Confederation of Indian Industry (CII), organized a Conference �India � The Knowledge Hub� Focussing on technology enabled innovation in Process Industry at Hyderabad today.
In her inaugural address, Dr J Geeta Reddy, Minister for Sugar, Industries & Commerce, Export Promotion, Government of Andhra Pradesh said that in India, the rapid growth of ICT services has fuelled the services industry. Trade openness, institutional quality, financial sector reform favorable business environment infrastructure, well designed education policy etc are some of the factors which determine high productivity growth through human capital formation. She said that Innovation in the Process Industry, through Technology applications will enable the industry to operate more economically. The combination of state-of-the-art infrastructure and highly qualified manpower ensures that India is poised to be the next Global R&D hub.
Mr.Malay Mukherjee, Group Management Board Member, ArcelorMittal spoke on the rapid strides that India has made over the past decade, fuelled by increasing foreign investments, availability of low cost advantage, quality workforce and growth across the industry. IT, Telecom, Service sectors have been major contributors to this phenomenal growth. With the advancement in IT Hardware and Software, the industry must adapt to the changing landscape of the industry for providing world class services.
Mr Ramalinga Raju, Founder and Chairman, Satyam Computer Services Ltd, in his address shared his experiences in the formative years of his career and his movement from manufacturing industry to the process industry. He also highlighted the transformation in India that has been brought about through access to technology. Demystification of technology is important to provide access to technology for ordinary people. He was of the opinion that the present generation is having the advantage over all other past generations due to the increase in access to knowledge.
In his introductory address, Mr Subu D Subramanian, Chairman, CII (SR) ICT Forum said that Process Manufacturing Industry has been enjoying high growth over the past five years. He highlighted that India is already the leader in technology led services. There is an urgent need for innovation in up-gradation of technology in the Process Industry which would help ensure development of newer and better products.
Dr Geeta Reddy also launched the Satyam Process Manufacturing Centre of Excellence on this occasion.
Mr M K Patodia, Past Chairman , CII Andhra Pradesh delivered the vote of thanks.
The conference was also addressed by Mr Sharat Kumar, Global Head � Process Manufacturing, Satyam Computer Services Ltd; Mr C Ravi Chandra Mouli, Secretary, FAPSIA; Prof N Viswanadham, Clinical Professor & Executive Director Centre for Global Logistics & Manufacturing Strategies, Indian School of Business; Ms Nora M Denzel, Former Senior Vice President, Hewlett Packard; Mr Shivam Mittal, Solution Architect, SAP India; Mr Sanjiv Varma, Vice President, Soft Infrastructure Group - Satyam Computer Services Ltd.
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