Single tax code that will ensure common tax structure for software and commodities will help in substantial savings. This will simplify the tax structure and make it easy to interpret for all· SOPs for indigenous product companies that are investing in R&D in India and creating assets to service the global market. This could be in the form of listing them as preferred vendors for Government and public sector projects subject to them matching the required technical and product expertise criteria. Investment allowance for certified indigenous product companies which will boost local companies to do R&D· Strong focus on promoting Small and Medium Enterprises as they are the torch bearers of the future economy. Initiatives such as Bringing back the special subsidies given to SMEs for investments in IT will help in faster adoption of IT among the SMEs. Easy loans, and better interest rates· Setting up of finishing schools in collaboration with the Industry to ensure the talent is industry ready.
Tuesday, February 15, 2011
Mr. Kamesh Ramamoorthy, Chief Operating Officer, Ramco Systems
Single tax code that will ensure common tax structure for software and commodities will help in substantial savings. This will simplify the tax structure and make it easy to interpret for all· SOPs for indigenous product companies that are investing in R&D in India and creating assets to service the global market. This could be in the form of listing them as preferred vendors for Government and public sector projects subject to them matching the required technical and product expertise criteria. Investment allowance for certified indigenous product companies which will boost local companies to do R&D· Strong focus on promoting Small and Medium Enterprises as they are the torch bearers of the future economy. Initiatives such as Bringing back the special subsidies given to SMEs for investments in IT will help in faster adoption of IT among the SMEs. Easy loans, and better interest rates· Setting up of finishing schools in collaboration with the Industry to ensure the talent is industry ready.
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Kamesh Ramamoorthy joined Ramco in 1994 as Country Manager of Ramco's Swiss subsidiary. After close to two successful years in Switzerland, Kamesh set up the Global Product Support Division for Ramco. He then took over as Head of Ramco Systems Corporation - USA based at New Jersey. Having consolidated Ramco’s presence in the US and setting the pace for an explosive growth, Kamesh moved back to Chennai to spearhead the global Enterprise Applications business.
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Prior to joining Ramco, Kamesh was with Wipro InfoTech, where he was heading its Western region operations. Kamesh holds a Bachelor’s Degree from Birla Institute of Technology, Pilani.