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China likely to set up industrial parks in country: Trade Minister

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China likely to set up industrial parks in country: Trade Minister

New Delhi, Sept 10: China is likely to announce establishment of industrial parks in India during President Xi Jinping's visit this month, Trade Minister Nirmala Sitharaman said on Wednesday. Addressing mediapersons, Sitharaman also said that India will ask China to set up manufacturing units for exports as it seeks to restore economic momentum and provide jobs for the tens of thousands of people entering the workforce each month.India is good with rich manpower, well trained manpower, we think, particularly, in activities where large scale technology driven but labour intensive production units have to be set in. No other better place can be in the globe today than in India. So the Chinese investments are being drawn.

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