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India: The “It” Destination for IT Giants

Published By : Admin | April 3, 2017 | 16:37 IST
World's top tech organizations looking to expand their base and be part of India’s growth story
World’s largest technology companies recognizing the great potential offered by Indian economy with its highly skilled workforce

The world’s largest technology companies are recognizing the great potential offered by Indian economy with its highly skilled workforce, a thriving business climate and a digital push, encompassing the length and breadth of this richly diverse nation under the visionary leadership of Prime Minister Narendra Modi. Here is a glimpse of the CEOs and heads of top tech organizations looking to expand their base and be part of India’s growth story.

Prime Minster Narendra Modi, a strong votary of direct communication with the public, has met with Facebook CEO Mark Zuckerberg twice. The latter has acknowledged India’s growing potential in the technology market with strong user base and skilled workforce.

Mr. Satya Nadella, CEO of Microsoft has expressed his keen interest in the potential participation of Microsoft in India’s technology boom. He is keen to expand Microsoft’s cloud technology in sync with the digital transformation of India under the Government’s Digital India campaign.

Looking to partake in the flagship programs of the Government of India, including Digital India, Skill India, Make in India, Startup India and the Smart Cities Project, CISCO Chairman John Chambers called on Prime Minister Narendra Modi.

Intel India, enthused by Prime Minister Narendra Modi’s Digital India campaign, has undertaken a number of innovative initiatives designed to advance digital literacy and accessibility in the non-urban India. Here is Intel President Renee James meeting the Prime Minister to discuss investments supporting “Internet of Things” innovations within the Indian Startup eco-system.

Rallying behind Prime Minister Narendra Modi’s Make in India and Startup India initiative, Oracle Corporation announced a state of the art campus in Bangalore along with nine incubation centers across the nation. The Global CEO of Oracle, Safra Catz, informed the Prime Minister of company’s plan to help more than half a million students in India develop computer science skills.

During a meeting with the Prime Minister Narendra Modi, Samsung Electronics Co Ltd Vice-Chairman Jay Y. Lee apprised him of the tech giant’s support to the Make in India and Digital India initiatives. Enhancing its production base in the country, Samsung Electronics announced opening up of two manufacturing units in Chennai and Noida as well as a design center in Noida and research labs in Bengaluru, Delhi and Noida.

Apple Inc.’s CEO, Mr. Tim Cook has been looking to tap into India’s rich human resource by venturing into the production space of Apple products in India itself. Apple Chief met Prime Minister Narendra Modi to explore the varied possibilities for the same and launched an updated version of Narendra Modi Mobile App.

IBM CEO Ginni Rometty expressed her fact-based optimism towards India’s GDP growth and brimming startup culture when she called on Prime Minister Narendra Modi. IBM employs a substantial chunk of its workforce from India and plans to expand its operations in the country, owing to the ever expanding scope of web infrastructure under the Digital India initiative.

Enthused by the constructive engagement with the Prime Minister, Google CEO Sundar Pichai committed to provide high speed free internet to 500 railway stations along with other tech opportunities for Indian users.

A slew of initiatives has been introduced by Prime Minister Modi to boost the nation’s investment climate as well as nurture the Startup ecosystem. As a result, India has become the brightest spot in the global economy driving growth, innovation and development, from the grassroots to the world stage.

“Time has come to show India's strength to the world. Let’s recognize our demographic dividend & present image of a Skilled India to the world.”

~Narendra Modi

 

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Theme of meeting : Inclusive Human Development for Viksit Bharat@2047

Prime Minister Shri Narendra Modi chaired the 11th Governing Council Meeting of NITI Aayog at Rashtrapati Bhavan Cultural Centre, New Delhi, earlier today. This year’s theme was Inclusive Human Development for Viksit Bharat@2047. It was attended by Chief Ministers, Lt. Governors and Administrators representing 28 States and 5 UTs. This was the first time when Chief Ministers of all 28 States participated in the Governing Council Meeting of NITI Aayog.

Prime Minister noted that at a time when many major economies are facing uncertainty and economic challenges, India’s growth story continues to inspire the world. He emphasized the need to further strengthen the nation’s resolve towards self-reliance and highlighted the importance of adopting and implementing global best practices, particularly in the renewable energy sector.

Underscoring the importance of cooperative federalism, Prime Minister stated that the Centre and the States must work together to achieve the goal of a Viksit Bharat. He stressed that the vision of Viksit Bharat should become the collective resolve of every State, district, block and village.

Highlighting the strength of India’s demographic profile, Prime Minister observed that the country’s youth constitute its greatest asset, with nearly 70 crore Indians below the age of 25 years. Calling this a demographic dividend, he urged States to focus on transforming it into a development dividend through education, skilling and capacity-building initiatives that prepare young people for future opportunities and challenges.

Referring to India’s recently concluded trade agreements with several countries, Prime Minister encouraged States to create opportunities for youth and MSMEs and to equip stakeholders to effectively leverage the benefits arising from these agreements. He also urged States to actively attract investments from partner countries.

Emphasizing women-led development, Prime Minister called upon States to work towards increasing the number of Lakhpati Didis from 3 crore to 6 crore and stressed the importance of ensuring a safe and secure environment for Nari Shakti.

Prime Minister urged States to focus on One District One Product (ODOP) initiatives and develop export-oriented strategies around it. He also identified defence manufacturing as an emerging sector where India is establishing a distinct identity and encouraged States to formulate policies to leverage the opportunities arising from its growth.

Prime Minister highlighted the need for coordinated efforts to address emerging social challenges such as drug abuse and cyber fraud through preventive measures, awareness campaigns and effective governance.

Prime Minister also drew attention to concerns arising from El Niño conditions and appealed to States to promote water conservation and encourage natural and organic farming practices. He noted that the purchase of 11 lakh tonnes of organic manure by farmers during the current Kharif season reflected growing confidence in sustainable agriculture.

Prime Minister emphasized the need to evaluate progress at the district level, particularly through aspirational district parameters. Prime Minister suggested that on similar lines, 100 districts should be identified in the field of agriculture to bring positive results. He urged the States to take lead in this pursuit so that a phenomenal change can be achieved through the aspirational approach.

Prime Minister emphasised the need for a monitoring framework and targeted 100-day and five-year goals towards achieving the vision of Viksit Bharat@2047.

Highlighting the importance of good governance, transparency, and infrastructure for attracting investment, he urged States to focus on branding, ease of doing business, and emerging opportunities in sectors such as data centres and artificial intelligence. He emphasized that AI should be viewed as an opportunity and called for greater efforts to equip people with the skills required for the future economy.

The Chief Ministers/Lt. Governors/Administrators congratulated Prime Minister Modi on completing 12 years in his office. They also expressed solidarity with the Centre to withstand the global geo-political crisis and to strengthen India’s resilience with respect to energy requirements, and sustain its growth trajectory.

Prime Minister noted that the discussions were constructive and reflected the aspirations, hopes, experiences, best practices, and challenges of the States. Prime Minister expressed his gratitude to all the CMs, LGs and Administrators for participating in the meeting and expressed confidence that Together, through cooperation, innovation, and a shared commitment to development, India can accelerate its journey towards a Viksit Bharat by 2047.