railways, where China is currently conducting feasibility studies with pilot projects on track improvement to raise speed and modernization of stations in Bengaluru and Bhubaneswar, India expects major Chinese investments in solar and wind energy sectors.

MoUs on solar and wind energy are expected to be signed during Modi’s visit in addition to the $20 billion Chinese investments for Chinese industrial parks in Gujarat and Maharashtra committed last year during Xi’s visit.

PTI

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