Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Outsourcing out, Collaboration in

PRESS RELEASE
ICT Delegation from India
From: India New Zealand Business Council
Date of Release: 28th August, 2014


Outsourcing out, Collaboration in

Kiwi companies have been called to scale-up in collaboration with the services of Indian ICT companies.

That was the mantra that a visiting Indian delegation of IT companies from India shared with local businesses.

Hrishikesh Nair (Rishi), CEO of Infopark -G Tech and the representative from the Government of India, emphasised on the fact that the way things work in IT sector are now changing. “It’s more about collaboration and not about outsourcing these days”.

INZBC hosted a delegation of around 15 companies in the ICT sector, led by the State Government of Kerela, India in Auckland and Wellington. The idea was to help the ICT companies engage with the Kiwi businesses where they can share their strength in technology services, delivery, testing services, etc.

Rishi, heads the state government’s initiative, G Tech, which is a technology park in Kerela, supporting the SMEs to talk to the world. He feels that the New Zealand market is still growing in this sphere and there is a lot to be achieved in the years to come. “The NZ companies have the IP and good models, and the Indian companies can provide the necessary support in skilled technicians, etc. to scale up their operations on a global scale”, says Rishi.

“A lot of Kiwi companies are still getting to know how international collaborations work, how multi-party MOUs take shape. Most of the companies in this delegation have already opened offices in US, UK, Europe, Middle East and are now looking at Australia & NZ to expand”.

He also highlighted that advantages of working with the state of Kerela, as against other states of India. “Kerela has 100% literacy rate and low attrition rates, as compared to other tier 1 cities in India, thus providing more cost efficiency and stability”.

Banu Jacob, the head of the delegation and CEO of Experion Technologies India, said, the New Zealand arm of the visit was very successful, with many companies showing interest in working with the delegate companies. Calling out to the Kiwi companies, Banu says, “If India is your ICT destination, then Kerela should be on top of your list, as we have the most educated and qualified workforce. You will not regret it!” He also said that the SME Kiwi companies can take advantage of the reach that some of the Indian companies now have globally.

This was the first time that INZBC was hosting a delegation from a state government of India. “INZBC is working closely with government agencies and industry bodies, like: Grow Wellington, ATEED, NZTE, etc. to bring together selected companies for match-making, in Auckland and Wellington”, says Sunil Kaushal, Chair of INZBC.

According to Sunil, the New Zealand market has been very positive and people have made new connections to work with. “Another thing that has come strongly is that Indian companies need partners in New Zealand, to set-up shop, just as the Kiwi companies need them, in India. So the emphasis is on collaboration”.

Sunil said, this delegation was a learning for both sides, “NZ companies have realised the reach that Indian companies have globally and Indian companies have found great technologies. So there is a very good marriage of innovation and global reach”.

The delegation was first hosted in Wellington, by Grow Wellington and Grant Thornton. “Grant Thornton were pleased to host the ICT Delegations from the state of Kerala, India in Wellington. We are very excited about the opportunities this initiative will create for NZ and Indian business”, says Greg Thompson, National Director, Tax and Jay Changani, National India Business Relations at Grant Thornton New Zealand.

The Auckland meeting was hosted by KPMG.

-ENDS-

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Housing Policy: Auckland Densification As Popular As Ebola, English Says

Finance Minister Bill English said calls by the Reserve Bank Governor for more densification in Auckland’s housing were “about as popular in parts of Auckland as Ebola” would be. More>>

ALSO:

Crown Accounts: NZ Government Deficit Smaller Than Expected In First Half

The New Zealand government's operating deficit was smaller than expected in the first six months of the financial year, as the consumption and corporate tax take rose ahead of forecast in December, having lagged estimates in previous months. More>>

ALSO:

Fruit & Veg Crackdown: Auckland Fruit Fly Find Under Investigation

The Ministry for Primary Industries (MPI) is investigating a find of a single male Queensland fruit fly in a surveillance trap in the Auckland suburb of Grey Lynn... MPI has placed legal controls on the movement of fruit and some vegetables outside of a defined circular area which extends 1.5km from where the fly was trapped in Grey Lynn. More>>

ALSO:

Scoop Business: Westpac NZ Reaches $2.97M Swaps Settlement

Westpac Banking Corp’s New Zealand unit has agreed to pay $2.97 million in a settlement with the Commerce Commission over the way the bank sold interest rate swaps to farmers between 2005 and 2012. More>>

ALSO:

Going Dutch: Fonterra Kicks Off $144M Partnership With Dutch Cheese Maker

Fonterra Co-operative Group, the world’s largest dairy exporter, has commissioned a new dairy ingredients plant in Heerenveen, in the north of the Netherlands, its first wholly-owned and operated ingredients plant in Europe. More>>

ALSO:

Scoop Business: NZ Retail Sales Beat Estimates

New Zealand retail sales rose more than expected in the fourth quarter, led by vehicle-related transactions, food and beverages, adding to evidence that cheap credit and a growing jobs market are encouraging consumers to spend. More>>

ALSO:

Delivery Cuts Go Ahead: 'Government Money Grab' From NZ Post

"It's a money grab by the Government as the shareholder of New Zealand Post" says Postal Workers Union advocate Graeme Clarke about the changes announced by NZ Post. More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news