Industries see opportunities in Xi's proposal

Girish Ramachandran, Asia Pacific president of Tata Consultancy Services.

The Belt and Road Initiative is a great opportunity for global trade, and to build connectivity for China around the world by enabling a more efficient supply chain. The whole initiative for reviving the Silk Road is technology-driven, and it will in turn help China bring some of its world-class technologies to economies along the route. The Belt and Road Initiative will also drive Chinese brands to gain international fame, which is set to pave the way for China's next phase of growth.

TCS is a strong believer and supporter of globalization, and the Belt and Road Initiative certainly serves that purpose. We generate 95 percent of total revenue from outside India, and the initiative will continue to fuel business momentum for us. While certain countries are looking inward, I hope it's a passing cloud and more people will see opportunities in the initiative.