Kiran Karnik
Kiran Karnik
Kiran Karnik is a prominent Indian administrator chiefly known for his work in the broadcasting and outsourcing industries. Presently he is also serving as a Director in Central board of directors of Reserve Bank of India. He is also the chairman, board of directors, of the Indraprastha Institute of Information TechnologyDelhi...
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Similarly, we see immense potential for the small and medium enterprise sector in both countries to collaborate and complement their strengths for designing and manufacturing products that can be marketed across the world at a competitive price.
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Though there would be no big impact of regulations on Indian companies but it is a matter of concern. It is a small step by the government to regulate and control....
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We need to take steps like expanding the network for assessment to reach out to smaller cities and fixing a benchmark for assessment of skilled workers for the IT sector so that India's IT sector can keep growing in leaps and bounds.
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India has very good teachers, especially in math and science. Also, these subjects are culture-free so it is comparatively easy for Indian teachers to teach them. Online tutoring is an area which shows enormous potential for growth.
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Indian companies are not satisfied playing the second fiddle anymore. They are competing big with the global IT companies.
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In middle class India, the appetite for risk is low. But it is changing.
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The fee can even be a few times higher. The institutes should work out a system of giving loans to those who need them.
intent
The intent is there, but implementation is lacking,
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There should be specific services industry related visas and there should be no cap or delay in processing them.
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A free trade agreement with the US in the services sector will be a win-win situation for both the countries.
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A free trade agreement will complement both the economies. While their strength is the vibrant venture capital and marketing skills, the Indian IT industry is known globally for its vast and skilled manpower base.
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The skill sets in both the countries are similar and it will be great to create engagements with Pakistan.
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Security has always been a priority for us. We have made continuous efforts to make India a secure outsourcing destination through various initiatives.
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Since Chinese firms are 10 times bigger in size than their Korean or Japanese counterparts, they should explore our market by investing here and making best use of our skilled workforce.