Q: You mentioned that incentives should be provided to reduce youth unemployment. What kind of incentives can the government offer
A: Infosys has developed substantially with 1.2 million individuals from 40 countries including China, Latin America, Eastern Europe, the Philippines and others. We hire people from all corners of the world. Presently, we also provide interesting internship programs throughout different regions of the world where typically 150-180 students participate in internship programs for a duration of 2-3 months. Recently, Infosys has collaborated with engineering professors from accredited universities inorder enhance their engineering education programs.
The Indian government provides tax exemptions for businesses that grow rapidly and promote the development of the IT industry. Business owners receive similar benefits when they build new factories in Mexico.
Q: Infosys's outsorcing is a service which downsizes the manpower of a company. Could you share with us how to process the consulting work during the downsizing process, and could you provide specific advice on how to create a global knowledge center
A: The profits from Market share are US $6 billion while the profits from outsourcing are US $7 billion.
We account for only 1% of the outsourcing industry, but we are seeking to expand our market as we keep or current and new customers satisfied, in addition to maintaining and futher developing the services we provide.
We also introduced the cloud computing system as a new service for our customers. If the business excells with these new values and endeavors, we should have no trouble expanding, which is our every intention.
Regarding the global knowledge center, we know what kind of data we need to collect and propagate.
Apparently, the place has not been selected yet, but if the government accepts our offer, the venue will soon be determined. Accordingly, one thing we felt strongly about is that the G20 Summit should be supported.
Global Human Resource Center will be a fine collection of best practices; virtual reality technology will be delivered throughout the world.
