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FIEO sees huge potential in China

With India’s exports to China registering a record increase of over 53 per cent in 2017, the Federation of Indian Export Organisations (FIEO) foresees huge potential in the Chinese market for start-ups and small exporters.
The federation has urged exporters to tap the market potential in China and invited them to participate in the 25th China Export Import Fair, scheduled between June 14 and 20 at the Kunming Dianchi International Convention and Exhibition Centre, Yunnan Province, China.
With new trade restrictions being imposed by the US and the developed nations, it is time for Indian exporters to look for opportunities that are closer to home and the China-South Asia Expo cannot have come at a better time with huge opportunities available for the exporters to explore. The B2B and B2C expo will give exporters a chance to sell their products directly to the Chinese consumers, FIEO said in a release.
FIEO has offered to provide stalls to small exporters at concessional rate at the Indian pavilion.
The organisation foresees huge potential for export of organic chemical, textiles and garments, silk, food products, granites, minerals and medical device, pharmaceuticals, ayurvedic products, jewellery, handicrafts, tourism and building material.
China has started liberalising its import rules and regulations and this has helped boost exports considering the geographical location and logistics costs, the FIEO release said.

Business Line