India expects to encourage FDI from China.

By bne IntelliNews March 4, 2013
India is likely to promote foreign direct investment (FDI) from China, so as to take advantage of the country's aim to expand the contribution of manufacturing in the economy to 25% by 2022. As reported by Press Trust of India, the governments of both countries require deepening communications, coordination and promotion through the India-China Strategic Economic Dialogue (SED) mechanism, leading to open and suitable investment conditions. The India-China Investment Forum was held recently to discuss the FDI, which was attended by the country's Ambassador to China S. Jaishankar and Zhang Xiaoqiang, Vice-Chairman of China's National Development and Reforms Commission of China (NDRC).

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