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India China collaboration provides India entry to lucrative Western China market
Media Release
May 30, 2005

India has launched its first determined bid to enter the huge, largely untapped and resource-rich western China market, including Tibet and the maiden venture has received positive response, official sources said here today.

Along with the Indian Embassy in China, major Indian companies including L&T, Ranbaxy, TCS and NIIT showcased their technological and scientific prowess for the first time at the just-concluded Sixth Western China International Economy & Trade Fair held in Chengdu, capital of southwest China's Sichuan province.

"This was the first-ever comprehensive package presentation of India's capabilities in China's Western region," Commercial and Economic Counsellor of the Indian Embassy, Vinay Kwatra said.

The trade seminar held as part of the fair was attended by some 100 senior Chinese executives and entrepreneurs who nearly mobbed and sought details of Indian high-tech companies and software giants, he claimed.

During the seminar, Chinese enterprises were given a comprehensive briefing on the growing Indian economy and the potential for mutually beneficial cooperation, he said.

Senior representatives of L&T, Ranbaxy, TCS, NIIT, State Bank of India, Air India, I-Gate Solutions as well as the Confederation of Indian Industry (CII) made bi-lingual power-point presentations on their activities in China and scope for bilateral cooperation.

 
http://www.indiadaily.com/editorial/2957.asp