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WTC GIFT CITY emerging as preferred investment hub

Feb 13, 2018

12thfeb

WTC Noida and WTC GIFT in its endeavor to promote investment in the region facilitated the visit of high level Chinese Business Delegation comprising 30 business delegates to Noida and GIFT CITY. The Chinese business delegation led by CASME (China Association for Small and Medium Enterprises) is on visit to India to identify business investment opportunities. The preferred investment destination for the group was WTC Noida and GIFT CITY as both these regions are emerging as nucleus of trade, manufacturing and investment. The visit was facilitated by VERBIND the trade services arm of WTC Noida and WTC GIFT CITY.
Impressed by the development activities of WTC Noida and complementing WTC Noida for setting new standards, Mr. Jun Shao, the leader of the delegation and CEO of CASME (China Association of Small and Medium Enterprises) stated that the project poised a wonderful opportunity for the enterprises interested in entering into India market. Ms Khair Ull Nissa Sheikh, Executive Director of WTC Noida and VERBIND commenting on the visit said that, “WTC Noida would extend full support for the investors in facilitating the investments and would also liaise with government agencies for accelerated growth and investments in the region”.
The business delegates were also interested about the MOX initiative of WTC Noida, which links it to the Electronics Manufacturing Zone policy of the UP Government. The presence of a major mobile company VIVO in WTC Noida will accelerate the development and transformation of the region and will create new benchmarks. MoX is slated to transform the region into a focused mobile ecosystem harbouring infrastructure service providers, handset & component manufactures, along with promotion of mobile content and application service providers. WTC Noida proposed the CASME delegation to foray investment in the MOX zone to tap the vast opportunity. CASME agreed to promote the MOX zone in its strong 150000 member base in China to consider investment in the MoX zone.
An interactive session with Yamuna Expressway industrial Authority was also organized post the site visit of WTC Noida at YEIDA office. A detailed presentation on the various investment opportunities in YEIDA region was shared with the visiting delegation. The authority officials elaborated the positive economic development of UP and assured of full cooperation for investors.
The delegation also visited GIFT city, Gujarat and had detailed discussions with GIFT city officials on 31st January 2018. The deliberations were focused on business potential for CASME members in areas of BFSI and construction sectors. The futuristic GIFT city envisaged by Hon’ble Prime Minister Modi created a lasting impact on the business delegates and provided boost and confidence to the investors into making investments in GIFT CITY.
WTC Noida and WTC GIFT CITY is committed to the promotion of the regions through facilitation of such business delegations and undertaking activities that would propel trade and investment scenario in the state.