The Chinese President Hu Jintao¡¯s Mumbai visit on November 22-23 is expected to be a powerpack event. The who¡¯s who of Indian industry and commerce are expected to show up at the meeting organised jointly by FICCI, CII and Assocham on Thursday.
The list of over 300 invitees include RIL CMD Mukesh Ambani, Tata Sons chairman Ratan Tata, REL CMD Anil Ambani, Aditya Birla group CMD Kumar Mangalam Birla, TCS chief S Ramadorai, Videocon chief Venugopal Dhoot, HDFC chief Deepak Parekh.
This apart, 200 delegates accompanying the Chinese President will hold one-on-one meeting with Indian companies on Wednesday night and Thursday.
Various companies including TCS and other players from pharmaceutical sector, information technology, iron and steel and oil and power are expected to sign an MoU for doing business in China.
Sushil Jiwarajka, FICCI¡¯s western region chairman told FE, ¡°This is the first presidential visit over a decade to India. During the last 10 years, Indo-Chinese economic and political relations have undergone a dramatic change. Bilateral trade has jumped from a mere $2.5 billion to around $20 billion this year. This visit is expected to give a major impetus to bilateral investments and sort out various impediments in furthering trade and investments.¡±