Singapore:Indian companies in China plan to ramp up their investment and increase headcount by five times in next two to three years, once Beijing relaxes rules on foreign investors and operators, an expert on Sino-India commerce and trade legalities said.
Over 100 Indian companies run their operations in China.
"Some of our clients have acknowledged the provincial Chinese governments' support for their businesses and are planning further expansion based on these positives," Singapore-based lawyer with Dacheng Central Chambers LLP Rahul Singh Talwar said.
Dacheng Central Chambers LLP manages commerce and trade legalities for businesses working in China, Singapore and India.
"There is a renewed confidence after the Indian Prime Minister's meeting with the Chinese President Hu Jintao at Sanya," said Talwar.
Source: PTI
