Monday, May 27, 2013

Infosys, Gujarat needs to retain talent for IT sector s growth


Gujarat needs to retain its talent for the growth of Information Technology sector in the state, Confederation of Indian Industry (CII) president and Infosys executive co-chairman S Gopalakrishnan said.

"Gujarat needs to retain its talent of the IT sector for the overall growth of this sector in the state," he said here during an interaction with the media.

He also added that "it's not that every state can have excellent growth in each and every sector of the economy. Every state has their own strengths".
"If you look at the agriculture sector in Gujarat, it has achieved around 10 per cent rate of growth for past ten years. This is fabulous. But to increase the growth rate of state gross domestic product (SGDP), Gujarat could also look at the IT sector," Gopalakrishnan said.

CII had contemplated a task group in the state for the Service and IT industry and will work on ways to achieve higher growth rate in these sectors, he said.

Gopalakrishnan, who was in the state for an interactive meet of CII members, also had a meeting with Chief Minister Narendra Modi.

CII discussed the Goods and Services Tax (GST) issue with Modi, he said. "It has been a top priority of CII to play an active role in creating the right atmosphere for the implementation of GST. I cannot divulge what transpired in our meeting with Gujarat Chief Minister. But we are discussing the issue," he said.

About CII's road-map for 2013-14, he said, "Our agenda is to accelerate economic (GDP) growth to 6-6.5 per cent this year and to take it to 8.5-9 per cent as quickly as possible."

"The drivers for growth would be reforms and governance, inclusive growth and affirmative action, innovation, entrepreneurship and growth of MSMEs and transformation of sectors."

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