IN PERSON
Dr Avinash Vashistha Chairman & MD, Accenture
“Technology opportunities for
transforming public-service
delivery in India”
T
he slowdown in the US and UK markets has given local players an opportunity to explore the Indian market potential. How is India leading as an IT destination and what are the key reasons for its success?
The English speaking/writing ability of Indian engineers may have been a subtle but crucial element that turned the tide in India’s favour. Accenture too is in India because of the unparalleled talent it offers and has over 70,000 people across its businesses in India which serves both global and domestic clients. India is experiencing strong growth across most industry sectors, and businesses here are becoming more sophisticated in buying the kinds of services and are also more amenable to investing in technology. When you combine these factors, there are many opportunities in India.
Tell us more on how ICTs can help in strengthening the overall economy and growth in India
The talent available in India is exceptional and according to me this is one of the key reasons that has propelled India to become a leading IT destination. Accenture has been successful in India largely because of the unparallel talent it offers. The company started Indian operations in 1987, and set-up its first delivery center for technology in Mumbai in 2001. Today, it has 25 centers across 7-cities. In conversation with Rachita Jha, Accenture India Chairman & Managing Director Avinash Vashistha lays out the growth landscape and future vision for technology and its new avatars of application in India.
Technology is catalyzing a massive social and economic transformation in India. It is connecting people and communities, enabling innovation and productivity increases, and improving standards of living and opportunities across the country. New connection points arise daily as government funding and low-cost innovations – such as a US$35 touch-screen tablet developed in India – make purchasing computing hardware more feasible. Technology also offers opportunities for transforming public-service delivery. Our analysis illustrates that, by investing in skills and widespread technology adoption to harness the technology trend, India can boost its GDP by `4 trillion (US$90 billion) by 2020, 2.8 percent above the current trajectory. This can help create 10.8 million new jobs by 2020. Organizations need to seriously think about how they can harness the power of technology to become more efficient and grow at the same time. January 2012 / www.egovonline.net / egov
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