Exports of software and IT services from India to China
have accounted for only 0.05% of total exports in the year ending
31 March 2002, according to the Delhi-based National Association of
Software and Service Companies (Nasscom).
India's software and services companies aim to change that this
week at a one-day summit titled "India and China: Challenges and
Opportunities for the IT sector," to coincide with the official
visit to China by India's prime minister, Atal Bihari Vajpayee.
Nasscom expects Chinese government officials, business leaders
from China's user industries and senior executives of IT companies
in China to attend the summit, said Kiran Karnik, Nasscom's
president.
Despite issues involving existing laws, the Chinese IT services
market is lucrative, expected to reach $4.9bn (£2.9bn) this year,
according to Dataquest figures. IT services revenue is forecasted
to hit $8.9bn (£5.4bn) in 2006.
John Ribeiro writes for IDG News
Service