Published On : Thu, Apr 30th, 2015

Indian IT sector has come of age: Verma

vermaNagpur: “India is now one of the biggest IT capitals of the modern world and all the major players in the world IT sector are present in the country”, said past president of Vidarbha Computer Association and VCMDWA, Nagpur, Vinod Verma, while speaking as chief guest on the occasion of inaugural programme of Information System Audit course (DISA) organised by Nagpur branch of ICAI here recently.

Vinod Verma further said, the take-off of the new economy has resulted in a flourishing demand for companies providing chip design, web-based design, internet and telecom software services etc. Supported by an enormous pool of highly skilled professionals available in India, Indian companies have demonstrated their global competitiveness in this field he added and effectively narrated the amazing journey of India in the IT sector.

To summarise his talk, he said the last decade in the global arena has witnessed a tremendous growth in the area of information technology.

Rapid advances in the technologies for communication media like television, computer, internet, printing and publishing has enabled us to get prompt access to required information.

Information technology (IT) has become one of the most robust industries in the world. More than any other industry or economic facet, it has increased productivity, particularly in the developed world, and therefore is a key driver of global economic growth. The IT sector has emerged as a major global source of both growth and employment.

IT Industry in the country has played a major role in placing India on the international map, he informed.

RCM from Nagpur Branch, Julfesh Shah said that the ISA course should not be considered only for the sake of getting new assignments in the form of systems audit.

Knowledge updation should be main thrust of the participants. He said that after successfully completing the course, members not only become system auditors but also act as advisor and help the organisations to systemize the process, minimize the risk by plugging the loopholes etc.

He asked the members present to give due importance to newer areas of practice rather than solely relying on traditional areas.
Chairman of Nagpur branch of ICAI, Kirti Agrawal, earlier in her welcome address said that information technology has now emerged as the major business driver of choice by enterprises and governmen departments to effectively manage their operations and offer value added services to their clients and society at large. She said that chartered accountants being the traditionally trusted consultancy services providers to business and regulators, with their unique education and training, understanding of business requirements and laws of the land are being increasingly relied upon to provide value added services in the IT field.

She also said that ICAI Nagpur has decided to join hands in the Swatch Bharat Abhiyaan’ by curtailing the use of paper and plastic which was being used to print circulars, letters etc. for the information of CA Members.

She said that online technology is planned to be used to the maximum extent possible.

Managing committee member, Kirit N Kalyani, co-ordinated the proceedings of the inaugural session of the ISA course and vice president of the branch Swapnil Ghate, proposed a vote of thanks.

Present on the occasion were Suren Durugkar, faculty from Indore Atul Gupta and more than 50 CA member participants. Vinod Verma said Information technology (IT) has become one of the most robust industries in the world. More than any other industry or economic facet, it has increased productivity, particularly in the developed world, and therefore is a key driver of global economic growth. The IT sector has emerged as a major global source of both growth and employment.