President of India moots US$200bn target for Indian IT industry

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Addressing the NASSCOM 2006, the president of India congratulated the Indian IT industry for achieving US$33.6 billion business for the 2006 from US$28 billion in 2005. It is notable that the NASSCOM is aiming to achieve US$60 billion by 2010.< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

The president was armed with a plan to achieve US$200 billion business by 2010. Currently, Indian IT services contribute 3.4 percent of the global market. Work out this for 15 percent, then youone could expect to achieve $200 billion, he said. Presenting an eight point agenda to achieve this objective, president Kalam said, aim with competitiveness – aim high and keep trying; address small and medium ICT industries and encourage consortium approach for IT solution; undertake a major drive in capacity building the graduates with the aim to provide value added IT services; ITeS and BPO in the secondary cities; encourage innovation and creativity among IT personnel thereby increasing ROI for customers; focus on Asia Pacific, ASEAN and African countries; focus on Indian domestic market; India is proposing a 'Pan Africa e-Network' for connecting 53 countries for tele-medicine, tele-education between India and Africa; proposed world knowledge platform will be a launch pad for many innovations and create new markets for partnering nations.

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