VIKASA ( INDO-US) BUSINESS FORUM : WHY?
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Goals of Vikasa Forum
- Enhance trade and commerce between the US and Karnataka State in India
- Provide a platform for networking
- Showcase investment opportunities in the US for Indian companies
- Showcase investment opportunities in India for the US based venture capitol companies
Competition, Profitability, Productivity, share-holder Value …. Intense competition drives the need for all corporations to be creative, timely and flexible with solution delivery capabilities
Global solution delivery is more than just cost savings
- US Corporations have successfully leveraged global delivery for a variety of services including turnkey application services to Business Process Outsourcing
- The quality of service, flexibility to scale and cost advantages have made offshore delivery a "real" alternative
India is the unanimous choice
- India offers a highly educated, motivated and experienced workforce at a fraction of the labor cost
- The government has encouraged global corporations over time by offering tax benefits, infrastructure facilities, etc.
Investors are raving about India
- "Transiting from a major business process outsourcing (BPO) hub, India is set to emerge as a $17B knowledge outsourcing destination by 2010." - CII Study, May 2005
- "According to the NASSCOM, the total market size of knowledge process outsourcing business in India may rise to a staggering $15.5B, up from $1.2B now."
- Indo-Asian News Service, March 2005
- and, most US competitors are already benefiting from what Karnataka (Bangalore, in particular) has to offer
The forum will have parallel sessions to provide maximum value to each focus area
Information Technology
- IT Enabled Services (ITES)
- Software products
- Network Equipment
- Business Process Outsourcing (BPO)
Healthcare & Biotechnology
- Healthcare services
- Biotechnology players
- Bio Sciences
Engineering & Infrastructure
- Builders, Developers, & Contractors
- Engineering Outsourcing Companies
- Large scale infrastructure services
- Engineering and manufacturing services
- Chemical industries
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