Pre-budget expectation remark from Mr. Sandeep Lodha, co-founder of Netweb Technologies and a 25-year IT industry veteran

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New Delhi, January 21, 2022: Today, the government has quite a lot of proactive policies for server manufacturing, like PLI and other initiatives. Our take is that the budget should focus on a few important things for demand generation. We need to see how the local buying of made in India products is encouraged. The government should fund a scheme for tech adoption, and government purchases of high-end IT products should be encouraged/prioritized to help create more demand. Data Centre Operators should be incentivised to use more “Made in India” products. This will help the country to achieve the PMO’s objective of achieving atmanirbhar bharat. Local server technology development will help to bring cutting-edge technology to the country while also addressing the nation’s security concerns. Another thing I am looking forward to is the R&D side. There has to be special incentive for companies investing in R&D, there must be government incentivised and facilitated collaborations between the companies and premium Education and R&D facilities. This will be a major game changer as the R&D and education systems will become more aligned with the real world of commercially valid products, and the industry will benefit from innovation and local enhancement of technology to create global competence.
Corporate Comm India (CCI Newswire)