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'Make in India,' PM Narendra Modi Tells Top Chinese CEOs; Deals Worth $22 Billion Signed

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SHANGHAI: Shortly after Prime Minister Narendra Modi met top Chinese CEOs and addressed a gathering of businessmen, Indian and Chinese companies signed 21 agreements worth about 22 billion dollars in Shanghai today.

To Chinese business, PM Modi said, "Now India is ready for business, you would have seen winds of change... I assure you of my personal attention for your success."

The PM began his engagements in Shanghai, the last stop in his three-city, three-day visit to China, by meeting 22 top Chinese CEOs.

"I have come to say to you Make in India," he told them and talked about what he called the "5F Formula - From Farm to Fibre to Fabric to Fashion to Foreign."

Jack Ma of Chinese e-commerce giant Alibaba told the PM, "We are excited about India. We are excited about Make in India and Digital India."

Lin Bin, President of phone maker Xiaomi, said, "We have some big plans for India, we fully support Make in India." (What Top Chinese CEOs Said at Meeting With PM Modi)

The PM flew to Shanghai on Friday evening from Beijing, where he held talks with Chinese Premier Li Keqiang.

An economic boost from his China trip is a key focus for PM Modi, who is seeking to deliver on election promises for foreign investment, with his first year in office about to end.

The trade imbalance between the two countries has figured high on the agenda in his discussions with China. Chanda Kochhar of ICICI and Rajan Bharti Mittal of Bharti Enterprises Airtel, who were among 39 Indian Industry leaders in Shanghai today, told NDTV that the growing trade deficit is a huge worry.

The trade deficit between India and China increased about 34 per cent, to $48.43 billion in 2014-15 from $36.21 billion in the previous fiscal, in China's favour.

A list of the 21 agreements signed today, circulated by Indian officials, showed many of the contracts were for Chinese banks to finance Indian firms, and also included deals in the telecom, steel, solar energy and film sectors.

'Make in India,' PM Narendra Modi Tells Top Chinese CEOs; Deals Worth $22 Billion Signed
 
Again I will say the same thing, Pakistans dont realise this, 10 billion yesterday 22 billion today, some 20-30 billion when Xi visited India. 70 billion in bilateral trade between India nad China.

Will China sacrifice all this and help us in a future conflict or will China even support us against India?
 
Again I will say the same thing, Pakistans dont realise this, 10 billion yesterday 22 billion today, some 20-30 billion when Xi visited India. 70 billion in bilateral trade between India nad China.

Will China sacrifice all this and help us in a future conflict or will China even support us against India?

NO. :)
 
Again I will say the same thing, Pakistans dont realise this, 10 billion yesterday 22 billion today, some 20-30 billion when Xi visited India. 70 billion in bilateral trade between India nad China.

Will China sacrifice all this and help us in a future conflict or will China even support us against India?
Do you think all of them will materialize ?? i do not think
 
SHANGHAI: Shortly after Prime Minister Narendra Modi met top Chinese CEOs and addressed a gathering of businessmen, Indian and Chinese companies signed 21 agreements worth about 22 billion dollars in Shanghai today.

To Chinese business, PM Modi said, "Now India is ready for business, you would have seen winds of change... I assure you of my personal attention for your success."

The PM began his engagements in Shanghai, the last stop in his three-city, three-day visit to China, by meeting 22 top Chinese CEOs.

"I have come to say to you Make in India," he told them and talked about what he called the "5F Formula - From Farm to Fibre to Fabric to Fashion to Foreign."

Jack Ma of Chinese e-commerce giant Alibaba told the PM, "We are excited about India. We are excited about Make in India and Digital India."

Lin Bin, President of phone maker Xiaomi, said, "We have some big plans for India, we fully support Make in India." (What Top Chinese CEOs Said at Meeting With PM Modi)

The PM flew to Shanghai on Friday evening from Beijing, where he held talks with Chinese Premier Li Keqiang.

An economic boost from his China trip is a key focus for PM Modi, who is seeking to deliver on election promises for foreign investment, with his first year in office about to end.

The trade imbalance between the two countries has figured high on the agenda in his discussions with China. Chanda Kochhar of ICICI and Rajan Bharti Mittal of Bharti Enterprises Airtel, who were among 39 Indian Industry leaders in Shanghai today, told NDTV that the growing trade deficit is a huge worry.

The trade deficit between India and China increased about 34 per cent, to $48.43 billion in 2014-15 from $36.21 billion in the previous fiscal, in China's favour.

A list of the 21 agreements signed today, circulated by Indian officials, showed many of the contracts were for Chinese banks to finance Indian firms, and also included deals in the telecom, steel, solar energy and film sectors.

'Make in India,' PM Narendra Modi Tells Top Chinese CEOs; Deals Worth $22 Billion Signed

Hope at least some of this materlizes
 
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