China also promised to establish two industrial parks, in Gujarat and Maharashtra, as well as provide greater market access to Indian products, in an effort to allay India’s worries over the widening bilateral trade deficit, which has soared from $1 billion in 2001 to more than $40 billion today. Modi’s efforts to revive market-oriented reform and improve the country’s business environment will help to attract Chinese corporations eager to capitalize on India’s vast labor force, varied skill base, and geographical advantages.