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Home :: Pune News

Pune IT companies evince interest in China

 

Jun 22, 2008

Pune News: Pune-based software services companies are evincing keen interest in setting up centres in the North-eastern city of Dalian, which is fast emerging as a top Chinese hub for IT firms.

Some IT companies from Pune have shown interest in setting up units in Dalian, where there is no shortage of skilled manpower for the sector, Software Exporters' Association of Pune (SEAP) President Nitin Deshpande said.

However, he did not identify the companies which are looking to set up facilities in Dalian, saying things are still in preliminary stage.

Deshpande, was here to attend the China International Software and Information Service Fair 2008 (CISIS) that ended on June 20.

The fair, which is in its fifth year, is a state- sponsored annual event that attracted government officials from South Korea, Japan and Australian besides China.

Global companies like SAP, Ericsson, Neusoft, Fujitsu and Microsoft participated in the fair. China is a huge market and Indian firms can not afford to ignore it, he said.

According to figures provided at the fair, the market size of China's software industry was $ 83.3 billion in 2007, up from $ 8.5 billion in 2000.

China's software export was to the tune of $10.24 billion last year, a manifold-jump from $400 million in 2000.

 

by http://www.business-standard.com

 
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