Due to role of Corona spread, China has lost status of favorite destination for investment by global IT companies.
Recently Microsoft, Google and many other companies have announced their plans of huge investments in India and this will definitely give a boost to employment and development projects in IT infrastructure and communication media.
Ofcourse, it should be realised that its impact on business and industry will be twofold i.e. generation of new
opportunities and threat of worldwide competition with mighty
international firms
In India, due to increased dependency on financial resources, there are more threats than opportunities due to these developments. The foreign investments will open up new acquisitions, throttle local business growth and create channels for import of foreign goods and services causing damage to small industries and local business units.
However, we have huge skilled human resource available at low cost and its mobilization can transform the situation into quality improvement , capacity increase and new opportunities in export of products and services world over.The spirit of nationality and love of regional languages are main strong points for protection and growth of small indigenous units.
Educational institutes and in particular, Engineering colleges can play a significant role in protecting the local business and industry and empower them to grow in spite of competition by foreign companies.
Indian Digital Service Forum
Dnyandeep Infotech Pvt. Ltd. is a small web design and software development company, with close liaison to many educational institutes through its Dnyandeep Education & Research Foundation. The company has established good rapport with social media in Sangli and Kolhapur districts and has trained many students to acquire and utilise latest technical tool sets in Web Technology and apply them for developing websites and apps in Marathi media.
Dnyandeep Foundation has conducted many seminars in Solar and Green technology and Dnyandeep Infotech has recently started Environmental Consultancy division to mobilise its resources through contacts in this field with long track record of consultancy over three decades.
The educational institutes have ample skilled human resource in the form of students and faculty expert in various fields of science and technology and infrastructural facilities like laboratories, workshops and library. They have good linkages with local community, industries and business organizations.
A very innovative India specific Joint Venture Projects can be undertaken by the two for providing digital education services in regional languages, IOT and Environmental consultancy for nearby community as well as business and industrial sectors..
Scope of IDS Forum
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- Survey and data collection from local community about social and academic and business development needs and opportunities in applications of digital and green technologies.
- Establishing professional relationships with organisations for undertaking joint research and development projects
- Development of website portals in regional languages for exchange of information and development prospects for entrepreneurship of graduating students.
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- Development of Professional Experts and past students database and create a bridge for professional training through internship opportunities.
- To act as consultant and guide for design and monitoring govt and semi-government development projects.
- To provide liaison between MNCs, National organisations and local community for getting finance for development projects and providing digital education services. .
Dnyandeep has both company and public trust portfolios and can act as cross platform communication forum between various institutes, industries and businesses at national level. Dnyandeep Foundation has already started an open free platform for Indian Professionals and Organisations and has devised Free Lance, Work from home and full time internship programs for entrepreneurship and job placements. It doesn't have enough skilled manpower or financial resources but has an experience of working in education and consultancy fields for five decades. It also has good linkages to professionals, academic experts and people in India and advanced countries through links to past student associations.
Role of Educational Institutes
Educational institutes can become main agents for digital transformation and development of society and region in their area, if they take initiative in such joint projects and provide necessary finance and infra-structural facilities.
This will help the institutes to develop strong bonds with local community and implement sustainable business model with generation of self employment opportunities for students.
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