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TECHNOLOGY SOLUTIONS

TECHNOLOGY SOLUTIONS. Doing Business in Karnataka A Private Sector Perspective. Anant R Koppar, Chairman & CEO. A N I N D I A N G L O B A L P R O D U C T S C O M P A N Y. Backdrop of Eleventh 5 Year Plan. “Towards Faster and More Inclusive Growth”

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TECHNOLOGY SOLUTIONS

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  1. TECHNOLOGY SOLUTIONS Doing Business in Karnataka A Private Sector Perspective Anant R Koppar, Chairman & CEO A N I N D I A N G L O B A L P R O D U C T S C O M P A N Y

  2. Backdrop of Eleventh 5 Year Plan • “Towards Faster and More Inclusive Growth” • “Converting potential into reality is a formidable task and cannot be achieved if we simply continue on a business as usual basis”

  3. Karnataka Status • Growth environment is reasonably good • Synergistic relationship between government and high growth sectors, though some creative tensions exist • Private sector (and most other) growth is Bangalore centric • Growth is below potential since most other constraints as identified at national level also exist in Karnataka

  4. Key Constraints • Infrastructure - Roads, Water & Power Supply : Quality & Quantity do not match requirements • Human Resource : Quantity is adequate but lack Quality for direct employment • Speed, Proactivity and ease of government clearances and facilitation for new private enterprises can improve • Inclusiveness hampered by metro-centricity of growth and education-finishing system lacunae

  5. Key Constraints • FDI attractiveness is not attractive enough • Metro (Bangalore) centric growth • regional hubs yet to attain critical mass, creating regional growth imbalance • Limited Sources for Angel / Early stage venture capital, especially for non IT sector • Cluster Development strategy needs to be re-booted & implementation needs greater focus and impetus

  6. Strategic Options • Re-evaluation of thrust areas for the state, prioritize industries and allocate proportional resources • Integrated plan for distribution of manufacturing & service industries across the regions • Infrastructure build-up to support the above • Aggressively facilitate Clusters, decongest Bangalore industrially

  7. Strategic Options • Set up Early-stage / Angel Investment funds, include non-IT • Private-Public advisory panel to guide enterprises • Bridge the employability gap and make growth inclusive • Finishing School : Create Standards / Processes • Increase employability of local population • Public-Private partnership • Create Sector agnostic special cell for tracking and competing for FDI

  8. Quality of Human Resources : Finishing Schools Human Capacity Infra-structure Policy Infrastructure : Roads, Power Focused & Regionally Distributed Growth, FDI attractiveness Strategic Impact Growth Enterprise Angel Funding, Guidance Final Thoughts…

  9. Basic services for all Comparative competitive advantage Affordable land and housing Workforce skills Inclusive Productive Social cohesion Integrated transport Access and mobility Economic infrastructure State Strategy Inter-govt alignment Financial resources Energy, water & waste Leadership & partnerships Well Governed Sustainable Human resources Effective decision-making Health Care Participatory governance Final Thoughts…

  10. Can we create “Plan Vehicles” ??? for Being Implementation-Centric Sustained accountability Transparency Create Plan Awareness in people Make plan info available (in popular formats) Final Thoughts…

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