Industry Has Full Support From Govt, Makes Rapid Strides: Errabelli

Hyderabad, March.3 (Maxim News): The 20th Edition of IndiaSoft, an International ICT Exhibition and Conference, was inaugurated by Minister for Panchayati Raj & Rural Development Errabelli Dayakar Rao here at HICC today.

Speaking on the occasion, the Minister said the industry in the State has full support from the government and made strides in the past five years. The annual IT Exports from the State last year grew 17 to 18% as against national average growth of 8%.

The Capital City holds a unique distinction of hosting campuses of five IT majors such as Apple, Amazon, Google, Microsoft and Facebook. All these have located their campuses here. The impressive growth the State achieved in the ICT segment was evident from the overwhelming presence of ICT global giants like Amazon, Facebook, SalesForce, Google etc. Uber, Sales Force more such global corporations are enhancing their foothold in the State, he said, adding that the IT Industry in Hyderabad has consumed 14 million sft of commercial office space last year. The T Hub, India’s largest incubation centre will accommodate 1,000 start-ups and it will be the world’s second largest Incubation Centre, the Minister stated.

“India is sweeping digital technology revolution, be it in Artificial Intelligence, Blockchain, Machine Learning, Robotics, which is helping India maintain it’s Global ICT Leadership”, said Arun Goel, Joint Secretary in the Union Ministry of Commerce & Industry. He explained the strength of the digital backbone in India, which can help the exporters to move in value chain by switching over to newer concepts like block chains and disruptions using artificial intelligence, cloud computing and so on.

Explaining the scope, range and stature achieved by the INDIASOFT over the years, Nalin Kohli, Chairman, INDIASOFT/GLOBALSOFT said the event has helped in widening and deepening the ICT exports from tier 2 and 3 cities, thereby making ICT exports from the country more spread out. That has empowered mainly small, medium and start-ups to find sustainable international markets. The event also helped Indian exporters to reach out to nascent markets in Africa, Latin America, CIS, SAARC etc, besides enabling them to make strong foothold in the emerging markets.

Mandeep Singh Puri, Chairman, Electronics and Computer Software Export Promotion Council (ESC) also spoke. A statistical year book was unveiled on the occasion. The two-day flagship event is being organized by Electronics and Computer Software Export Promotion Council (ESC).

It comprises of two shows—IndiaSoft and GlobalSoft. While the former brings together Indian small, medium and start-ups in ICT Segment and the latter brings Indian SMEs and Foreign buyers on a single platform. The flagship event of the ESC, facilitates coming together of Indian IT Companies and global buyers, informed Mandeep Singh Puri, Chairman, ESC in his address. Some 400 delegates from 60 countries traveled to Hyderabad inspite of Carona Virus threats. Over 200 Indian exhibitors from small and mid-size segments are displaying their products at the two-day exhibition. (Maxim News)