PANAJI
China and Goa sowed seeds of business collaboration on Monday when Chinese Ambassador to India, Le Yucheng, visited officials of the Goa Chamber of Commerce & Industry (GCCI) with a delegation from China United Credit Finance, China Business South Asia of Standard Chartered Bank and China India Business, and Investment & Incubation Centre (CHIBIIC).
From Goa’s side, GCCI President, Narayan Bandekar, Director of Tourism, Ameya Abhyankar, Nitin Kunkolienkar, Ralph de Sousa, Kirit Maganlal, PK Mukherjee and Sandip Bhandare were present.
Officials from the neighboring country and the state discussed about the former’s foray in the latter through several sectors such as mining, exports, tourism and pharma.
Giving a perspective on the trade between Goa and China, Bandekar said, “Goa used to supply iron ore to China. Sometime back, representatives from the steel mills of China were in Goa. Goa also exports sea-food to China. China is setting up investment parks in Maharashtra and Gujarat. You may consider setting up similar park in Goa as well.”
Talking about industries, where Goa and China can collaborate, Kunkolienkar said, “The state government has figured out certain focus industries like electronics and light engineering. There are lot of synergies for Goa and China to work together here. Besides, we can even work in the logistics area. West coast of India is exposed to Africa and Middle-East. Moreover, most pharmaceutical companies in Goa import their raw material from China. China is the manufacturing engine of the world with huge strengths in electronics and logistics.
