Indian-Chinese combination to build IoT eco-system

Indian and Chinese companies have been urged to collaborate in the IT and IT Enabled Services (ITES) sector as their combined strengths for building new solutions in the domain of automation, internet of things and artificial intelligence.

Making the call, Sudhanshu Pandey, Joint Secretary, Department of Commerce, has also encouraged Chinese companies to take advantage of the opportunities available as part of the ongoing Make in India initiative of the Government of India.

Pandey spoke at the 1st India – China Dalian IoT Conference held in Dalian on 20 September 2017.

With changing dynamics around the world, the need of the hour is for both India and China to collaborate to enhance their strengths and build new solutions in the domain of automation, internet of things and artificial intelligence.

By combining their strengths of manufacturing and software, the two countries will be able to build a robust ecosystem of Internet of Things (IoT) and smarter products that are in demand around the world.

India and China are both driving the global economies, especially through the fast-changing internet medium.

Talking about the event, the Mayor of Dalian Municipal Government, Xiao Shenfeng, said, “India leads the world in software with great foundation of IT and BPO services. As one of the most important organizations of India and the IT and software industry, NASSCOM has made great contribution to the development of the global IT industry.

“We believe that the conference co-organized by the two sides, serving as a platform for the upgrading of industries of Dalian, will drive the integration of advanced IT industry of India and the strong manufacturing industry of Dalian.

“We hope that the two sides will take good advantage of this conference to strengthen communication, increase understanding, promote cooperation between Indian IT enterprises and Dalian manufacturing enterprises to achieve prosperous results in the areas of IoT, smart equipment manufacturing, and Big Data Analysis,” he said.

“India and China have both leveraged our human capital to become the world leaders in our domains, and are heralded as the fastest growing economies.

“With the new digital wave, today we have a unique opportunity to merge hardware and software together to create smart solutions for the world,” said Gagan Sabharwal, senior director for Global Trade Development at the National Association of Software and Services Companies (NASSCOM).

The event was attended by nearly 30 leading Chinese and Indian companies from sectors like Software Development, IT Services, Intelligent Equipment Manufacturing, Retail, Investment Banking, Engineering, Energy Saving and Environmental Protection Technologies, New Generation IT and Healthcare. fii-news.com