India China Economic and Cultural Council hosted a High level delegation from China Electronics Corporation in January, 2012. The delegation was led by Mr. Liu Hongzhou, General Manager, Shenzhen SED Electronics Group. Co. Ltd. and comprised of senior officials from the company. SED Electronics Group Company Ltd, a large-scale state owned enterprise, is formed by CEC. SED has 18 wholly-owned and shareholding enterprises, including listed China’s Shenzhen Stock Exchange. SED Electronics Group Company Ltd. was rated as “one of the 500 top SOEs” by Administration of State-assets Bureau in 1995 and “a prominent technological renovator in Guangdong Province”in 1999. Moreover, it was awarded the title of “national technique center” by National Committee of Economy and Commerce in 2000.It tanked the 428th place of the 500 excellent enterprises of China in 2006.It is also awarded “one of the 100 excellent electronics companies in China” for 19 year running.

The purpose of their visit was to understand Indian business environment, economic situation and the future direction of China-India cooperation, with specific focus on the electronics industry. They also wanted to explore the business opportunities in Indian Electronics market.

During their visit, ICEC organized their meetings with Observer Research Foundation (ORF) & ICRIER to give them a clear understanding of Indian Economy and investment policies. ICEC also organized their meeting with the local distributors of electronics products in India to discuss the possibilities of working with SED Group.

ICEC is now mandated to look for Indian partners in this sector. Interested companies may contact ICEC.