Govt setting up cloud data centres to cut costs for small scale sector: Sibal
Hotline: 1800 102 2007
X
Search Business Opportunities
2013-03-19

Govt setting up cloud data centres to cut costs for small scale sector: Sibal

Minister for Communications and Information Technology, Kapil Sibal on Monday highlighted the advantage of cloud computing in cutting down the cost of operations for the small scale sector.

Minister for Communications and Information Technology, Kapil Sibal on Monday highlighted the advantage of cloud computing in cutting down the cost of operations for the small scale sector.

For this purpose, Sibal said that the Government has already started setting up data centers under PPP projects wherein the space is provided by the government and the investment in creating physical infrastructure is done by the private sector. The minister was delivering the Inaugural Address as Chief Guest at 'The Industry - IT Summit 2013' organized by CII in Delhi.

“We need to create an ecosystem of connectivity between various stakeholders in the economy like entrepreneurs, banking, SMEs, foreign investors for ensuring inclusive growth of the Indian economy,” the minister said.

Sibal highlighted critical areas offering greater opportunities for IT adoption such as cloud computing, data centers, small scale sector, banking sector, semi-conductors, cyber security, etc, which will ensure better competitiveness, inclusivity and sustainability for the Indian IT sector.

Among the key challenges, Sibal stressed on the low level of Research and Development (R&D) in the private sector. He shared that of the 0.8% of GDP being invested in R&D, the government's share is 0.6% whereas the private sector only contributed 0.2%.

He emphasized the need for a consistent policy framework for the IT sector from a long term perspective which will help transform the business landscape with enhanced IT adoption, and in turn create a significant contribution to India's GDP.

To realize this goal, Sibal informed that the Government has framed the three important national policies viz. the IT policy, the telecom policy and the Electronic System and Design Policy keeping a 20 year horizon in mind.

He added that these three policies will enable the End-users, IT service providers and government to partner with each other and leverage information technology to achieve and maintain the desired economic growth rate.

Sibal informed that the Union Cabinet will shortly take up the Electronic Service Delivery Bill for discussion through which the Government aims to deliver all public services electronically in next 8 years, offering a huge opportunity for the Indian industry.

Related opportunities
  • Multi Cuisine Restaurant
    About: India Kitchen is one of the most popular and immensely..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Ice creams & Yogurt Parlors
    About Us: Makers of Milkshakes thrives on the cravings of the..
    Locations looking for expansion Telangana
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Hyderabad Telangana
  • Tax Consulting Services
    About Us    Barpute Consultancy is into the business of Consultancy on..
    Locations looking for expansion Delhi
    Establishment year 1996
    Franchising Launch Date 2018
    Investment size Rs. 50 K - 2lac
    Space required 90
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Casual dine Restaurants
    About Us: Company is into F&B Business with concepts such as..
    Locations looking for expansion Karnataka
    Establishment year 2011
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts