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Indian, Chinese business leaders discuss deeper economic cooperation in Shanghai
PTI | May 16, 2026 2:38 AM CST

Synopsis

Indian and Chinese business leaders met in Shanghai to boost economic ties. Discussions focused on trade, investment, and technology. India highlighted its economic growth and opportunities for global partnerships. Eastern China was identified as a key partner for industrial development and innovation. Both sides expressed interest in concrete collaborations to align with India's growth and global integration.

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Beijing: Indian and Chinese industry representatives on Friday held discussions in Shanghai on strengthening bilateral economic cooperation, with a focus on trade, investment and technology collaboration.

The interaction was hosted by the Consulate General of India in Shanghai.

The event brought together a delegation from the Federation of Indian Chambers of Commerce and Industry (FICCI), led by its president Anant Goenka, and prominent Chinese business leaders.


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Addressing the gathering, Consul General Pratik Mathur highlighted the achievements of India's ongoing economic transformation under the government's vision of 'Viksit Bharat' and 'Atmanirbhar Bharat'.

He emphasised that India's policy focus on resilient supply chains, ease of doing business, digital public infrastructure, and manufacturing competitiveness supported by initiatives such as Production Linked Incentive (PLI) schemes creates significant opportunities for global partnerships.

The envoy noted that Eastern China, a hub of advanced manufacturing and innovation, is a potential partner for India in co-developing industrial ecosystems, scaling investments, and fostering technology collaboration, according to a press release issued by the Consulate.

He also outlined the Indian industry's sectoral strengths and reiterated FICCI's role as a bridge between the Indian and global industry.

Mathur also highlighted strong potential for collaboration in advanced manufacturing, green technologies, digital economy, healthcare, and infrastructure, and called for institutionalised industry linkages and sustained B2B engagement between India, the world's fastest-growing major economy, and regional enterprises.

The interaction served as a platform for substantive discussions on enhancing trade, investment flows, and technological cooperation between India and China, the release said.

Participants expressed a strong interest in exploring concrete partnerships aligned with India's growth trajectory and global economic integration, it said.


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