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I am in Microsoft India's i3 2007 event in Leela, Bangalore. Many eminent speakers are talking today about how India is innovating.
Mr.Ravi Venkatesan talked about "How a World Bank report that says India's GDP can become 5 times of what it is today. As a country we have learned to innovate around constraints. Look in the Mobile phone industry where we have the lowest ARPU but still some of the highest urban teledensity. Take say Tata ACE or other innovative products built on Shoe string budgets when compared with rest of the world. Take for instance a gentleman from Chennai is able to produce solar power heated water. The challenge is to accelerate these sparse and spread innovations. Only 16% of Manufacturing industry in India have forward planning for human resources, in China it is 92%. We have done a bad job of applying IT within the country. Investments in IT in India is only 3.5% GDP same as Bangladesh & Sri Lanka. Today we are talking about Innovation from India, Innovation for India, Innovation with India. India has over 8 Million SMEs and they are the primary employment drivers and only 2 Million of them use computers other than Mobile. In Tirupur we have a model for Software plus Service model for garment industry by paying Rs.5000/2500 per user. Our DPE team is going to work with Startups in enabling them with technology, opening doors, connecting to venture capitalists"
Ramgopal Subramaniam from Aztecsoft did the demo of their Tirupur Garment cluster for SME.
Prof.Sadagopan talked about "I will talk about Innovation East of Bangalore, West of Bangalore and lastly in Bangalore.
Most of the innovation can happen from most unusual place. So India innovating should be India innovating from anywhere in the country.
There is a social dilemma, because in India everyone wants to be developing software, but the bigger opportunity/large number of jobs are in maintenance of software/business. The message should somehow reach the youngsters and that Maintenance is cool. Even in Microsoft, people will like to first go to MS Research, then to MS Labs finally to Sales or Support. But most of the challenging work happens in Support.
Automotive and Retail are the next booming industry and both are IT intensive"
Srikanth Rao of Affordable Business Solutions says the "biggest gap of man power exists for SME players. They can't train people because if they train the trained resources will quit. If you can do a solution at less than 10% of the overall cost to company and produce 20 to 30% cost saving, you got it"
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