MAIT focus on domestic IT market, robust manufacturing ecosystem

Posted: Sep 23, 2011 |Comments: 0 |

MAIT has appointed Dr. Alok Bharadwaj, Senior Vice-President at Canon India Pvt. Ltd. as its President and Mr. J V Ramamurthy, President and COO, HCL Infosystems Ltd as its Vice-President for the term 2011-12. The announcements were made at MAIT's 28th Annual Session held at New Delhi. 

Dr. Alok Bharadwaj said, "It's always an honour to be leading MAIT. While the current times are quite challenging as growth in IT industry is slowing down, all fundamental & long term demand drivers for the economy are building enormous opportunities for IT industry. As a larger picture, While India has dominant presence in software and IT services sector, it is yet to build globally competitive IT & electronics systems design and manufacturing capabilities. The objective of both the Industry and the Govt. is to commence major transformation for India in the next 5-10 years in a 3 dimensional IT thrust. Firstly, by integrating IT in most of the economic activities to bring rapid improvement in efficiencies. Current level of IT penetration in India is low and Indians must consume IT more than anywhere else & anything else. Secondly, by playing BIG role in making India, a globally attractive manufacturing base of electronic & IT products with higher level in value chain as demand rises exponentially. Thirdly, by putting environmental care firmly as an integral part of growth initiatives, as we meet the fast-increasing domestic demand. It is not merely an act of benevolence. It makes perfect business sense and must be the strategic direction for the industry".

Firstly, by integrating IT in most of the economic activities to bring rapid improvement in efficiencies. Current level of IT penetration in India is low and Indians must consume IT more than anywhere else & anything else. Secondly, by playing BIG role in making India, a globally attractive manufacturing base of electronic & IT products with higher level in value chain as demand rises exponentially. Thirdly, by putting environmental care firmly as an integral part of growth initiatives, as we meet the fast-increasing domestic demand. It is not merely an act of benevolence. It makes perfect business sense and must be the strategic direction for the industry

J V Ramamurthy said, "I am grateful to the industry for reposing faith in me. Indian economy is said to be entering another phase of exponential growth and development in the coming years and will see a sustainable high economic growth. IT & technology will serve as big enablers and legitimising India's status to emerge globally competitive in the hardware arena. A robust and encouraging ecosystem covering all aspects of the downstream industry will enable us to emerge as a strong IT nation."

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