Vidyadhar Purandare, Secretary, of the Software Exporters Association of Pune (SEAP) shares his budget outlook,

“The budget looks encouraging and is an attempt to build a strategy for the Vikasit Bharat. IT Industry point of view abolishing angel tax for all classes of investors is a welcome move and will greatly help the start-up ecosystem. Further India’s foreign companies get corporate tax relief from 40% to 35%. This will benefit foreign-owned foreign-controlled companies and may attract investment and encourage investors. The salaried get some relief on account of an increase in the limit of standard deductions.

What I would have liked to see in the budget was some strategy on the sez scheme and comment on the DESH bill. The sez industry is eagerly waiting on relief to perform exports to DTA units in INR. An infrastructure fund for various industry hubs especially IT hubs in the country will greatly help address the last-mile infrastructure challenges all major IT hubs in the country have been facing (Bengaluru, Pune, Hyderabad, Chennai, etc.)“

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A Computer Engineer from Pune University, Vinita has acquired many certifications from IIM Ahmedabad and IIM Kolkata. Currently, Vinita is working as an Independent Advisor and Board of Directors in two organizations. Vinita is a DEI Champion, a consultant for organization culture, and a leadership coach with a passion for mentoring. Before Vinita took the path of an independent journey, she worked for Global Technology organizations for 27+ years in various leadership capacities. Her last corporate role was with Dell Technologies – where she was General Manager for the India Centre of Excellence across Bangalore and Pune.

The members of the Executive Committee include Nitin Deshpande, Ashutosh Parasnis, Ramprasad S, Prashant KS, Ashwin Megha, Abhijeet Atre, Swapnil Deshpande, Parag Barve, Tushar Shetty, and Ashish Bhansali. Tenure of this newly formed executive committee would be of 2 years (2023-2025).

SEAP was formed as an association of Software Exporters in Pune in 1998. The initial focus was to interact with various government agencies and provide member software companies with the support they needed for establishing efficient operations. In its second phase, SEAP saw its membership grow and as larger companies made Pune its home, newer needs and newer ideas emerged. The seeds of greater collaboration within the industry were sown. In 2011, a new initiative to encourage start-ups, called Pune Connect was launched. Starting with just 10 entrants, Pune Connect attracted 190+ entrants in 2019. Apart, SEAP continues to work closely with various government agencies to provide policy inputs as well as to highlight broader issues faced by member companies. Currently, over a hundred software companies operating from Pune and nearby areas are members of SEAP.

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