chennai march 24, 2005
Mr.Iqbual
Khan Partner Insurance Systems Assurance and Advisory Services South Africa
spoke about the advantages of geographic location Political and
economic stability during the seminar session of India soft 2005 .He noted that his
company has made tremendous advancements after the democratic elections held 11
years ago which had changed the nations fate from an ailing one to growing one.
There was a mention about the strong economic growth and the fact that it is
the largest
nation with Indian population after India. He also said
that his nation was preferred for low labour cost by US, UK and Europe and made a note
about free trade agreements that have been entered with US and Canada. He concluded
by saying that they are one potential venue wherein India can look
forward to enter into partnerships.
Unlike
Russia Pirated
Software is not sold in Indian Markets was the remarks of Mr.
Hans Kuepper of transaction Advisory Services. However he quipped to add that
it could have also missed his attention. He pointed out that labour and other
costs were comparatively lower in other parts of Russia when compared
with Moscow. He also said
that his nation is on the process of recovering after the big financial crisis
that rocked in 1998.
He
commented the nation has been shifting its attention to
Information technology from oil and other natural resources though the fact remained that they were
still distributing energy at free of cost to citizens. He
mentioned that there
is busy information technology penetration in private and
public sector.
Besides he also told that his nation produces large number of engineers and
software professionals while the rate of MBA graduates were low. He citied this
to substantiate that his nation was known for technical know how. He remained
that Russia had so far
entered into just one agreement with our public sector giant ONGC. Bilateral
Business relations should flow in other segments like pharmacy, Software and
many more was his wish. He also hastened to add that this has been in the mind
of both governments and necessary efforts have been initiated.
MR.Nasser
Fouad Vice Chairman, Union of Arab Associations began
his speech by recalling the historical relations between India and Egypt. He added that
his nation
Had
a vision in 1999 as a result of which the ministry of Communication and
Information Technology was established, besides Statutes were formed to curb
piracy and regulating telecommunication and the same were successfully
enforced. He mentioned proudly that International Icons have endorsed top
Egyptian Companies.
The
ambassador of Tunisian Government in India invited
delegates and other business personnel to participate in the International
Information Technology Summit Scheduled to be held in the nation by November
2005 and it is likely to attract more than 15000 participants.
He
had a word of praise for India. He exclaimed
that our work is not only known for quality but also in the meaning of economic
social and institutional welfare. He added that the GDP of his nation had been
progressing steadily. He also made a note of the physical incentives provided
by the government of Tunisia in enhancing
competitiveness. He said that a student in his mother country would be well
versed with English French and Arab by the time he completes College.
Several
question concerning issues like outsourcing limits and remuneration aspects
were thrown. The speakers aptly answered them to the audiences before the
session concluded.
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