InvestHK travels to India to highlight business potential and benefits.

The associate director-general of investment promotion at Invest Hong Kong (InvestHK) Charles Ng Siong-kwong will commence his duty visit to Mumbai and New Delhi in India today to highlight Hong Kong’s unrivaled role as a gateway for Indian companies to expand into Mainland China and across North Asia and Southeast Asia.

As a keynote speaker at an event jointly organized by InvestHK, the Hong Kong Economic and Trade Office in Singapore, and the Hong Kong Trade Development Council, Ng will update the latest developments in Hong Kong’s business landscape, as well as the strategic advantages of establishing operations in Hong Kong for Indian companies.

His 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.

“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,” Ng said. “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.”

He noted that the New Capital Investment Entrant Scheme also offers an attractive pathway for wealthy Indian families looking to combine investment with the option of living in Hong Kong.

In 2024, India ranked as Hong Kong’s ninth-largest trading partner, with bilateral trade amounting to approximately US$26 billion (around HK$2.03 trillion).

Hong Kong is also home to a vibrant and long-standing Indian community of over 42,000 people.