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Gujarat Chief Minister Narendra Modi commenced a significant 6-day business tour to China on Wednesday accompanied by a high-level delegation of 35 Gujarat-based industrialists and top bureaucrats
Modi has planned China trip with a clear strategy to increase Gujarat's trade ties with China. Gujarat is one of the largest producers of cotton in India. Out of 440 million bales of cotton produced last year, China imported almost 330 million of bales from Gujarat.
Modi wants to set up exclusive SEZ if possible with the help of Chinese investors for 'value addition' to turn cotton into fabric and fashionable garments for exports.
Modi government enjoys excellent equations with some of India's prominent houses.
Essar Group chairman Shashi Ruia, Torrent Pharma chairman Sudhir Mehta, Adani Group chairman Gautam Adani, and Nirma chairman Karsanbhai Patel are among the industrialists accompanying Modi.
Prior to his departure on the current tour, Modi told a select gathering in Ahmedabad that "Gujarat is not competing with other states like Maharashtra, Karnataka, and Andhra Pradesh. We may surpass them. I want Gujarat to compete with China, Germany and Japan."
Gujarat is among the fastest growing states in India. Against the national growth rate of around 7 per cent, Gujarat is galloping at over 12.5 per cent growth rate. Modi pointed out to his audience in Singapore that while India is struggling to achieve a 4 per cent farm sector growth rate, Gujarat's agriculture output was expanding by 11.2 per cent.
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