ICTC revisits East Centre to build new cooperation for China-India business matchmaking

In the afternoon of September 27th, a delegation led by India Kamdhenu Company, India's partner of India branch of Eastern National Technology Transfer Center (hereinafter referred to as "ETC"), India-China Trade Center (ICTC), visited ETC, hoping to discuss and cooperate with Indian companies entering the Chinese market. Mr. Zou Shujun, Executive Vice President of East Center, and Ms. Ye Lei, Director of International Channel Department, gave a warm reception to the delegation. Mr. Ruoshi Wu, Project Manager of Rongzhi Consulting, and Mr. Yuanxin Tong, Project Manager of Shanghai Rongzhi Intellectual Property Agency, attended the meeting together as representatives of service providers.

At the meeting, Mr. Zou Shujun, Executive Vice President of Eastern Center, welcomed the delegation of ICTC and Kamdhenu, and pointed out that Eastern Center, as a fourth-party platform for technology transfer, has been actively promoting the connection between international enterprises and technology resources. V.K. Mishra, Executive Vice Chairman of ICTC, said that India has a very wide range of markets, and he hoped that the visit would enhance the exchange between the two sides and promote the flow of products from small and medium-sized enterprises.

Mr. Saurabh Agarwal, Director of Kamdhenu India, as the representative of the company, introduced the company's history, business model, key products, size of the company and sales tax to the guests. kamdhenu is India's leading steel components and paints manufacturing, distribution, marketing and branding company, with more than 75 franchises in India. operating organization and more than 11,500 distributors. Through this unique business model, the company's revenue reached $1.2 billion in 2018 and is expected to reach $1.7 billion in 2019. Similar to China's Alibaba in the building materials industry, the company has a vast network of channels within India, which helps Chinese companies enter the Indian market faster.

Saurabh Agarwal said that they pay more attention to the quality and performance of products and technology, and there is no limit to the size of the partner companies. The Chinese service agency will try to find suitable enterprises to cooperate with Kamdhenu, and Kamdhenu agreed, and said that they will integrate the specific needs in air quality, sewage treatment, solid waste treatment and other industries and send them to the service agency. Discuss further collaborative planning.

The Eastern Center India was established in August 2018 and ICTC, as a partner of the Indian branch, had visited the Eastern Center in early March this year. This time, ICTC accompanied the Indian companies interested in entering the Chinese market to visit the Eastern Center again, which is the first business cooperation attempt between China and India in the field of science and technology. As a fourth-party platform for technology transfer, the East Centre brings together a large number of service providers with expertise in technology transfer services in various key development areas. At the same time, the Eastern Center also hopes to provide more business partners for the service institutions on the platform through its extensive international resources, provide resource matching services for domestic and foreign institutions with technology transfer capabilities, and effectively facilitate more international technology transfer projects. This exchange meeting created a good start for the directional communication and cooperation between Chinese and Indian enterprises and service institutions, and we hope that the two sides will have more exchanges and in-depth cooperation in the future to jointly promote the development of Sino-Indian science and technology innovation.

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