Indian software 'an asset to Bahraini firms'
Manama, September 8, 2013
Bahraini companies can get a growth impetus by choosing Indian software and services, said a senior official of the country's software exports council.
The kingdom is an untapped market for India, one of the three largest information technology service providers in the world, remarked India's Electronics and Computer Software Export Promotion Council executive director D K Sareen.
The council is a trade promotion organisation facilitating India's electronics and information technology exports to global markets, reported the Gulf Daily News, our sister publication.
"The next wave of growth for all businesses will be driven by social media, mobility, Internet-based cloud services and applications," said
Sareen at a Press briefing held at the Crowne Plaza Hotel on Friday.
"Companies that don't take advantage of software and applications that leverage these enablers risk losing to competitors who do," the official said.
"India's remarkable success in the software industry is well-documented. Software accounts for more than 18 per cent of total Indian exports.
Technical skills and cost competency have contributed to the competitive position of the Indian software industry," he noted.
"Indian software and services are not only cheaper, but also of high quality and customisable, which is what a country like Bahrain needs," Sareen added.
The official's visit to the kingdom was part of a tour to introduce the upcoming India IT Show 2013.
"The event will be a closed door business networking event between more than 400 IT services global buyers from 75 countries and 150 Indian IT companies," said Sareen.
"We are in talks with Bahraini companies and are hoping that some of them will participate in the show. It will offer them an avenue of sourcing the best of total IT solutions for the growth of their enterprise," he added.
According to Sareen, the council will also participate in the first-ever Bahrain-India Economic Partnership Conference and Exhibition to be held from October 22 to 24 at the Bahrain International Exhibition and Convention Centre.
Bahrain-India Exhibition and Conference director Roy Mathew, who was also present during the briefing, said the expo aims at promoting trade and investment opportunities between India and Bahrain.-TradeArabia News Service