India launches 2nd IT corridor in China to gain access to big Chinese market

Agencies
May 28, 2018

Beijing, May 28: India on Saturday launched its second IT corridor in China to cash in on the burgeoning Chinese software market which remained elusive despite the presence of top Indian technology firms.

The National Association of Software and Services Companies (NASSCOM) has established one more Digital Collaborative Opportunities Plaza (SIDCOP) platform in China in an effort to provide market access to Indian IT firms in the huge Chinese market, the NASSCOM said.

Agreements worth RMB 36 million (about USD six million) were signed between Indian service providers and Chinese customers at the launch of the corridor by China's Guiyang Municipal government and the NASSCOM, a NASSCOM official said.

The pilot projects launched on the SIDCOP platform would be executed over the next year, a NASSCOM statement said.

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.

India's top IT firms have a big presence in China, specially multi-nationals and IT Corridor at Dalian which are expected to provide a gateway for the Indian IT-small and medium-sized enterprises. The Dalian IT corridor was formally launched few days ago.

While Dalian corridor's focus was on IOT (Internet of Things), the Guiyang corridor will focus on Big Data, Gagan Sabharwal, Senior Director, Global Trade Development NASSCOM said. The platform in Guiyang intends to create online and offline presence to promote a "co-create culture" between two large neighbours in the Big Data space, he said.

Speaking at the launch of the Guiyang IT corridor, India's Ambassador to China Gautam Bambawale said the corridor which visualises collaboration between member companies of the NASSCOM and the Guiyang city authorities is aimed at setting up local offices and assisting companies from Guiyang to establish software and IT units in India.

An Indian company named 'Zeta-V' will establish an Artificial Intelligence enabled platform for SIDCOP to bring together the IT requirements of Chinese companies, particularly in Guiyang, and Indian companies which have solutions to offer, Bambawale said.

"In this way, we will be marrying together the requirements of Chinese companies with the capabilities of Indian IT service providers. We visualise that these initiatives will give a big impetus to cooperation between India and China in the IT-enabled services sector," he said.

Referring to last month's informal summit between Prime Minister Narendra Modi and Chinese President Xi Jinping, the envoy said, "India-China relations are progressing well, particularly after the Informal Summit".

"The two leaders decided to meet at an informal summit so that they could have candid, free and open discussions with each other aimed at enhancing strategic communication between them," he said.

The two leaders spoke with each other for almost 10 hours at Wuhan and discussed their goals and objectives for their countries, how they viewed the fast-changing international situation and in this context how they would like to see India-China bilateral ties developing over the coming months.

"As a result of these unprecedented discussions between the leaders of India and China, they were able to reach consensus on over-arching and strategic issues. It is now left for the rest of us to take their vision forward," he said.

"As a result of the successful talks between President Xi and Prime Minister Modi at Wuhan, we now have a political environment in which India-China business and commercial ties can expand rapidly," he said

For India, getting access to China's IT market, valued at over USD 493 billion in 2013 by the Ministry of Industry and Information Technology of China, is important to address the massive trade deficit which has now spiralled to over USD 51 billion. The Chinese IT market grew exponentially since then.

India has been demanding China to provide market access to Indian IT and pharmaceutical firms for several years to reduce bilateral trade deficit.

The two corridors, which were started in collaboration with China's provincial governments, are expected to provide the much-needed big opening for Indian IT firms, Sabharwal said.

Considering the potential, Bambawale made a strong case for Indian IT presence in China. "As you all know, India is a world leader in the area of Information Technology and IT enabled services with annual revenue of over USD 164 billion and exports of over USD 120 billion," he said in his address.

"Our IT companies have a presence in more than 70 countries in the world, generating employment for up to 12 million people worldwide. In China, Indian IT companies are present in 10 cities around the country, with a total work-force of around 25,000 employees. However, we believe that the potential for Indian companies to cooperate with China is huge and needs more work and efforts," he said.

Sabharwal said in addition to the Dalian and Guiyang, the NASSCOM is in touch with four other provinces including Wuhan to work out new IT corridors based on local needs. He said negotiations were on with some of the Chinese firms to sign up with big Indian IT firms.

"If that works out it could provide a big opening," he said.

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Agencies
May 30,2020

New Delhi, May 30: The Congress on Friday described the first year of the Modi government as a "year of disappointment, disastrous management and diabolical pain".

Congress leader K C Venugopal said the six years of the Modi dispensation have seen fraying of bonds of empathy, fraternity and brotherhood with increase in acts of communal and sectarian violence.

Congress chief spokesperson Randeep Surjewala said that at the end of six years, it appears the Modi government is at war with its people and is inflicting wounds on them, instead of healing them.

"It is inflicting wounds on Mother India," he said.

"This government is trying to fill coffers of the select rich and is inflicting pain on the poor," Surjewala said.

On the BJP's charge of the Congress playing politics over the COVID-19 crisis, Venugopal said the opposition party did not indulge in any politics and gave suggestions instead.

"Being a responsible opposition, it is our duty to raise the problems faced by the common people. As opposition, we highlighted the failures of the government," he said.

Venugopal said the government "is totally insensitive" to the plight of migrant labourers and farmers.

Surjewala also demanded that a virtual session of Parliament be convened immediately to discuss pressing issues and the due process be set in motion for holding of meetings of various parliamentary committees.

Modi and his cabinet had taken oath on this day last year for a second term in office.

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News Network
June 10,2020

Patna, Jun 10: A man in Bihar has willed half his property to two elephants after one of them foiled an attempt on his life by a pistol-totting criminal.

Akhtar Imam, chief manager of the Asian Elephant Rehabilitation and Wildlife Animal Trust (AERAWAT), said he has been looking after elephants since the age of 12.

"Once, there was an attempt of murder made against me. At that time the elephants saved me. When some miscreants armed with pistols tried to enter my room my elephant started trumpeting. It woke me up and I was able to shout and raise an alarm due to which the miscreants ran away," Imam said.

Imam says the two elephants, named Moti and Rani are like family for him and he cannot live without them.

However, the man claims that he fears threats to his life from his family members after he transferred his land to his two elephants. Imam's wife and sons have been living away from him for the last 10 years due to some dispute in the family.

He recounted that his son had allegedly filed a wrong case against him and also got him locked up. He eventually was let away after the charges levelled against him were proven wrong.

Imam said that his son Meraj had tried to sell the elephant to smugglers but was fortunately caught.

Imam says he has willed half of his property to his wife and his share of property worth Rs 5 crore to elephants said that if the jumbos die then the money would go to AERAWAT organisation.

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Agencies
July 6,2020

New Delhi, Jul 6: The Indian Academy of Sciences, a Bengaluru-based body of scientists, has said the Indian Council for Medical Research's (ICMR) target to launch a coronavirus vaccine by August 15 is "unfeasible" and "unrealistic".

The IASc said while there is an unquestioned urgent need, vaccine development for use in humans requires scientifically executed clinical trials in a phased manner.

While administrative approvals can be expedited, the "scientific processes of experimentation and data collection have a natural time span that cannot be hastened without compromising standards of scientific rigour", the IASc said in a statement.

In its statement, the IASc referred to the ICMR's letter which states that "it is envisaged to launch the vaccine for public health use latest by 15th August 2020 after completion of all clinical trials".

The ICMR and Bharat Biotech India Limited, a private pharmaceutical company, are jointly developing the vaccine against the novel coronavirus -- SARS-CoV-2.

The IASc welcomes the exciting development of a candidate vaccine and wishes that the vaccine is quickly made available for public use, the statement said.

"However, as a body of scientists including many who are engaged in vaccine development IASc strongly believes that the announced timeline is unfeasible. This timeline has raised unrealistic hope and expectations in the minds of our citizens," it said.

Aiming to launch an indigenous COVID-19 vaccine by August 15, the ICMR had written to select medical institutions and hospitals to fast-track clinical trial approvals for the vaccine candidate, COVAXIN.

Experts have also cautioned against rushing the process for developing a COVID-19 vaccine and stressed that it is not in accordance with the globally accepted norms to fast-track vaccine development for diseases of pandemic potential.

The IASc said trials for a vaccine involve evaluation of safety (Phase 1 trial), efficacy and side effects at different dose levels (Phase 2 trial), and confirmation of safety and efficacy in thousands of healthy people (Phase 3 trial) before its release for public use.

Clinical trials for a candidate vaccine require participation of healthy human volunteers. Therefore, many ethical and regulatory approvals need to be obtained prior to the initiation of the trials, it added.

The IASc said the immune responses usually take several weeks to develop and relevant data should not be collected earlier.

"Moreover, data collected in one phase must be adequately analysed before the next phase can be initiated. If the data of any phase are unacceptable then the clinical trial is required to be immediately aborted," it said.

For example, if the data collected from Phase 1 of the clinical trial show that the vaccine is not adequately safe, then Phase 2 cannot be initiated and the candidate vaccine must be discarded.

For these reasons, the Indian Academy of Sciences believes that the announced timeline is "unreasonable and without precedent", the statement said.

"The Academy strongly believes that any hasty solution that may compromise rigorous scientific processes and standards will likely have long-term adverse impacts of unforeseen magnitude on citizens of India," it said.

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