Shail Khali4:36
So let me just take this question in two halves. Coming to setting up in India and how the experience has been: of course, as you rightly said, Tanvi, we are quite new in India. Having said this, operationally, strategically, and planning-wise, we are doing excellent in all spheres. When I look at how we started maybe sometime in the month of April, which is really new, and today, it has been operationally very satisfying. I would like to add that the satisfaction level, the level of positivity that I see in this area of business or in this location of DataArt has also primarily been because we have a very extensive global association with our global colleagues. I wouldn't have been here or maybe my small little center here as a location wouldn't have been what it is today if not for our extensive global team that has supported us a lot. It started with just one person, now we are reaching about 12 people. So it's small, steady, slow, yet operationally a wonderful journey till date and it continues. We work with some very good third-party partners here in India who are supporting us in our legal requirements, our accounting requirements. So all in all, it's been very satisfying how we are doing today. Now coming to your second question on what makes us look at India and the benefits of working in India. DataArt had this vision and we've always been very organic in our growth, number one. Before I talk about benefits, we never pushed, rushed, or jumped into doing anything just because the markets demanded or maybe some wise man demanded that it has to be done. It was very organic. So happened our coming to India, expanding this location, expanding into this geography. Even when it comes to India, automatically it's a no-rush, no-push kind of a mechanism that we would have in this country to grow this location as per the location dynamics, location necessities, location laws. We will have our entry or grow into this location as per the need, yet it's going to be organic. What benefits are there? Of course, this I'm going to generalize. We see these benefits even for DataArt India or DataArt Global. We are here to utilize the diverse IT pool that India brings in without doubt. You and me and even Alexei agree that we have the numbers in India and that's where we would like to focus on. We would like to focus on the diverse IT pool, we would like to focus on the emerging technologies that India is again throwing up to us globally in numbers, whether it comes to data science, whether it comes to AI/ML, and so on. So that is one benefit we see in India. Secondly, of course, is also cost efficiency. We feel that in comparison to certain other locations, we are cost efficient. When I say cost efficient, we are efficient when it comes to both labor and operational costs. So we are looking at cost efficiency models when we look at DataArt as a whole. Of course, being on the Eastern Asian side of the globe, we also are able to bring in the time zone advantage. Maybe our customers would be in the United States or in the United Kingdom, yet we are able to service them 24/7 by opening up Asia as a whole, by opening up India. We would like to service our clients 24/7 right from where the sun rises in Japan and sets in Hawaii and all the countries in between. So this time zone advantage is what we are looking at at DataArt. Of course, the cultural diversity that India brings in and the collaboration that India brings in are very pivotal to our expansion plans for DataArt because this cultural diversity fosters how we as a global company can work in diverse work environments, how we encourage collaboration amongst teams who maybe having perceptions, maybe having some myths, maybe having some preconceived experiences. All these kinds of things could be broken into one DataArt by working in India.