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China has the world's largest domestic tourism market and outbound Chinese tourists are the biggest spenders worldwide.
The contract will last eight years and production is set to start shortly.
The organisation's 'World Investment Report 2013' was released on Wednesday.
The layoff plan comes after it reported lower-than-expected first quarter earnings in mid-April.
Investors’ annual rate of return is estimated at 12 per cent, said a statement from the companies.
Applications for new Indian banking licences need to be submitted by July 1 with the Reserve Bank of India.
The deal signals the gradual end of state-controlled Gazprom’s monopoly on exports of natural gas.
Switzerland is facing growing pressure from the US and other countries to share foreign client details.
Incumbent economic development minister Andrei Belousov has been appointed as aide to Russian President Vladimir Putin.