India far ahead of China in IT but Chinese firms catching up on IT tech: Chinese IT expert
Beijing, Dec 11: India's IT sector, one of the mainstays of its economy, is much ahead of its Chinese counterpart in the global markets but the firms from China are catching up and doing well in e-commerce, autonomous driving, AI and cloud services, according to a top Chinese IT executive.
Mike Liu, the author of the book titled 'The Rise of Indian IT', said unlike the Indian firms, who still have a sway in the global markets, especially in IT outsourcing, China's software revenue is mostly from home.
Over 95 per cent of China's IT earnings come from the domestic Chinese market, he said.
"In the global IT market, India is leading much ahead of Chinese market players," he said.
"The Chinese companies are not a threat to the Indian firms in the global markets," Mike, one of the rare Chinese IT executives who worked with the top Indian company Infosys for years, told PTI here ahead of his book launch.
The book that provides an insight into the Indian and Chinese information technology development over the decades has been just published in the Chinese language. It will be published in English soon.
Mike was the first Chinese-born country head of Infosys and worked both in Indian and Chinese firms, besides multinational companies like HP.
According to a recent report by China's Ministry of Industry and Information Technology (MIIT), China's software business revenue from January to July this year reached 5.456 trillion yuan (USD 797.26 billion), a year-on-year increase of 10.3 per cent.
IT sectors in both countries contribute about eight per cent to their GDPs, though China's IT revenues are far higher considering the size of the Chinese economy, Mike said.
While Indian IT firms ruled the global markets, the Chinese firms have established dominance in technology, he said.
He said the Chinese firms have a long way to go to make a dent in the global international markets.
"I foresee Chinese players still have a long learning curve to compete in English market. Chinese people often ask, why have Indians become so predominant in business in America? The typical view is Indians speak good English. But that is maybe one per cent of the factor," he said.
For their part, the Chinese companies need to learn many things such as mindset, management systems and governance, he said, adding that an abundant supply of human resources in IT was key for India's success.
He said the Indian IT phenomenon is not made possible through either deregulated efforts or government subsidies and policies but due to the strong conviction by the Indian tech leaders and software engineers to make a difference.
However, on the tech front of IT and innovation, China has taken the lead, he said.
"The scenario has changed today. The Chinese companies have become a global phenomenon in the B2B, and doing well not only in e-commerce but autonomous driving, AI, cloud services, where you don't see Indian players, unfortunately, having had the same impact," Mike said.
Chinese firms like Huawei, Alibaba, Baidu and Tencent made a big leap in technology development, while the Indian IT sector is broadly confined to software outsourcing, spending little on innovation and R&D, he said.
On India's constant complaint that China is not providing market access to Indian IT firms, he argued that the issue of market access should not be an excuse for Indian IT firms' inability to penetrate Chinese markets.
While keeping their focus on English language global markets, it is time for the Indian firms to shift their focus to non-English speaking markets such as China to rework their strategy to tap big future revenues, he said.
"The question for Indian IT companies now is how to break into fast-growing non-English speaking countries," he said.
"Market access alone is something of an easy excuse. If you are determined to engage in a market, then you will figure it out" he said, highlighting the success of firms like HP in which he worked earlier and made big inroads into the Chinese markets.
For years, China has been stonewalling Indian demand to provide market access to its biggest products in the IT and pharmaceutical firms which struggled to make headway in the Chinese markets despite their global success.
Mike argues that while the Indian IT firms are doing well in the multinational firms based in China, they made limited headway into the burgeoning Chinese market adopting a "cost-conscious" strategy and looking for short-term returns.
"You cannot have the same formula to work in two very different, highly complex markets and societies," he said.
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UP Cong holds statewide protest seeking probe into FIR against Swami Avimukteshwaranand
Lucknow (PTI): The Uttar Pradesh Congress on Wednesday staged a statewide protest demanding a fair and transparent inquiry into the FIR lodged against Swami Avimukteshwaranand Saraswati and those who filed the complaint against him.
In a statement issued here, the party said memorandums addressed to Prime Minister Narendra Modi were submitted through district magistrates in all districts of the state.
Uttar Pradesh Congress spokesperson Manish Hindvi told PTI that the memorandums were handed over through the district administration in all 75 districts.
In the memorandum, the party alleged that Saraswati and his disciples were "unnecessarily harassed and humiliated" by police on the occasion of Amavasya and were prevented from taking a ritual bath (at the Magh Mela). It further alleged that some disciples were manhandled and taken to a police station.
The memorandum also claimed that an FIR was later registered against Saraswati, his disciple Swami Mukundanand Brahmachari and several unidentified persons in a sexual harassment case. It termed the case a "conspiracy" aimed at tarnishing the seer's reputation.
Citing Articles 25 and 26 of the Constitution, the memorandum stated that these provisions guarantee religious freedom and the right of religious denominations to manage their own affairs.
It described the position of shankaracharya held by Saraswati as "one of the highest spiritual posts in Sanatan tradition" and alleged that the entire episode appeared to have been "orchestrated in a planned manner".
"We request that the background of the persons who got the FIR registered be investigated in a transparent manner by a retired high court judge and strict action be taken against them," the memorandum said.
It also sought a "fair and transparent probe" into the allegations levelled against Saraswati so that the truth could be established.
Earlier, Uttar Pradesh Congress president Ajay Rai had told reporters in Varanasi after meeting Saraswati that the party stood firmly with him.
The Congress said it would continue to press for an impartial inquiry into the entire episode.
On February 21, an FIR was lodged in Prayagraj against Saraswati and his disciple Mukundanand Brahmachari on charges of sexually abusing two persons, including a minor, over the past year at a gurukul and religious congregations, including the recently concluded Magh Mela.
Days after he was booked, Saraswati had said on Monday that he would not oppose his arrest and asserted that the "fabricated story" would be exposed sooner or later.
At a press conference on Wednesday, Saraswati alleged that criminals rule in Uttar Pradesh, level allegations and influence investigations, as he denied having any contact with the two persons for whose alleged sexual abuse he has been booked.
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