India presents great business opportunities: Alibaba Cloud

IANS  |  New Delhi 

With Indian organisations already spending heavily on public Cloud services, time is now right to do business in the country, a top from Alibaba Cloud, the arm of Chinese giant Alibaba Group, said on Friday.

"has always been dedicated to empower enterprises of different sizes to tap into opportunities in the digital age. With digital transformation poised to add close to $154 billion to India's GDP, this is a great opportunity for us to do business in India," Alex Li, of Asia Pacific, said in a statement.

With an estimated $2.12 billion spent on public Could services, currently ranks third on the list of countries in excluding Japan, according to a study by the (IDC).

At its "Eco Summit" here, the arm of the also launched its new distribution channel programme that encourages partners to bring in-depth technical knowledge to customers.

Under this channel strategy, said it will also build to focus on various market segments and sectors such as start-up and business.

To further strengthen this network, the group plans to train 1,000 sales and in in the next six months.

Alibaba Cloud provides products and services to clients in India across the e-commerce, gaming, media, retail and IoT sectors through an extensive network of distributors.

In January this year, the company set up its first India data centre in to fulfill the surging demand for services among the fast-increasing number of Indian small and medium-sized businesses in the region.

HCL Infosystems Ltd, which is one of Alibaba Cloud's major value-added distributors in India, attended the event.

"We are very excited to with Alibaba Cloud in India. Today the Indian enterprise market is very receptive to new technologies such as cloud that provide strategic business advantages and this demand is on an upward trend," said Bimal Das, of Enterprise Distribution, HCL Infosystems.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, July 13 2018. 13:42 IST