Gujarat road show at Guangdong
20 June 2012, Guangzhou : The 12-member Vibrant Gujarat delegation visited China’s manufacturing and industrial hub – Guangdong,also popularly known as the “factory of the world”, where it presented Gujarat as the ‘next global business and manufacturing hub’ to a very enthusiastic Government officials, business and industry leaders. Guangdong province forms the backbone of ‘China’s industrial and manufacturing might’ with presence of diverse industries like heavy engineering and equipments, chemicals, ceramics, furniture, textiles, etc. After last year’s Economist’s description of Gujarat as India’s Guangdong, the business and industry in Guangdong looking towards Gujarat to provide them opportunities to make it their next destination. With China investing more than 60 billion US $ overseas during last year alone, they look towards Gujarat to make big-ticket investment and setting up join ventures in India, which will be mutually beneficial to India and China. The delegation being led by Mr. Bharat Lal, Principal Resident Commissioner, Government of Gujarat held detailed discussion with the Department of Foreign Trade & Economic Cooperation and the Foreign Affairs Office on potential areas of cooperation between Guangdong and Gujarat. He was also accompanied by other delegates as well as the Consul General of India in Guangzhou Mr. Indra Mani Pandey. “The economy of Guangdong is in the process of transformation and challenges like rising space constraints and spiralling cost of labour are making industries look towards Gujarat for expanding their global reach. As highlighted by the Guangdong provincial Government, Gujarat with its inherent strengths in terms of location, infrastructure and governance is being looked at as a valuable partner. The Government authorities and industry leaders, who are aware of Gujarat’s conducive business environment with a vast pool of skilled manpower, entrepreneurial spirit of its people and access to markets in Gulf, Africa and Europe, showed their eagerness to collaborate as both provinces are industrial leaders in their respective countries and complement each other in several sectors.
The consulate of India also organized a seminar on Vibrant Gujarat –
2013 in Guangzhou in partnership with China Council for Promotion of
International Trade (CCPIT) which witnessed participation from Guangdong
provincial government officials as well as representatives of several
Guangdong based industries. Representatives from sectors like
engineering and equipments, metals, machinery, renewable energy and
other manpower intensive sectors, expressed their keen interest in
setting up their companies in Gujarat for large scale manufacturing.
They enquired about and the process for setting up their companies in
Gujarat which is expected to generate huge employment opportunities to
local youth. The Gujarat delegation explained to them in detail the
process adopted in Gujarat for setting up of any enterprise or business
and the proactive approach of the State Government. The Chinese
companies with experience of working in Gujarat also lauded the
procedures and systems institutionalized by the State Government of
Gujarat as well as its commitment to facilitate development and business
in the state of Gujarat.
Last year more than USD 60 billion investments were made by Chinese
industries and enterprises in various countries of which a negligible
amount came to India. With the visit of Gujarat Chief Minister to China
in November, 2011 the investment from China to Gujarat has started in a
big way and today’s deliberations and road show has given further
impetus to big ticket investments from Guangdong to Gujarat. During the
seminar, Executive Director of Gujarat Venture Finance Limited, Dr.
Harish Patnaik also gave the details of proposed Investment Fund and
discussion was held with Guangdong based banks and financial
institutions to work for creation of such a fund to facilitate
investment from China in Gujarat.
To strengthen the partnership and to push the on-going
collaboration between Guangdong and Gujarat, the Governor of Guangdong
province also extended an impromptu invite to Hon’ble Chief Minister of
Gujarat Shri Narendra Modi to visit Guangdong in November, 2012 when
Guangdong plans to host an international cooperation week and meetings
with major leaders from across the world with whom they have strong
relations, especially other BRICS countries, USA, Japan, France, etc.
Mr. Bharat Lal, extended an invitation to Guangdong’s government
officials to participate in Vibrant Gujarat – 2013 along with their
industry and business leaders which was accepted by the Director General
of Department of Foreign Trade & Economic Cooperation as well as
Department of Foreign Affairs. In the meeting, Guangdong officials also
emphasized that they would look forward to the visit of Hon’ble Chief
Minister of Gujarat Shri Narendra Modi to Guangdong as it is important
for both the leading provinces of India and China to join hands and work
together.
The delegation also visited Foshan, the ‘capital of ceramics
industries’ in China and interacted with various industry
representatives who explained to the delegation their operations and
showcased various ceramic products. A symposium was organized in
collaboration with Foshan Ceramics Industry Association and the
Consulate. In the symposium, presentations on Vibrant Gujarat and its
ceramics industries was made. It was noted that India imported more than
60% of its ceramics from China and Gujarat, the leader of ceramics in
India with its already present huge ceramic base, skilled man power and
gas grid availability was best placed to attract investments from
Chinese firms for setting up of local units in advanced ceramics. Many
of these units are in sectors like glaze and frit manufacturing, ceramic
machinery and other products that are currently being imported from
China as also mentioned by the ceramic leaders of Foshan. Local units
through joint ventures for these products will help Chinese firms in
cutting down transport costs and are expected to accrue large scale
benefits to the Ceramic industries in Gujarat.
Gujarat road show at Guangdong – the China’s manufacturing hub, makes high impact.Gujarat’s approach to business and development draws high praise from Chinese leaders and industry.Guangdong’s industries keen to make Gujarat their next manufacturing and business hub Guangdong provincialGovernment invites Gujarat to its International Cooperation week.Hon’ble Chief Minister’s last visit to China spurred the Guangdong based industries to move to Gujarat.Chinese business and industry looks towards Gujarat for Guangdong like ‘manufacturing and business.
No comments:
Post a Comment