1. Tech MNCs eye govt initiatives to expand presence

Tech MNCs eye govt initiatives to expand presence

Cisco has given a commitment to the government to set up its manufacturing plant in India and is also actively engaged in creation of digital cities in the country

By: | Mumbai | Updated: February 11, 2016 1:19 AM

Multinational technology companies like Oracle and Cisco are lining up investments to capture opportunities under the Digital India and Make in India initiatives.

Delivering a keynote speech at the start of three-day Nasscom India Leadership Forum of Nasscom here, Safra Catz, global CEO, Oracle said, “Digital India and Make in India are truly inclusive. We will release further resources to grow much larger in India.”

Oracle, which has around 40,000 employees in India has plans to expand this number to tap into the intellectual talent in the country. “India is a phenomenal market with deep technical knowledge. We are making software for the world from here.”

Digital India is a key theme of the Narendra Modi led government which envisages the use of technology to deliver various kinds of citizen services. Similarly, the Make in India programme has plans to beef up indigenous manufacturing from the country.

On similar lines, networking technology company Cisco seeks to be an active participant in these themes. “We are aligned with the government objectives of Digital India and it can be the biggest digital lab for the world,” said Pankaj Patel, chief development officer, Cisco.

Cisco has already given a commitment to the government to set up its manufacturing plant in India and is also actively engaged in creation of digital cities in the country.

According to Patel, the opportunities from the digital theme in India will be driven by building the various applications on the technology platform. Given that India has the second largest developer population in the world, this is likely to be a big market opportunity.

Cisco also operates its second largest engineering centre in India and the country accounted for 9% of the patents it filed globally.

The centre in India has already developed certain products which have been implemented worldwide. Similar to the companies plans to embark on the digital highway, governments are also not behind in these initiatives.

Addressing the gathering, Maharashtra chief minister Devendra Fadnavis said, “Government also is a big enterprise and the key to governance is to make it smart.” The Maharashtra government has already brought around 150 citizen services on an electronic platform and plans are to expand this to 250 by August.

The Maharashtra government has also extended the concept of smart city to a smart village. It has partnered with Microsoft to develop a certain village through the use of technology.

The three-day India Leadership Forum 2016, the flagship event of Nasscom has the theme The Smart Enterprise – transformative to disruptive. Nasscom chairman B V R Mohan Reddy said smart enterprises will be the future of the economy and this going to be defined by increased use of algorithms.

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