SME Times News Bureau | 15 Apr, 2014
The Hong Kong Trade Development Council (HKTDC), which is working for promoting trade with Hong Kong as a hub, plans to open more offices in India to boost trading opportunities between India and Hong Kong, reports media.
"We are planning more offices in India. In November we will open an office in Delhi and in future we also hope to open an office in Kolkata," HKTDC regional director (SEA and India) Dannie Chiu said on the sidelines of an ICC organised seminar.
India could harness Hong Kong as a hub to export its products to ASEAN countries and China, she said.
The products that held potential were tea, textile and fresh food. Black tea held a lot of potential for export to China. China's black tea production was just 6 per cent of its total tea output.
In 2013-14 Indian exports to Hong Kong stood at USD 8.8 billion while imports were at USD 8 billion.
HKTDC officials said they offered assistance for establishing trade links with mainly small and medium scale companies in Hong Kong.
