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  • Post-Budget Reaction Quote_Tech & IT Industry Leaders

    Published on July 5, 2019

    Pankaj Muthe, Program Manager, Academic Program, APAC, Qlik

    ‘’The government’s continued push to improve the quality of higher education in India is extremely commendable. The allocation of INR 400 crore to create a world-class higher education ecosystem in the country will definitely improve the quality of talent that joins the workforce. The focus on the amplification of skills in new-age tech domains such as AI, IoT, Big Data, and Robotics will also help to address the severe skills shortage that businesses across India are facing at present, apart from opening newer avenues of career growth for Indian professionals. The government should also make stronger efforts to incorporate data literacy training at the grassroots level and incentivise organisations to launch data literacy training initiatives for their employees. Doing so will equip current and future Indian professionals with the required knowledge and competencies to navigate the data-driven world of tomorrow.”

     Satya Kalyan Yerramsetti, Founder & CEO of Telebu

    “The Union Budget has made adequate allocations for the telecom sector whose revenues have been tumbling since quite a while now. The Government has set up a committee to rationalize tax structure, review USOF, and the spectrum usage charges, which will make the business environment more conducive within the sector. These measures will work in the favour of unified communications providers like us. It has also taken targeted steps towards rural infrastructure expansion and introduced PPP model for BharatNet to eliminate the prevailing rural digital divide. We believe that companies such as Telebu will benefit immensely from this year’s Union Budget, as it will expedite their goals of proliferating into rural as well as tier-2 and tier-3 cities.”

    Aakrit Vaish, Co-founder and CEO, Haptik

    The demand for specialised skillsets in niche technologies like Artificial Intelligence and Machine Learning has increased drastically. The government has recognized and addressed this schism by pledging to train 10 million youth in industry relevant skills like AI, IoT and Big Data. We, at Haptik are also constantly empowering the developers and enthusiastic engineers to build next-generation conversational AI on a daily basis. We are delighted to see that our government is also putting efforts to improve the skills of our youth in newer areas such as Artificial Intelligence, Big Data, Robotics.

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