Software body ESC gets new chairman

KOLKATA, INDIA: Descon Ltd managing director S. Radhakrishnan has become the chairman of the Electronics and Computer Software Export Promotion Council (ESC).

A statement on Wednesday said he had been elected unanimously by the council's Committee of Administration for two years. Radhakrishnan is a former president of the Bengal Chamber of Commerce and Industry.

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"Indian IT sector has to move up in the value chain to stay ahead in the emerging competition unleashed by countries like China and the Philippines," Radhakrishnan said.