Chief Minister inaugurates Kenexa’s Vizag facility
Firm to employ 250 persons in the first year
The World Debates India’s Future
The 23rd India Economic Summit took place in New Delhi from 2-4 December. Following are the key highlights of the event
The Taj Palace Hotel in the capital came close to representing the nerve centre of Indian economic activity between 2 and 4 December as the venue of the India Economic Summit, jointly organised by the World Economic Forum and the Confederation of Indian Industry. It was a gathering where the country’s leading businessmen, economists, policy makers and political leaders came together to take stock and discuss India’s economic future. The presence of more than 600 participants from around 40 countries was a constant reminder of the fact that not only does the world have its eyes trained on India, but that it also wants to have a say in the way its future is moulded.
With an average growth rate of 8.6 per cent over the past three years, India became a trillion-dollar economy earlier this year, and according to a PricewaterhouseCoopers report it might become the largest economy by the middle of the century. So, the interest in India is inevitable. But P. Chidambaram, the minister for finance put this interest in perspective. “The drivers of growth seem to have moved from the developed world to the developing world,” he said in ‘The Shifting Power Equation’ session. But he added, “That does not mean that economic power has shifted.” Speaking at the opening plenary, Mukesh Ambani, chairman and managing director, Reliance Industries, echoed similar thoughts, saying that the new century has seen the context of international relations being shifted from geo-politics to geo-economics.
March 20 – 22, 2008, HICC Hyderabad
INFORMATION TECHNOLOGY
Hyderabad IT Summit 2008 – Empowering IT With World Class Infrastructure
An international Summit & Exhibition ‘Hyderabad IT Summit 2008 – Empowering IT with World Class Infrastructure’ was organized by Department of Information Technology and Communications, Government of Andhra Pradesh in association with Federation of Indian Chambers of Commerce and Industry (FICCI) from 20th – 22nd March, 2008 in Hyderabad, India
The objective of this summit was to focus on Hyderabad as the most preferred destination for the growth of IT industry in India.
The focus of the conference was on creating global hubs of excellence, creating culture of innovation, human capital and discussion various pro-active and positive policy measures for investment opportunities in IT-ITeS/BPO sector.
The summit was inaugurated by Dr. Y.S. Rajasekhara Reddy, Hon’ble Chief Minister, Government of Andhra Pradesh in the presence of Shri R Damodar Reddy, Hon’ble Minister for Information Technology & Communications, Youth Services & Sports, Government of AP; Smt P Sabita Reddy, Hon’ble Minister for Mines & Geology, Handlooms & Textiles, Spinning Mills, Government of AP & Dr. G Chinna Reddy, Hon’ble Minister for Rural Development, NREGP, Self Help Groups, Government of AP.
CIFA – Thums Up Rural Games, 2007 Connect with the Global Virtual World- launch an interactive websie
Hon’ble Minister for Youth & Services & Sports, Shri Damodar Reddy Ramireddy inaugurating the official website of the CIFA-Thums Up Rural Games, 2007.Just log on to www.cifathumsupruralgames.in & you have every information on the Rural Games at the click of a mouse. Hon’ble Minister for Youth & Services & Sports, Shri Damodar Reddy Ramireddy inaugurated the official website of the CIFA-Thums Up Rural Games, 2007.
The website has been design to cover all the information regarding the Rural Games which include, schedules of the events, results, range of activities organised, press releases, photo gallery etc.It also has a section on ‘The Spirit’ of the Rural Games which defines the unrelenting spirit, ethnic roots of rural games & the underlying objectives of Thums Up Rural Games.
Honourable Minister of IT&C, Andhra Pradesh, India’s visit to Detroit
Overall a great speech and was well received by audience.
This year I became member of Detroit Telugu Association (DTA) and started getting involved with programs and events.
On Sunday May 13th at wee hours at night Srinivas Koneru sent an invite with the following:
Sri. Damodar Reddy Ramireddy, Minister for Information Technology & Communications, Government of Andhra Pradesh (AP) will be in town (Detroit) on Monday, May 14, 2007. You are invited to attend a reception hosted in his honor by India League Association (ILA).
Date & Time : Monday, May 14, 2007 7:00 PM
Sent my confirmation immediately though it is a short notice. Most events notified at least two weeks in advance. The venue is about 40 miles and in peak hours (heavy traffic) would take anywhere between sixty to ninty minutes.
I started at 6:20 PM and reached at 7:40 PM and the meeting just got started with introductions.
About fifty plus people are present and glad to see some familiar faces and felt homely.
After introductions, felicitations and other formalities, it is time for the Honourable minister to address the audience.
His speech was good and he impressed the crowd very well. Though he is new to the ministry, he answered the questions with balance and knowledgeably.
Key points from speech are:
AP Government will continue to encourage IT and attend to Agriculture as this government felt that this sector was neglected in last few years.
Reviewed the progress of Fabcity plans and mentioned that his meetings with several semi-conductor CEOs from Silicon Valley in USA were very encouraging.
Measures are taken to bring IT more towards Class B cities.
Provide quality education and training through Jawahar Knowledge centers.
New incentives and packages for setting up IT shops in Visakhapatnam, Warangal, Kakinada, Vijayawada and Tirupati.
Also setting up IT Hubs at Cuddapah, Kurnool, Anantapur, Nalgonda and Vizianagarm.
Invited the Michigan based companies to invest in Andhra Pradesh.
Mentioned his fruitful meetings with his counterparts in Michigan state government.
Offered assistance to all the NRIs and informed allocation of special meeting time every Monday and Tuesday from 3:00 PM onwards for NRIs (Non-Resident Indians) interested in setting up IT shop in Andhra Pradesh.
Non-IT highlights mentioned are as follows:
International airport at Hyderabad
Repair works of Visakhapatnam Airport to complete in July 2007.
On his personal note, he was truly delighted to meet his childhood friend after forty years.
State to attract American IT firms
Chief Minister, Minister to meet top industry captains in the US
HOMECOMING: Women leaders of Congress party according traditional welcome to R. Damodar Reddy during his maiden visit to Nalgonda as Minister on Monday. — PHOTO: NAGARA GOPAL
NALGONDA: The State Government is planning to invite more number of American IT industrialists to invest in the State, Minister for Information Technology Communications, Youth Services and Sport, Ramreddy Damodar Reddy, has said.
“During our visit to the US in the first week of May, we are going invite IT industrialists to our State,” he told reporters during his maiden visit to the town after taking charge as the Minister.
The Chief Minister and the Minister are going to meet top industry captains in the US.
Mr. Reddy alleged that the Telugu Desam party didn’t do much for the IT sector. “Though IT is a new subject for me, I would try to bring international fame to the sector using my experience,” he said adding that IT would bring considerable revenue for the State exchequer in the future.
Mr. Reddy further said that the World Military Sports Meet to be held soon would be a mega event in the State.
“About 2,000 sports persons from 124 countries are going to take part in it,” he said adding that Rs.72 crores was earmarked to conduct the prestigious event.
Earlier, Congress activists accorded a rousing reception to the Minister at the DCC office.
“Irrespective of group affiliations, any Congress activist may meet me at this DCC office seeking solutions to their problems, either personal or organisational,” he said.
