He said that currently trade between the two countries was growing at the rate of 40% every year. He also said that in three years time, China would become the biggest trading partner of India.
Earlier, welcoming the trade delegation from Zhenjiang, Mr Deep Kapuria, Chairman, CII (northern region) and CMD, Hi-Tech Gears Ltd, said, "the bilateral trade target set by the two governments at $20 billion by 2008 has already been met in 2006 and the target of $30 billion for 2010 is expected to be met by this year end." He hoped the trade basket to diversify and cover more areas.
Confederation of Indian Industry
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