SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 19 Sep, 2018  

Globe.9.Thmb.jpg 'Adopt ocean-centric approach to tap cross-border opportunities'

globe-generic082012.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 19 Sep, 2018

National General Secretary of BJP Ram Madhav on Tuesday urged the business community to leverage the myriad cross-border opportunities that were available in areas where security was not a major issue.

Industry needed to adopt an 'ocean-centric' approach and tap the investment prospects in the Indian Ocean region and bring in technology for the prosperity of the region, Madhav said in his valedictory address of the two-day 'Smart Border Management 2018' conference organised by FICCI.

He added that the Indian Ocean region was a 2 billion-strong market and advised businesses to look at North-East India not just as a gateway to trading with the country???s eastern neighbours but to make the region as a manufacturing hub for doing business with the littoral states.

He said people living on the borders were important security agents and called for their inclusion in any strategy to secure the country from infiltration. They have to be provided with electricity, roads, means of communication and this aspect has to be integrated in overall border management, he added.

Sandip Somany, President-Elect, FICCI, said that there was tremendous scope for big data and predictive analytics for coastal security management.

He suggested the need to explore data-driven intelligent systems to harness R&D potential at public-funded R&D labs and transfer of technology with industry partners. 

He stressed the need for enhancing communication and surveillance systems at border areas.

Better technologies and means must be employed to encrypt data during communication from command centre to border posts and vice versa. Industry, he said, would be happy to partner with the government in exploring possible solutions to address these challenges, he said.

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter