Infinity HJ Apr Final.FH10

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					                                        Feed a Child, Build a future

                                                                                                                                     infinite possibilities
                                                                                                                                     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.
  Karnataka                           5,26,145
  Rajasthan                           1,85,608
  Gujarat                               75,000
  Orissa                                66,112
  Uttar Pradesh                         95,235     For donation and enquiry contact:
                                                                                                                                           ITY B
  Andhra Pradesh                        30,418     Ina Bose : Tel : +91-97487 52574,                                   ENCH
  Chhattisgarh                          30,000
                                                   Sangeeta Jalan : Tel : +91-99033 13229,                             MAR
  Total                             10,08,518;                                                  K
*April 2009

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
                                                   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
                                                                                                                                                                                                                                                                           (Corporate Communications)
                                                   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 :
                                                   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

                                                                                 Efficient Space
                                           ensuring more productivity             Management
                                                and low attrition

                                                                                                              Energy efficient equipment upto
                                                                                                              30% reduction in energy costs
                      Environment friendly,
                      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 Kolkata’s   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

2                                                                                                                                                                                                     3
                                                                                              HEADLINES INFINITY

                      The Atrium

                     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
                                                                                                                                                                     at Siliguri

                                                                                                                                                                                              NEW VENTURE
    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.

6                                                                                                                                                                                         7
    INCREDIBLE                                                                                                                                                                                INCREDIBLE
         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, India’s
    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

8                                                                                                                                                                                                                           9
                                                                                                                                                                                      GLORIOUS BENGAL
                                                                                                                                                                                                        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.

10                                                                                                                                                                                                                                                                   11
                                                                                                                                                                                                         BENGAL GUEST

                                                                                                                                    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

12                                                                                                                                                                                                                                13
           GLORIOUS                                                                                                                                                                                                       GLORIOUS
             BENGAL NEWS FROM                                                                                                                                                                                               BENGAL NEWS FROM
                            OVERSEAS                                                                                                                                                                                                     BENGAL

                                                                                                                                                                                  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

14                                                                                                                                                                                                                                                     15
     GLORIOUS                                                                                                                                                                                       GLORIOUS
       BENGAL NEWS FROM                                                                                                                                                                               BENGAL NEWS FROM
                     BENGAL                                                                                                                                                                                          BENGAL

                                            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.

16                                                                                                                                                                                                                              17
                                                                                                                                                                                       NASSCOM STUDY
                                                                                                                                                                                                       GLOBAL MEGATRENDS WILL CHANGE
                                                                                                                                                                                                       BUSINESS LANDSCAPE
                                                                                                                                                                                                       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 doesn’t 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 India’s 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

18                                                                                                                                                                                                                                                                   19
       NASSCOM                                                                                                                                                                                                    VIBRANT
         STUDY McKINSEY                                                                                                                                                                                         SALT LAKE FOSTER
                      REPORT                                                                                                                                                                                                     WHEELER

                                                                                                                             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 India’s 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 industry’s             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, India’s 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.

20                                                                                                                                                                                                                                                  21
       VIBRANT                                                                                                                                                                                                  INFINITY
     SALT LAKE NEWS FROM                                                                                                                                                                                          NEWS EVENTS
                   SECTOR V

         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.

22                                                                                                                                                                                                                                              23
     INFINITY                                                                                                                                                    INFINITY
       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. It’s 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.

24                                                                                                                                                                               25
     INFINITY                                                                                                                                                                                                     INFINITY
       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 March’09. The Expo
                                                                    A Credai Bengal initiative
                                                                                                                       INDIASOFT 2009 had the largest presence of
                                                                                                                       Indian Tier 2 and 3 IT & ITeS companies with
                                                                                                                                                                                    Indiasoft 2009
     & 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

26                                                                                                                                                                                                                                   27
     INFINITY                                                                                                                                                          INFINITY
       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,
                                                                                     Sports Day
                         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.

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     INFINITY                                                                                                                                                                          INFINITY
       CARES AKSHAYA                                                                                                                                                                     CARES AKSHAYA
               PATRA                                                                                                                                                                                PATRA

                                                   National Record
                                                    The Akshaya Patra Foundation has
                                                    created a National Record and got
                                                    placed in Limca Book of Records.

                                                                                                   Akshaya Patra gets aid from the
                                                                                                   Japanese Government
                                                                                                   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.

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         INFINITY                                                                                                                                                                                   INFINITY
           CARES AKSHAYA                                                                                                                                                                              CARES AKSHAY
                      PATRA                                                                                                                                                                                        PATRA

                                                                                                                              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.

32                                                                                                                                                                                                                         33
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       CARES AKSHAYA                                                                                                                                                                            CARES PARIVAAR
             PATRA                                                                                                                                                                                         ASHRAM

                     Global Recognition
                     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.

                                          BARACK OBAMA
                                                 September 16, 2008

            Madhu Sridhar
            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

34                                                                                                                                                                                                                     35
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