The Economic Times daily newspaper is available online now.

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

    Synopsis

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

    ET Bureau
    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.

    Elevate Your Tech Prowess with High-Value Skill Courses

    Offering CollegeCourseWebsite
    MITMIT Technology Leadership and InnovationVisit
    Indian School of BusinessISB Product ManagementVisit
    IIM KozhikodeIIMK Advanced Data Science For ManagersVisit
    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.

    The Economic Times

    Stories you might be interested in