China as a manufacturing hub with decades of experience in technology market could be a valuable partner and key to India's plans to become USD five trillion economy, Tech Mahindra Managing Director and Chief Executive Officer C P Gurnani has said.
Gurnani along with India's Consul General in Shanghai, Anil Rai took part in a CXO round table event in Tuesday at Shanghai attended by about 60 CEOs and top officials various Chinese state-owned and private companies to discuss next generation IT technology in partnership with Tech Mahindra.
With more than 1,200 employees in China, Tech Mahindra is well entrenched in China focusing on digital, engineering and IT services in automotive, manufacturing, retail and healthcare industries, a press release by the company said.
Tech Mahindra, which has a AI lab in shanghai, plans to set up 5G lab soon. It has opened Makers Lab during Gurnani's visit this week in Shanghai that will integrate solutions based on AI , 5G , IoT and Blockchain.
Addressing the gathering, Gurnani said as a manufacturing hub, with decades of experience in the technology market, China is a valuable partner for India, and will be key in fuelling India's growth journey to become a five trillion-dollar economy, he said.
Together China and India can jointly create a new digital axis of the world centred in Asia, he said.
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Achieving the USD five trillion economic goal in the next five years is being projected prominently by Prime Minister Narendra Modi since he began his second term.
At Tech Mahindra, we are working closely with local talent in China to leverage new age technologies, especially 5G, Artificial Intelligence, Block chain and Internet of Things to create cutting edge, customer centric solutions, Gurnani said.
We look forward to a strong decade of IndiaChina ties, to create new revenue streams and fuel technology-led innovation to create a global sustainable future, he said.
China and India have complimentary capabilities where China brings in excellence in manufacturing, hi-Tech , mobility whereas India brings in embedded software and digital transformation capabilities, hesaid
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