外文标题：Indian, Chinese Cos sign MoUs envisaging $2.5 billion investment
NEW DELHI: Indian and Chinese companies have inked agreements envisaging an investment of USD 2.5 billion during the visit of a Chinese delegation to the country.
"The visit of the Chinese delegation was very successful and agreements (MOUs) estimated at USD 2.5 billion were concluded between Chinese and Indian companies," said Xia Baolong, Chairman of the Standing Committee of Zhejiang Provincial People's Congress.
The high level Chinese delegation met Finance Minister Arun Jaitley yesterday.
Xia conveyed the interest of Chinese companies in the fields of trade, economy, culture and tourism, among others.
While welcoming the delegation, Jaitley reiterated the Government's commitment to work towards expanding and deepening engagements and relations between India and China based on mutual complementaries and common interests.
India should encourage investment only in manufacturing or related infrastructure industries.
Akash gupta (Unknown)
Very good step taken by india and china
USD 2.5b? But modi was claiming investment of USD 30b.. promise vs performance as a the pre election promises..
Alok Patnaik (Bhubaneswar) replies to stupidmangoman
USD 20Bn was already signed when Xi visited India. This one is different. China will invest this USD2.5Bn in Indian railways.
It is a good and welcome beginning.
Joy Bhowmick (Kolkata)
Money is a leveler.. any way we urgently need to reduce our trade gap with china rapidly!!
philip menezes (bahrain)
Well that's just the begining but india should make products like china, must maintain good quality
b culas (Tiruchendur India)
Once China sees us as a major trading partner, it is natural that they will discard Pakistan as they see that Pakistan is only a terrorist base with no trade opportunities. Almost like the camel and the desert.