"Advantage AP 2012" summit in City
The Inaugural session of Advantage AP-2012 Annual IT Summit held on
21-6-2012 at HICC, Hyderabad.Sri N. Kiran Kumar Reddy, Chief Minister of
Ap, Sri Sachin Pilot,Union Minister of State for Information Technology,
Sri Ponnala Lakshmaiah,Minister for IT&C, Sri Sridhar Babu,Minister for
Food & Civil Supplies Sri. Kamat, Chairman, ICICI and Infosys, Sri Siva
Prasad, Chairman, ELIAP are also seen. (Photo by RSJ Thomas)
Hyderabad|India|June'2012: The Chief Minister Mr N Kiran Kumar
Reddy asked the officials to utilise the Advantage AP 2012 summit as a
platform to showcase the state as the most preferred IT destination in the
country. The Advantage AP 2012
summit which is being held at the HICC, Hyderabad on the 21st and 22nd of
The Chief Minister asked the officials to find out ways to widen the scope
for the students pursuing courses in IT, Computer Sciences and other
engineering streams through skill development and training. These students
should be imparted training and synchronized with the needs of the IT
industry, he observed.
Referring to the Advantage AP summit, officials informed that the state
attracts 10.05% of the nation's foreign direct investment (FDI), which
amounts to INR 121 trillion. Andhra Pradesh's has registered an
unparalleled growth in the field of information technology and business
process outsourcing. Total export revenues earned by this sector have
grown from INR 1000 crore (USD 56 million) in 1998-99 to INR 36,000 crore
(USD 8.5 billion) in 2010-11, at a CAGR of 35%.
It is provisionally estimated that for the year 2011-12, the export
performance of ICT Industry in the State of Andhra Pradesh would be around
Rs.41,000 crores. The direct IT employment created by ICT Industry in the
State is about 3.5 lakhs and it is a well known fact that one direct
employment created in ICT Industry in turn would create four indirect
employment in other services sectors.
The state generates over 30% of output of India's engineering talent
through respected academic institutions like IIT, JNTU, IIIT, BITS, ISB,
NIT etc. Hyderabad known for prestigious academic institutes and highest
concentration of research labs and 17 public research institutions.
Andhra Pradesh, through its unique value proposition of cost
effectiveness, abundant talent and maturing service delivery, has emerged
as the cornerstone for this sector, steadily increasing its market share
over the years. The state has been highlighted as a state with fast
Government permissions, and clearances according to a World Bank Report on
The 2nd edition of Advantage AP is expected to have over 500 Business
delegates representing IT Industry, IT Infrastructure developers and end
users of IT Products and Services. The two day conference will have - the
Inaugural Session, CEO Conclave-Roundtable discussions on emerging issues
of IT Industry, the Panel sessions of Government of Andhra Pradesh covers
e-Governance, Electronic Hardware, Infrastructure in AP, Product
Showcase-over 80 IT and Electronic Hardware products will be presented.
The Chief Minister also wanted the officials to speed up the work relating
to Mee Seva. The officials informed the Chief Minister that 95 per cent of
land records have been computerised and 75% records have been digitally
signed and stored in the main server.
Mr. Sachin Pilot, Union Minister of State, Sri M.V.Kamat, Chairman,
Infosys & ICICI Bank; Sri Som Mittal, President, NASSCOM; Sri
J.Satyanarayana, IAS, Secretary to GoI, DEIT; Sri Omkar Rai, Director
General, Software Technology Parks of India, GoI, Regional Heads of TCS/Computer
Associates/Genpact, will be participating as Delegates. Besides, the
Secretaries from other States dealing with e-Governance projects are also
attending. Two foreign nationals Mr.Mayasaki Samurai (HITACHI) from Japan
and Mr. Leo Annab (Computer Associates) from US are participating.