City businessman to lead India at China-South Asia Expo

LUDHIANA: With an objective to bridge the widening trade deficit with China and showcase Indian products, Federation of Indian Export Organizations, is participating in the 3rd China-South Asia Expo to be held at Kunming, Yunnan, being held from June 12 to 16.
India is the partner country in this expo this year and is putting up 110 booths. The 5-day expo, a combination of trade fair and high-level forums for investment and trade promotion discussions between China and South Asia, including South East Asia, is part of China's Bridgehead Construction strategy to establish Kunming city and Yunnan province as a gateway between China and its neighbours.
FIEO's participants include Indian companies from various sectors such as leather handicrafts, jute products, garments, gems, jewellery, spices, etc.
FIEO president S C Ralhan, who hails from Ludhiana, will lead a pan-India delegation of 150 exhibitors. He will also address the China South Asia Business Forum on accelerating business through the Silk Road Economic belt. Ralhan is one of the leading exporters in North India with an experience of over four decades. He represents the hand tools sector.
In the last five years, the bilateral trade between India and China has grown from USD 57.6 billion in 2010-11 to USD 72.3 billion in 2014-15. The trade volume between India and Yunnan alone has been to the tune of USD 523 million.
"This event will be a good opportunity for Indian businesses to showcase their products and establish trade linkages with not only mainland China, but also from the other countries of South and South-East Asia and will help in strengthening ties paving way for greater cooperation in trade and investment," said Ralhan.