Guiyang Current Affairs - 2019

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India launches third IT corridor in China

India has launched its third IT corridor in China. The corridor will facilitate partnerships between Indian and Chinese companies. National Association of Software and Services Companies (NASSCOM) entered into a partnership with China’s Xuzhou city from Jiangsu Province in China to help develop the IT corridor.

IT Corridor

  • IT corridor facilitates partnerships between Indian and Chinese companies by enabling Indian software and service industry associations to enter the Chinese market and seize the development opportunities in China.
  • The corridor facilitates will facilitate match-making between Indian companies wanting to collaborate with companies in China looking to adopt digital transformation from verticals such as manufacturing, retail, automotive, healthcare and utilities and help them create innovative product and solutions in the co-create mode.
  • The corridor will help create more jobs in China and India and facilitate talent transfer between the two countries.
  • The earlier two corridors launched at Dalian and Guiyang cities has brought to fore opportunities with over 300 companies where more than 10 Indian SME companies have signed deals worth 31 Million RMB (USD 4.5 million).
  • The first two corridors had enabled cooperation in co-create mode in the emerging technologies such as AI, IoT and Analytics in the Chinese market.

IT corridor project between India and China strengthens India-China Digital Cooperation by leveraging the respective strengths in hardware and software to build innovative products and solutions in Co-create mode.

Month: Categories: International

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Sino-Indian Digital Collaboration Plaza

The Sino-Indian Digital Collaboration Plaza (SIDCOP) has been launched by the National Association of Software and Services Companies (NASSCOM) in association with Municipal Governments of Guiyang and Dalian.

About the SIDCOP

The initiative aims to bring Indian IT companies and Chinese enterprises closer to each other on a single AI enabled platform. This platform will be managed by a joint venture comprising of one Indian and Chinese company.

The initiative aims to encash the expertise of Indian IT enterprises in business transformation and operational optimization by using IT tools in complex business environments. Indian IT enterprises are successfully serving many international clients to transform their businesses and globalize and revolutionize with changing times.

The SIDCOP offers a boundary-less marketplace for Chinese enterprises in order to assist them in operational optimization and adopting industry best practices in business solutions by connecting with Indian enterprises.

National Association of Software and Services Companies (NASSCOM)

NASSCOM is a not-for-profit industry association and is the apex body for the Indian IT-BPM industry. The membership of the NASSCOM is open for Companies registered in India and are focused on providing IT-BPM products and services.

NASSCOM aims to make sure that service quality and enforcement of Intellectual Property Rights have been properly implemented in the Indian software and BPM industry.

Month: Categories: InternationalUPSC

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