Post-Budget Reaction by Mr. Koichiro Koide, MD, NEC India
We welcome the Union Budget 2015-16 as it aims at bolstering the IT sector through investments focussed at enhancing the R&D and scientific research that will support and help the key players grow.
We are glad to know government’s establishment on a mechanism known as SETU (Self-Employment and Talent Utilisation) as a support for all start-up businesses, and other self-employment activities, particularly in technology-driven areas with a proposed spent of Rs. 1,000 crore. Moreover, resource distribution towards Technology Development Fund and plans to take broadband connectivity pan-India will benefit the sector terrifically.
The spotlight is put on skill development which is also going to add to the talent pool of the country. Such a move is going to help IT companies not just to grow but will ensure better job opportunities opening up the doors to faster economic growth and development and clearly states the commitment in providing “Solutions for Society”.
NEC will continue to create innovative value through public solutions that are inspired by our Group vision and founded on an in-depth and repeated dialog with our customers and a profound understanding of their challenges and devotion to make development process as green as possible.