The Hindu Business Line : `Investing in core capabilities or asset is very important'

"MOVING up the value chain is important to sustain and grow in business. While the going appears good, the challenge is in accelerating the growth pace by moving up the value chain," observed the Managing Director and Executive Vice-President (Indian Operations) of Cognizant Technology Solutions, Mr R. Chandrasekaran.

Delivering the keynote address at the sixth edition of coimbatoreIT.com, Mr Chandrasekaran, who was speaking on `Leveraging the Indian IT advantage in moving up the value chain,' conceded that China was both a threat and opportunity at this juncture. "It depends on how you look at the development. Investing on core capabilities or asset is very important."

Taking exception to Coimbatore being referred to as a tier II city, he said, a study revealed that the city was in terms of the eco system, in the people, in seizing initiatives and facility-wise better than some of the top cities in the country.

Cognizant, he pointed out, was embarking on activities that enhanced business benefits. "We have registered a 5 per cent improvement in our business benefits in the last couple of months."

The company, which had initially targeted at manpower strength of 400 over 12 months for its Coimbatore operations, has within three months taken in 250. "There is a 5-7 per cent improvement in productivity, extended coverage and we are trying out new processes as well. The business benefits are phenomenal," Mr S. Vishnu Potty, Director and Centre Head of the company's Coimbatore operations, told Business Line.

He said the company was now scouting for sufficient number of back-up sites. He reaffirmed that Coimbatore would definitely play a significant role in the company's expansion plans.

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