Infosys reportedly gave up China investment plans for IPR fears on clients‘ side

According to a news item appearing the Economic Times (7th Sept. 2011) Indian IT major Infosys gave up its plans for increasing foreign direct investment (FDI) in China as its major customers in Europe and the USA had apprehessions about their data procession and/or software-related work being done in China owing to fears about the protection of intellectual property rights.

The report cites as source a US diplomatic cable which has been released by WikiLeaks. It also narrates an incidence, which N.R. Narayana Murthy, Co-founder of Infosys reportedly told US diplomats:

Murthy said he understood the misgivings of his clients and narrated his experience in China to show how rampant piracy was. Stepping out of his central Beijing hotel to go for a stroll with Peter Bonfield, then CEO of British Telecom, they encountered a sidewalk vendor selling pirated Microsoft and Windows products.

Bonfield jokingly asked the vendor if he had Finacle (an Infosys banking software product) and the vendor replied: „I can get it for you tomorrow.“

Murthy, was at the same time quite clear about China’s potential, its qualities, and HR problems that it faces, as is clear from the next section:

Murthy, however, was optimistic about the long-term potential of China. As per the cable, he stated: „There is nobody better than the Chinese at solving a problem once they are serious about it.“ Murthy said it would take four to five years for the Chinese to overcome that reluctance.

There were other concerns for Infosys to expand in China. Murthy told the diplomats that though qualified graduates were available, those with sufficient English skills commanded a high premium. He said retention was more difficult in China than in India, as Chinese professionals are more willing to leave for a higher salary where Indian ones value institutions a bit more.

The whole report is available at: The Economic Times (11.09.2011)

Economic Times: „Tata Consultancy Services bids $500 mn for 80% stake in Lufthansa IT Systems“

According to a report in the Economic Times, dated 6th Sept. 2011:

India’s largest software services exporter, Tata Consultancy Services, has put in a bid valued at $500 million to acquire a controlling stake in Lufthansa IT systems, the captive information technology unit of the Frankfurt-based airline, two people said on condition of anonymity.

TCS is in talks to negotiate a multi-year contract from Lufthansa which could yield revenues in excess of $2 billion for the company according to people familiar with the bidding process.

Credit Suisse is advising TCS on its bid for Lufthansa IT systems.

According to Lufthansa System’s website:

Lufthansa Systems provides consulting and IT services for selected industries and has a leading position in the global aviation industry. The wholly-owned subsidiary of the Lufthansa Group offers its customers the entire range of IT-services, including consulting, development and implementation of industry solutions as well as operations.
At its headquarters in Kelsterbach near Frankfurt/Main, Germany, the company operates one of the most modern data centers in Europe. Lufthansa Systems has offices in Germany and 16 other countries and employs about 3,000 people.

(Site accessed on: 10.09.2011)

Lufthansa Systems also has a strong presence in the Metropolitan Region of Hamburg, where it operates 3 branch offices, including one in Norderstedt.

Registration for the Grassroot-Event now open

All those interested in attending the „Grassroot Innovation“ event during the India Week in Hamburg (20th of October 2011, 12:00 – 18:00h Plenarsaal of the Chamber of Commerce) may register themselves by using this registration form (PDF, 460 KB).

The registration form duly filled maybe sent back by e-mail (grassroot@tu-harburg.de) or by fax (+49 (0)40 42878 2867).

Please note that owing to capacity reasons it may not be possible to accept all the regsitrations. We will therefore confirm all the accepted registrations individually. The last date to register is the 14th of October 2011.

„Metro Cash & Carry opens outlet in Ludhiana; 7th in India“

From: The Economic Times, Dateline: Sep 1, 2011

NEW DELHI: Germany’s Metro Cash & Carry today announced the opening of its seventh wholesale distribution centre in India at Ludhiana in Punjab, built at an investment of Rs 60 crore.

Continue reading at: http://articles.economictimes.indiatimes.com/2011-09-01/news/29953825_1_metro-cash-carry-ludhiana-centre

Grassroot Innovations: New Opportunities for Indo-German Cooperation?

India Week Hamburg 2011

[Grassroot Event] [GIRT Events]

[Background] [Event Concept] [Agenda] [Venue & Date] [Registration] [Partners] [Downloads]

Background

source: rediff.comLast few years have seen the rise of several new and dynamic paradigms in innovation management, e.g. the “Bottom of the Pyramid” (BOP) or “Frugal Innovations”. These seek to motivate firms to develop affordable and good-quality products for rural and/or poor customers especially in developing economies. Such ideas, though admirable in their own right, have in many instances however failed to fully appreciate and utilize the power of innovative ideas and the rich heritage of traditional knowledge emerging at “grassroots” from common people.

Rather than selling to poor, as BOP implies, Honey Bee Network – an initiative from India – insists on buying from people, helping them disseminate a lot of creative knowledge as public goods, and/or as platforms for collective co-creation of location specific solutions. “Poor people are not sink, but source of ideas, innovations and initiatives,” says Prof. Anil Gupta of the Indian Institute of Management (IIM) in Ahmedabad, in a thought-provoking statement (see a collection of media reports on grassroot innovations).

Source: ndtv.comMany local users in rural areas come up with inventions that are not only innovative and useful but also less expensive than the usual solutions available in the market. Another important feature of grassroot innovations is that they are generally environment friendly and in sync with the given infrastructural conditions. Examples of such innovations include water-based cooling systems that do not require electricity, or non-sticky frying pans made of earth. The idea of “grassroot innovations” has been popularized by untiring and inspiring efforts of Prof. Anil Gupta, winner of Star of Asia – Opinion Shaper award of ” Business Week” magazine in 2001 and called “Gandhi of Technology” by the reputed German magazine “Der Spiegel”. Grassroot innovations are being fostered by institutions like the National Innovation Foundation (NIF), SRISTI and the Honey Bee Network in India.

The Institute of Technology and Innovation Management at Hamburg University of Technology (TIM/TUHH) has recognized the potential of this paradigm, both, for the practice of innovation management in firms and for giving an impetus to Indo-German cooperation in fields of science & technology, and business. There are several studies currently under progress at TIM/TUHH to survey the potential implications of grassroots innovations.

Event Concept

TIM/TUHH, together with the German-Indian Round Table (GIRT) and some other partners, e.g. the National Innovation Foundation of India and the Hamburg Chamber of Commerce (see Partners), will hold a workshop during the India Week Hamburg 2011 to explore and demonstrate the vast cooperation opportunities for German firms, especially small and medium-sized ones, to assist the inventors with technical and marketing know-how. Mutual benefit can be found, for instance, in the giant domestic Indian market as well as in international marketing of such products in other corresponding markets of Africa, Latin America and Asia. In some cases, e.g. herbal medicines, it might even be possible to introduce the products in Germany or other developed countries. Prof. Anil Gupta is scheduled to deliver the keynote address and to participate in a panel discussion.

Agenda

The event will be inaugurated by Prof. Dr. Garabed Antranikian, President of the Hamburg University of Technology and Mrs. M. Subashini, the Hon’ble Consul General of India in Hamburg. We have confimed participation of Prof. Anil Gupta (National Innovation Foundation, Ahmedabad) and Prof. Luc Soete (UNU-MERIT, the Netherlands). For a complete list of speakers and the programme agenda please see:

Agenda (PDF, 61 KB) as on: 23.09.2011.

Venue & Date
Venue: Plenarsaal, Hamburg Chamber of Commerce

Date: Thursday, 20th October 2011, 12:00 – 18:00h.

Registration

The event is intended primarily for business firms, scientific and research community, institutional players and other interested person with an interest in the field of grassroot innovations, the so-called „Bottom of the Pyramid“, frugal engineering and in Indo-German an/or Indo-Euroean cooperation. Participation is free of charge. However, due to limited number of seats we require a binding pre-registration for the event. The registration will be possible between 5th September to 14th October. Please download the registration form (PDF, 460 KB) here and send it by e-mail (grassroot@tu-harburg.de) or fax (+49 (0)40 42878 2867) to us. Please note that owing to capacity constraints we might not be able to accept all the registrations and shall individually confirm the acceptance.

Event Partners

Organizers: Hamburg University of Technology (Institute for Technology and Innovation Management), German-Indian Round Table (GIRT) Hamburg, National Innovation Foundation (Ahmedabad/India), Hamburg Chamber of Commerce

Event Sponsor: Mahindra Satyam

Media Partner: Indien Aktuell

Cooperation Partner: Hamburg section of the German-Indian Society (Deutsch-Indische Gesellschaft e.V.)

Downloads

Event Description (English): PDF, 313 KB

Veranstaltungsbeschreibung (German): PDF, 275 KB

[Download India Week Flyer, PDF, approx. 4 MB] [Download Program Booklet, PDF, approx. 1.4 MB]