Wipro is in the process of establishing a multi-product manufacturing unit in China while Infosys plans to use it as a base for handling a range of informational technology projects in this country. These are among the several Indian companies that see great potential in business collaboration in Chinese industry.
“In the infrastructure engineering area where we are a leader in hydraulic cylinders, we have taken a decision to set up a multi-product manufacturing unit in China during this year,” Wipro chairman Azim Premji has written in “India China ties: 60 years, 60 thoughts”, a volume brought out by the Indian embassy in Beijing to mark the 60th anniversary of diplomatic relationship between the two countries.
Ratan Tata, chairman of Tata Sons does not mince words about the challenges that lie ahead when he wrote in the volume, “Going forward, India and China will increasingly be global competitors for resources and markets”. He expressed the hope that the two countries can find ways to become complementary economic powers which “synergize the strengths of each other” in addressing global markets.
This sentiment was echoed by most representatives of Indian industry who contributed to the volume containing thoughts by 60 prominent Indians.
N.R.Narayan Murthy, founder chairman of Infosys Technologies, said, “The high quality of Chinese talent, the sound work ethic, high learnability, and customer orientation, make China an ideal location for our IT projects to be completed”.
“They (India and China) need to look at each other from a fresh prospective,” Gautam Thapar, chairman of Avantha Group and Aspen Institute India said. The relationship must not to be colored with the jaundiced eyes of past failures, he warned.
S.Jaishankar, Indian ambassador in Beijing, said “Yet, ‘near’ history can sometimes obscure deeper bonds and shared heritage developed over centuries”.
Subramaniam Ramadorai, vice chairman of Tata Consultancy Services, said both countries faced a similar set of challenges of sustainability, health and education. Joint research may lead to innovative solutions for addressing them and making the two countries leading centers of technological innovation.
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