Dubai Internet City (DIC), the largest managed Information and Communication Technology Cluster in West Asia, is targeting small and medium enterprises (SMEs) in India to offer commercial space.
?We have put in place a single window clearance system to provide commercial business space in DIC to facilitate speedy and cost-effective mechanism for IT and outsourcing SMEs from India,? Mr Malek Al Malek, Managing Director of Dubai Internet City, told Business Line on the sidelines of Nasscom's India Leadership Forum 2011 here.
Last year, over 150 companies had facilities in DIC. ?This year, we expect more companies to come to us as the industry environment turned more encouraging than last year,? the Managing Director said.
At present, Indian companies present in DIC include Wipro, HCL, L&T Infotech, Mahindra Satyam and Sonata Software, among others.
Other global companies include Cable and Wireless Europe, ADP Dealer Services Gulf, Pitney Bowes Software, China Communication Service and Versata, Mr Malek said.
?We have more than 90 nationals who are working as IT professionals with us. A majority of this workforce is from India,? Mr Malek said.
The industry is now looking to markets in West Asia and Africa, as the US market is saturated and yet to come out of recession.
?West Asia will be the ideal location for reaching other markets in the Gulf region. According to a Gartner estimate, IT spending in Europe, West Asia and Africa is expected to touch $800 billion, marking a 1.3 per cent increase over 2010,? he added.
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