Newer geographies set to double contribution to India by 2020
Quotes

Newer geographies set to double contribution to India by 2020

Last Updated: Tuesday, June 18, 2013, 23:19
 
 Comment 0
 
Newer geographies set to double contribution to India by 2020
Chennai: Software services industry body NASSCOM on Tuesday said "newer geographies" are set to double their contribution to India to 20 percent by 2020.

"..Our services model will get change; we cannibalise the work we do ourselves. Things we did five years back, we do not do today and what new things we do(today) will change in future. The drivers (to generate business) are from newer geographies", NASSCOM President Som Mittal told reporters here.

Currently, the business generated from the US and Europe was almost 90 percent, while 10 percent came from the rest of the world.

"But, today the growth is happening in rest of the world. Asia Pacific, China, Africa and Latin America have seen growth. So, these are obviously the countries we are focusing on. I won't be surprised, if their business contribution increases to 20 percent by 2020...", he said.

Asked about the total volume of business India was likely to generate by 2020, he said, "what we expect by 2020 is about USD 225 billion from purely domestic and export services".

Commenting on the Digital Literacy Mission undertaken by NASSCOM, he said, they have trained about 1,400 people.

"We started digital literacy mission with help of partners like Intel. We have trained 1,400 people (so far) and one in every household is now digitally aware of how to leverage the connectivity. So, we are now partnering with the government saying there should be one digitally literate person in every family," he said.

PTI



First Published: Tuesday, June 18, 2013, 23:19


Comments


comments powered by Disqus
G20 Summit 2014
G20 Summit 2014
2014`s Top People in Business: Fortune
2014`s Top People in Business: Fortune
World Bank`s Top 10 Places for Business
World Bank`s Top 10 Places for Business
India`s top ten billionaires
India`s top ten billionaires
Top 10 billionaire cities- In Pics
Top 10 billionaire cities- In Pics

Web Wrap
Contact Us : Privacy Policy : Legal Disclaimer
Copyright © Zee Media Corporation Ltd. All rights reserved