Feed a Child, Build a future
Issue 2, May 2009 Newsletter of Infinity Infotech Parks Ltd.
The program is secular, inclusive and non-discriminating as it is provided only
Mid-day meals distributed everyday
in Government schools that already have a secular policy for admission.
Uttar Pradesh 95,235 For donation and enquiry contact:
Andhra Pradesh 30,418 Ina Bose : Tel : +91-97487 52574, email@example.com ENCH
Sangeeta Jalan : Tel : +91-99033 13229, firstname.lastname@example.org MAR
Total 10,08,518 email@example.com; www.akshayapatra.org K
No child in India shall be The world's largest
deprived of education NGO-run school
because of hunger meal program
Supported by: Infinity Infotech Parks Limited www.infinityitpark.com
MESSAGE FROM THE CHAIRMAN
There is no denying the fact that we are passing through a difficult economic phase, where Let us not forget the exponential growth of the domestic BPO market in India. According
the downturn has affected nearly everybody in one way or the other. During such turbulent to industry estimates the domestic BPO market is witnessing a CAGR of 35-40%. It is
times, it is necessary to do our homework and understand whether India has really been expected to become a $ 6 billion industry by 2012. Pushing this robust growth are the
affected as perceived and the recessionary impact especially on the IT & ITeS industry of verticals such as BFSI, telecom & Government PSUs. Avendus, in its report stated about
India. the tremendous opportunity in the banking sector, which is expected to witness a CAGR
It is my considered view that the entire downturn saga is bringing a lot of opportunities of 38%. The Pune-based research firm, Value Notes Data Base has stated that domestic
to the IT/ITeS sector in India. In fact, India is viewed as a solution to the problem and BPOs will collectively employ about 5.4 lac employees in the next 4 years as against the
not the problem itself. current 1.4 lac.
The best survival tool for any business is cost cutting and the best mode is outsourcing the The twin boons of rupee depreciation and low attrition rates especially prevalent in the
work subject to its availability at cheaper rates without compromising on the quality. Till Indian IT industry provide the necessary impetus to cut costs on existing prices thereby
yesterday, cost-cutting measures were undertaken to improve bottom-lines, but today, the increasing competitiveness and helping overseas' buyers in reducing costs beyond their
main concern is of survival. Companies will reduce costs by outsourcing rather than expectations.
eliminating processes. This survival mode has resulted in an increase in business for IT/ITeS The NASSCOM-McKinsey 'Perspective 2020' reports that the Indian IT Industry has
services in India which is corroborated by several recent announcements. grown from USD 2 bn in export revenues in 1998 to USD 47 bn today, employing over
The United Kingdom's state-owned departments are reported to be awarding almost $ 2- two million people - the impact on the Indian economy remains unparalled. Driven by
3 billion worth of outsourcing contracts to TCS and other companies. Mr. Partha Iyengar, global megatrends the 2020 business scenario will create new opportunities for the industry
VP-GARTNER, stated in an article that almost 30% of the calls received in the past 3 resulting in export revenues of USD 175 bn. The Indian domestic industry will also
months from prospective clients considered offshore servicing and most of these clients experience significant four-fold growth from USD 12 bn to USD 50 bn by 2020. Global
are first-timers. Dr. C.K. Prahlad, in an interview stated that the global recessionary phase career opportunities and significant job creation in rural and non-metro areas would result
sees increased mergers and acquisitions in the financial sector which is likely to benefit the in 30 million urban employment in 2020. The last decade has seen India's technology &
outsourcing scenario in India. business services industry to flourish and let us now step up to meet the ambitions of 2020.
The recent announcement by the US Govt. on the restriction of H-1B visas has resulted At Infinity, our core competency - IT Infrastructure, has a new product range - INFINITY
in many IT companies slashing their budgets. If viewed positively, this restriction works BENCHMARK - a living, breathing green business space ready for fit-outs with openings
out in favour for India with visa-denied professionals returning to India and working for already made by stalwarts such as KPMG, Foster Wheeler, GTL Ltd., Global Infrastructure
Editor : Ina Bose
the same company out of India and contributing to the Indian economy by incurring all Ltd. & ICICI Bank. Infinity's credo is commerce with a conscience and the Osho World
Dy General Manager
the expenses in India instead of the US. Shop, the meditation centre at Infinity Benchmark will help the tech-driven Sector-V to
US President Barack Obama's tax proposals have left an impact on the Indian IT industry. balance one's technical side with their spiritual one!
INFINITY INFOTECH PARKS LTD.
I feel that India's share of US investments is miniscule compared to that around the world. To end on a happy note - the Indian growth story is intact & strong and we will be the
INFINITY Tower II, Plot A3, Block GP
The proposals are more in the nature of pretentiousness and that it was not intended at first to rise from this recessionary phase.
Sector-V, Salt Lake Electronics Complex
curbing outsourcing of work by US firms to Indian companies. US companies have
Kolkata - 700 091, India
subsidiaries across the world and more than 50% of their revenues are coming from outside
Tel : +91-33-23573686
the US. The US move is to ensure that the large profits kept outside are also brought into
Fax : + 91-33-23573687
the tax net. President Obama is intending to collect those taxes to create more jobs in US. RAVINDRA CHAMARIA
Moves to reduce the tax breaks for US companies that create jobs offshore is neither Chairman & Managing Director
website : www.infinityitpark.com
intended for India nor impact its software and outsourcing industry. Infinity Infotech Parks Limited
Headlines New Venture Incredible India Glorious Bengal NASSCOM Study Sector-V News Infinity News Infinity Cares
INFINITY BENCHMARK ..........2 IT SEZ AT SILIGURI .............6 GARTNER STUDY..............8 GUEST COLUMN ...................10 McKinsey REPORT ...................18 FOSTER WHEELER ............21 EVENTS .................................. 23 AKSHAYA PATRA ..................30
NEWS FROM INDIA...............9 NEWS FROM OVERSEAS .........14 NEWS FROM Sector-V ...........22 PARIVAAR ASHRAM................35
NEWS FROM BENGAL .........15
Better Indoor air quality
ensuring more productivity Management
and low attrition
Energy efficient equipment upto
30% reduction in energy costs
profitable and healthy
Efficient usage of water.
Upto 30% water saving
Headlines he success of Infinity Think Tank - the first IT Building targeted towards Platinum level Certification of
empowered workspace in Sector-V : inspired our the US Green Building Council. The building is
mind and soul to create something new that will environmentally friendly providing energy efficient
set new benchmark in IT and ITeS space. equipment, recycled materials and efficient usage of water.
Benchmark makes IT green by reducing energy and water
We are proud to present Infinity Benchmark ! Designed
consumption by 30%. Healthy indoor air quality is
in the Golden ratio, it is an infrastructure created with a
maintained by CO 2 monitoring sensors, intelligent
lot of emotional quotient and tailor-made to suit the needs humidification controls and by treating fresh air as per
of the IT and ITeS industry. Situated at the heart of Kolkatas ASHRAE norms. Rain water harvesting and waste water
IT Hub, Salt Lake, Sector-V, Infinity Benchmark is a Green recycling is done for landscaping. Energy efficient equipment
and design orientation is done for minimizing
heat load and maximizing natural light in
work areas. State-of-the-art IBMS is used for
optimizing energy performance thus giving
an energy reduction of 35.57 %.
This 5,60,000 sq ft IT empowered workspace
is designed to cater to around 5000
professionals per shift. The building houses
a next-gen business centre with conference
& meeting rooms and secretarial services.
Completely fitted out ready to move in IT Office Interior
workspaces are offered to start-up IT ventures.
Infinity Benchmark has a multi-level car
parking zone to hold approximately 400 cars,
a food court, coffee shop, pharmacy, bank
and fitness & meditation centres. We are
proud to have ICICI Bank, KPMG, Foster
Wheeler Bengal, Shapoorji Pallonji, GTL
Infrastructure, GTL Ltd., Kobelco Machinery,
Amrit Feeds, Firepro System, Shrishti Resorts
& Multiplexes, Embee Software and Uniworld
Edutech, as our honoured clients at
Benchmark. The Food Court Lobby
VENTURE IT SEZ
IT SEZ at Siliguri S
iliguri, the commercial nerve centre of North Bengal of showcasing a roadmap to achieve uniform economic
New Venture is also the transit point for air, road and rail traffic to development in India.
the neighbouring countries. This Tier II City has inherent
Videocon has chosen Infinity Infotech Parks as co-developer
Infinity & Videocon Realty Sign MoU for SEZ advantages such as physical connectivity, land availability
for its proposed SEZs in the state. Videocon Realty &
& urban and social infrastructure. NASSCOM-A.T. Kearney
Infrastructure has signed an MoU with IIPL a joint venture
study on 'Location Roadmap for IT-BPO Growth' reveals
company christened Videocon Infinity Infrastructure Pvt.
that from a talent perspective, there may be a requirement of
employable talent, of which approximately 50 per cent of the Ltd. for implementing the former's SEZ ventures. The first
additional talent requirements will have to be met from Tier SEZ venture from the Videocon-Infinity alliance would be
2 and 3 cities in India. This study provides a detailed gap on 25 acres of land in Siliguri which already has formal SEZ
analysis along with advantages and shortcomings of 50 locations, sanction from the BoA. 50% of the land area would be used
Siliguri happens to be among these, with available opportunity for developing 30,00,000 sq ft of IT infrastructure leaving
for attracting investment from this sector with a deeper objective 50% for roads, landscaping, social infrastructure and training.
INDIA GARTNER INDIA NEWS
STUDY FROM INDIA
Dun & Bradstreet projects 8% growth
story for 2009
India is expected to grow by 8% in the current
financial year driven by the robust growth during
the first 6 months, research firm Dun &
Bradstreet said. "We had, earlier, projected an
8% growth for the financial year 2009 and we
maintain that. Though there has been a slated
fall in the optimism level, the momentum of
the first 6 months will see us through this fiscal,"
Dun & Bradstreet India Chief Operating Officer
Kaushal Sampat said. Saying that the current
credit crunch and global financial turmoil will
impact the growth to some extent, Sampat said
India has the capability as well as the momentum
to tide over the crisis. India Inc's business
optimism in the last 3 months has declined substantially. Dun Bradstreet, in its latest
report, said that the composite business optimism index for Q4 2008 stands at 138.9
Future Bright for Indian points, a record decline of 28.1% on year-on-year basis.
Source : PTI
IT Market Study by Gartner
IT end user spending in India is expected to grow at smaller cities, and will continue to drive growth,
a CAGR of 14.8% from 2007 through 2012 to especially for desktops.
generate $110 billion in 2012, says Gartner Inc. This The total Indian software market is expected to register
prediction, supplemented by a robust GDP averaging
8.08% growth from 2007 through 2012, means the
the third highest CAGR of 16.3% for the forecast India 2nd preferred FDI destination
period of 2007 through 2012. India's domestic IT
Indian market depicts a significant growth opportunity services is the fastest-growing market in Asia Pacific
for IT vendors. According to Gartner, India is poised India has retained its position as the second
with a CAGR of 20.2% reaching $11.8 billion in
for double-digit growth across many vertical markets, most-preferred global location for foreign
2012. The market is fragmented & competition will
with financial services & communications organizations investment in 2008 and will continue to do so
intensify with new players entering into the field,
spending the most on IT, followed by services, till 2010, lagging only behind China, the United
forcing providers to find their market niche and
manufacturing and government. By 2012, the Indian Nations Conference on Trade and Development
differentiation to win deals. By 2012, Indias
market will ship nearly 24 million PCs, of which more (Unctad) has said in World Investment Report
telecommunication market is expected to reach $52
than 50% will be mobile PCs, predicts Gartner. 2008. Foreign direct investment (FDI) inflows
billion growing at a CAGR of 26.8%. India will remain
However, Gartner expects that the rapid growth of into the country will continue to show the
a wireless and voice-dominated market until at least
mobile PCs will outstrip the share of desk-based PCs 2011, and wireline technology will take a back seat. robustness seen in the past couple of years despite
in the home segment. By 2010, mobile PCs will Broadband penetration will be above 7% by 2012 & the global financial crisis that many feel will
contribute 51.8% of total shipments and will rise to Wireless based solutions will be the growth drivers. impact economies across the world.
61.4% by 2012. PC penetration is increasing in India's Source : By CXOtoday Staff Source : Business Standard
For West Bengal, the strong points are cost competitiveness,
growing infrastructure, forward looking policy and abundant
talent pool. The CPI for urban non-manual workers in
Kolkata is still among the lowest among cities like Hyderabad,
Bangalore, Mumbai and Pune, if not the lowest. Similarly,
costs in Kolkata are 12% lower than that of suburban
Mumbai and also lower than that in Hyderabad, Chennai,
Bangalore and Delhi. Even during these hard times, road
infrastructure is being up-scaled; and the IT hub, viz.,
Sector-V and Rajarhat are witnessing a construction boom.
Furthermore, the IT industry has been granted the status
of a Public Utility Service. There are relaxations in building
and zoning laws, provision for IT units establishment status
under the Shops and Establishments Act and the industry
is allowed self-certification for specific enactments. Most
importantly, in this age of terrorism, the IT hub in Kolkata
is relatively safe, and even for women employees who have
to work late hours.
The vision of the State is to account for 15% of the total
IT exports from India. The IT sector in the State is growing
at a rate of about 70% per annum, higher than the national
average growth of 35- 37%. Kolkata has also become home
to big names in the IT space and some of the companies
headquartered in the city have clients ranging from the
organizers of the Beijing Olympics to several Fortune 500
companies. Importantly, the range of services offered and
business domains operated by IT companies here are huge.
On the one hand there are development companies, while
Future of the IT Industry
on the other we have renowned consultants, analytics
companies and ITeS units.
In such an upbeat scenario, the global recession has,
in Bengal Guest column
undoubtedly, been a cause of worry; but what is most
encouraging even in times of gloom is that jobs are available
(both entry-level as well as the mid-senior managerial level).
Mr. S. Radhakrishnan :
The predicted addition of 20,000 jobs in 2008 in the IT
Geography has made us neighbours. History has made us So, how does the future shape up for IT in Bengal ? One
Mr. Sudarshan Radhakrishnan, MD, DPSC Limited sector in Kolkata might have to be reviewed. But judging
friends. Economics has made us partners, and necessity has aspect is clear even as the $40 billion IT export services (Premier Power Supply Company in West Bengal), an by the quick growth of IT infrastructure and office space
made us allies. Those whom God has so joined together, industry waits for fresh IT budgets from global companies alumnus of St. Xavier's, Kolkata, joined DPSC as it looks like there might not be a great deviation from this
let no man put asunder. John F Kennedy - with US accounts for over 60% of the business, there will Company Secretary at 26 and went on to become the
earlier estimate. The State currently has about 300 small to
be cost pressure on IT. Yet, IT infrastructure is a core MD. He was instrumental in forming a separate
Geography, history, economics & necessity are at the core big sized companies and employs around 55,000.
necessity, and the present projects (in the development and Company titled DESCON Ltd in March, 1995, a
of all key issues in politics, social existence and of course knowledge based consultancy Company in the field of
maintenance phase) may not be hard hit. Focus would also According to the companies, factors like excellent resource
in business. It is the IT sector, which repositioned West IT, ITeS, CADD/GIS, Power Engineering &
be on cost management and productivity per employee. pool of highly skilled manpower, supportive business
Bengal on the business map of the country. After all, local Consultancy, BPO and Training Solutions. He was the
environment and low operating costs, have motivated them
business successes led to infrastructure development, higher No wonder, the IT industry is understandably cautious. President of The Bengal Chamber of Commerce &
to escalate investment and operations in this part of the
consumption, and the re-emergence of Kolkata as a At the employee level, one could expect companies here, Industry for two consecutive years in 2007 and 2008,
and presently, is the Chairman - Eastern Region of country. These aspects would not change with recession and
happening city. Yet, it is globalization, that created the with major exposure to the North American and European with the fundamentals so strong, it will only be a matter of
Electronics and Computer Software Export Council,
rapid escalation of the present financial crisis, flattened markets, to cut the onsite allowances of employees deployed Govt. of India. time, when the entire sector is back on its feet. What can
large economies and bankrupted gigantic corporations. at clients' offices abroad by as much as 25% - 30%. happen in the short term is firming up of salaries.
the company policies but what one should also look at is, that perhaps by doing
this, the recruiter actually saved many jobs and that too jobs given to freshers,
who are always more prone to get the pink slip in case of lay-offs. Overall,
companies would have to reduce salaries and employee perks. But, as has been
stated above, the important thing is that Indian companies are not as trigger-
happy as abroad. If in order to minimize retrenchment, salaries are cut, then
We realize that as businesses grow, so do their requirements The emerging satellite IT destinations in West Bengal are so be it. In the extreme case of course, retrenchment is an option, which would
of fresh recruits. The technical talent pool needed to sustain Siliguri, Durgapur, Kharagpur and Haldia. Educational be visited only as a last-resort.
the IT growth will need to grow to cover the expected institutes (engineering colleges) have come up in these
On the other had, companies are into the restructuring phase. Recessions are
shortfall of graduates by 2010, by which time 175,000 new centres and they are on the Golden Quadrilateral network
the times to take stock, assign people to tasks based on their skills and maximize
ITS jobs are to be created, while it is expected that 230,000 and also have fast-track railway connectivity.
productivity . This would, in turn, ensure that the human resource utilization
jobs are to be created in the ITeS sector. In the long term, In short, IT is here to stay and the Government is doing in each organization is optimal. Similarly, organizational processes need to be
West Bengal is likely to face a talent crunch. There is likely its best. New IT companies are making West Bengal their revisited and the weakest link has to be identified. These steps will make an
to be a 40% shortfall in the number of engineers graduating home. However, we do need land and more space at less organization more durable. Shaping the future is the responsibility of the
from West Bengal. On the other hand, growth in the ITeS price. Bettering the educational standards, improving soft present. The same is true for the IT sector. Change management is the key and
industry would result in creation of significant number of skills and uplifting the quality of graduates are also the the stakeholders in the IT space in West Bengal are looking ahead to a great
new jobs for non-engineering students. However, there is needs of the hour. Training of teachers is a must and a future, recession notwithstanding.
an expected shortfall of over 30,000 Commerce graduates strong academia-industry relationship is required to bridge
from the State by 2009. the gap.
The other aspect that one should think about is requirement Amidst the hype & promises, the shadow of recession
of land for expansion. It is estimated that by 2010, the cannot be ignored. In times of boom, people take jobs and
land shortage will touch 1700 acres. Immediately, we need salaries for granted. Companies do not hesitate to raise
about 800 acres of land. The New Town area and their expenditure towards employee benefits and salaries.
Jagadishpur are possible locations. But the scouting work In times of crisis, the value of each job needs appreciation
and construction thereafter has to begin soon. On this and one really has to savour the job he / she is in. Newspapers
front, a positive development is the move by the IT have reported that graduate engineers have been employed
Department of the State Government to look at other cities by an organization only to be shifted (albeit temporarily)
in West Bengal for development of IT and related industries. to BPO services. In such a scenario, it is easy to criticize
BENGAL NEWS FROM BENGAL NEWS FROM
Infotech tier-II tag may work
in Kolkata's favour
West Bengal's sunshine sector is poised for brighter days
even as darkness looms worldwide. Here's how. Ever-
since all hell broke loose on the western financial front-
the state's IT sector has been getting strong investment
signals. Even in the days of global gloom, two IT BPO
majors - Quatro & ICICI Infotech - are currently
negotiating with the government to set up shop here.
Kolkata's credentials as a low-attrition, low-cost, high-
output city will work in its favour when the worldwide
cry is to cut costs. American companies that have been
outsourcing to tier-I IT cities like Gurgaon, Banglalore and Hyderabad, are
forcing Indian BPOs to reduce costs drastically. Such IT firms will automatically
turn to Kolkata & Pune. So, business will flow to cities like Kolkata.
IT minister Dr. Debesh Das has no second thoughts. "This is a golden opportunity
for us. We must make the most of it so that Kolkata emerges as the next BPO
destination," he said.
European Architects marvel at Source: TOI
modern landmarks of Bengal Kolkata initiates for all green
The City of Palaces has new architectural icons. Victoria them to prepare a future map of Kolkata. Sen, specialist
The new Central Business District at New Town,
Memorial, Shahid Minar and National Library have given in master planning university campuses, townships, IT
Rajarhat has been designed with an environment
way to City Centre, Swabhumi, ITC Sonar and Infinity parks and architectural design of various offices, has been
Building. Amsterdam Centre for Architecture (ARCAM), friendly green theme with a unique fusion of the ethos
entrusted with the job. During the festival, which started
a leading forum for the best architects of Europe, finds of Dalhousie Square & Esplanade in the city and
at the Dutch capital on November 14 and continued till
these new structures to be architectural wonders and new unlike these two business locations, the brand new
January 24, discussion were held on the lack of inadequate
landmarks of the city. According to ARCAM, these along business district will be wrapped in lots of foliage &
facilities in the fields of infrastructure, sewerage and housing
with the Kolkata Riverside residential project, Merlin leafy trees and green corridors. A huge 200 hectare
in most Indian cities along with an exhibition on street life
Tropical Greens, Burdwan Road condominiums and a few green field, like one in Maidan at the heart of Kolkata,
and traffic here. "The social character of a city has always
others are exceptional works of modern architecture. The is planned alongside the CBD and IT Knowledge
been in the foreground of its development. There are
selection was made at an architecture conference in Corridor at New Town.
Amsterdam recently. Urban designer and planner Ayan enough wetlands in Kolkata, where other cities are lacking
such facilities," Sen said. The city urban planner informed In line, the software major Infosys has decided to create all its future campuses
Sen who represented Kolkata at the Building India Festival
that the people of Amsterdam were keen on seeing following environment friendly and green buildings norms. The company
in Amsterdam, said, "India is booming and the whole
world is watching. The aim behind this festival is to integrate architectural works in Indian cities. "European architects plans to make its facility at Kolkata on a 90 acre plot near Rajarhat-New Town.
regional thinking with the best of international practices appreciated our works and they have shown interest in The company feels that though the green building typically cost more but the
and systems, which are the founding pillars of the trade." doing business with us. We also spoke to them about future economic pay back is much higher over a period of time and also it serves the
While Sen and his team depicted pictures of the city's development of our city," Sen said. corporate responsibility to contribute to a pollution free society.
glorious past as well as the present, ARCAM has asked Source : Hindustan Times Source: DIT, GoWB Newsletter
BENGAL NEWS FROM BENGAL NEWS FROM
Bengal looks beyond recession BUAcKLab Concept
In prevailing economic downturn, though IT growth
in West Bengal is slowed, the state is expected to record
a growth rate more than the national predicted growth
rate. IT in West Bengal grew around 43% in dollar
terms against the national growth of 29% during the
last financial year. During the recession time, the state
plans to give more emphasis on development of IT
infrastructure and human resource, so that it is ready
when recession subsides. The state govt. has already
started construction of IT incubation centers in Kolkata,
In line with the current business strategy of initiative is one of its first kinds in the eastern
Durgapur & Siliguri; some of them are expected to Acclaris of 'bringing work to people rather part of the country which has created the
be completed by the end of this year. Some more projects of similar nature are than people to work', they are setting up satellite opportunity to impart theoretical & practical
expected to commence in Kolkata and Kalyani soon. The state is also planning service centers. To ensure steady supply of training to selected University students for a
to build an Animation Park. Some of the leading companies of national and qualified & trained manpower, they have challenging career in KPO which is being
international repute have evinced interest to be located there. In another started scouting for Universities/Institutions, considered now as the sunrise Industry for
initiative the IT Dept. has joined hands with different universities in the state with whom they can partner to start a
tomorrow. The KPO Lab is being operated
to produce more industry ready people. The state is also promoting Finishing customized learning initiative. The innovative
under the "Center for Human Resource
Schools for engineers. strategy was to create a permanent source of
Development" (CHRD) of BU which has been
good manpower ensuring low cost, high
Source: DIT, GoWB Newsletter recently set up with an objective of bringing
readiness, and long-term retention bundled
with scalable standardization to ensure active together the industry & academia with the
reciprocity, reducing the risks of attrition. The view of making its students "Industry Ready"
initiative is different from the general ones and and consequently, more marketable for
contribute to the company's existing Corporate employment through real life guidance from
Social Responsibility as they intend to promote the Industry experts. The few students who
Dhunseri IT Park training & learning to the community at large are not absorbed by Acclaris after completion
through this "Finishing School" concept. The of the 3 months training are free to take up
The Dhunseri group is setting up an information
journey first started with Burdwan University, employment in any other BPO/KPO company
technology park at Bantala SEZ at a cost of Rs. 130 which is one of the most prestigious institutions on basis of the certification.
crore. The foundation stone of the proposed IT park for higher education in Bengal.
was laid by West Bengal Chief minister Buddhadev Dr. Debesh Das believes that this would be
Acclaris Business Solutions Pvt. Ltd. in
for the 1st time that the software companies
Bhattacharjee. Chairman of Dhunseri group C.K. collaboration with The University of Burdwan,
are entering into such partnerships with an
Dhanuka said that the park would have a built-up inaugurated their Joint Learning Initiative in
the form of a Knowledge Process Outsourcing University outside the city. Siddarth IAS,
area of 7.19 lakh square feet which would house nearly Principal Secretary (IT & Biotechnology),
(KPO) Lab, named "BUAcKLab" within the
7,000 IT professionals. He said that the first phase Govt. of WB says that the strategic partnership
premises of the University on August 20, 2007.
would be completed within a span of 36 months by It was flagged off by Dr. Debesh Das, Honb'le would surely help the State to cater the needs
2011. Minister-in-Charge, Dept. of Information of companies investing in the State. Even non
Source : PTI Technology, Govt. of West Bengal. This IT graduates would get jobs in this sector.
GLOBAL MEGATRENDS WILL CHANGE
By 2020, Several global megatrends in economic,
demographic, business, social and environmental will create
new opportunities for the industry by 2020 in:
New verticals: public sector, healthcare, media and utilities
(which have adopted global sourcing only to a limited
New customer segments: small & medium businesses (SMBs).
New geographies: greater outsourcing in BRIC, GCC,
Japan and Rest of the World (ROW).
ICT DRIVEN SOLUTIONS
Healthcare : 50% of Indians do not have access to primary
healthcare. Technology can deliver healthcare at half the
Financial Services : 80% of Indian households do not have
bank accounts. Technology can enable access to 200 million
Education : India faces a 3-fold shortage in teachers.
Technology can address this through remote solutions.
Public Services : 40-50% of public food distribution in
India doesnt reach targeted groups. Technology can ensure
These new opportunities will result in export revenues of
USD 175 billion by 2020. On the back of these megatrends,
the Indian domestic industry too will experience significant
growth and record a 4-fold increase in revenues from USD
12 billion in 2008 to USD 50 billion by 2020.
OPPORTUNITY TO TRANSFORM
NASSCOM PERSPECTIVE 2020 DECADE IN REVIEW
The evolved landscape of 2020 will present transformational
opportunities for the Indian technology and business services
industry. India will emerge as a top three global innovation
GDP : offset 65% of Indias cumulative net oil hub with a focus on clinical research, mobile applications
Outlines Transformation Roadmap for The Indian Technology and imports. and energy efficiency/climate change solutions. Through
Business Services Industries Employment : 45% of incremental urban innovative business models, this sector will also redefine its
employment (direct and indirect); over 30% customer value proposition and capture growth from
The NASSCOM- McKinsey Report Perspective 2020: The Indian IT industry has grown from USD 2 billion women employees; 45% new entrants. currently untapped markets. In addition, harnessing ICT
Transform Business, Transform India, outlines the roadmap Education : 6-7x increase in tertiary education based solutions will help drive inclusive growth by uplifting
in export revenues in 1998 to USD 47 billion today,
for the Indian Technology and Business Services Industry. in top 7 states that account for 90% of industry 30 million citizens each year.
employing over two million people. Its impact on the
The report is based on extensive research conducted over exports. CHALLENGES THAT EXIST TODAY
Indian economy and stakeholders, including customers
a year by McKinsey & Company. Customers : Annual savings of USD 20-25 The four major challenges which exist today include
and employees, remains unparalleled. Today, the industry
The report factors in the current economic environment billion in 2008 alone. employability, infrastructure, favourable policies and
recognizes that the next decade will be fundamentally competition from other low cost countries. Low
and identifies opportunities arising from them. It outlines Image : Established India as a global business
specific measures that the industry, NASSCOM and the different from the last one, owing to a radically restructured employability of existing talent with only 10-15%
destination by forging relationships with 75%
Government will need to undertake over the next 12 years global economy; rapidly evolving customer needs, services employable graduates in business services and 26% of
of the Fortune 500 companies.
for the industry to realize these opportunities. and business models; and rising stakeholder aspirations. employable engineers in technology services continues to
STUDY McKINSEY SALT LAKE FOSTER
Foster Wheeler at Infinity Benchmark
be a major bottleneck. Infrastructure development is Global career opportunities due to location
largely constrained to the nine cities, which contribute independent models
more than 95% of Indias exports and development Infrastructure :
of tier 2/3 cities has not taken off in a planned manner. 8-10 satellite townships around Tier - 1 cities
The lack of a supportive fiscal environment with a
long-term policy framework is also leading to FIVE FOLD VISION
competition from other low-cost countries including Build a pre-eminent innovation hub in India
China, Philippines and from Eastern Europe with Increase the number of Ph.D. holders to 200,000
potential erosion of the India opportunity. by 2020
CALL FOR ACTION Allocate 2% of national budget for research
In the next 12 years, industry stakeholders need to act Catalyzing growth beyond today's market
together in an unprecedented manner. Perspective Industry to focus on new geographies, verticals and
2020 details an action agenda for the industry, capabilities
government and NASSCOM to realize the industrys Build the domestic market Foster Wheeler, a multi-billion dollar global engineering into major international projects with access to all the
potential. contractor and licensor, listed on the NASDAQ stock leading edge technologies, tools and work practices
Trusted global destinations for professional services
In conclusion, Indias technology and business services exchange, is rapidly expanding its operations in Kolkata of its parent company.
World class standard in governance and risk
industry has flourished in the last decade. However, management through its wholly owned subsidiary Foster Wheeler
FWBPL has established a world class office at the 13th
industry stakeholders will need to break out of the Bengal Private Limited (FWBPL). FWBPL operates
Build urban infrastructure in 10-15 Tier II, III cities Floor of Infinity Benchmark from where it has been
traditional mould that resulted in past successes and as a high value engineering service provider to its
step up to the aspirations of 2020. Harnessing ICT for inclusive operating since November 2008.
parent, Foster Wheeler USA Corporation, based in
Create National Information Infrastructure
IMPACT ON INDIAN ECONOMY IN 2020 Houston, Texas. FWBPL presently employs 120 qualified engineering
Blueprint for IT enabled solutions for public services
GDP : FWBPL was formed in 2008 through the acquisition and design personnel. The company has strong growth
6% of annual GDP; 28% of annual exports of Quotient Engineering, Inc. (QEI) which had been plans in the coming years, creating exciting
High caliber talent pool of over three million
Employment : professionals operating at Infinity Think Tank Tower 1 since 2001. opportunities for Indian professionals. FWBPL not
30 million urban employment (direct and indirect) Enhanced private participation in education QEI already had a reputation as a high quality provider only has an excellent work culture but also provides
Significant job creation in rural and non-metro areas Build specialized talent pool/global workforce of cost effective engineering services, and the merger its employees an atmosphere which promotes career
50% of workforce will be women Source : NASSCOM with Foster Wheeler has allowed QEI to transition growth, personal development and global exposure.
SALT LAKE NEWS FROM NEWS EVENTS
Leading global analyst now at
Salt Lake Sec V
Display Search, world leader in market research
& consultancy, has just forayed into the Indian
and IT manufacturing, is headquartered in Austin,
Texas, with offices in various parts of the US, the
Corporate Social Responsibility
and South-Asian arena. European Union, Japan, China, Taiwan and
The Texas based company's operations will be
especially significant in the context of the global
Korea. Their clients range from Wallmart to LG
Electronices." We thought we should now be in
Meet Engaging Society, Enhancing Competitiveness through CSR
meltdown that would generally augur India. Our very presence here signified the
Indian businesses have realized that, in order to develop Meet in Kolkata under the theme "Engaging Society,
despondency around the knowledge based subcontinent's growing importance in the
and grow, they need a more holistic approach and inclusive Enhancing Competitiveness through CSR". The real
industry. N.R. Banerjea, Chairman, Webel, told manufacturing industry," said Indrajit Ghosh,
business model, having a direct correlation with the business question about CSR is not 'when' but 'how'. The immediate
TOI "West Bengal will continue to attract the company's director in Indian & South-Asia
performance. This includes a system of triple bottom line agenda for all businesses is to weave CSR into their system
investors in the knowledge sector. It's a matter markets. Ghosh will be responsible for the
reporting encompassing economic, social and environmental, & processes; it has to be embedded in the business,
of pride that Display Search has chosen Kolkata development of India & South Asia research for
and a focus on transparency and accountability. Innovative influencing decisions on everything from sourcing and
as its South-Asian Center." Banerjea linked it to Display Search, which intends to tap the emerging
partnerships among businesses, governments and the civil strategy.
the Prime Minister's look-East policy, saying that markets of LCD television market. "This key
society hold the potential to enhanced quality of living A successful model, Akshaya Patra, the largest NGO-run
the principle behind the policy would make sense region has unique market dynamics and the
through better access to essential services. In the process, School Meal program spread across seventeen locations all
to investors and bring them to strategically located demand for a local supply of displays continues
successful companies have integrated over the country feeding almost ten million
Kolkata. The leading global analyst, which also to evolve," said Ghosh. themselves with the community and cashed children in Government schools was
advises world biggies for investment in electronic Source : TNN
in establishing market opportunities for presented by Shri Shridhar Venkat, ED.
themselves. Good CSR practices spread The Foundation is a case study that showed
goodwill, thereby boosting the company's
Acclaris India reputation and facilitating a stable social
how the project leverages technology and
innovations to maximize operational
environment, conducive to investment and efficiency and brings in industries to
Acclaris India finds a place in NASSCOM's year. The company has grown remarkably trade. support the cause as their CSR activity.
list of emerging companies to work with. and presently operates in India out of offices
Confederation of Indian Industry (CII) Infinity is a proactive supporter of The
This is an exercise conducted by NASSCOM in Kolkata, Siliguri & Visakapatnam. The
with the support from Department of Self Akshaya Patra Foundation. Smt. Nandita
in partnership with Right Management India. company has partnered with different
Help Group and Self Employment, Chatterjee, Principal Secretary, West Bengal
Acclaris is primarily focusing on the Health universities in West Bengal to help them in
Government of West Bengal organized the School Education Department also graced
Care segment and expects to grow 50% this producing the right talent for the industry.
Corporate Social Responsibility (CSR) the session.
NEWS EVENTS NEWS EVENTS
CEO Summit NASSCOM initiative VLSI Design & Entrepreneurship
CII Eastern Region in association with the Dept. of IT,
Govt. of West Bengal, organized a conference on VLSI
Design and Entrepreneurship at ITC Sonar, Kolkata.
The theme of the conference was "Chip in the Value
At the Inaugural Session, Mr. Sandipan Chakravortty,
Chairman, CII, Eastern Region, emphasized on the gap
between the demand and supply of engineers in the
Semiconductor Industry. Its estimated that over 8 lacs
VLSI Engineers will be required by 2015. Mr. Arup
Dasgupta, MD, Metalogic Systems Pvt. Ltd., threw light
on the important role played by Dr. Debesh Das, IT
Minister of West Bengal to develop in the VLSI arena.
The National Association of Software and Services Companies (NASSCOM), Mr. Dasgupta emphasized that India should be more of
trade body of the Indian IT-BPO industry organised its first 'CEO Summit' in a design hub, than a manufacturing hub. The conference
Kolkata. It addressed key issues in the industry today and evaluated the measures enriched from Dr. Pradip K. Dutta, Corporate VP &
that will place the Indian IT-BPO sector for its next phase of growth. MD, Synopsys India, as he clarified that it was time for
India to take semiconductor as a national mission focusing
Speaking about the focus and objective of this event, Som Mittal, President,
not only on the manufacturing, but also on the R&D,
NASSCOM said. " It is critical for the industry to come together and evaluate, manpower and material research. Ms Poornima Shenoy,
address the problems facing the sector and identify new opportunities to ensure President, India Semiconductor Association, emphasised
sustained growth going forward. "With focus on green technologies and practices, the fact that semiconductor companies come to India
NASSCOM is emphasising on green buildings, green computing infrastructure not only for cost arbitrage but also for scalability and
and E-waste management. NASSCOM's Green IT Strategy is broadly aligned quality manpower. Dr. Debesh Das, Minister of IT,
Govt. of WB, updated the audience about the new
along the following three vectors, and covers the following aspects including -
policies that the Government has adopted to promote
make IT green, make green happen through IT, and make green warriors. "We
and encourage IT SMEs. The crux of the seminar was
are also pleased to formally announce the launch of NASSCOM's Green IT when Dr. Das emphasized that for India to come up as
Initiative. We expect Green IT to become an integral component of a firm's a powerful semiconductor hub, it was necessary to invest
business strategy and this initiative will play a critical role in helping the Indian in newer areas of implementation of the VLSI technology.
IT-BPO industry to collaborate and become a global leader in addressing This is aptly possible in our state with the availability
environmental issues proactively," Mittal added. NASSCOM also shared an update of a vast quality talent pool. This would also create global
opportunities for the state's workforce.
on its key initiatives and programmes which include education, security, Global
Trade Development Program (GTDP), and membership services. A MoU was signed between Metalogic Systems Private
Limited and Calcutta University under the aegis of CII,
Positioned as an exclusive gathering for CXOs with the theme
by which Metalogic Systems would sponsor several
'Beyond Horizon', the two-day event provided a platform to meritorious students for the postgraduate M.Tech VLSI
meet, strategise, network and capture 'out-of-the-box' ideas. course of the Calcutta University.
NEWS EVENTS NEWS EVENTS
INFRA EAST The theme of this year's Infra East, held on January
21, 2009 at the ITC Sonar, Kolkata by CII-Eastern
BCCI Seminar During recession a sustained focus on the working
of the IT sector & IT budgets including IT
PPP-Developing through Partnership Region was PPP - Developing through Partnership. Impact of Global Financial Crisis on IT infrastructure was necessary. An endeavour of the
The chief guest of the programme was Dr. Subas Bengal Chamber sponsored by Infinity initiated a
Pani, Secretary Planning Commission, Government dialogue and devise common strategies that could
of India. The sessions of the conference addressed be followed in IT businesses & applications /
infrastructure. Siddharth, IAS, Principal Secretary,
the issues like enabling factors behind a successful
Dept. of IT, GoWB was the Chief Guest &
PPP initiative, how to source funds for making it
Inaugural Speaker. Dr. Shanto Ghosh, Principal
happen and some developmental templates for faster
Economist, Deloitte Haskins & Sells, focused on
adoption of a project. moving up the value chain. Mr. Guenter
The inaugural session flagged the importance of zeal Wehrmann, Consul General, Federal Republic of
and passion, which made the initiative like Gujarat Germany shared the overseas perspectives and
vibrant a success, on the other hand, Nano Project, focused on the opportunities & challenges facing
in West Bengal a failure. Mr. Sandipan Chakravortty, Indian IT companies in Germany. Even in these
Chairman CII-ER, clearly told that this present difficult times, there were 80,000 IT openings in
recession is more a panic and part of a regular cycle. Germany. He added that Indian business partners
were greatly appreciated in Germany. Other
eminent industry leaders also shared their views.
The sprawling stall of Infinity, designed on green
building concept attracted a large footfall at the Realty Expo 09
Credai Bengal Realty Expo 2009 held at the Science
City Grounds from 04-08 March09. The Expo
A Credai Bengal initiative
INDIASOFT 2009 had the largest presence of
Indian Tier 2 and 3 IT & ITeS companies with
& Conclave was inaugurated with a plenary session innovative IT products & services. Held on 04 - IT Exhibition
discussing the role of Real Estate in the country's 08 March, 2009 the Exhibition organised by ESC
economy. The real estate sector is 2nd only to opened a plethora of opportunities for Exhibitors
agriculture in terms of employment growth as well as IT Buyers globally looking for innovative
contributing heavily to the GDP of the country. outsourcing IT services & solutions including
It is also responsible for the growth of over 250 KPO, BPO, LPO, Banking, Finance, Insurance,
ancillary industries. ICRA study shows that the Telecommunications, Infrastructure, Media &
construction industry ranks 3rd among the 14 Entertainment, Bio-Informatics, Engineering
major sectors in terms of direct, indirect & induced Design, Educational, Pharma, e-Governance, and
effects in all sectors of the economy. A unit increase much more at the Yuba Bharati Krirangan, Kolkata
in expenditure in this sector has a multiplier effect on February 26 - 27, 2009.
and the capacity to generate income as high as 5 It provided opportunity to network with global
times. The Conclave addressed the student Infinity stall at Realty Expo 09 speakers and panelists including top enterprise
community to help them understand career executives, global sourcing providers and industry
opportunities in Real Estate. & business analysts. Infinity stall at Indiasoft 2009
NEWS EVENTS NEWS EVENTS
1st WEBEL-FPAI Futsol Infinity Football
Tournament Team Infinity wins For the 2nd consecutive year, "INFINITY CORPORATE
HOUSE SOCCER" tournament was organised by
Bidhannagar Municipal Sports Academy under the
The "Football Players Association of India" and the sponsorship of 'Infinity Infotech Parks Ltd.'
IT-fraternity Kolkata organized the first-ever WEBEL- The tournament was inaugurated by Dr. Debesh Das,
FPAI Futsol Tournament was held at the Techno India Minister of IT, in presence of eminent personalities like
Campus at Sector-V in Salt Lake, Kolkata. 12 IT Mr. Subhash Chakraborty, Minister of Sports & Youth
companies participated in the tournament with one services, Dr. Biswajiban Majumdar, Chairman, Bidhannagar
"Star Player" in each team to add some spice to the Municipality and many more dignitaries. Mr. Ravindra
5 A-Side tournament. The teams were allowed to use Chamaria, CMD, Infinity Infotech Parks Ltd. was also
their "Star Players" in a maximum of three out of four present in the inauguration ceremony.
matches and only in a half per game. The concluding ceremony was held on 19.09.08 when
Group A saw PriceWaterhouseCoopers get past Data the Grand Finale of the tournament was played between
Core & Techno India; while in Group B Infinity got Tata Consultancy Services (TCS) and Cognizant
past Chirag Computers & Connectiva Systems. Group Technology Solutions (CTS). CTS won the match and
C was won by IXIA with two wins against Videocon retained the coveted trophy.
& Globsyn while in Group D Acclaris & Webel were
beaten by Descon.
The tournament was held on two small fields placed
besides each other and the IT professionals as well as
the players enjoyed the day of fun football. In the
semifinals held parallelly, Infinity got the better of
PriceWaterhouseCoopers in a 5-1 trashing with their
Star Player Sunil Chetri scoring three of the goals,
while in the other semifinal Descon beat IXIA.
The Infinity Sports day 2008 was held at the Bidhan
In a charged final Descon couldn't play their star
Nagar Municipal Sports Complex on 20th December
player Shylo Malswam Tulunga, while Infinity could
2008. On the occasion, the Infinity Intra Company
play Sunil Chetri as he had been cleverly rested in the
Group stage. It was Descon who took the lead in the Cricket Match was fought between the four teams
first half with tight marking on Sunil Chetri, but Shining XI, Infinity Royal Bengal Tigers, Benchmark and
Chetri showed what he is made of as he played with Infinity Knight Riders. Team Benchmark emerged the
full spirit and got his team the equaliser of a dead ball winners although the others gave a gallant and brave fight.
situation. The scoreline remained the same until the The general camaraderie in the atmosphere made it a day
end and it went into penalties where the goalkeepers to be remembered. Team Infinity was privileged to have
each made a brilliant save amongst the three allowed CMD, Mr. Ravindra Chamaria to cheer all the participants
shots. In sudden death the Infinity keeper made another and Executive Director, Mr. Pulak Chamaria taking part
save as their shooter put in the ball to start the in the Cricket Match. Team Infinity was honoured to
celebrations for the first champions of the WEBEL- have Mr. Biswajiban Majumdar, Chairman, Bidhannagar
FPAI Futsol Tournament. Municipality as a Special Guest at the event. Mr. Majumdar
Kudos Team Infinity !!! joined Mr. Ravindra Chamaria in giving away the prizes.
CARES AKSHAYA CARES AKSHAYA
The Akshaya Patra Foundation has
created a National Record and got
placed in Limca Book of Records.
Akshaya Patra gets aid from the
The Akshaya Patra Foundation is the world's largest We are very grateful to Japan Government for having
Chairman felicitated NGO - run school meal programme being been magnanimous in lending a hand to our efforts".
implemented across seven states in India and covering "We are happy to support Akshaya Patra which is
Intellectual People & Economic Growth over ten lakh children in over 5,700 schools, and to doing noble work for the welfare of the state and the
Association (IPEGA) has conferred National aid it in its humanitarian work. The government of people. Ours is a small gesture which we hope will
status award for Social Development for the Japan has come forward to do its bit for the hungry prompt many others to do the same. It is important
current year to Shri Madhu Pandit Dasa, children of India. On February 25 '09 Mr. Masashi for the world to fight illiteracy and hunger," said Mr.
Chairman, The Akshaya Patra Foundation on Mizukami, Chargé d'Affaires ad interim, Embassy of Masashi Mizukami, Embassy of Japan in India.
29th of December, 2008, at Hotel regent Hall, Japan in India, presented cheque worth around Rs.
The Cannaught Hotel, New Delhi. 30 lakhs to Mr. Sridhar Venkat, Executive Director,
The honour which carries a Trophy & a citation Akshaya Patra under the scheme "Grant Assistance
was received by our Program Head (North) Shri for Grassroots Projects". The Grant will be utilised
Pawan Kumar Singh, Dr. Bhai Mahavir - Former for the purchase of 3 Chapati making machines.
Goveror of Madhya Pradesh, Mr. Joginder Singh Commenting on the addition of another major sponsor
- Former CBI Director & Mr. Harish Rawat - to its growing list of stakeholders, Shri Madhu Pandita
President of Cong I - Uttarakhand. Das, Chairman, The Akshaya Patra Foundation said,
Speaking to the people who congratulated him "To continue to feed around 1 million children
Madhu Pandit Dasa said "this award belongs to all those who are directly and indirectly everyday, the foundation is very much dependent
involved with champinioning the cause of eradicating hunger & impart education".
upon participation in a big way from various sectors.
CARES AKSHAYA CARES AKSHAY
families. Feeding a hungry child is not charity, it is our social responsibility"
said Madhu Sridhar, Akshaya Patra USA's president and CEO. "An Akshaya
Patra movie was featured during the event and attendees were impressed and
astounded with the kitchens. President Clinton also recognized Akshaya Patra
on stage during a plenary session. We are eternally grateful to Mr. Chamaria
for his generosity."
The Akshaya Patra Foundation
Akshaya Patra is a public-private partnership that combines good management,
Commitment to Akshaya Patra Foundation innovative technology & smart engineering to deliver school lunch at a fraction
of the cost of similar programs in other parts of the world. It costs $28 (Rs.
1,200) to feed a child daily for the entire year. For many of the children this
at the Clinton Global Initiative is their only complete meal for the day. This gives them an incentive to come
to school and provides them the necessary nutrients needed for developing
their cognitive abilities to focus on learning.
Mr. Ravindra Chamaria, CMD, Infinity Infotech Parks "By combining the best practices of well-run companies Through kitchens specially designed by engineers to leverage technology &
Ltd., along with Deshpande Foundation & Govt. of India, and the passion of helping the disadvantaged, Akshaya sourcing its food stocks from local markets, Akshaya Patra is able to reduce
announced a mega commitment of $7 million at the 2008 Patra has become a beacon of hope for the future," said costs associated with transportation & food spoilage while supporting the local
Clinton Global Initiative in New York City, to the Akshaya Gururaj "Desh" Deshpande, Akshaya Patra's board chair, economy. In a short time, the foundation has become the largest, and certainly
Patra Foundation. co-chair and founder of Sycamore Networks, Inc., and most innovative, school lunch program in the world. Akshaya Patra is a great
The commitment aims to scale the Akshaya Patra school trustee of the Deshpande Foundation. example of what a non-profit organization can achieve - a cost effective, scalable
lunch program in India in an efficient, gradual and The main beneficiaries of the program are children from solution with high quality service delivery.
sustainable manner. Akshaya Patra ensures that a whole low-income families suffering from malnutrition and The Clinton Global Initiative (CGI)
generation of Indian school children receives at least one illiteracy. The program has particularly succeded in reaching
Established in 2005 as a project of the non-partisan William J. Clinton
nutritious meal per day for the entire school year. The out to girls, who are at-risk of missing out on education
Foundation, the Clinton Global Initiative (CGI) convenes global leaders to
program aims to unlock the vicious cycle of poverty. It due to poverty, malnutrition and unimportance placed on
devise & implement innovative solutions to some of the world's most pressing
directly impacts children's school enrollment, attendance, them in poor families.
challenges. Since 2005, CGI members have made nearly 1,000 Commitments
academic performance & health. The commitment will "The commitment made at the Clinton Global Initiative to Action valued at upwards of $30 billion to improve more than 200 million
build a new kitchen in Orissa, expand Akshaya Patra's funded in part by Mr. Chamaria provides Akshaya Patra lives in over 150 countries around the world. Through past Annual Meetings,
existing kitchen in Uttar Pradesh and feed an additional with an opportunity to expand its outreach to underserved CGI has brought together more than 80 current and former heads of state,
1,00,000 disadvantaged children from these two new children. It is the best return on any investment - building hundreds of top CEOs and non-profit leaders, major philanthropists, and 10
facilities for 3 years. futures & breaking the cycle of poverty for a generation of of the last 16 Nobel Peace Prize laureates.
CARES AKSHAYA CARES PARIVAAR
The Akshaya Patra Foundation received a congratulatory note
Parivaar Ashram Changing destinies
from Mr. Barack Obama, President USA, this September,
commending its work and achievements.
September 16, 2008
Akshaya Patra, USA
92, Montvale Avenue, Suite 2500
Stoneham , MA 02180
Parivaar is a humanitarian organisation, based
Dear President Sridhar at Parivaar Ashram, Village - Barkalikapur, P.O.
I want to congratulate you and the people of the Akshaya Patra Foundation for the Bakhrahat, District 24 Parganas (S), WB, about
incredible progress you've made in feeding the children of India . Your use of efficient and 30 km from Kolkata. Parivaar Ashram is a
innovative business practices to scale up in just a few years from feeding 1,500 school children Residential Institution for education & overall
daily to almost a million is a powerful demonstration of what's possible when people work
development of children from categories like
orphans, girls vulnerable to exploitation and
Behavioral, emotional and academic problems are more prevalent among children with victimisation, street children, abandoned
hunger. Hunger and malnutrition also make it much more difficult to fight AIDS and other
public health challenges. By feeding children now, you are helping to avoid many negative children, children from highly impoverished
consequences that would be much more difficult and expensive to address later on. tribal areas and other such highly vulnerable
children. Parivaar Ashram is essentially a
In just a few years, Akshaya Patra has become the largest single feeding program in the
world. Your example of using advanced technologies in central kitchen to reach children in community of children and Resident Seva-
5,700 schools is an imaginative approach that has the potential to serve as a model for other vratis which aims to love & serve the children of Parivaar till higher education (graduation /
countries. Thank you again for all of your efforts. as their younger brothers and sisters. Starting post-graduation) and subsequent job placement
from scratch (with just 3 resident children) in and settlement into future phase of life. Parivaar
Sincerely, 2003 Parivaar Ashram's Residential Institution will support each child and pave his/her way
presently has 372 resident children (both boys into any future career he/she aspires to pursue.
Barack Obama & girls) who have found a new life at Parivaar Parivaar was started by Shri Vinayak Lohani
and are being prepared for bright future through (an alumnus of IIT Kharagpur & IIM
quality education and overall development. Calcutta), who, inspired by spiritual and
Parivaar also has its own formal school 'Amar humanistic ideals of Sri Ramakrishna
OBAMA Bharat Vidyapeeth', a quality academic Pramahansa and Swami Vivekananda, decided
BIDEN institution, educating the resident children of to devote his entire life for serving 'Divine in
OBAMA FOR AMERICA * PO BOX 8210 CHICAGO IL 60680 Parivaar study. Man' as taught by Swami Vivekananda.
Children are admitted at a young age of 4 - 10 Infinity Infotech Parks supports Parivaar &
to Parivaar Ashram. Each resident child once continues to be friends of the Parivaar inmates.
admitted will be under the care and custody www.parivaar.org
Own the largest private garden in the heart of the city !
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Signature e s t a t e s
Enjoy a piece of heaven !
Infinity and the BH group invites you to own the largest and the
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Centrally located with Z category Security, largest open greens,
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PARKING AVAILABLE common laundromat, seperate guest house and ample car parking...
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and will be managed and maintained by a professional team.
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For details contact : 9831274744
Tower II, Plot A3, Block GP, Sector V, Salt Lake Electronics Complex, Kolkata 700 091, Ph: +91-33-2357 3686
For details & enquiry contact : Sushil Chamaria : +91 98300 91031; R K Poddar : +91 94353 06926; firstname.lastname@example.org
OUR SIGNATURE PROJECTS
36 Infinity Think Tank Infinity Benchmark Godrej Waterside India Design Centre Siliguri SEZ
Infinity DPSC IT Park Highland Greens, Guwahati
Infinity BNKe IT Park