First joint projects in the fields of Artificial Intelligence (AI) and Big Data has bene launched by India and China.
While on Sunday, a platform based on big data-focused IT cooperation was launched in the southwestern city of Guiyang in China by both the countries, the northeastern Chinese city of Dalian was the place where the countries jointly launched an AI-focused IT corridor on Saturday.
Increasing cooperation between Indian software companies and Chinese firms in the field of high-tech manufacturing in big data and Internet of Things is the aim of the two projects that are supported by the Chinese government and National Association for Software and Services Companies (NASSCOM) of India.
Greater access to the Chinese market has been demanded by Indian companies and this initiative is hoped to open up more doors.
Indian envoy to China Gautam Bambawale said that the aim is to “help in bringing together the IT requirements of Chinese companies, particularly in Guiyang, with Indian companies which have solutions to offer.”
“In this way, we will be marrying together the requirements of Chinese companies with the capabilities of Indian IT service providers,” he said. “We visualise that these initiatives will give a big impetus to cooperation between India and China in the IT-enabled services sector.”
Both sides “now have a political environment in which India and China business and commercial ties can expand rapidly”, after the informal meeting between the Indian Prime Minister Narendra Modi and Chinese President Xi Jinping in Wuhan last month, Bambawale said.
“In China, Indian IT companies are present in 10 cities around the country, with a total work-force of around 25,000 employees. However, we believe that the potential for Indian companies to cooperate with China is huge and needs more work and effort,” he said. “Indian IT companies have proven capabilities and are uniquely suited to partner their Chinese counterparts in implementing your initiatives in Big Data, Artificial Intelligence and Internet Plus.”
A joint IT “matchmaking” initiative called the Sino Indian Digital Collaborative Opportunities Plaza (SIDCOP) platform has bene launched by India and China to help connect Indian and Chinese companies. This is an AI-powered platform that would be managed by Zeta-V Technology Solutions – an Indian start-up already based in China, along with CASICloud, a Guizhou based cloud computing firm.
Announcement of pilot projects worth 25 million Yuan was made for the joint ventures. The projects would be run in Guizhou’s capital, Guiyang, a city that the Chinese government is trying to develop into a focal point for big data industries in the country.
Sujit Chatterjee, Founder, Zeta-V, said the company was “confident of executing business worth over 100 million Yuan (around Rs 105 crore) in our first year of operations” of the new platform.
“This dedicated IT Corridor will be an exclusive place for interested NASSCOM members to begin operations and avail of preferential policy benefits and incentives provided by Guiyang City administration,” said Gagan Sabharwal, Senior Director, Global Trade Development, NASSCOM. “We believe the time is right to take our cooperation to the next level. There is so much potential in Indian IT and Chinese high-tech manufacturing, and it’s time we tap it.”
(Adapted from Xinhuanet.com & IndiaToday.in)