Emulate Taipei model in India

Ram Kumar, Executive Director, Gemini Communications Ltd:

(a) The government must recognise homegrown technology and products, in comparison with their imported equivalents.

(b) There should be special incentives for small & medium companies in the electronics hardware manufacturing business.

(c) Atleast in one location the government should practice the Taipei example of creating 'Electronics Villages' which would boost electronics manufacturing processes.

(d) It would be wise to create sops for BPOs and ITeS in tier II and discourage them from operating in tier I cities.

This would not only help tier II to spruce up their infrastructure, but also aid in arresting the attrition issues, cultural degradation in employees, metro city traffic congestions and help in maintaining the operational cost low that would continue to maintain India as a competitive IT Services outsourcing destination.

HR Srinivasan, Founder and Vice Chairman, Take Solutions India Pvt. Ltd:

(a) From a national perspective, I would like to see a quadrupling of investment in the infrastructure and education sectors. This is required for the continued competitiveness of the Indian economy.

(b) Agri credit offtake has been low compared to the required food production. So growth rates in the agri sector need more emphasis.

(c) From an Industry perspective, given the infrastructure bottlenecks and the appreciation of the rupee, I would expect an extension of the STPI scheme beyond 2009 for another three years at least.

Such an extension on the EOU's (Export-oriented units) (manufacturing) has already been recommended by the Krishnamurthy Committee. I believe IT and ITES is no different and now constitutes over 5 per cent of the GDP.