statesman news service
NEW DELHI, 3 JUNE: From just $7.6 billion in 2003, to $66 billion last year China is emerging as one of India’s big trade partners and trade between the two countries is expected to touch $100 billion by 2015, 50.6 per cent higher than $66.4 billion recorded in 2012-13, according to the Federation of Indian Export Organisations (Fieo).
With India and China pursuing business plans and looking to build stronger ties, these two Asian giants are expected to dominate world trade and economy in the coming years.
In a bid to give impetus to bilateral trade between the two countries, Fieo said it has been focusing on this important market, with frequent and large participation of Indian businessmen in important international exhibitions over the last few years.