Intel Corp Foresees IT Potential In India

Hyderabad, Aug 30: | Updated: Aug 31 2002, 05:30am hrs
The worlds largest chip maker Intel Corporation is bullish on India. The company sees India will emerge as a superpower in the information technology in the years to come. Though the company is critical of poor infrastructure, higher tariffs, taxes on IT & ITESs and other infrastructure problems, the company sees a great potential in India in the years to come.

...In Pact With AP On IT Education

Our Corporate Bureau
Hyderabad, Aug 30: In its endeavour to achieve 100 per cent literacy in the State, the Andhra Pradesh (AP) government has signed a Memorandum of Understanding with Intel Corporation, here on Friday, to expand the latters Teach to Future programme in the state. The programme will train 10,000 teachers on how to effectively integrate computing technology into the classroom. Teachers will be selected for training from 1,100 schools spread across AP. Intel will provide teachers with necessary technology skills to help prepare students to compete in an increasingly digital world. Intel is committed to supporting the governments tech literacy drive.

Given the software technology, designing and manufacturing capabilities, availability of skilled professionals, emergence of knowledge-based economy, increasing technology adoption in government, educational and industrial systems, Intel sees India as a place to do business, Dr Craig R Barrett, CEO of Intel Corporation said here on Friday.

The emergence of e-governance practices, technology-based educational system, changes in rules and regulations, increasing telecom and bandwidth infrastructure are clearly showing the Indias e-Readiness capabilities, Dr Barrett said.

India stands third in e-Readiness ratings after Taiwan and Brazil. Despite the prevailing situation in the IT sector across the globle, Indias achievement of over 30 per cent growth rate in IT during the last fiscal is something great and has to be recognised well, Dr Barrett said.

There are three critical issues for a sustainable and speedy growth India has to keep in mind which include educating young people, creating better infrastructure and ensuring business velocity or e-business.