LOG ON TO OUR OFFICIAL WEBSITE @ www.hcindia-au.org
 
     
   
  INSIDE THIS ISSUE
   
   
   
  01 MAIN
   
   
  02 NEWSMAKERS
   
   
  03 POLICY & ECONOMY
   
   
  04 TRADE & ECONOMY
   
   
  05 INFOTECH
   
   
 

06 CULTURE

   
   
  07 TRAVEL
   
   
  08 CALENDAR
   

   
  HIGHLIGHTS
   
 

Unprecedented growth of Telecom Sector in 2007
MORE [+]

 
  Surajkund crafts mela 2008
MORE [+]
 
  Beaches Galore
MORE [+]
 

 
05. INFOTECH

Offshoring boom: BPO set to be $50b industry

The Indian BPO industry has the potential to grow five-fold in the next five years to become worth $50 billion. What's more, the sector can add 2.5% to India's GDP from exports and provide direct employment to nearly two million people. It will also boost growth in Tier-II and III cities to support the six-fold growth in the number of delivery centres.

These are some of the latest findings of the Nasscom-Everest Group study. The study, 'Roadmap 2012 - capitalising on the expanding BPO landscape', predicts a five-fold growth in the Indian BPO sector will bring about huge payoffs to India's economy, employment and development as a whole. ''There is a lot of opportunities out there but it will depend on the BPO player on how they want to play it out,'' says Gaurav Gupta, Country Head, Everest Group. The study shows, the cost-base offshoreable to India

and addressable by the Indian BPO industry is worth $220-280 billion. Interestingly, while the Indian BPO sector has been focused more on exports, the domestic opportunity too has been evolving and growing fast. The report reveals the domestic BPO market which had a growth rate of 50% over the last five years has grown faster than the overall Indian BPO market to reach nearly $1.6 billion by 2008.

And there are opportunities galore from sectors as varied as banking, retail, insurance, media, telecom and government etc. These together could generate an additional $15-20 billion worth of business. Inspite of the so called US recession and the dollar meltdown, US will continue to be the biggest BPO market for India with 70% of the opportunities coming from there, however, other geographies too will grow fast. ''With business worth $6 to $7 billion

coming from other geographies, it should be well worth tapping,'' says Sumit Sarawgi, Engagement Director, Everest Group. While back-office processes are expected to continue being a large part of the service portfolio, middle-office and front-office services too will account for 50% of the future opportunity. However, to reach out to the next level, stakeholders will need to take some initiatives.

These include protecting India's cost arbitrage to ensure buyers interest, adoption and growth are sustained. Increasing the employability of talent ''For this, companies will have to facilitate the development of business process outsourcing -specific education models in colleges,'' says Nikhil Rajpal, Global Services Practice Head, Everest Group.

Source: The Times of India

India develops missile defence system

India has developed a two-layered ballistic missile defence system to counter enemy missiles. It has been configured with radars for long-range surveillance, tracking, command, control, communication and interception to destroy enemy ballistic missiles. The two-layered system, comprising "exo" and "endo" atmospheric interceptors, destroys incoming ballistic missiles at altitudes above 40 km and below 25 km, respectively. The exo-atmospheric interception was successfully tried on November 27 at an altitude of 48 km while the endo-atmospheric high supersonic missile (also called as AAD) was successfully put on trial in the first week of December.

Another trial demonstrating the interception of a live ballistic missile was held on December 6 at an island near Orissa. The interceptors were developed at the Electronics and Radar Development Establishment (LRDE) in Bangalore at a cost of Rs.2,000 crore. Source: The Hindu

Flight test of BrahMos cruise missile next year: Pillai

Flight test of the air version of BrahMos Supersonic Cruise Missile will be conducted in 2009, Chief Executive and Managing Director of BrahMos Aerospace, New Delhi, and Chief Controller (Research and Development), Defence Research and Development Organisation (DRDO) A. Sivathanu Pillai said on Thursday. Induction of the BrahMos missile in the Army and Navy is under progress and the production capability would be enhanced to beyond 100 units a year if the need arises owing to the interest evinced by about 10 countries including developed nations, Dr. Pillai said responding to queries from media persons. No decision has been taken so far to sell the missile to other countries.

The joint decisionwill be made by India and Russia, he said, adding that the priority was to meet the demand of the three forces in the country. An Indo-Russian team has finalised the preliminary specification of the system for BrahMos II with hypersonic speed. It would be reviewed shortly and based on the model the development of the new version would be undertaken in five years' time, said Dr. Pillai.

Terming institutions such as the National Institute of Technology - Tiruchi, as Technology incubators, Dr. Pillai said the time was ideal to build research capabilities in Technology - the driving force of economy and military strength.

Creation of excellent laboratory facilities would obviate the need for scientists to go abroad for research, he said, suggesting that the NIT-T take the initiative to upgrade its Department of Metallurgical and Materials Engineering into a Centre of Excellence with support from the DRDO and the International Advanced Research Centre for Powder Metallurgy and New Materials (ARCI), Hyderabad.

The DRDO with four research boards and grant-in aid scheme has tie-ups with 200 institutions in the country, Dr. Pillai said.

Source: The Hindu

Indian Space Programme – accomplishments during 2007

Indian space programme witnessed several major accomplishments and scaled newer heights in mastering space technology during the year. It is significant to note that the remarkable successes were the result of well-orchestrated programmes undertaken by the department aimed at achieving total self-reliance in this cutting edge technology solely through indigenous efforts and utilizing the expertise available within the organization.

Some of the recent, important developments, were the successful orbiting and recovery of a space capsule from the Indian soil using our own launch vehicle, launching of the state of the art remote sensing satellite Cartosat-2 with better than one meter resolution, launching of a satellite exclusively for an European customer under a commercial contract, successful ground testing of indigenously developed cryogenic upper stage and fabrication and installation of a large antenna for providing tracking and command support for deep space missions in general and Chandrayaan-I, India`s first un-manned lunar mission in particular.

Launch Vehicle Programmes: The launching of Polar Satellite Launch Vehicle (PSLV-C7) on January 10, 2007 carrying our own 680 kg remote sensing satellite Cartosat-2, 56 kg LAPAN-TUBSAT satellite from Indonesia, 6 kg Pehuensat from Argentina and 550 kg Space capsule Recovery Experiment (SRE) aimed at establishing India`s capability to orbit and bring back to earth successfully heralded a new era in the launch vehicle and satellite technology development in the country.

Geosynchronous Satellite Launch Vehicle (GSLV-F04) was launched successfully on September 2, 2007 carrying INSAT-4CR into the desired orbit. The launch of GSLV-F04 was significant as the previous flight GSLV-D3 had failed to accomplish the mission owing to a fabrication anomaly. The detailed failure analysis carried out established that the design of GSLV is robust and certain strict quality control measures needs to be enforced during fabrication and inspection.

Satellite Programes: The launching of the state of the art remote sensing satellite Cartosat-2 twelfth in the IRS series of satellites will provide panchromatic imageries with a


resolution of better than 1 m onboard PSLV-C7 will provide further fillip to the remote sensing application programmes in the country especially in the area of urban planning, water resources survey, crop acreage and prediction estimation projects.

INSAT-4B was successfully launched on Ariane launch vehicle on March 12, 2007. INSAT-4B is the second satellite in the series in INSAT 4 series. INSAT4B carries 12 high power Ku Band transponders and 12 C Band transponders and has augmented the Direct to Home (DTH) television services and other communication and TV services.

The launching of INSAT - 4CR on September 2, 2007 onboard GSLV-F04 with 12 high power Ku Band transponders has augmented TV broadcast services especially in the area of DTH services, Video Picture Transmission (VPT) and Digital Satellite News Gathering (DSNG). The INSAT system currently has about 210 transponders providing telecommunication, TV broadcast and meteorological services to the country. Concerted efforts to augment the capacity to about 500 transponders by the end of 11th Five Year Plan have been initiated.

Chandrayaan-1: India`s first un-manned lunar mission Chandrayaan-1 is targeted for launch during April 2008. Final integration and testing of the spacecraft is in progress. The spacecraft carries eleven payloads of which five are from India and six payloads from USA, Europe and Bulgaria. Chandrayaan – 1 spacecraft will be launched onboard India`s Polar Satellite Launch Vehicle.

India and Russia have signed an agreement on joint lunar research and exploration. The cooperation envisages Chandrayaan-2, a joint lunar mission involving a lunar orbiting spacecraft and a lander/rover on the Moon`s surface. Chandrayaan-2 will be launched using India`s Geosynchronous Satellite Launch Vehicle (GSLV) in the time frame of 2011-12.

Manned Mission Programme: Indian Manned Mission Programme is envisaged as a National effort to develop a fully autonomous orbital vehicle carrying 2-3 crew members to 400 km orbit low earth orbit and safely return them to earth with ISRO playing the lead role.

Societal Applications: The services offered by INSAT Satellites in the area of tele-education and tele-medicine received further impetus. Today, in tune with the dreams of Dr Vikram A Sarabhai, the founding father of the Indian Space Programme, Edusat satellite network has about 30,000 class rooms connected to various academic institutions and universities. Tele-medicine network facilities expanded further and about 223 hospitals and 41 super speciality hospitals are connected providing health care to citizens especially in rural areas to about 3,00,000 patients per year.

Combining the services from INSAT and Indian Remote Satellites, a new concept namely Village Resource Centre (VRC) has been operationalised. VRCs provide tele-medicine, tele-education, adult education, health and family welfare programmes. About 300 VRCs have been established in various states in the country.

Indian Institute of Space Science and Technology: Indian Institute of Space Science and Technology (IIST) was inaugurated on September 14, 2007 with the objective of offering high quality education in space science and technology to meet the growing demands of the Indian Space Programme. The Institute offers Bachelors degree in Space Technology with specialization in avionics, and aerospace engineering as well as Integrated Masters degree in applied sciences with special emphasis on space related subjects. The Institute started from the current academic year and 140 students from various parts of the country have enrolled for under graduate and masters courses.

The space programme in the country is poised for several major breakthroughs in the development of advanced technology needed for realization of the future launch vehicle and spacecraft missions in the coming years.

Efforts to establish necessary infrastructure for casting large boosters, liquid propellant engines, heavy cryo boosters and for development of advanced missions in the area of remote sensing, communications, navigational satellites and space science systems. Necessary ground infrastructure for providing mission support during launch phase and in orbit support for the planned missions is under realization.



MAIN I NEWSMAKERS I INVESTMENT UPDATE ITRADE & ECONOMY I INFOTECH I CULTURE I TRAVEL I CALENDAR