CII to host China team

A 60-member Chinese delegation will be making their way to Kolkata, next month, in a bid to enhance bilateral trade.

Sanjay Budhia, past CII (eastern region) said that the delegation would be visiting only Delhi and Kolkata.

CII would be organising an India-China Business conclave on August 6 to showcase India'a capabilities.

Further, CII in association with the ministry of commerce would also organise structured buyer-seller meets between business leaders of both countries.

The focus would be on sectors like auto components, engineering, services, toys, chemicals, plastics, steel, drugs & pharmaceuticals, information technology and textiles.

Budhia said, the India-China bilateral trade has grown by 53.8 per cent in 2003 to $900 million and is expected to touch $10 billion by the end of 2004.