An official from Hong Kong travels to India, promoting collaborations in innovation and investment.
The Hong Kong Special Administrative Region (HKSAR)’s associate director-general of investment promotion at Invest Hong Kong (InvestHK) Charles Ng commenced his duty visit to India’s Mumbai and New Delhi on Sunday, aiming to further foster investment and innovation ties between the two sides, according to the HKSAR government.
The visit highlights the HKSAR’s unrivaled role as a gateway for Indian companies to expand into the Chinese mainland and across North Asia and Southeast Asia, said the HKSAR government.
Ng’s visit includes high-level discussions with prominent Indian firms and investors focusing on establishing a presence in Hong Kong to capitalize on its strategic advantages for global growth. Hong Kong’s business-friendly environment, characterized 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, according to the HKSAR government.
One highlight of the visit is the event “Gateway to Growth: Exploring Business & Investment Opportunities in and via Hong Kong,” jointly organized by InvestHK, the Hong Kong Economic and Trade Office in Singapore and the Hong Kong Trade Development Council. As a keynote speaker, Ng will update participants on the latest developments in Hong Kong’s business landscape, as well as the strategic advantages of establishing operations in the HKSAR for Indian companies.
“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,” Ng said, noting that the HKSAR’s vibrant start-up ecosystem, boasting nearly 4,700 ventures in artificial intelligence, 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,” the InvestHK official said.
With its unique position at the heart of Asia, world-class financial infrastructure and deep connectivity with the mainland and global markets, Hong Kong can empower Indian businesses to scale regionally and compete globally, said Ng, noting that “this visit underscores InvestHK’s commitment to strengthening Hong Kong-India ties by fostering greater investment and innovation between the two places.”
According to the HKSAR government, the economic synergy between the HKSAR and India is profound. In 2024, India ranked as Hong Kong’s ninth-largest trading partner, with bilateral trade amounting to approximately $26 billion. Hong Kong is home to a vibrant and long-standing Indian community of more than 42,000 people.
