By Li Baijun, Economic and Commercial Counselor, Embassy of the People’s Republic of China in IndiaIn December 2015, I accompanied Mr. Le Yucheng, the Chinese Ambassador to India, to the Opening Ceremony of VIVO India. That was the first commercial event I participated in as Economic and Commercial Counselor. I asked the head of VIVO India about the company. He said that VIVO came to India in December, 2014. It has nearly 10,000 employees in 300 cities of 22 Indian states. Its production center in Noida will have a monthly output of 1 million phones by the end of 2016. In addition, VIVO is the key sponsor of Indian Premier League, the popular local game. The model X5 VIVO tailored for the Indian market was also popular among young people. Hearing these, I was a bit puzzled: why has VIVO invested so much in India? The head of VIVO India gave a simple answer, "We have technologies and equipment, while India has talents and market. This is a perfect match. India will be a key market for us in the future." Several days later, at the China-India matchmaking fair for mobile phone industry joined by nearly 200 mobile phone companies from both countries, I heard the same message many times.The mobile phone industry is only an epitome of production capacity cooperation between China and India. Photovoltaic, IT, the Internet, construction machinery and other sectors also share similar stories. In recent years, especially after Prime Minister Modi took office in 2014 and President Xi Jinping paid a visit to India, production capacity cooperation between China and India has increased substantially both in quantity and quality. We have fruitful cooperation in the railway sector, construction machinery, industrial parks, mobile phone, new energy and other fields of production capacity cooperation. By the end of 2015, China follows and implements around 100 projects in India, worth nearly USD 10 billion. Apart from traditional areas such as power and telecommunications, cooperation projects in steel, transport, energy and many other fields keep emerging. Chinese technologies and equipment have won growing recognition from the Indian market. One thing worth noting is that China’s investment in India achieved leapfrog growth in the past two years. According to Chinese statistics, in 2013 and 2014, the direct investment stock from China to India soared from USD 1.117 billion to USD 3.4 billion, a near-double increase. The investment grew even further again in 2015. Many famous enterprises in China, such Alibaba, Wanda Group, Xiaomi, Letv and VIVO are all optimistic about the Indian market and choose to invest there. “Chinese brands made in India” have become a new normal and “Make in Chindia” a new trend.In the meantime, as the world’s factory and world’s back office, China and India enjoy great potential in cooperation on production capacity. China is the world’s biggest producer of over 220 industrial goods, notably steel, cement and automobile. It also represents 38%, 41% and 60% of the world’s machine tool production, ship completions and power generation equipment. Such green, low-carbon, quality and world-leading production capacity is precisely what India needs for its infrastructure development; while India’s competitiveness and creativity in IT, pharmacy and the services sector also attract China’s interest for exchanges and cooperation. China and India’s capacity cooperation will be complementary and turn India into world’s most competitive production base, most appealing consumer market, and most powerful growth engine.It can be foreseen that going forward Asia’s share in the global economy will continue to grow. As two important forces in the process of multi-polarization, China and India will be the principal drivers of growth in Asia and beyond. Their cooperation on production capacity will be the new point of the world. Mahatma Gandhi once observed that “China and India are fellow travelers sharing weal and woe in a common journey.” We have every reason to believe that as long as the fellow travelers seize the opportunities for capacity cooperation, “Make in Chindia” will surely become a shining brand and dominant trend of manufacturing industry in the future. This will bring tangible benefits for the two peoples, and deliver win-win results for pragmatic cooperation between the two countries.