Modi

Dr. Amitendu Palit's picture

Chinese Businesses Take Interest in “Make in India”

Indian Prime Minister Narendra Modi launched the “Make in India” program in September 2014. The program aims to make India a global hub for several manufacturing and services industries. Manufacturing sectors include automobiles, automobile components, chemicals, defense manufacturing, electrical machinery, electronic systems, food processing, leather, pharmaceuticals, textiles and garments.

MNCs in the News-2015-05-22

China sets up China Investment Corporation (CIC) subsidiary to support outward investment and the export of advanced industrial capacity. Chinese government will support expansion of e-commerce globally and sector’s growth within China. China’s investment in Brazil to surge in both form and amount. US Department of Energy (DOE) reported discourages Chinese investment in US LNG export projects. China National Petroleum Corporation affiliate concludes oil production expansion deal in Abu Dhabi. Indian Prime Minister Modi touts his “Made in India” program during a visit to Korea. Thai Deputy Prime Minister urges Japanese leader Abe Shinzo to encourage more Japanese investment in Thailand’s growing industrial sector. Indonesia’s Investment Coordinating Board fields complaints from Chinese investors during road show in Beijing and succeeds in concluding billions in investment commitments. Indonesian high-level delegation visit to Japan sparks new Japanese corporate investment and partnerships on coal gasification. Vietnam reports Japan is Vietnam’s second largest foreign investor and a major investor in processing and manufacturing.

Dr. Amitendu Palit's picture

Chinese Investments in India

Chinese investments into India are becoming increasingly varied with investors of various provinces from mainland China expressing interest in investment opportunities in different Indian states. Investments from Zhejiang and Shandong provinces should soon materialize in India giving a boost to India’s efforts to grow into a regional manufacturing hub through the ‘Made in India’ initiative.