Business representatives of India and China signed three MoUs on Monday to expand cooperation, under which leading Indian firms Infosys and Wipro committed to undertake projects in the world's fastest growing economy. Wipro signed an agreement to set up a hydraulic cylinder manufacturing unit in the eastern Chinese city of Changzou. Under the agreement, Wipro will set up a plant that will manufacture high pressure precision hydraulic cylinders, and an R&D facility will be established to enable this centre. Software giant Infosys will set up an education centre at Jiaxing to develop software talent in huge numbers to meet its growing business demand. The Indian company will train up to 1000 engineering graduates under this agreement. The agreements were signed during a meeting of business leaders of the two countries on Monday on the sidelines of President Pratibha Patil's visit to Shanghai. Chinese electric power company SEPCO has undertaken to develop a 1050 MW coal-based thermal power project in Orissa. The company, which is already working on the thermal power project, has committed to expand its capacity by adding a 350 MW unit to it. Businessmen from both countries also sought identification of new areas of cooperation.