'IT exports to touch US$ 80 billion in three years'
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Mr Jainder Singh, Union Secretary, Information Technology and Communication. |
IT exports from India are poised to reach $80 billion within three years effectively doubling from $40 billion achieved in 2007-08. In the process it would create about two million more direct jobs, according to Mr Jainder Singh, Union Secretary, Information Technology and Communication. The sector also provides two million jobs to IT professionals directly and another 7-8 million people indirectly and contributes about 5 per cent of the country’s gross domestic product, and 33 per cent of exports. The sector contribution to GDP is set to go up significantly, he said. While the Indian IT brand is well established, it is faced with the challenge of increasing the employable pool of engineers to sustain the growth, Mr Singh said launching ‘Prepare Future’, a Faculty Updation Programme here. Mr Singh said of the 4 lakh who graduate out of engineering colleges in the country, about 25 per cent are actually employable.
Thrust on Training
Therefore, the accent is on increasing the employable pool. However, this time, instead of focus on the student and his training, the thrust is on training teachers. The importance of training can be gauged from the fact that about Rs 4,000 crore would be spent by IT companies on training their employees during the year, he said. The IT department has chosen the Centre for Development of Advanced Computing (C-Dac), Hyderabad as the nodal centre to design, develop and help train faculty of engineering colleges. |
| Bharti to build Europe India Gateway cable |
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Bharti Airtel has joined 15 global telecommunications majors including South Africa’s MTN, British Telecom, US-based AT&T and Verizon to construct a new high-bandwidth, sub-sea cable system linking the United Kingdom and India. The 15,000-kilometer (9,000-mile) cable system, which is called the Europe India Gateway (EIG), will connect 13 countries across three continents and is expected to carry commercial traffic by second quarter of 2010.
The EIG is estimated to cost about $700 million which will be shared between the 16 consortium members. The other members of this consortium include Cable & Wireless, Djibouti Telecom, Du, Gibtelecom, IAM, Libyan Telecom, Omantel, PT Comunicações-S.A, Saudi Telecom Company, Telecom Egypt and Telkom SA Ltd. The EIG consortium has signed construction and supply agreements with Alcatel-Lucent and Tyco Telecommunications.
In India, the cable landing station will be located in Mumbai and will be operated by Bharti. Beyond the Airtel cable landing station, additional cable landings will be built in United Kingdom, Portugal, Gibraltar, Morocco, Monaco, France, Libya, Egypt, Saudi Arabia, Djibouti, Oman and United Arab Emirates. The EIG cable system will also provide seamless interconnection with other major cable systems connecting Europe, Africa, Asia and North America, the consortium said in a statementFor Bharti, the new consortium is yet another step towards improving redundancy with resilient networks, especially in the wake of the recent crisis when undersea links were damaged off the coast of Egypt, disrupting internet connections in many countries including India. Bharti was forced to reroute its traffic through its i2i cable when the SEA-ME-WE damaged earlier this year. With multiple undersea cables in place, Bharti Airtel can hedge itself by redirecting traffic via other undersea links.
This is the fourth major initiative by Bharti Airtel in the recent past aimed at becoming a major player in the international bandwidth business. In February 08, company had joined hands with five international companies including internet giant Google to construct the 'Unity' sub-sea cable system linking the US
and Japan. Just prior to that, Bharti Airtel along with eight other telcos including VSNL, had signed a formal construction and maintenance agreement to build a fibre-optic submarine cable that stretches from India to France via the Middle East.
Last year, Bharti joined the Telecom Malaysia (TM) led 17-member consortium of telecommunication companies to set up an Asia-America gateway (AAG) - the first submarine-cable system linking South-East Asia directly to the US. Bharti Airtel president for Enterprise Services David Nishball told ET the company now had achieved the fundamental diversity across all major routes to protect itself from unforeseen disasters.
Mr Nishball also added that the new consortiums that Bharti had joined recently would enable the company to meet all its international bandwidth requirements till 2011. He however did not rule out the possibility of Bharti entering into more consortiums: “We can get into a few additional routes - we may probable look at the Pacific route. We may need alternate options here,” he added.
Source: The Economic Times |
Gujarat to start e-diagnosis in all villages |
On the back of successful launch of its "e-gram" initiative, under which villages have been offered broadband connectivity, the Gujarat government's health department has announced an e-medicine scheme for rural areas.
The programme entails offering online and telemedicine facilities to villagers. "We are waiting for the panchayat department to cover all 18,000 villages in the state under the e-gram initiative. Once this is done, we are planning to use the broadband connectivity to initiate an e-medicine programme wherein we will set up e-cardio testing and e-diagnosis facilities. All villages will have these facilities over a period of two years," said state Health Minister Jay Narayan Vyas.
The department will install web cameras and other infrastructure for distant diagnosis. "Through video conferencing, doctors at a distant hospital will be able to diagnose the villagers for basic ailments and prescribe medicines online. The printout of the prescription will be available at the community service centres set up by the department," said Vyas. Of the total Plan outlay in the state budget for 2008-09, 4 per cent is for the health sector. This was an increase of 46 per cent over last year, said Vyas.
The government will also train local panchayat officials in running online health centres. The state is also encouraging medical practitioners to set up clinics in certain identified blocks in rural areas. "The government will provide a grant of Rs 74 lakh for medical practitioners who are willing to open clinics in certain identified blocks in rural areas," he added. In April this year, French major Dassault Systemes tied up with Argentum Engineering Design's (AED) Centre for Excellence to train automobile engineers who would design, test, validate and manufacture new vehicle models for domestic and international OEMs.
According to a Nasscom report, the automobile and aerospace design industry is currently estimated at $ 144 billion, in which India's current share is valued between $3 billion and $5 billion annually. This amount is estimated to increase to around $16 billion over the next two to three years. Global spending on engineering services is expected to touch $1.1 trillion by 2020. Outsourcing to India will touch over $ 50 billion by then.
Source: Business Standard |
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Centre allocates US$ 9.35 billion for e-governance scheme
The Centre has allocated Rs 40,000 crore for implementation of e-governance across the country, IT and communication Minister A Raja said. "As per the 11th Five Year Plan, the Centre has allocated a sum of Rs 40,000 crore for implementation of e-governance across the country," he said.
Under the scheme, to be launched in all the village panchayats shortly, one lakh common service centres (CSC) would be set up for the benefit of the common man, he said. The CSCs would help the public get various government certificates such as ration cards and community certificates. Already two such CSCs had been launched by Tamil Nadu chief minister M Karunanidhi in Ariyalur and Perambalur districts.
The project would enable people to record revenue registry, get ration card, community certificates and other essential documents through the CSCs, Raja said, adding the taluk headquarters, panchayat union headquarters and the state headquarters would be computerised through this scheme.
Source:
The Financial Express |
IT sector attracts US$ 87 million VC investments in Q1 2008
IT and IT enabled services sector has emerged as the preferred space for Venture Capital investments in the country in the first three months this year, attracting over two-third of the total deals worth $144 million, a latest report says. "With 14 deals worth about $87 million, the Information Technology and IT-Enabled Services (IT & ITES) industry retained its status as the overwhelming favourite among VC investors during Q1 '08," according to a latest report by research firm Venture Intelligence Service.
During the quarter, Venture Capital firms have invested $144 million through 21 deals, a sharp decline compared to the corresponding period previous year which had recorded 28 deals worth $173 million. The maximum VC investment was attracted by online travel portal Cleartrip.com of about $18.5 million from DAG Ventures.Further, Deeya Energy attracted ($15 million) investment from New Enterprise Association, Soham Renewable Energy ($15 million) from D E Shaw and Ikya Human Capital ($8 million) from India equity Partners. However, there has been a significant growth in terms of the deal size of the investments.
"Online Services companies dominated the quarter accounting for a 75 per cent share of the invested capital," Venture Intelligence CEO Arun Natarajan said. "About 10 out of 21 deals during the quarter came within the range of $5-10 million," Natarajan said. The same stood at six out of 28 deals within the range of $2-5 million.
Source: The Economic Times |
In a first for India, Gujarat to connect all villages via satellite
Gujarat will be the first state in India to provide high-speed connectivity through satellite-based data connections to all its 13,693 gram panchayats, as village administrative councils are commonly called, by July this year, enabling video, voice and data offerings in the areas of e-governance, distance education, telemedicine, agriculture and interactive advisory and counselling services. Each panchayat will have its own email address and more than 13,000 of them will be hosted on the state-owned data centre. The project will be connected through so-called very small aperture terminals or VSATs, which bounce data signals from one location to another via satellites, routing these signals through small dish antennas. Source: www.livemint.com
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