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Jan 27, 2010

Global focus is on India: Azim Premji

Jan 27, 2010
The five-day brain storming session of the World Economic Forum begins on Wednesday in the Swiss town of Davos.  Leaders from over 90 countries representing business, government and civil society have arrived to debate issues that face the global economy.
This year's meet assumes special significance because it comes at a time when the world is recovering from the worst financial crisis in recent times. Disputes over how best to reform the global financial system are set to dominate discussions this year. India Inc is present in Davos in full force and leaders say that India is on a strong platform this year.
"Global focus is on India. India is on every global leader's map," Wipro Chairman Azim Premji, Co-Chair, WEF Annual Meeting 2010, told NDTV in Davos.
 

This is what he had to say :

"Enormously, I think it has got an enormous amount of respectability today which you wouldn't have 10 years back. A lot of attention and the market of the future so the status that China got by its markets 7-8 years back, India is getting its dues today, so we are important on every global leaders and every global corporations map.
One thing that India should expect from the world is equal status in terms of voting rights. We are second to none and we should use those voting rights with judgement and maturity. I think what India should expect from the world is one obviously on the current topic of carbon emissions and containment of carbon emissions. Every country has a role to play and developing countries have an even more important role to play because they have an advantage of a situation where 80 per cent of the infrastructure is yet to be constructed. It is something like cell phones versus landlines so we can engineer it in a manner which is very carbon efficient.
Our assessment is that the worst is behind us. We are seeing a strong revival of demand starting particularly for our industry and particularly for the global delivery model and part of it is also driven by the fact that IT budgets which were there last year, a many of them got frozen and then get spent so even if the IT budgets are same level this year as last year, they will be spent."

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