Success in my Habit

Monday, September 3, 2012

Leading Chinese companies eye greenfield projects in Gujarat

Ahmedabad: Four leading Chinese companies will visit Ahmedabad in September to explore investment opportunities in Gujarat.

The companies- Wuxi Xinje Automation, Sunfar, Estun Automation and Zhejiang Chint Electric Co-are eyeing investments in greenfield projects and partnerships in Gujarat.

The Chinese companies will meet entrepreneurs in Gujarat at a business conference organized by India China Economic & Cultural Council (ICEC) on September 12, 2012.

Maheshwar Sahu, principal secretary-industries & mines, Government of Gujarat along with Peng Gang, commercial counselor, embassy of the People's Republic of China along will address the meet of 100 participants.

As part of their first visit to the state, the Chinese companies will make presentations on their profile, products and business opportunities at the conference.

"ICEC plans to install an operational windmill at the event to put across the message of a clean and green Gujarat," said Jagat Shah, chairman, ICEC-Gujarat chapter.

Zhejiang Chint Electric Co is a manufacturer of switchgear, circuit breakers and distribution box besides many other electrical products. The company, which had taken up the electrification project for Beijing Olympic Games 2008, is looking at making investments in the manufacturing sector in India. Sunfar is a maker of invertors and is interested in creating a distribution network in India besides setting up greenfield projects.

Estun Automation, which is a manufacturer of servo motors and industrial robotics, is exploring a greenfield project and distribution network. Wuxi Xinje Automation, which is the manufacturer of human machine interface, touch panel, touch screen, touch LCD, touch screen monitor among other technology, is also looking at Gujarat for making investments.

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