Insta
China: India Launches Third IT Corridor In Xuzhou To Facilitate Partnerships Between Indian, Chinese Companies
Prime Minister Narendra Modi and Chinese President Xi Jinping (Representative Image) (Wang Zhou - Pool/Getty Images)
In a bid to secure the best interests of its Information Technology (IT) industry in the second biggest economy in the world, India has launched its third IT corridor in China. The National Association of Software and Services Companies (NASSCOM), which is the trade association of Indian IT industry, has entered into a partnership with China's Xuzhou city from Jiangsu Province to help develop the corridor, reports Economic Times.
Xuzhou is the centre of the Huai Hai economic zone and plays the role of a vital national transportation hub connecting the major industrial and economic hubs like Shanghai, Beijing, Hangzhou, Nanjing and Suzhou.
“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 two of the previous Indian IT corridors in China are located at Dalian and Guiyang cities. These have helped India to establish its presence in the burgeoning Chinese IT market in the domains of artificial intelligence (AI), internet of things (IoT) and analytics.
Introducing ElectionsHQ + 50 Ground Reports Project
The 2024 elections might seem easy to guess, but there are some important questions that shouldn't be missed.
Do freebies still sway voters? Do people prioritise infrastructure when voting? How will Punjab vote?
The answers to these questions provide great insights into where we, as a country, are headed in the years to come.
Swarajya is starting a project with an aim to do 50 solid ground stories and a smart commentary service on WhatsApp, a one-of-a-kind. We'd love your support during this election season.
Click below to contribute.
Latest
