• Zhenjiang City

Zhenjiang City (Photo : Getty Images)

An India-China business forum will be included in an event which will feature Indian economic, commercial and cultural aspects. The event, which will last for a week, will be held in Zhenjiang City.

The India-China Business and Investment Forum and India Culture Week celebrations, which starts on March 16, is a joint effort of the Consulate General of India in Shanghai and the Zhenjiang Municipal Government.

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According to a press release from the Consulate, the event is one of a kind, as it brings together economic, commercial and cultural aspects of India. The initiative aims to give its participants a truly Indian experience.

Zhenjiang City is located in Jiangsu Province. It has a total population of 3.17 million and a $5.5 million gross domestic product.

The city is a major industrial center in Eastern China. New energy, advanced equipment manufacturing, biotechnology, pharmaceuticals, information technology, aviation and space technologies are among Zhenjiang City’s major industries.

The Indian delegation, which will be comprised of around 30 CEOs from top Indian companies, is expected to arrive at the event. Consul General Prakash Gupta will be leading the delegation.

On March 17, the delegates are scheduled to participate in the Business and Investment Forum.

Current investment opportunities in India will be presented by the participating companies. Infrastructure development, banking and finance, smart cities, urban transportation and power sector are among those which have promising breaks. The said sectors made available to companies in Zhenjiang by the Make in India program.

Participating Indian companies are also planned to have a series of business-to-business (B2B) meetings with their Chinese counterparts, according to Consulate press release. The meetings will help strengthen the relationship between Indian and Chinese companies.

The upcoming India-China business forum in Zhenjiang is not just expected to strengthen the economic cooperation between the two countries, but also to strengthen cultural understanding.