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.
After
completion of China leg of
Vibrant Gujarat promotion, today
the delegation moved to Hong
Kong and with the help
of Indian Consulate, is holding two road
shows on manufacturing and
financial services as well meeting several top firms based at Hong Kong.
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.
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.
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