Sunpa Group, a billion-dollar Chinese telemedicine conglomerate from Yunnan Province, on Monday announced its plan to open a technology centre in Bengaluru as part of its investment of around $300 million.
In an interaction with Deccan Herald, Sunpa Group Vice President Liu Le said the investment will happen along with the industrial park they are planning in Bengaluru.
“The technology centre, which will be within the city, will hire 700 people in the first year of investment in 2016. We will triple the headcount within two years,” he said.
The tech centre will focus on research and development (R&D) in healthcare, equipment development, software development for telemedicine, etc.
“We are very much impressed by the technology prowess of Bengaluru by way of large cluster of research and development centres of all top Fortune 500 companies. Besides known for its rich human resources, the city is also known for its weather,” Le said.
Sunpa Group is the anchor investor for the Chinese Industrial Park which will come up at Vasanth Narasapur area with the support of China Development Bank and other private investors. The government of Karnataka has decided to allot 100 acres of KIADB land in the area for the project, which will have an investment of $1 billion.
Sunpa Group includes Shanghai Sunpa Image Tel Tech Company, Yunnan Sunpa Image Tel Tech Company, and Sunpa Image Digital Communication Company. The company connects 600 million people for its telemedicine service and operates all backend activities for the project.
According to an official with Sunpa Business Solutions, its current Indian entity, the company can be part of the Digital India campaign and help in healthcare segments with its rich experience in telemedicine.
Liu also mentioned about the potential for investments from Yunnan to Karnataka in sectors like fertiliser, agriculture, floriculture, and food processing.
The Federation of Karnataka Chambers of Commerce and Industry (FKCCI) is liaising with the state government to bring more investments into the state and city from China.
Chinese investment in India really got a boost with the recent visit of Prime Minister Narendra Modi to Beijing. During the maiden visit, besides signing 24 agreements, the two countries agreed to foster sister-province status between Karnataka and Sichuan.
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