China''s economy is zooming ahead and Gujarat has got a piece of this action. The business savvy community has sniffed and embraced the opportunity to trade with the Dragon. And the returns are showing.
Trade volumes with China have become the second biggest source of foreign exchange for Gujarat. And when money talks even language is no barrier. Morbi is a small city in Rajkot district of the state. It is in this Morbi that China''s ceramic capital Foshan has found a sister city.
Now the Chinese ceramic cluster is saying rather than competing with each other, we need to find a model by which we can co-operate with each other, like, a consortia of Indian and Chinese ceramic companies, said Jagat Shah, Deputy Secretary General, Indo-China Economic Council. It''s a ceramic tie-up that has become a metaphor for the larger Sino-Gujarati business boom in the unfolding.
For Gujarat, trade volumes with China has become the second biggest source of foreign exchange.
Forced to recognise this surge in trade top Gujarati industrialists last week took a delegation to the World Economic Forum in Dalian - the largest petroleum port in China - to boost business.
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