Industry Interaction Programme (IIP) Series -1 Session on ‘Decoding Goa IT Inc.’

The PG Department of Commerce organized an Industry Interaction Programme (IIP) Series-1 Session on ‘Decoding Goa IT Inc.’ The Resource Person was Mr. Mangirish Salelkar, CEO and Co-Founder of UMANG Group. The main objective of the session was to provide an overview and current position of the IT Industry in Goa. Mr. Myron Pereira, Asst. Prof. in Commerce welcomed the Resource Person and gave a brief overview of the importance of the session. Ms. Valerie Viegas from M.Com Part I introduced the Resource Person.

Mr. Mangirish Salelkar began the session by giving a brief overview of the IT Industry in Goa and the number of IT Companies functioning in Goa. He differentiated between the concepts of Digitalization (moving from offline to online or automation of processes) and Digitization (conversion of physical records or data into digital form). He spoke about the Government schemes available to finance a startup idea in IT sector and also spoke about the concepts of mergers and acquisition as a solution for growth. Thereafter, he discussed about the problems and challenges faced by the IT Industry during the Covid and Post-Covid Period. Since most of the companies switched to work from home, the UMANG Group came up with a solution called UPSTAX. As the economy was forced to automate all data, records and accounts into electronic form, it contributed to the growth of the IT Industry. Mr. Mangirish concluded the session by saying, ‘Post pandemic, the Tech Industry in Goa is growing at a rapid pace, the local ecosystem is very supportive and encouraging. Government, Academia and Industry are in sync to uplift the IT Industry.’

The session was very interactive, where the students posed various queries and cleared various doubts through the expert answers given by the Resource Person. The Vote of Thanks was given by Ms. Roshni Khatun of M.Com-I and the session ended at 1.00 pm. 65 students from M.Com Part I and II attended the session.

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