|
A
first of its kind, an Indo-Sino
software research, training, and
education facility to replicate the
success of Bangalore in China has been
launched near Chengdu, provincial
capital of Sichuan. China has a very
strong hardware base but is considered
backward in software development.
China’s
desire to replicate the Indian model
comes from the rise of Indian software
houses. With a market capitalization
of USD 4 billion in 1999, Indian
software companies are valued at USD
80 billion with an annual export of
USD 15 billion. The Chengdu is aimed
at replicating the Bangalore model in
China. |
