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MeitY: Government to roll out 5-year plan to make India big tech player: Rajeev Chandrasekhar


The federal government is taking a look at rolling out a five-year strategic perspective plan to make India a big tech participant, Minister of State for Electronics and IT Rajeev Chandrasekhar mentioned on Tuesday.

The minister added that the Ministry of Electronics and IT (MeitY) will associate with the non-public sector in areas not simply restricted to soliciting enterprise for them however for future expertise developments like quantum computing, synthetic intelligence, cybersecurity and semiconductors, in keeping with an official assertion launched by the ministry.

“Prime Minister (Narendra Modi) has set some critical ambitions and desires India to be a big participant within the tech house.

“Quickly, we’re going to roll out a five-year strategic perspective plan, detailing the competency and capabilities that must be developed for realising these ambitions,” Chandrasekhar mentioned at a expertise convention organised by the Confederation of Indian Trade (CII).

He added that there have been super strides in digitising the nation’s financial system and public providers prior to now six years, which has helped India stay resilient through the COVID-19 pandemic.

“Now we have created Unicorns on the price of two a month, attracting USD 65 billion funding within the tech house,” Chandrasekhar mentioned.

The minister mentioned the post-COVID-19 period provides a brand new set of alternatives and there has by no means been a extra thrilling time for these in expertise than right now.

“At MeitY, we now have clear goals, we count on to be companions with the non-public sector in areas not simply restricted to soliciting enterprise for you…however even in areas of future expertise growth whether or not it’s quantum computing or strategic areas, the place we wish India to create competencies like synthetic intelligence, cybersecurity, and semiconductors, and many others,” he mentioned.

The minister mentioned the federal government is keen to stroll the additional mile and is open to all types of consultations to organize a street map for India to emerge as a big participant within the expertise house.

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