INDIA is intent on making its economy more accessible to foreign investors, says Finance Minister Manmohan Singh. ''It is our sincere hope, now that India has opened up its economy, that we can build new and stronger links between India's and Hong Kong business communities,'' Mr Singh told a top-level delegation of Hong Kong businessmen yesterday. He predicted India's ban on imports of consumer goods would be lifted by the end of next year. The delegation, led by Trade Development Council executive director Francis Lo and which includes Gordon Wu Ying-sheung, managing director of Hopewell Holdings, and Christopher Cheng, chairman of Wing Tai Garment International, met Mr Singh in New Delhi. During the five-day trip, which began on Saturday, the delegation is scheduled to meet the ministers for commerce and foreign affairs, and senior business figures. Mr Singh, who has played a leading role in India's three-year programme of economic reform, referred to a ''great untapped potential for writing a new chapter'' in the country's trade and investment relations. India has slashed import duties from 300 per cent to 85 per cent, and more reductions are planned. Last year, Hong Kong's exports to India rose 17 per cent to $3 billion. Re-exports, about half of which originated in China, rose 20 per cent, to $2.7 billion. In the first five months of the year, exports increased 100 per cent compared with the same period last year. The main exports from Hong Kong to India include textiles, computers and watches. Mr Lo told Mr Singh the progress of reform had ''won the admiration'' of the delegation.