Talking to SupportBiz, in Bangalore, Shaik Kaleem, Senior Director, Cisco Global Business Development and Operations Collaboration Technology Group (CTG) said: ”Obivously India and China are fast growing economies and the potential for further growth in these countries is huge. China has a well layed out growth roadmap and when it hits a four percent growth rate it would have overtaken the US. Hope we can come up with a roadmap for the future -- without any, we seem to be growing at 6.5 percent to seven percent.
“Our biggest strength is our people, our values. We stress on the need for a college education and want our children to take to a profession. In China, it is more services driven and many do not finish college. India’s intellectual capital is similar to that of the US but what India needs is a way to enable its people. And networking and collaboration is a big part of this. When people collaborate, economies grow.
“Think of the oldest trick in the book – face-to-face communication. Not easily done today but, if you had a way to collaborate vial alternate methods, it is a huge advantage. Face-to-face communication increases productivity, which in turn fuels innovation and the sharing of ideas.
“The Budget should emphasis on improving communication infrastructure across India. Internet speeds and bandwidth have to improve. 10 years ago South Korea realised that good Internet will help the economy grow. We are getting better in India but communication infrastructure has to expand a lot more here."