Dr James E. Dodd, Chairman, ETT and leading telecom analyst based out of UK, said that the key to growth of the Indian ITES market is increased investment in a well-integrated, robust and scalable network. The ITES companies need to concentrate on their competencies while, outsourcing their networking needs to an external vendor. Speaking at the annual Second Global Telecom Summit, organized by FICCI in Bangalore, he said, "The global opportunity for ITES is projected at $ 611.4 billion and with India showing a healthy growth of 70% from FY '00 to '01 India has the potential to capture 38% of this global market-share".
"Globally India has carved a distinct niche for itself as a favorable destination for ITES services. From addressing servicing needs in automotive, banking and insurance sectors India will gradually move up the value chain and become the hub for IT enabled outsourcing in engineering, R&D, etc. But one of the key deterrents in India's growth path is the core network and the communication infrastructure. Thus to increase its competitiveness globally India has to concentrate on setting up a
world-class network. A sound network will automatically result in cost and quality benefits in the long run. In this endeavor Indian ITES companies need to partner with experts like ETT who can guarantee a reliable, well-connected network assuring them the highest service levels", Dr. Dodd added.
Dr. Dodd is a leading telecommunications investment analyst based out of the UK. He began his a career as an investment analyst in 1983. As the head telecommunications director at Dresden Kenilworth Benson (1989-1999) he undertook in-depth research into the telecommunications industry. He led the research teams during the floatations of COLT, Orange, Telewest, Energis and EQUANT. Currently he is the Chairman of ETT, a data systems integrator for global multi-national corporations. As the Chairman of ETT, he is the leading strategist in the development of ETT's global
business.
(CNS)