Empowering Indian Businesses Through Hong Kong

Dec 12, 2024

An interactive meeting organized by the World Trade Center Mumbai and the All India Association of Industries (AIAI), highlighted the potential of Hong Kong as a global gateway for Indian startups and businesses.

Ms. Vian Cheung, Director, Thailand and South Asia, HKTDC, emphasized Hong Kong’s advantages, including its robust incubators, zero import duties, low corporate tax rates, and seamless company setup processes, inviting Indian biotech, medtech, and medical device companies to leverage its platform for capital raising, intellectual property commercialization, and market expansion. She also highlighted Hong Kong’s logistics infrastructure and financial ecosystem, which includes opportunities to raise green bonds and engage in renminbi offshore trading.

In his remarks Mr. Rajesh Bhagat, Consultant South Asia, HKTDC, encouraged Indian companies to participate in HKTDC’s 35 annual trade shows, explore its online platforms like Click2Match and Asia IP Exchange, and join key events such as the Asian Financial Forum and the Asia Summit on Global Health.

Earlier in his welcome remarks Dr. Vijay Kalantri, Chairman, WTC Mumbai, reflected on the longstanding economic ties between India and Hong Kong and emphasized areas for bilateral growth in IT, financial services, and tourism, assuring support for deepening trade relations.

Ms. Rupa Naik, Executive Director, WTC Mumbai, in her Vote of thanks reiterated Hong Kong’s value as a vibrant business hub and a key destination for Indian MSMEs to network and grow globally. The event underscored Hong Kong’s strategic importance for Indian businesses looking to expand their global footprint.

In Photo (From left to right): Ms. Rupa Naik, Executive Director, WTC Mumbai; Mr. Rajesh Bhagat, Consultant South Asia, HKTDC; Dr. Vijay Kalantri, Chairman, WTC Mumbai; Ms. Vian Cheung, Director, Thailand and South Asia, HKTDC; Ms. Aakruti Bagwe, Director - Operations, WTC Mumbai and Mr. Santosh Kotre, Dy. Director-Finance Accounts & Admin., WTC Mumbai.