Dear Mr. Bharat Kumar,
Warm greetings from Infrasoft Technologies.
Please find below pre-budget opinion of Mr. H. Tripathi, CEO & MD of InfrasoftTech. Also attached is his photograph.
Request you to use his quote for the pre-budget stories you plan to do.
Thanks.
Regards,
Joysmita Chakraborty
Senior Executive-Corporate Communications
Infrasoft Technologies Limited
Mumbai.
Tel: +91-22-6649 2222 Fax: +91-22-6649 2233
www.infrasofttech.com
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Pre-Budget Views and Expectations by Mr. Hanuman Tripathi, CEO & MD of Infrasoft Technologies:
"In the forthcoming budget, it is unlikely that many changes will come through. Primary reason being, that Parliamentary Elections have concluded in the same year where government must have maximized the sops in the previous budget.
I must comment only on Indian IT sector, being a beneficiary and a core worker for decades in this Industry.
No matter how much breast beating other industries or larger IT companies do about the sops the IT industry has received in terms of tax exemptions over last 10 years, it cannot be denied that the IT industry has returned several times bigger economic benefit to the country in the same period.
The IT industry has built international class infrastructure in the country, has ensured mass scale employment and has generated large scale foreign exchange reserves for
In the present weak sentiments of global outsourcing business, Indian IT & ITeS companies are facing massive risk of business loss, employment loss and erosion of share holder's worth and thus the loss of GDP for the country. IT industry, the most critical industry after agriculture in
From the infrastructure point of view, mid-sized companies are not self sufficient and require to live in an established community of a city closer to their employees, customers, suppliers, etc. It is not feasible for small companies to leave everything and settle down in distant SEZs. It is expected that the government will be conducive towards promoting smaller SEZs within city limits that offers smaller spaces and are reserved for smaller companies. It will be another dawn of accelerated growth when all the metros and sub-metros of the country will have multiple 10 – 15 lakh sqft SEZ places closer to the airports or the city centers.
If
About Infrasoft Technologies
Infrasoft Technologies Ltd is a dedicated software company for the Banking & Finance Industry.
It is a global organization focused on delivering high quality IPR based software products, solutions & specialized software services; in the domains of Retail banking, Investment banking, eChannels, Trading, Wealth Management, Islamic finance, Anti Money Laundering and Microfinance.
In the last fourteen years, we have served over 145+ banks & financial institutions delivering cutting edge technology for transaction automation, customer services delivery, compliance and decision support in the above domains.
We are an emerging leader in Anti Money Laundering technology space globally and are targeting a top position as a supplier of Islamic Finance Solutions in the world market. InfrasoftTech is already a market leader in core banking solution sites amongst SME Banks in
InfrasoftTech is a SEI CMMI 5 assessed and an ISO 9001 & ISO 27001 certified organization having a global foot print with operations in United Kingdom, Channel Islands, U.S.A., India, Dubai & Africa and a global Channel partner network in over 10 countries.
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