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Recently India’s National Association of Software and Services Companies (NASSCOM) entered into a partnership with China's Xuzhou city (Jiangsu Province) to help develop India’s 3rd IT corridor in China. The corridor facilitates will facilitate match-making between Indian companies wanting to collaborate with companies in China looking to adopt digitaltransformation from verticals such as manufacturing, retail, automotive, healthcare and utilities and help them create innovative product and solution in the co-create mode.Through this partnership, the platform will be launched that will facilitate match-making between Indian companies wanting to collaborate with companies in Huai Hai economic zone 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, it said.This partnership will help create more jobs in Xuzhou and India and facilitating talent transfer between the two countries, it said.The signing of the China-India (Xuzhou) IT Corridor Project is an important measure for the Indian software and service industry associations to enter the Chinese market and seize the development opportunity of the Huaihai Economic Zone Mayor of Xuzhou Municipal Government said.
The first two IT corridors of India in China are in which cities?
Beijing and Shanghai
Taipei and Macau
Dalian and Guiyang
Guangzhou and Hong Kong
Shenzhen and Tianjin
IT corridor facilitates partnerships between Indian and Chinese companies by enabling Indian software and service industry associations to enter the Cinese market and seize the development opportunities in China. NASSCOM has already launched two such IT corridors at Dalian, India's first IT hub in China (in Liaoning Province) and Guiyang (in Guizhou province) to tap the burgeoning Chinese IT industry market. This 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).
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