As the online and technology space perceived boundless gaits amid the Covid-19 pandemic, the India-US relations in terms of information & technology have scope to grow further at a much greater pace.
Dr Omkar Rai, Director General, STPI, Ministry of Electronics and Information Technology, Government of India, noted that technology is a major binding force in the Indo-US relations, said, “India and US relationship is so complementary. Their interest is also technology-based, our cultivation, collaboration lies in technology. Saying that amid the lockdown India witnessed transformation and disruption, that the digital readiness of the nation was tested during the time. The leap in terms of digital economy and online processes which India has achieved in the past one month is because of the robust IT services sector in India.”
“As we saw the pandemic’s impact in hospitality, tourism, we also saw great progress in other sectors such as education as we started online classes immediately. Such labours are successful to create a lot of chances in the technology to digitise the whole ecosystem,” he added.
Mr Michael Rosenthal, Director of North India, US Embassy, said “IT is a vital sector as digitalization has become important for inclusive and sustainable development of both Indian and US economies. Noting that India’s digital economy annually generates $20 billion dollar. In the US Embassy, it is considered that in terms of businesses, US is the largest partner of Indian IT players.”
Emphasising India’s booming digital technology space, Arun Karna, Regional Vice President of IACC, states, “Since the pandemic has seen the adoption of digital technology has increased rapidly.”
Other speakers in the session were Mr Anup Purohit, Executive Council Member & Global Chief Information Officer, Wipro Ltd, Ms Mamatha Madireddy, Centre Director GSC Hyderabad, Chennai, Kolkata, Vizag, HSBC and Mr Rajesh Thakur, CEO, MothersonSumi INfotech & Designs Ltd (MIND).
The virtual summit 2nd Indo-US Services Summit on Leveraging Services Sector to Generate Post –COVID 19 Economic Recovery, which involves shareholders from India and the US is a step towards making newer ideas to guarantee retrieval of the sector. It is also an effort to separate the present state, collect challenges and to grow a consensual roadmap for inducting dynamism in those segments in a time-bound manner.
Select segments that were absorbed during discussions were travel, tourism & hospitality, healthcare, energy, media & entertainment.