With business in mind, Modi leaves for China | india | Hindustan Times
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With business in mind, Modi leaves for China

india Updated: Nov 08, 2011 22:49 IST
HT Correspondent

In quest of more investment in Gujarat, chief minister Narendra Modi on Tuesday left for China, where he is expected to showcase his state as a destination hub.

A 20-member delegation comprising industry representatives and officials is accompanying him.

The Gujarat government has arranged a chartered plane from Dubai to fly the delegation to China and return on November 13.

Each member of the delegation will shell out close to Rs 20 lakh for his or her expenses during the trip. All arrangements have been made by the state.

During the five-day business-cum-political visit, the chief minister, who had earlier declined "state hospitality" from the Indian embassy in Beijing, will meet senior officials in the Chinese government and functionaries of the ruling Communist Party of China (CPC).

"He has scheduled a series of meetings with government officials, private firms and functionaries of the CPC to discuss mutual business opportunities," a top official in the Gujarat government said, adding, "with CPC functionaries he will make a presentation on how rich the state is with Buddhist monuments, relics and places of culture".

"The chief minister wants to stress the common thread of Buddhism between Gujarat and China," the official added.

Besides, Modi will highlight the opportunities Gujarat offers in setting up manufacturing units in segments such as chemicals, engineering, auto components and electronics.

He is likely to discuss the prospects of Huawei, China's biggest telecom company that has a considerable presence in India, investing in Gujarat. Modi will also visit the R&D centre of Huawei in Shanghai.

Earlier, China's TBEA, which manufactures high-voltage transformers, has signed a preliminary agreement with the Gujarat government to set up a manufacturing unit near Vadodara with an initial investment of Rs 2,500 crore in a phased manner.