ICT landscape globally is undergoing a change and Indian IT scenario would have to adapt to the changing needs of the overseas clients.
Bilateral ICT cooperation in the global IT market is on multifold growth
ICT landscape globally is undergoing a change and Indian IT scenario would have to adapt to the changing needs of the overseas clients. Application of IT in other business sectors is increasing phenomenally - be it related to governance, education, day-to-day handling of small businesses, e-commerce, or providing services to households. Larger business units are considering IT as a different business activity and outsourcing such works rather than doing it in-house. A large number of developing countries and least developed countries are also embarking on IT application, which would push up substantially the IT businesses.
Vachani said that INDIASOFT is designed to project India's IT capabilities in the tier 2 and 3 cities that are keen to work with their counterparts in new and emerging markets. It will also highlight that Indian software industry possesses unmatchable quality software and services to offer. ESC is hosting a large delegation from Middle East at INDIASOFT 2019.
Electronics and Computer Software/ Services, which includes IT-enabled services (ITeS) has emerged as a strongest export sector from India with an estimated export of $126.07 billion during the year 2017-18. Software and ITeS export accounts for 120 billion and Electronics Hardware Export is estimated to be around $6.1 million.
Export of software and related services to Middle East has reached a level of $2.3 million estimated in 2017-18. It is estimated that electronics goods export to Middle East countries during 2017-18 is valued at $885 million. Amongst ME countries, UAE is the top destination for India's electronics export.
Responses in the previous editions of INDIASOFT Show were overwhelming. On an average, each edition of the event has generated good amount of businesses, hand-holdings, card exchanges, etc.
This year's show is expected to have more business focus on account of the radical changes taking place across the world for digitisation and gradual penetration of internet. The delegates from developing and least developed countries, who form a major part of the foreign buyers, will explore the possibilities for entering into long-term relationships with the Indian exhibitors in areas like ERP, Legal Outsourcing, e-Governance, BPO, KPO, Cloud Computing, Big Data Management, Mobile Application Services, Information Security, etc.
INDIASOFT Show seeks to improve the visibility of the Indian software industry, especially the SMEs and start-up companies, in the global IT market. The focus would be on business services, e-security, finance, banking, insurance, manufacturing, education and training, embedded software, animation, packaged software, and many more innovative technologies. Several IT entrepreneurs will use INDIASOFT as a platform to launch innovative IT products and services.
International delegates to the event will include representatives of the private sector from the following countries: Argentina, Brazil, Panama, Chile, Colombia, Honduras, Peru, Cuba, Venezuela, Ecuador, Mexico, Costa Rica, Algeria, Botswana, Kenya, Mauritius, Namibia, Uganda, Zambia, Zimbabwe, Cameroon, Nigeria, Ghana, South Africa, Ethiopia, Tanzania, Côte d'Ivoire, Russia, Armenia, Belarus, Azerbaijan, Kazakhstan, Ukraine, Turkmenistan, Kyrgyzstan, Uzbekistan, Thailand, Malaysia, Indonesia, Vietnam, Philippines, New Zealand, Singapore, Australia, Malaysia, Laos, Cambodia, Myanmar, Brunei, Germany, France, Bulgaria, Poland, Saudi Arabia, Bahrain, UAE, Kuwait, Qatar, Oman, Bangladesh, Sri Lanka, Nepal, Hong Kong, South Korea, Japan, etc.
Vipul, Consul General Consulate General of India in Dubai
We hope to have a good participation from the UAE in INDIASOFT in Hyderabad in February. INDIASOFT is a premier event in India on electronics, and IT and ESC has always organised it exceptionally well. The ESC chapter in Dubai plays an important role in this regard as well as in facilitating India's participation in GITEX. India is a world leader in the areas of IT and ITeS. I am happy that a number of Indian software companies such as WIPRO and TCS have a strong presence in the UAE. I hope that this footprint will continue to increase with shared opportunities and work. To this end, INDIASOFT provides a great platform through which we can strengthen our cooperation in IT and new technology areas such as AI and blockchain."
Kamal Vachani, Regional Director, ESC UAE