Set up campus in Punjab: Kairon to Infosys
“We are also banning the burning of wheat and paddy straw,” he added Giving details about the new projects that are being launched, he said that the government is constructing a 400 acre IT city in Mohali and an electronic system design cluster at Ropar.
Speaking on the occasion, S Gopalakrishnan, President designate, Confederation of Indian Industry (CII) and Executive Co-chairman, Infosys Limited, said that as the tier-1 cities in the country become crowded, they will “throw up opportunities’’ for the tier-2 cities to get the investments. Gopalakrishnan said that there is a `` huge opportunity for the entrepreneurs and start-ups’’ with the improvement in IT scenario in the country.
The Infosys co-chairman said that growth in the Indian IT industry will help provide jobs to a large number of youth. He said that the IT market size will increase to 300 billion US dollars by 2020 and increase from the current size of 100 billion US dollars. He said that an estimated 2.5 million jobs will be added due to the growth.
Gopalakrishnan said that the Indian IT scenario is witnessing a number of changes and adoption of cloud-computing is helping the companies cut on costs. He also added that the companies are innovating and that there is a rise in the number of patents that have been filed.
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