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India launches its second IT corridor in China

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India today launched its second IT corridor in China to cash in on the burgeoning Chinese software market. The National Association of Software and Services Companies (NASSCOM) has established one more Digital Collaborative Opportunities Plaza (SIDCOP) platform in China. The NASSCOM said, it is an effort to provide market access to Indian IT firms in the huge Chinese market.

A NASSCOM official said in Beijing that agreements worth about six million US Dollars were signed between Indian service providers and Chinese customers at the launch of the corridor by China’s Guiyang Municipal government and the NASSCOM. In a statement, it said, the pilot projects launched on the SIDCOP platform would be executed over the next year.

Last December, the NASSCOM established its first SIDCOP platform in the Chinese port city of Dalian, which is India’s first IT hub in China.

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