In an exclusive interview with CNBC-TV18, Microsoft CEO, Satya Nadella said that Microsoft will be successful only if India Inc does well.
Speaking from the sidelines of the Microsoft Future Decoded Summit, he said, “It is great to be back in India and India is very important to us. Let us start with human capital we have, next to sort of Seattle and the Redmond area that the number of engineers we have in India is the second biggest center. So we are very excited about how India is contributing to Microsoft worldwide.”
“However, India as a market is changing radically. If you sort of look back to the last ten years, the penetration of mobile and cloud has made it possible for the next ten years to perhaps be the time when every small business to large business is being transformed by technology,” he added.
“Even this morning, when I was talking from Piramal Glass to what Reliance is doing across the board or what Apollo Hospitals – it has in fact built out a new model for cardiac issues which is using Indian data to benefit the south Asian population worldwide. These are all amazing examples of how technology can make broad sectoral progress around economic and productivity,” Nadella added.
Talking about business, he said, “We will be only successful if India is successful. In fact, one of the things that are super important to recognize in our business model is we will do well in India if India Inc, all the way from small business to large business, does well because that is the fundamental thing. If digital technology is going to lead to local surplus, when hospitals are becoming better at delivering healthcare with lower cost, when energy companies are becoming more efficient in making India more sustainable, when we retail companies here are going to competitive versus multinationals coming in, that is when we will succeed.”
When asked if digital tax be disruptive, Nadella said, “One of the things that we should fully expect and in fact take privacy, privacy is a human right -- coming out of the European Union in GDPR General Data Protection Regulation (EU GDPR) we effectively have regulation already which is now going to be everywhere. Even in India, we are going to take the same approach which is when we took even GDPR regulation, we did not just do it for Europe, in fact, we took the subject rights and made it available worldwide. So, we are going to fully conform to the laws.”