InvestHK visits India to promote Hong Kong's business advantages and opportunities (with photo)
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A highlight of the visit is the event Gateway to Growth: Exploring Business & Investment Opportunities in and via Hong Kong, jointly organised by InvestHK, the Hong Kong Economic and Trade Office in Singapore, and the Hong Kong Trade Development Council. As a keynote speaker, Mr Ng will update the participants on the latest developments in Hong Kong's business landscape, as well as the strategic advantages of establishing operations in Hong Kong for Indian companies.
Mr Ng said, "As one of the fastest-growing economies in the world, India is not only a major start-up base but also is home to numerous high-net-worth individuals and wealthy families seeking diversified investment opportunities. Hong Kong is uniquely positioned to meet these needs. Our vibrant start-up ecosystem, boasting nearly 4 700 ventures in AI, healthtech, fintech, Web3 and other cutting-edge fields offers exceptional opportunities for Indian start-ups and investors alike. Moreover, our New Capital Investment Entrant Scheme offers an attractive pathway for Indian wealthy families looking to combine investment with the option of living in the city."
Mr Ng's visit includes high-level discussions with prominent Indian firms and investors focusing on establishing a presence in Hong Kong to capitalise on its strategic advantages for global growth. Hong Kong's business-friendly environment, characterised by clear and transparent regulations, a simple and low tax regime, robust capital markets and free capital flows, positions the city as the ideal platform for Indian companies exploring expansion opportunities.
Mr Ng added, "With its unique position at the heart of Asia, world-class financial infrastructure, and deep connectivity with Mainland China and global markets, Hong Kong can empower Indian businesses to scale regionally and compete globally. This visit underscores InvestHK's commitment to strengthening Hong Kong–India ties by fostering greater investment and innovation between the two places."
The economic synergy between Hong Kong and India is profound. In 2024, India ranked as Hong Kong's ninth-largest trading partner, with bilateral trade amounting to approximately US$26 billion. Hong Kong is home to a vibrant and long-standing Indian community of over 42 000 people. Bilateral ties have been further reinforced by the Comprehensive Avoidance of Double Taxation Agreement, signed in March 2018 and enhanced through a protocol in November 2018, which provides a robust framework for cross-border trade and investment.
Ends/Sunday, April 20, 2025
Issued at HKT 9:00
Issued at HKT 9:00
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