Monday April 22, 2019
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Modi woos German firms to invest, Make in India

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Bengaluru:  Prime Minister Narendra Modi on Tuesday exhorted German industry to invest and make in India for a growing domestic market and huge export markets the world over.

“We want your involvement in translating our dreams into reality. Our commitment to achieve the goal in an effective manner offers huge opportunities to German firms,” Modi said at a tech event in the presence of visiting German Chancellor Angela Merkel.

Flagging the opportunities, ranging from building 50 million houses to setting up 100 smart cities, the prime minister said German investors and companies could also explore modernisation of the vast state-run railway network and stations to setting up of new railway corridors.

“Generation of 175 gw (giga watt) of renewable energy to construction of transmission and distribution networks, national highways, bridges, and metro rails are among the investment opportunities beckoning the robust German industry,” Modi said.

Asserting that such a huge potential for creation and production would not be available in any one country, Modi claimed no one place on earth could offer the potential for consumption on such a massive scale.

“We are trying to power this potential through our campaigns like ‘Digital India’ and ‘Skill India’. To tap the energy fully, we have launched the ‘Start-up India’ campaign,” Modi told about 500 invitees, including a German business delegation, which came with Merkel on a three-day official visit to the country since Sunday night.

Observing that India was on the threshold of a big IT revolution, Modi said the country was at the tipping point where technology would be leveraged to meet the aspirations of 1.25 billion citizens and provide additional avenues for investment in modern technology and human resources.

“Ours is a young country and will remain so for many years. There is a huge domestic market. Unlike a decade ago, talented young minds are no longer looking for high paying jobs. Instead, they have begun taking risks and preferring to become entrepreneurs. We have witnessed exponential growth in start-ups in the recent past and some of them have begun to challenge established global players,” Modi said.

Recalling his visit to Hannover in Germany in April, the prime minister said his government was open to ideas, innovations and enterprises because never before was India so well prepared to absorb talent, technology and investment from outside.

“While in Bengaluru, I must add that it is the software of India that will move the hardware across the world; it is the talent of India that will master the technology; it is the market of India that will motivate manufacturing. Therefore, it makes strong business sense to be in India. It makes even better business sense to Make in India,” Modi added.

In her address to the gathering in German (Deutsche), Merkel offered technology and skills to make India a global manufacturing hub for domestic and export markets.

Hosted by the National Association of Software and Services Companies (Nasscom) and the German Fraunhofer Institute at a star hotel on ‘Digitising Tomorrow Together’, the luncheon session witnessed four agreements signed in the presence of the two heads of state in urban mobility solutions, solar energy, skill development and machine designing between Indian and German firms.

(IANS)

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India Post Partners TCS to Modernize its Services

It supports the HR needs of over 500,000 employees, services over 40,000 concurrent users and processes over three million postal transactions a day

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The cyber security lab was inaugurated at the Shanmugha Arts, Science, Technology and Research Academy. IANS

India Post has partnered with IT services firm Tata Consultancy Services (TCS) to become a multi-service digital hub, modernize the delivery of mail and packages, enhance customer experience and launch innovative services.

TCS on Monday said it has implemented its Point of Sale (PoS) solution across 24,000 post offices with over 80,000 PoS terminals, making this among the largest such implementations in the world.

Additionally, it has built a web portal with consignment tracking capabilities and set up a multi-lingual call centre for customer support, the company added.

To enable India Post to benefit from the burgeoning e-commerce opportunity, while fulfilling a vital social obligation, the web portal has an e-marketplace to help rural artisans, self-help groups and women entrepreneurs reach out to buyers throughout the country.

“In a digital era, postal services across the world are reinventing themselves to stay relevant to a new generation,” Debashis Ghosh, Business Group Head – Public Services, TCS, said in a statement.

Tata Consultancy Services, Vadapalani
Tata Consultancy Services, Vadapalani. (Wikimedia Commons)

“We are proud to have partnered with the Department of Posts in this pioneering, mission mode initiative to build a world class, future-ready digital platform that the nation can be proud of,” Ghosh added.

At the heart of this transformation is the Core System Integration (CSI) programme designed and implemented by TCS, the company said.

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This involved deploying an integrated Enterprise resource planning (ERP) solution that caters to mail operations, finance and accounting, and HR functions, and connects its vast network of more than 150,000 post offices.

It supports the HR needs of over 500,000 employees, services over 40,000 concurrent users and processes over three million postal transactions a day, TCS said. (IANS)