It is important to bridge information gap between business communities of India-China: Pranab Mukherjee

Guangzhou, May 25 (KNN) To realize the full potential of the economic partnership between India and China, it is important to bridge the information gap between the business communities of both sides, President of India, Pranab Mukherjee said addressing the India-China Business Forum event here today.

“We stand ready to facilitate many more collaborations between the industry and businesses of our two countries across different sectors. India invites investors from China to be partners in India's growth story,” Mukherjee added.

Speaking on the occasion, the President said India believes that there is great potential for economic and commercial cooperation among our two nations, which face similar opportunities and challenges.

The stability of the relationship between both countries in recent years provides an enabling basis for utilizing these opportunities and coming together.

“To realize the full potential of our economic partnership, it is important to bridge the information gap between our business communities. India is committed to providing a conducive environment for more investments from China,” he said.

The President said India is a young nation. “Our primary goal is to build a modern economy that puts a premium on sustainable development. We are steadily moving towards this objective and a profound socio-economic transformation is taking place in our country. China's economic achievements are a source of inspiration for us,” he said.

“We believe that stepping up our two way trade and investment flows will be of mutual benefit to both our nations. We welcome Chinese investments and entrepreneurs to participate in ‘Make in India’ and other flagship initiatives of Government of India. India will facilitate efforts of Chinese investors to make their investments in India profitable. We must take advantage of the opportunities that abound in the growth of both our economies,” the President added. (With PIB Inputs)