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China to approach Infosys, HCL to set up units in Jiaxing

Views 0 Views    Comments 0 Comments    Share Share    Posted 17-04-2009  
GURGAON: China would approach Indian software majors such as Infosys and HCL to set up units in IT and BPO parks, which will come up in Jiaxing
city, a Chinese official said today.

Jiaxing city plans to set up three to five IT/BPO parks and is now in the process of contacting big IT companies from India like Infosys, HCL, and TCS, Jiaxing Municipal Bureau of Foreign Trade and Economic Cooperation Vice-Director Shen Wenping said at a CII meet here.

India is the 15th largest exports destination and 29th largest exporter to Jiaxing.

Wenping further said the trade between India and China is likely to touch $60 billion in 2009, up from $51.7 billion last year.

A delegation from China is on a visit to India to promote Jiaxing as an attractive investment destination for Indian enterprises and to foster bilateral ties.

Source:
http://economictimes.indiatimes.com/Infotech/China-to-approach-Infosys-HCL/artic
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