The Economic Times: India is star market for top technology companies
India has become one of the fastest growing markets for technology companies. The development is seen as a reflection of both, the country’s good GDP growth (relative to that of other countries) and the increasing desire among Indian businesses and the government to adopt new technologies. Microsoft India Chairman Bhaskar Pramanik said 52 of the top 100 Indian companies listed on the BSE today use the Microsoft cloud. Cloud adopters include HDFC, Bank of Baroda, Axis Bank, Kotak Mahindra Bank, Fortis Healthcare, Apollo Hospitals and Narayana Health. Pramanik said e-commerce pioneers Paytm, JustDial and Snapdeal are using its machine learning technologies and digital assistant Cortana.