China's service industry will become more open to the world, which will bring increasing opportunities for foreign companies, including ones from India, Premier Li Keqiang said during a visit on Tuesday to the Tata Group, an Indian multinational conglomerate headquartered in Mumbai.

"We warmly welcome competitive Indian companies to participate in the Chinese market, which will be beneficial for improving the trade imbalance between the two countries," Li said.

Li made the remarks while visiting Tata Consultancy Services Ltd - India's largest software services provider - which is owned by the Tata Group.