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Union budget 2015-Ravi Swaminathan-AMD South Asia

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Ravi Swaminathan AMD India Union budget 2015 Focused on growthRavi Swaminathan, Managing Director – AMD India & Corporate Vice President, AMD South Asia “The announcements made in Union Budget 2015 are certainly a step in the right direction to boost growth of the technology sector and also further drive investments.

The exemption of all special additional duty (SAD) on inputs/components used in the manufacture of personal computers is a significant step towards integrating India into the global supply chain enhancing the technology capabilities in hardware.

Further, the thrust on NOFN will provide a tremendous opportunity to bring Digital-India’s vision to the fore. The opportunity arising from the enhanced connectivity will address the issue of enhancing infrastructure penetration in the country. Broad band connectivity, improved access to services through IT enabled platforms, greater transparency in Government processes and special focus on supporting software product start-ups is noteworthy initiatives towards enabling not only the industry but also citizens at large.”