IT Services in China…from India

Related entries: Corporate News, General, Investment, Services

The information technology (IT) services market is growing strongly, and is estimated to expand at 20.6 percent a year over the next five years, according to the China Center of Information Industry Development (CCID). The sector grew by 20.1 percent to RMB82.27 billion in 2005, while 19.9 million personal computers were sold, and 110 million people were internet users.

The market has attracted new investment from companies such as Tata Consultancy Services (TCS), which is setting up a new center in China.

See related news:

China’s IT service market to grow 20.6 pct annually over next 5 …
Forbes – USA
BEIJING (AFX) – China’s market for information technology services is expected to grow 20.6 pct annually for the next five years, state media said. …
http://www.alertnet.org/thenews/newsdesk/PEK66059.htm

TCS aiming big expansion in China
Economic Times – India
MUMBAI: Aiming to garner a better share of the world’s IT and ITeS market, Tata Consultancy Services (TCS) is planning to set new centres in China and Israel. …
http://economictimes.indiatimes.com/articleshow/1420299.cms

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