A Sino-Indian joint venture was set up in Kunming, capital of
southwest China's Yunnan Province, this week to carry out research
and development of healthcare information technologies and provide
telemedicine services to worldwide hospitals.
Sunpa Sobha Software (China) Ltd., with a registered capital of
US$1 million, is based in Kunming and will have branches in cities
of Beijing, Shanghai, Guangzhou and Shenzhen. To start with, the
company has more than 200 employees.
The Chinese partner, Yunnan Sunpa Image Tele Tech Co. Ltd.,
holds 60 percent of the shares in the new company and the remaining
40 percent are held by India's Sobha Renaissance Information
Technology (SRIT), said Liu Yong, board chairman of Yunnan
Sunpa.
SRIT plans to invest US$20 million in the Chinese market in
coming few years, said Dr. Madhu Nambiar, the company's founder and
chief executive officer.
Joseph N J, SRIT's director for marketing and sales, said the
cooperation will prove benefit to both sides as the new medical
software products developed by the joint venture will be used by
Chinese hospitals, and Yunnan Sunpa's telemedicine equipment will
be introduced to India and other overseas markets.
The two sides predict the joint venture will have an output
value of US$100 million by 2010 and will become one of the world's
leading medical software providers in five years.
The new establishment will also provide a platform for
cooperation and exchanges between Chinese and Indian IT
professionals and entrepreneurs, said Liu.
Yunnan Sunpa has developed more than 50 patented telemedicine
product series and is among the world's largest telemedicine
equipment manufacturers, service providers and suppliers of
relevant digital medical equipment.
SRIT, based in Bangalore, is a global IT consulting and systems
integration company. It is ranked among India's 50 fastest growing
technology companies.
(Xinhua News Agency September 21, 2007)
