This news excited me no ends….. Sobha Renaissance Information Technology (SRIT) of India has entered into a joint venture (JV) with Yunnan Sunpa Image Tel Tech Co. Ltd (Sunpa) in China to form a new entity called Sunpa Sobha Software (China) Ltd. Headquartered in Kunming, Sunpa Sobha Software (China) Ltd. will have operating branches in Beijing, Shanghai, Guangzhou, and Shenzhen. This is the first JV between India and China in Healthcare ICT.
During Chinese Premier Wen Jiabao’s visit to India last year, his first stop was not the political capital New Delhi but the ICT hub Bangalore. Addressing a crowd of 4,000 ICT professionals, the Premier shared his vision with those present by promoting a new era in Sino-Indian cooperation. "You are No 1 in software. We are No 3 in hardware," he said. "If we put these together, we are the world's No 1 in both." It is no surprise to understand the impact if Asia's giant neighbors seek to combine each other's reciprocal strengths in ICT. The example of Sunpa Sobha Software (China) Ltd. Should go a long way to unfold this puzzle.
According to a recent Forrester report, "How India, China Redefine the Tech World Order", over the next five years markets in India and China will account for nearly 40% of all personal computers (PCs) and a significant share of all mobile telephones sold worldwide. Production sectors in both countries stand to gain enormously from this potential growth. Chinese businesses have been slower to establish bases in India. The most significant investment so far comes from Huawei & ZTE, both members of India China Economic & Cultural Council (ICEC), seeking to take advantage of India's software talent, has established a research-and-development (R&D) institute in Bangalore. While in India both the production and consumption of consumer electronics are still relatively low, the country's vast population and