Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
September 26, Wednesday 2018 12:56 AM       

       HEADLINES: P K Sasi controversy: Evidence collected from 6 persons                                              Violinist Balabhaskar’s daughter dies in accident                                              Man throws away Karunya lottery ticket, friend grabs it                                              Tamil movie incites murder in Thiruvananthapuram                                              Thejaswi Balabhaskar, child born after long years of wait                                              Rahul Gandhi a 'directionless leader', Cong creating campaign based on lies: Javadekar                                              Amit Shah to attend BJP workers meet in Jaipur on Wednesday                                              Pak won't abandon peace efforts despite India's reluctance: Qureshi                                              Maldives government acknowledges opposition victory                                              Trump's latest tariffs on China begin to bite                                              China says can't hold US trade talks with 'knife to the throat'                                              I'm a 'scapegoat' says sacked Sri Lanka captain Mathews                                              Test cricket should not be tinkered with, says Kohli                                              Kaumudi Facebook
       SCI&TECH Next Article: Skype adds read receipts to chats  
       IT industry should focus on developing new technologies
 
         Posted on :22:16:06 Jul 27, 2018
   
A A
       Last edited on:22:16:06 Jul 27, 2018
         Tags: IT industry should focus on developing new te
 
Hyderabad: Vice-President M Venkaiah Naidu today said the IT industry should focus on innovation and developing new technologies, apart from skilling the youth to provide gainful employment.
 
"There is also a need to infuse an entrepreneurial spirit among the youth and give a fillip to start-up ecosystem, he said at the 26th Annual Hyderabad Software Enterprises Association (HYSEA) Summit 2018.
 
The future lies in creating intellectual property (IP) and generating value for end-customers, he said.
 
"While large IT services companies, no doubt will continue to play significant role in the growth and sustenance of the industry, the future lies in creating IP and generating value for end-customers," Naidu said.
 
Hyderabad has been a major hub of IT in the country, he said, expressing happiness that there has been a significant growth in Hyderabad IT exports, which stand close to Rs 97,000 crore as against Rs 55,000 crore in 2014.
 
"I am aware that the growth is in line with the governments vision to reach Rs 1,20,000 crore by 2020," he said.
 
The IT industry in the country has generated tremendous number of jobs and gainfully employed lakhs of youth, he said.
 
"I understand that about 4.75 lakh people are employed by the IT industry in Hyderabad directly and about three to four times that number indirectly," he said.
 
Naidu urged the IT companies in the city to create Corporate Social Responsibility programmes that will ensure the well-being of the local communities.
 
Noting that sedentary lifestyles of youth, including those in the IT sector, are leading to many health concerns, he said the situation calls for a huge focus on ensuring the physical and mental wellness of employees.
 
The IT companies must encourage the employees to practice Yoga daily as it would help in overall health of an individual, he said.
 
Economic disparities and urban-rural divide are some of the grey and challenging areas in the country and it is the society's duty to work towards addressing them, he said.
 
"The philosophy of India is to wish prosperity of all (Sarve Jana Sukhinobhavanthu)," he said.
 
"....Indias GDP was 27 per cent of the worlds GDP ...before others came and looted us...but, India never attacked any country anywhere in the world in history," he said.
A A
       SCI&TECH
Next Article: Skype adds read receipts to chats
 
 
SCI&TECH HEADLINES
Pluto should be reclassified as a planet, reveals study  
Shared responsibility essential for conserving migratory species  
Microsoft releases Speech Corpus for three Indian languages  
Facebook likely to run on 100% renewable energy by 2020  
Can brain suppress the act of revenge?  
Kerala techies launch portal to facilitate relief measures  
Here's what you may not know about H2O  
Alexa will tell you when it has done its homework  
Students recreate horrific atomic bombings of Hiroshima using VR technology  
Study discovers compounds that can reverse cell ageing  
Online interactive courses on AI in trading, first time on internet  
Apple to fix devices damaged by Japan's floods for free  
IT industry should focus on developing new technologies  
Skype adds read receipts to chats  
Mobile app for replacement of transformers in Raj  
Kashmiri students make solar boat for Dal Lake  
NASA prepares to fly probe into Sun's scorching atmosphere  
Yoga helps against non-communicable diseases: WHO  
Spironolactone can help prevent acne: Study  
Older Amazonian forests help regulate global climate  
Goal conflict linked to depressive symptoms  
A new world: Top 10 new species for 2018  
Beat the risk of frailty with healthy heart  
Twitter to hide trolls that hurl abuse: Twitter CEO  
Fortnite is finally coming to Android  
 
Do you agree with KCBC's statement against nuns who protested?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy