India’s tata hand in hand to Microsoft in China build software outsourcing base
India's famous software service provider Tata consulting Services Co., Ltd. (Tata Consultancy Services Ltd., hereinafter referred to as TCS) will Microsoft cooperation, established in Beijing a IT software outsourcing company.
The joint venture will settle in Beijing zhongguancun software park, in early 2006, is expected to begin operations. According to both sides signed a memorandum of understanding in terms of the joint venture company will be in TCS holds a majority stake. China also has three companies involved in the investment. Related investment details have not yet announced.
TCS's executives say, the joint venture company will be key for Chinese companies and major global market with software outsourcing services. It will be to all major software technology provides the technical support and services, and won't will your eggs in Microsoft.net environment. The company will also to the financial services industry, manufacturing, telecommunications industry and other major vertical market to provide professional services.
Some observers say, China will become the world's biggest software market. Microsoft Office 2007 in order to expand the existing in the Chinese market for years taken a series of moves. In 1992, Microsoft in China first sales office is put into operation; In 1998, it launched in Beijing a research laboratory; In 2003, the company and the Beijing government signed a memorandum of understanding, and local software provider to develop the electronic government affairs system.
And tata is India several tried to outsourcing base of China as one of the large software vendors. They seek to develop to China because the production cost of a India is improving, but because China itself is a lucrative market.