At a time when a section of the industry in Gujarat has sought a blanket ban of Chinese goods, the state government held a roadshow in China to attract investors for the 2017 Vibrant Gujarat Global Investors’ summit scheduled to be held in January.
On Monday, the leader of the state government delegation, Principal Secretary, Agriculture and Cooperation department, Sanjay Prasad addressed Chinese officials in Beijing and made presentations about investment opportunities that exists in Gujarat. In his address, he also explained a number of projects, including the importance of Delhi-Mumbai Industrial Corridor (DMIC) and how Dholera could emerge as a key region for industrial activities of Chinese businesses.
Prasad also invited Chinese officials to for the Vibrant Summit. This visit to China comes at a time when an industry body Gujarat Chamber of Commerce and Industry (GCCI) recently issued a circular asking its members and general public at large to boycott goods manufactured by Chinese companies.
Seeking foreign investments from China is not new for Gujarat. In September 2014, Gujarat government and People’s Republic of China signed investment proposals of over Rs 9,000 crore in presence of Prime Minister Narendra Modi and Chinese President Xi Jinping. Two “facilitation agreements” for establishing sister province-state relations between Guangdong and Gujarat and between Guangzhou City (capital of Guangdong) and Ahmedabad, were also signed.
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