APN News

  • Friday, April, 2024| Today's Market | Current Time: 02:25:37
  • Post Budget Reaction : Technology, AI, Language, App store and startup

    Published on February 1, 2021

    Spokesperson – Rakesh Deshmukh, Co Founder and CEO, Indus OS

    Quote – The announcement of the National Language Translation Mission is a much needed effort by the government to reach our citizens in the language they understand. At Indus App Bazaar, the usage of apps in Indian languages on our platform has increased 2.2 times last year. We believe that with an enhanced app store ecosystem we will be able to break linguistic barriers and adding more value to the next half a billion Indian customers. Moreover, for Atma Nirbhar Bharat to be successful, the focus should be on technology innovation as a whole. We appreciate the government’s focus on innovation and R&D in the budget 2021.

    Spokesperson – Mr. Mike Chen, General Manager, TCL India

    We do welcome the recent PLI scheme of the government. However, we need to ease up the duty imposed on raw materials keeping in mind the make in India thought. We should also be getting added incentives so that transformative measures can be taken. The industry contributes 25% of the country’s GDP.

    Mr. Abhishek Kumar, Regional Director, Onvu Learning

    The annual budget brings in good news for Smart Class solutions. The Union budget has a major thrust on the education sector. The decision to strengthen 15,000 government schools provides a major avenue for Smart Class teacher-training solutions such as Onvu Learning. The decision to set up more than 100 Sainik and Eklavya schools with a 50-100% increased budget further opens up this sector for video-enabled teacher’s self-training solutions.

    Mr. Abhishek Kumar, Regional Director, Oncam

    One of the key focus area in annual union Budget is on infrastructure. The decision to boost transport sector  by allocating increased budgets for National Highways and Metros shall create opportunities for overview and incidence detection solutions. Oncam with its unique position in the market as the best overview surveillance solution is strategically placed to further increase its market share in roadways safety security solutions. The union budget is intelligently thought of and shall propel India as the fastest growing economy of the world.

    SEE COMMENTS

    Leave a Reply