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NEW DELHI, NOV 8: Fifteen Chinese companies are in talks with Indian IT and telecom firms like Tatas, Cosmos and CMC for joint ventures in the sectors.
"Chinese companies are keen to promote joint ventures to commonly compete with the international players and both the countries should jointly identify areas for tie-ups in BPO and knowledge process outsourcing (KPO)," Wu Yi Min, who is leading a 20-member IT delegation to India, said.
To facilitate such ventures, industry chamber ASSOCHAM and the Guangzhou standing committee of CPC China have decided to set up nodal agencies, an ASSOCHAM statement said in New Delhi on Monday.
The Chinese companies, which have initiated an exercise for setting up JV projects in either country, include Tianhe Software Park, Timhe Software Park, Guangzhou Radio Group, Guangzhou Huawei Software Co and Guangzhou Maywide Technology Co Ltd.
Some sectors like manufacturing, medical, biotech and finance, have the potential of emerging as BPO and KPO segments, Min said. |