MUMBAI, India - Sitting in a conference room at Bombay House, a privately owned building in the heart of Mumbai that dates back to the 1920s, B. Muthuraman looks like most of India's successful businessmen with the ambition to make a difference in the world.
Chinese Premier Wen Jiabao on Wednesday called for further promotion of bilateral cooperation and trade links with India.
Huawei Technologies Co Ltd, China's top telecom gear maker, aims to invest more than $2 billion in India over the next five years.
China has not intentionally sought to have a trade surplus with India and has been looking for ways to increase purchases from the country, a top Chinese economic diplomat in India said.
General Motors Co (GM), the largest overseas carmaker in China, has failed to replicate that success in India. To crack the market, the Detroit-based carmaker is enlisting its partner in China, SAIC Motor Corp.
Chief Executive Donald Tsang, who completed his India visit on Friday, invited the business leaders of the neighboring country to set up bases in the city. He addressed a forum, a business luncheon and meeting officials of Maharashtra, a prosperous western state of India.
Cooperation with China benefits the poor people in India,two ministers from Indian government told a Chinese business delegation on Wednesday.
A solar water heater producer, China Himin Solar Co, Ltd, plans to launch a joint venture manufacturing plant in India, said Huang Ming, chairman of the Chinese company, on Thursday at on-going Delhi International Renewable Energy Conference 2010.
Invest Hong Kong announced Monday that it's going to co-organize a business conference in New Delhi, India next month in partnership with Guangdong province, to introduce the business advantages of HK and Guangdong.
India has allowed two telecom companies to buy equipment from China's Huawei and ZTE after the Chinese companies agreed to New Delhi's tighter rules to address security concerns, sources said on Friday.
Asia is boosting consumption of liquefied natural gas relative to oil as nations from China to India try to pollute less while driving economic growth.
Premier Wen Jiabao said here Monday that China regards India as an important strategic partner of cooperation.
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