BRICS cooperation fosters business opportunities
1 min read
Niren Anand’s new shoe factory, with an investment of 10 million U.S. dollars in the city of Bhubaneswar in east India, started operation on July 5 this year. It is expected to produce 2 million pairs of shoes annually.
“If I look back, I can find that the decision to start my business in Xiamen was quite good and quite progressive in 2011. And I can see a lot of benefit now because of that decision,” Anand said.
Xiamen, a coastal city in east China’s Fujian Province, hosted the BRICS summit in 2017, with its focus on cooperation among major emerging economies.
