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Posted by Manish Bahl on July 11, 2014
The new Indian government announced its maiden 2014-2015 budget yesterday. Forrester views the latest budget as progressive, pragmatic, and a step toward building a “new” India. We expect the aggressive push on infrastructure and manufacturing as well as the focus on reforms to help lift India out of its economic doldrums. Here, in no particular order, are Forrester’s top five takeaways from the budget from an ICT spending perspective:
While India’s new budget provides massive growth opportunities for technology vendors and service providers, these opportunities will be tempered by one fundamental issue: a lack of execution. The role of the Department of Electronics and Information Technology is restricted to developing frameworks and guidelines rather than driving more comprehensive leadership. The need of the hour for the Indian government is to adopt the CIO role at the federal and state levels to gain maximum benefits from these promised investments.
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