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China : Clothing enterprises to set up business street in India

2006-7-14
Sino-Indian clothing trade is to be strengthened as 600 Chinese enterprises based in Xideli plan to set up business street in India.

This street will be a gateway for Chinese companies in India. The group of companies will not only include textile and clothing products but also incorporate electric goods, toys and machine companies.

Chinese manufacturers and Indian enterprisers will directly contact one another; the production cost can cut down by around 15 percent.

Industry experts opined that business street would not work as trade centre, but it would be proved a platform for Chinese companies to promote their products.
 
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