Chengdu woos Indian firms to invest in China’s IT hub

February 28th, 2010 - 9:38 pm ICT by IANS  

Bangalore, Feb 28 (IANS) Chengdu in Sichuan province of southwest China is wooing Indian firms to set up software development centres in that country’s IT hub and major outsourcing destination.
“Chengdu is an excellent gateway to China for Indian companies with its huge talent base, low operating cost, government support and presence of large multinational IT and outsourcing firms,” Chengdu mayor Ge Honglin told reporters here Sunday.

Ge flew in to India’s tech hub with a 50-member business delegation late Saturday by Air China’s first flight to Bangalore from Shanghai via Chengdu to promote investments in his capital city.

“The four-day visit provides us an opportunity to meet Indian investors from IT and outsourcing industry and to highlight Chengdu as an attractive business destination. With a direct flight service between Bangalore and Chegdu, I foresee more business, cultural and educational exchanges between the two IT hubs,” Ge said.

Showcasing Chengdu as a centre of science, commerce, finance and as the hub of transportation and communication, Ge said 130 of Fortune 500 firms had set up businesses in Chengdu, making it the most favoured destination in central and western China.

“We have 42 universities and 660 professional technical schools producing about 100,000 graduates every year to build human capital,” Ge said.

Beckoning Indian IT bellwethers Tata Consulting Services (TCS) and Infosys to set up operations in Chengdu, Ge said Wipro, which already has a research and development (R&D) centre in the city, had committed to expand its presence.

“I have visited Wipro facility earlier in the day and discussed with its management its expansion plans in Chengdu. We hope more Indian software firms will follow suit to tap the business potential in China,” Ge pointed out.

Asserting that Indian IT firms would not face language or cultural problems in Chengdu, Ge clarified that visas to Indian IT professionals would not be an issue as they were entitled to work permits and long-time stay.

“As software development will be in English for the domestic market and exports, language will not be a problem for companies and their professionals. With a large number of expatriates living in the city, Chengdu has cultural appeal and social harmony,” Ge said.

Inviting Indian firms to participate in the eighth China International Software Fair (ChinaSoft) being held from April 18-21 in Chengdu, Ge said the occasion would provide an ideal platform to showcase their strengths and service offerings, as the theme would be ‘Software Changes Life, Service Creates Value’.

“The four-day mega event will highlight professional, international, innovative, interactive, industrial and realistic applications, with a focus on investment, marketing, technology, standardisation and talent,” Ge added.

As a convergence of international and domestic software giants, IT elites, government agencies and industrial associations, the fair will strive to deepen industrial cooperation and discuss the strength and breadth of markets and industries.

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