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China-India ties to benefit world: Indian envoy

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Beijing: Indian ambassador Ashok Kantha said India and China prominence once again in a mutually  supportive manner and will benefit the world.

Kantha has a “sense of deep satisfaction” as relations between the Asian neighbours gained momentum since he took office in 2014, Xinhua quoted the ambassador as saying.

Kantha will complete his tenure and leave China this week.

The last two years were “the most productive phase” in the development of Sino-Indian ties, as shown by frequent high-level exchanges, especially the two landmark visits by leaders of the two countries, he said.

In September 2014, Chinese President Xi Jinping visited India. In May 2015, Xi welcomed Modi to his hometown.

In addition to reaching a series of agreements and understandings, the leaders also sent out “very powerful signals of the desire by India and China to work together”, said Kantha.

The re-emergence of India-Sino relations was a defining development of the 21st century, and the two countries have to take into consideration each other’s interests, concerns and aspirations, he added.

China is one of India’s largest trading partners, with two-way trade in 2015 expected to reach $100 billion.

“We need to move to a more balanced trade relationship,” said Kantha, adding India was trying to expand its economic engagement and attract investment from Chinese companies.

While China has promoted strategies including ‘Made in China 2025’ and ‘Internet Plus’, India has launched initiatives such as ‘Make in India’, ‘Digital India’ and ‘Smart Cities’.

Kantha said these will create new opportunities for the two countries to contribute to each other’s development.

“Indian companies have strengths when it comes to the knowledge-based economy, which can contribute to Chinese economic development, which emphasises innovation and R&D,” said Kantha.

Kantha said he appreciated Chinese people’s interest in Indian culture. After visiting 27 Chinese cities, Kantha said: “Yoga is finding a second home in China.”

China and India, as neighbours and two of the world’s fastest growing economies, approach several key global issues with similar perspectives.

“We have converging interests when it comes to international issues. Therefore, it is not surprising that collaboration is increasing significantly.”

Kantha admitted there were problems, such us border disputes. “But we will not let them get in the way of the development of relations.”

In 2015, China and India, together with other BRICS partners, worked to launch the New Development Bank, which is headquartered in Shanghai and headed by an Indian president.

India also supported China establishing the Asian Infrastructure Investment Bank last year, with India being the second largest shareholder.(IANS)

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Coca-Cola plans to break into Indian ‘fruit circular economy’

According to Krishnakumar, Coca-Cola India with its focus on the 'fruit circular economy' will enable the growth in demand for fruits which in turn would improve the farm practices and increase the farmer income

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The company is also planning to launch vegetable-based beverage like carrot juice.
The company is also planning to launch vegetable-based beverage like carrot juice. Wikimedia Commons
  • Coca-Cola is also planning to launch vegetable-based beverage like carrot juice
  • The company plans to launch fruit juices based on the regional preferences
  • The company’s focus on fruit beverages is in line with its philosophy of ‘beverage for life’

Expanding its fruit-based beverage offerings, frozen fruit dessert, getting into dairy based value-added products and also exporting those products developed in India, are some of the plans of Coca-Cola India Pvt Ltd, said a top company official.

He said the company’s focus will be on ‘fruit circular economy’– enabling farmers to increase their yield, source pulp and launch fruit-based products.

The company is also planning to launch vegetable-based beverage like carrot juice.

“We are in the process of developing different fruit beverages including based on regional fruits and would soon be launching them.

“Similarly we will also expand our portfolio of fruit flavoured sparkling drinks like Fanta.

Also Read: Tune into a healthy lifestyle with these natural sweeteners

“After successful piloting of our frozen fruit dessert in Bengaluru, we will launch the product in major cities this April,” T. Krishnamukar, President, Coca-Cola India and Southwest Asia told select media here late on Thursday.

He said the company plans to launch fruit juices based on the regional preferences. For instance, the company would launch mango juices based on mango varieties that are available and popular in a particular region so that there is also a local connect.

Presently the Coca-Cola group is a $21 billion brand.
Presently the Coca-Cola group is a $21 billion brand. Wikimedia Common

“We are also working on a product based on gooseberries,” he added.

According to him, the company has tied up with Jain Irrigation that operates fruit pulping plants in different regions.

“We have tied up with Jain Irrigation for sourcing and pulping mango fruit. Similarly, we have a tie-up with that company for oranges in Maharashtra.

“We expect Jain Irrigation may start setting up an orange pulping plant and the first commercial orange pulp may be available sometime in 2020,” Krishnakumar added.

Also Read: Prepare these Amazing Cocktails for a tipsy Winter

He said the company’s focus on fruit beverages is in line with its philosophy of ‘beverage for life’ meaning to have a product for people in different age groups.

“The philosophy now is to make the company bigger than the Coca-Cola brand.

Presently the Coca-Cola group is a $21 billion brand,” he said.

According to Krishnakumar, Coca-Cola India with its focus on the ‘fruit circular economy’ will enable the growth in demand for fruits which in turn would improve the farm practices and increase the farmer income.

the company would launch mango juices based on mango varieties that are available and popular in a particular region so that there is also a local connect.
the company would launch mango juices based on mango varieties that are available and popular in a particular region so that there is also a local connect. Wikimedia Commons

“We felt we should be more relevant to the local community. Tastes, views vary based on regions. So we have to move globally to local and local to global,” he said.

The company will launch the local fruit beverages-including the mango beverage- under the Minute Maid brand.

“The fruit pulp content will be between 10 percent to 25 percent in such drinks,” Krishnakumar added.

He said the research and development (R&D) work for new products is being done in India and also in Shanghai in China.

Speaking of exports, he said the company has started exporting Indian brands like the carbonated drink ThumsUp and masala soda RimZim to Bangladesh and later to Sri Lanka, Bhutan and other markets.

Also Read: Five Benefits of Honey and Lemon Drink that Can’t be Ignored

“We want to build on Indian brand as a billion dollar beverage brand. We are not shipping the end product but the formula, brand and related matters,” he said.

Speaking of the sugar content in the company’s beverages, Krishnakumar said work in on to reduce the sugar content in its drinks and in five years time the beverages sold by the company will have far less sugar content than what it currently has.

On the foray into the dairy products segment, Krishnakumar said during the second half of the current year the company would launch the value-added dairy product. (IANS)