NEC India The Opportunity in Indias Growth Story Abridged Version V Paddy Padmanabhan Guoli Chen Jean Wee
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NEC India was established in 1998 as an R&D institute for the NEC Group’s technology solutions. Its primary objective was to support the NEC Group’s strategic direction by enabling NEC to develop, manufacture and promote NEC Group’s advanced technology products. In 2005, the NEC Group expanded its operations to India. It chose India as the location for NEC India due to the rapid industrialization and growth in the country. NEC is strategically investing in NEC India as a key
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In 1995, NEC India was a start-up organization when I joined. We had barely 40 people, and it took us almost 5 years to grow our employee base to 250+. Our market-entry was a slow and painful journey. Initially, we targeted local IT Service Companies in Mumbai and Delhi. We built a brand and an image through quality service and products and gained the trust of them to work with us, as we believed that our expertise and solutions can deliver better solutions to our clients
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In India, the next 15 years will determine the country’s future success as a nation. India is at a turning point. Its development is propelled by the potential of its population of 1.3 billion people. India has a unique opportunity to emerge as a world-class leader and a prosperous nation. The potential growth rate is the biggest ever recorded by any economy. The country has enormous scope for growth in diverse sectors such as energy, education, infrastructure, manufacturing, healthcare, and social sector. The Indian economy is growing rapidly
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