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Union Budget 2016: Koichiro Koide, MD, NEC India

IT sector has seen a tremendous growth in the last fiscal globally

Published: February 26, 2016, 5:06 PM IST

IT sector has seen a tremendous growth in the last fiscal globally. Indian Prime Minister announcing the Smart cities mission, Digital India mission to promote various sectors has been really encouraging. The Government’s step towards developing smart cities is an indication that inclusive growth is the top priority. Most recently, the Indian government has been promoting its urban transformation, putting great emphasis on creating smart cities and security.

Leveraging on the power of ICT and with good governance, I believe that India will be able to achieve its goal of achieving its Smart Cities mission in the long term. We appreciate that the Indian government has taken significant steps in the last one year to promote Smart Cities and the country’s 100 Smart Cities Mission which would be an encouraging boost to companies such as NEC. (Also Read: Union Budget 2016: Here’s what Arun Jailey should do to boost power sector)

The union budget 2016 must focus and encourage investment in the IT sector to make the Government’s plan of building smart and cities safer

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