India aims for single window clearance for IT firms in China

Jun 01 2014, 16:43 IST
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SummaryIndia aims to press Beijing for working out a "single window clearance" concept to enable Indian IT companies to enter the Communist giant's market.

owned Enterprises (SOES) could work together in third countries as multinationals.

The new government headed by Prime Minister, Narendra Modi, has a vision of developing the industry in harmony with global community, he said.

Lu Zhijun, Director General of China's State-owned Assets Supervision and Administration Commission (SASAC) suggested that India and China could set up a bilateral mechanism on the lines that existed between China-South Africa facilitating easy trade and business and exchanges between the two countries.

To build platform both of us have to have smooth communication to explore and achieve win-win results, he said.

Leading Chinese SOEs such as State Grid, China Mobile, CNPC, CNOOC, Huaneng, Shenhua participated besides Indian Companies like Infosys and WIPRO took part in the Round Table.

This is the first ever such interaction between Chinese SOEs and Indian IT companies.

Another IT workshop on the licensing and regulatory regime in China was held in partnership with the China Software Industry Association and NASSCOM, and supported by the Ministry of Industry and information Technology of China and the Ministry of Commerce and Industry of India.

Apart from above, each sectoral delegation had detailed meetings with Chinese stakeholders and site visits to discuss cooperation possibilities.

The interaction was facilitated by the Indian Embassy in Beijing in coordination with the Confederation of Indian Industry (CII), Shanghai.

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