皇冠体育app

Opinion

Co-op with 皇冠体育app benefits the poor: India

(Xinhua)
Updated: 2010-10-28 17:36
Large Medium Small

NEW DELHI - Chinese Commercial Counselor in India Peng Gang told Xinhua News Agency on?Thursday that nearly 700 Chinese officials and business leaders from Guangdong and Hong Kong visiting?New Delhi?are the largest delegation from 皇冠体育app to India on record.

The delegation was?welcomed by India's Human Resource Development Minister Kapil Sibal and Minister for Food Processing Industries Subodh Kant Sahai?in New Delhi on?Wednesday.?The ministers?emphasized that?the collaboration with 皇冠体育app in low-cost technology solutions and food processing will better the lives of the poor of both countries and the world.

"Both Indian and 皇冠体育app are low-cost economies, if we are in collaboration with each other to create technologies on a low-cost economy, the solution emerges will not only be for this part of the world but rest of the world. That must be the objective we achieve in the years to come," Kapil Sibal said, addressing the 2,000 Indian and Chinese audiences in the Guangdong-Hong Kong Business Conference in New Delhi.

Noting finance as another area of collaboration between the two countries, he said India infrastructure sector requires enormous fund. "I dare say next five year we will need?one trillion dollars, the demand for the power and road sector is nothing less than $550 billion."

Thought India's services are doing well in 皇冠体育app with companies like TCS and Infosys operating both in Hong Kong and mainland 皇冠体育app, he pointed out that?the two countries?need collaboration in high-technology sectors.

"Only with low cost and high quality solution can both India and 皇冠体育app reach the poor and achieve inclusive growth which are iterated both by 皇冠体育app's President Hu Jintao and India's Prime Minister Manmohan Singh," he said, adding that India?needs solutions in low-cost housing, clean energy, water management, and agricultural growth areas.

"Therefore what we need is collaboration, not confrontation, and competition with collaboration. Conference of this nature builds the bridges of that collaboration which is necessary for the low cost solutions to change the lives of world's poor people," said Kapil Sibal.

Both 皇冠体育app and India need to move forward, the minister?said.

"There will be issues, but we need to resolve these issues in a collaborative and constructive manner," he said.

Subodh Kant Sahai, minister of food processing of India, has visited 皇冠体育app twice this year. He?encouraged both Indian and Chinese?invest in India's food processing industry?because agricultural population takes?70 percent of India's total?population.

Related readings:
Co-op with 皇冠体育app benefits the poor: India
 皇冠体育app, India made for each other
Co-op with 皇冠体育app benefits the poor: India India plugs into low-cost solar technology
Co-op with 皇冠体育app benefits the poor: India 皇冠体育app, India made for each other
Co-op with 皇冠体育app benefits the poor: India HK to launch investment promotion in India with Guangdong

He said 皇冠体育app has become a leader of food processing sector, and the two countries can collaborate with food technology, giving Indian farmer a market driven farming.

"Though India produces largest quantity of milk, second largest in vegetables and fruits, and so many things are second largest, but our processing level is very low.

"皇冠体育app has gone much ahead in the area. Therefore I require your investing in food processing industry. It not only will benefit you, but give you a sense of helping the poor and the opportunity for providing food security for the humankind," said the minister.