India and China trade to be $100 billion by 2015
Mumbai: Trade between India and China is expected to reach USD 100 billion by 2015 against USD 73.9 billion in 2011.
"India and China have entered into a five-year economic cooperation plan to strengthen the trade relationship between the two countries. Trade between China and India is expected to reach USD 100 billion by 2015," Global Sources Exhibitions president Tommy Wong told reporters after inaugurating the fifth China Sourcing Fairs here today.
"The China Sourcing Fairs are an ideal platform for China's manufacturers to establish strong ties with quality buyers in India," Wong said.
The fair will display electronics components, hardware and building materials and bathroom products from China.
There are over 400 stalls set up by exhibitors from mainland China, Hong Kong, Taiwan and South Korea.