Special division in China to woo Indian IT giants Tuesday, January 25 2005 14:02 Hrs (IST) - World Time -
Beijing:
China has set up a special division to woo Indian software majors, especially the four giants - TCS, Infosys, Wipro and Satyam - to help them expand their operations in the country, a senior official said today (Jan 25, 2005).
"We have set up the Sino-India Cooperative Office under the National Software Export Base recently to help Indian software companies to expand their operations in China, especially Beijing," Dr Zhu Peifen, a senior Chinese official said.
"This is the first time we have set up a special division for a particular country," Zhu, Director, Hi-tech Industry Development Division of Development and Reform Commission of Beijing Government said in Beijing.
Zhu, who recently visited India said that TCS, Infosys, Wipro and Satyam, which have operations in China, were looking at the booming Chinese information technology market in a big way and at least two of them had major expansion plans, including setting up a base in Beijing.
However, Zhu declined to name the two companies, which have expressed keen interest in expanding operations to the Chinese capital.
The Sino-India Cooperative office, established a month ago is staffed by 12 Chinese software experts, who will liase with Indian software companies and look into their needs so as to help them set up bases in China, especially in Beijing, which has so far been shunned by Indian software companies who have opted for the gleaming eastern metropolis, Shanghai.