This week Channel Times has extensively covered the Union Budget. We tried to cover budget from every angle and of course technology from very close quarters. He have also touched upon some of the very important topics that have a direct impact on the channel community. Here is a quick recap of top 10 happenings in the channel space this week.
Budget Brings Indirect Gain; GST Will Clear Roadblocks: Partners
Ahead of crucial Assembly elections in seven states, the ruling NDA government presented the much awaited union budget amidst opposition and chaos in the parliament on Wednesday. While there are different views of the analysts, industry experts, political parties and common citizens, all agreed on the point that it is a balanced budget with realistic growth targets. Read More
Budget 2017 Boosts Digitization, Cyber Security And More
Finance Minister Arun Jaitley today presented the much awaited Union Budget 2017. While the budget largely focused on rural development, the FM made very crucial announcements for the IT industry. The major emphasis on digital payment and special efforts for cyber security were among the several key announcement for the IT industry in the budget. Read More
Budget 2017: MAIT On Domestic IT-Electronics Manufacturing
As the Union Budget 2017 will be presented by the FM on 2017, Manufacturers’ Association of Information Technology (MAIT) has brought forward some key recommendations to enhance India’s image as an attractive investment and manufacturing destination.
The executives believe the Budget is an attempt to enhance electronics hardware manufacturing capabilities which is still mired due to myriad challenges including high costs of power and finance, high transaction costs, prevalent tax structure and lack of development of a healthy supply. Read More
What IT Channel Expects From Union Budget 2017
The entire country is eagerly waiting for the Union budget 2017 with hopes that the FM will announce an increase in the limit for tax free income and some ease in the current service tax rates. Post demonetization, the country is curious about how the 50 days of gigantic exercise of curbing black money will benefit the tax payers and help to cut the inflation rate, the industries are also closely analyzing that will the budget fulfill government’s promise of ease of doing business. IT channel is optimistic about the Union budget which will be presented in the house on February 1. Read More
Chennai’s Ritchie Street Goes Digital
While digital payment adoption is predominantly increasing among the channel fraternity across India, Chennai’s famed IT market- Ritchie Street is not behind. It has turned digital as more than 80 percent of the IT and electronics shops are accepting payments through e-wallets.
The sale of IT products in Tamil Nadu saw a dip over the past three months as they witnessed untoward incidents like death of former Chief Minister Jayalalithaa, cyclone ‘Vardah’ and the recent protest against the traditional sport ‘Jalikattu’. While many shops remained closed for atleast two days for the aforesaid events, the transactions were reducing slowly. Read More
HPE Enhances Storage Portfolio To Help SMBs
Hewlett Packard Enterprise (HPE) has announced server and storage enhancement to help small and mid-sized businesses (SMB) to deal better with hybrid IT now and as they grow. It offers solutions that provide a secured path from entry to private cloud.
The company is announcing enhancements to its leading HPE StoreEasy Storage family including integrated cloud backup with Microsoft Azure as well as an expansion to the HPE ProLiant Easy Connect hybrid cloud platform and HPE Flex Solutions. Read More
The Role Of Channel Partners In B2B E-Commerce
Keeping the current digital growth plan in mind, it can easily be said B2B e-commerce is slated to grow manifold in the days ahead. More and more big and mid-sized players are entering the market with the dream of making it big, and they probably will do so as well. It is also important that these players engage meaningfully with channel partners so as to garner profit. Read More
Skybox India’s Revenue Up 154%; Focus On Channel Partner
Cyber security firm Skybox Security announced that it has earned substantially from the Indian businesses in 2016, registering a 154 per cent increase in revenue (y-o-y). Skybox works with 15 top-tier channel partners in India, including Mahindra SSG, Valuepoint Techsol, Wipro and HCL and attributes much of its revenue growth to channel partners. Read more
TAITRA Organizes Event In B’lore To Promote COMPUTEX ‘17
TAITRA, the Taiwanese Government Body promoting trade between Taiwan and other countries is organizing an event in Bangalore on February 10 to introduce COMPUTEX 2017, slated for May 30th to June 3rd, 2017 at Taipei, Taiwan.
TAITRA, which promotes trade between countries is organizing COMPUTEX 2017, Asia’s largest and the world’s second largest B2B ICT and IoT trade show and startup platform, at Taipei.Read More
RS Components Opens Electronic Center In Bengaluru
RS Components, the world’s largest distributor of electronics and maintenance products, has opened an Electronic Center in Bengaluru. The company plans to invest close to $15 million over the next two to five years in the center, the Business Line reports.
The new 2000 sq ft office has been set up to support electronic design engineers and manufacturers in the region. The company also plans to set up a warehouse, which will enable RS Components to undertake “next day delivery” for its customers. Read More