Digital India a US$ 1 trillion business opportunity, says Ravi Shankar Prasad

New Delhi: The communications and IT minister Ravi Shankar Prasad has said ‘Digital India’ initiative of the government is a $1 trillion business opportunity across IT and IT enabled services, telecom and electronics manufacturing.

At the FICCI Frames 2016 Media & Entertainment Industry Conclave in Mumbai Prasad said Prime Minister Narendra Modi’s campaign to empower the citizens of India digitally will provide a business opportunity of $400 billion for electronics manufacturing including mobile phones, solar panels and so on.

He added that another $350 billion opportunity will be presented by the IT and ITES sector and the communication services will provide business opportunity of another $250 billion.

“The aspirational urge of Indians is driving the digital world in a phenomenal way. And the government’s job is to create an enabling eco-system for its growth.” Prasad said.

Speaking about various other Modi government’s initiatives including Skill India, Stand-Up India, Aadhaar roll out, Make in India and Smart Cities, Prasad asid all thse initiative involved enormous use of digital technology.

Source: Economic Times:  March 31, 2016



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