Bangalore – Chinese Enterprises Are Creating 24,000 Jobs With 10 Billion USD Dollar Investment, 2016. CIFIT is China’s International Investment and Trade, A promotional event aiming for trade and investment. This programme is themed as Introducing Investment and Going Global. This is having more than 100000 business man, 4000 enterprises, From 105 countries, It stages 1000 benchmarking events, Presenting 3000 projects and 100 themed workshops. The year 2016 is 20th edition of this programme which is going on from 8th to 11th September. Some of the following details got published by Make in India organisation by government of India.
- Bengaluru is top investment destination with 1.24 billion capital investments.
- Out of total 25 sectors in Make in India programme, Communications alone having 22.5 % of investments by Chinese projects.
- Total 52 projects have been signed and by creating 24,000 jobs and 10 Billion USD dollars investments.
- These Chinese projects are next largely in Infra, Power, Industrial and Telecom sectors.