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2014-10-14

IAMAI to meet Chinese firms to support start-ups in digital space

The five-day trip with 23 delegates will witness meetings with leading Chinese firms including HDT Mobile, Google China, DoMob, Wandoujia and UCWeb amongst others

Internet and Mobile Association of India (IAMAI) is leading a team of 23 delegates to meet Chinese e-commerce and Internet firms like Alibaba, ctrip.com and Xiaomi, to develop sustainable business relations with companies and start-ups in the digital space, says a PTI report.

 

The five-day trip with 23 delegates will witness meetings with leading Chinese firms including HDT Mobile, Google China, DoMob, Wandoujia and UCWeb amongst others, IAMAI said in a statement.

 

The visit is aimed at developing sustainable business relations with focus on low cost solutions, scalability and an ecosystem to harness start-ups in digital space, it added.

 

The delegation, led by Google India head Rajan Anandan (Chairman of IAMAI), includes Hungama Digital Media's Neeraj Roy; Dhruv Shringi from Yatra.com, Joy Bandekar from Flipkart and Chakrapani Gollapali of Microsoft among others.

 

"The visit will play a pivotal role in setting the ball rolling towards exchange of technical knowhow and managing of large scale businesses. To give a fillip to Indian e-commerce sector, knowledge and operations insight is key to success of large scale operations," IAMAI President Subho Ray said.

 

The delegation will be getting insights to warehouse management from leading e-commerce companies in China.

 

A major round of trade talks on Internet and mobile industry will also focus on raising funds, he said.

 

According to IAMAI report I-Cube, there are 243 million Internet users as of June 2014 with the segment is growing at about 40 percent. The e-commerce market in India is pegged at Rs. 62,967 crore as of December 2013.

 

 

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