1. Digital India initiative may create $ 3-4 bn IT opportunity

Digital India initiative may create $ 3-4 bn IT opportunity

The Digital India initiative, launched by PM Narendra Modi on Wednesday, could potentially translate into a business opportunity of $3-4 billion annually for the Indian IT industry, which already has the experience of implementing large scale and complex government projects in the country.

By: | Updated: July 2, 2015 12:00 PM
digital india week, narendra modi

The Digital India initiative, launched by PM Narendra Modi opens up countless opportunities for the 6 billion Indian IT industry which till now was predominantly focused on the overseas market. (Reuters)

The Digital India initiative, launched by PM Narendra Modi on Wednesday, could potentially translate into a business opportunity of $3-4 billion annually for the Indian IT industry, which already has the experience of implementing large scale and complex government projects in the country.

The Digital India vision opens up countless opportunities for the $146 billion Indian IT industry which till now was predominantly focused on the overseas market. As a first step, a Centre of Excellence for internet of things has been launched in Bengaluru to be run on the public-private partnership model with seed funding from the government. The project will be managed by Nasscom, a statement from the IT body said on Wednesday.

Talking to FE, T V Mohandas Pai, former Infosys board member and chairman, Manipal Education Group, said Indian IT companies under this project will look to build applications for e-governance, delivering public services and most importantly generating content in local languages. He pegged the annual business opportunity for the IT industry at $3-4 billion.

Wipro chairman Azim Premji, who spoke at inaugural function, said, “The vision of the Prime Minister is powerful as it aims to digitally empower every citizen through technology and breakdown the digital divide.” He felt that it is a very transformative idea for Indian talent that along with IT will lead to an India of tomorrow.

Digital India also found its resonance abroad with Microsoft CEO Satya Nadella, in his message stating, “We believe that technology can uniquely support the government’s initiatives in key areas including: rural internet connectivity, digital cloud services for all its citizens, and communications and productivity services for the government.” He reiterated the firm’s commitment to India by bringing in its cloud services technologies to India.

  1. J
    Jay
    Jul 2, 2015 at 1:26 am
    INFORMATION TECHNOLOGY IS THE LARGEST EMPLOYER PROVIDING GOOD LIVELIHOODS TO MILLIONS OF OF OUR YOUNG PEOPLE TODAY AND BRINGS IN MORE FOREIGN EXCHANGE THAN ANY INDUSTRY. IT IS EARTH FRIENDLY, DOES NOT USE SCARCE RESOURCES, ONLY THE BRAINPOWER OF OUR PEOPLE, WHICH WE HAVE IN PLENTY. WITH MODI JIs DREAM OF 100 SMART CITIES BEARING FRUIT, IT WILL PROVIDE GOOD JOBS TO MILLION MORE YOUNG PEOPLE IN EACH SMART CITY AND UNLIMITED FOREIGN EXCHANGE.. OUR CONNECTED NATION WILL MAKE THE GREAT LEAP TO JOIN DEVELOPED NATIONS IN UNDER MODI JIs WATCH. JAY HO NARENDRA MODI,, JAY BHARAT.
    Reply
    1. J
      Jay
      Jul 2, 2015 at 1:21 am
      INFORMATION TECHNOLOGY IS THE LARGEST EMPLOYER PROVIDING GOOD LIVELIHOODS TO MILLIONS OF OF OUR YOUNG PEOPLE, AND BRAINGS IN MORE FOREIGN EXCHANGE THAN ANY OTHER INDUSTRY. TODAY. IT DOES NOT NEED SCARCE RESOURCES LIKE WATER, POWER, RAW MATERIALS LIKE COAL/IRON.,. IT ONLY USES THE GREY MATTER (BRAINS) OF OUR PEOPLE, AND WE HAVE AN UNLIMITED SUPPLY OF THAT. WITH MODI JIs DREAM OF 100 SMART CITIES BEARING FRUIT, IT WILL PROVIDE GOOD JOBS TO MILLION MORE YOUNG PEOPLE IN EACH SMART CITY AND UNLIMITED FOREIGN EXCHANGE. OUR CONNECTED NATION WILL MAKE THE GREAT LEAP TO JOIN DEVELOPED NATIONS UNDER MODI JIs WATCH. JAY HO NARENDRA MODI,, JAY BHARAT..... ....WHAT A GREAT WAY TO NAIL 60 YEARS OF KHANGRESS DYNASTEYS DIVIDE AND LOOT OUR NATION MISRULE FOREVER
      Reply

      Go to Top