It was business from the word go. Barely hours after China’s President Xi Jinping began a three-day trip to India, the two Asian neighbours have signed three agreements, including a pact that will enable China to set up a sprawling industrial park in Gujarat.
In a special gesture, India’s Prime Minister Narendra Modi flew down to Ahmedabad to receive his Chinese guest. The two leaders sat down for informal talks September 17, following which three agreements were signed in their presence.
Pacts were signed between China Development Bank (CDB) and Industrial Extension Bureau (iNDEXTb) of the Gujarat government for the development an industrial park in India’s western state that has become a byword for modernisation and industrial development.Read More