Thursday, August 16, 2007

Exclusive interview of Nandan Nilekani: Give the Rural Poor Technology

By Dr Suvrokamal Dutta



In an exclusive Interview to The India Street, Nandan Nilekani, Co-Chairman, Infosys has said that technology has helped level the playing field for India in the global arena. “In a way, technology has transformed India by providing a new vision to the country and liberating its populace,” pointed out Nilekani.


Nilekani believes that rural India’s need for knowledge empowerment can be addressed using technology. “The telecom revolution has really ensured that people in every part of India are able to connect with each other and with the external world,” he said.


I completely agree with Nilekani comments because India has leapfrogged to the next stage where mobile phones and the Internet are revolutionizing the Indian consumer and corporations. In addition, what technology has done for the Indian corporation is remarkable.


Competing in the industry is no longer limited to a privileged few. Technology has brought forward a whole new set of entrepreneurs who are ensuring that India gets her right place in the world. From an employment perspective, it has raised the standard of living of the average middle class Indian. The IT & ITES industry has enabled the middle class Indian to go after bigger dreams,” pointed out Nilekani.


When The India Street asked Nilekani about whether at present companies could access and develop technology more easily than before, he said that the liberalization process has made technology ubiquitous. In terms of statistic, the Indian IT/ ITES sector is expected to exceed $ 47.8 billion in annual revenue in this financial year, an increase of nearly 28 percent in the current fiscal.


With the growth in Indian economy and favorable policies, leading MNCs are looking to India as an attractive market for their products and technologies, and are targeting the Indian consumer,“ Nilekani said. He also added that the Internet has opened the world to India and brought in greater awareness and the accompanying benefits of globalization. According to Nilekani, at this moment of time India has over 70 million Internet users, of which nearly 2 million have broadband connections.


The telecom boom we are experiencing in India today is opening up new opportunities for Indians. About 5 million new telephone connections are added in every month,” Nilekani said.


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