In particular the process to set up a new company, where the entrepreneur moves into a rented facility takes from two to three months to go into operation and for a green field project that takes at the most one year.
The mission visited the Service Outsourcing Pilot Base which was an exhibition of a new initiative by the SIP authorities targeted to making Suzhou a destination for attracting Advanced Technology based Service Industry to host creative industry. The mission is to change the label “Made in Suzhou” to “Made by Suzhou”.
The CII MSME delegation led by Mr. Shenava, MD of Industrial Tubes visited the ASEM Trade and Investment Fair on SMEs in Quingdao, Beijing Economic Technological Development Areas and had interactions with the SME authorities and relating to SMEs in Quingdao, Beijing and Shanghai. Dr. Sarita Nagpal, DDG, CII accompanied the delegation.
Confederation of Indian Industry