India-China (Xuzhou) IT and Outsourcing Services Investment Forum held in Xuzhou (Jiangsu) 70 Chinese companies participate – Party Secretary Zhang Guohua welcomes Indian delegation News / Events

India-China (Xuzhou) IT and Outsourcing Services Investment Forum held in Xuzhou (Jiangsu) 70 Chinese companies participate – Party Secretary Zhang Guohua welcomes Indian delegation

  Consulate General of India in Shanghai along with Xuzhou Municipal People’s Government jointly organized an India-China (Xuzhou) IT and Outsourcing Services Investment Forum in Xuzhou (located in Jiangsu Province) on July 5, 2017.

2. The objective of the Business and Investment Forum was to introduce the strengths of Indian IT/ITES companies to Xuzhou based IT companies and Xuzhou Government, and to present to them specific sectors in which possibilities of cooperation with the Indian IT and Service-Outsourcing companies could be explored.

3. A seven member Indian delegation was led by Consul General Prakash Gupta, which included CEOs and senior representatives from Indian Companies like Tech Mahindra, Zensar Technologies, Infosys and Wipro.

4. Mr. Zhao Li Qun, Vice-Mayor of Xuzhou delivered the opening address and acknowledged the excellence of the globally acclaimed Indian IT and Outsourcing Services companies and urged business leaders from Xuzhou to establish greater synergies between Indian and Chinese industries and encouraged Xuzhou-based companies to aggressively explore opportunities of collaboration with the Indian IT and Outsourcing Services.

5. Consul General Prakash Gupta gave an overview of the investment climate in India and called on companies from Xuzhou to make full use of the investment opportunities available to Chinese companies in India, and encouraged them to explore collaboration with Indian IT and Outsourcing Companies.

6. During the India-China (Xuzhou) IT and Outsourcing Services Investment Forum, presentations were made by representatives from Indian IT/ITES Companies who elaborated upon the sectors/projects in which collaboration with Indian IT/ITES Companies was possible.

7. A series of B2B meetings were also held between participating Indian companies with their Chinese counterparts from Xuzhou, which generated significant business leads for the participating companies. A comprehensive information kit containing pen drive with detailed information on the investment guidelines, investment/projects list till end 2017, state wise profiles, visa guidelines etc. (all in Chinese) was distributed to all the Chinese participating companies.

8. The India-China (Xuzhou) IT and Outsourcing Services Investment Forum was held as part of the China (Xuzhou) International Service Outsourcing Cooperation Conference scheduled from July 4-6, 2017 where representatives from Companies from nearly 15 countries participated in the event.

9. Earlier, Party Secretary of Xuzhou Mr. Zhang Guo Hua received the Indian delegation led by Consul General on 4th July evening and discussed ways and means to further promote all round cultural and economic cooperation between India and Xuzhou. Consul General invited the leaders from Xuzhou Municipal People’s Government to lead an investors’ delegation to India to explore further opportunities of cooperation. It is expected that as a follow up to the Business Forum, Xuzhou city leadership would lead an investors’ delegation to visit India in first half of 2018 to explore tangible investment opportunities under flagship initiatives of the Government like ‘Make in India’ and ‘Smart Cities’ projects.

10 It may be noted that Xuzhou (located in Jiangsu province) is a key hub of transportation, industries and innovation parks and is aiming to develop itself into an IT and outsourcing city in Eastern China.

 

Xuzhou (Jiangsu)

5th July 2017

 

Enclosure : Select pics of the event