Expect govt to invest in crucial technology infrastructure

We have already seen some favourable and positive steps taken by the government over the last year in the form of inviting Foreign Direct Investment in railways and defence, insurance legislation, labor reforms and progress in infrastructure projects across the country.

The rollout of Make in India and Digital India have given a tremendous boost to the IT sector and opened up several new opportunities for the development of the digital ecosystem. These initiatives have contributed to an environment of positivity for investors and are heralding a new era of growth for India. We commend the government's efforts to deliver a clear, investment focused and development led agenda for the country this far and we hope to see continued support of the start-up ecosystem and the development of scientific research, research and development and innovation which is the foundation of future business growth, and the key to making India a global innovation hub.

At Concentrix, we see this as an inflection point for India, and an opportunity to support the digital transformation across sectors by drawing rich insights from our wealth of data to help bring about better experiences for all stakeholders in the country, in line with the government's digital India vision.

We also hope to see continued investment and government support in building the crucial technology infrastructure the India needs to achieve its ambitious growth, including projects like NOFN, data centres and digital highways. While the atmosphere is upbeat about digitally driven processes for both businesses and government departments, there are basic infrastructure impediments like road, power generation and efficient public transport. There is also an acute need for skilled labour accompanied with labour reforms across segments and we expect that the budget this year will address this need.