Wednesday, May 20, 2026
  • Home
  • About us
  • Privacy policy
  • Advertise with us
  • Contact us
Fii News Logo
No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Newsletter
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports
Fiinews
No Result
View All Result
Home Economy

India to become a trillion-dollar digital economy in 2-3 years

Fiinews by Fiinews
December 16, 2018
in Economy, Investment, Manufacturing, Technology
Reading Time: 1 min read
A A
0
0
SHARES
10
VIEWS
LinkedinShare on Twitter

Think Big, says Ravi Shankar Prasad

 

Source: Dept of Justice.
Minister Ravi Shankar Prasad.

The ‘Digital India’ programme, politics-neutral, centre-state-neutral and ideology-neutral, had resulted in large-scale technology adoption, leading India to be a trillion-dollar digital economy in the next two to three years.

Ravi Shankar Prasad, Minister of Law and Justice, Electronics and Information Technology, summed up the success of during his address to the 91st Annual General Meeting of FICCI on 15 Dec 2018 in Delhi.

Prasad said that the ‘Digital India’ was transformative, designed to empower the citizens, bring about digital inclusiveness and bridge the rural-urban divide.

The reliance was on low-cost technology as evidenced by the spread of digital identity through ‘Aadhar’ which supplements the physical identity of the people, he said.

The ‘New India’ envisioned by the present government marks a tectonic shift in thinking, he pointed out.

“It is an inspiration to think big. Unless you think big, you can’t achieve modest success”, he said.

Prasad highlighted examples of the adoption of digital technology such as the increase in the number of mobile phones, smart phones, component manufacturing factories and optical fibre network.

This was being achieved by the same people and the same process, said Prasad, adding that this only proves the point that if you are able to connect the big picture, the people will respond.

Prasad said the fundamental philosophy behind the success of the digital transformation was IT+IT=IT (India Talent + Information Technology = India Tomorrow).

He said India missed the industrial revolution due to historical reasons; it missed the entrepreneurial revolution owing to the licence-permit quota raj. “We don’t want to miss the digital revolution which is designed to transform India”, he stressed. fiinews.com

Tags: Minister of Law and Justice/Electronics and Information TechnologyRavi Shankar Prasad
ShareTweetShare

Related Posts

PIB
Investment

Invest: Danish companies invited to GIFT City

by Fiinews
May 20, 2026
0
11

India-Denmark to establish Smart Laboratory on Clean Rivers in Varanasi Prime Minister Narendra Modi has invited Danish companies to setup...

Amtech
Technology

Technology: Amtech Bengaluru offers practical AI

by Fiinews
May 20, 2026
0
17

Vinod Kumar believes strongest companies are built by people Amtech Software of Fort Washington, Pennsylvania, says its new technology and...

PIB

Invest: Norway offers $100bn to Indian economy

May 20, 2026
22
ASML

Manufacture: Tata-ASML partnership signed

May 18, 2026
13
PIB

Invest: EU industries invited to India

May 18, 2026
22
HZL-Vedanta

Manufacture: AI to drive industrial leadership

May 17, 2026
14
SBI YONO

POPULAR NEWS

  • Cristina Dnv

    Projects: Indian yards set to build green ships, says DNV expert

    0 shares
    Share 0 Tweet 0
  • Market: Indian-origin UGF scales heritage consumer brands globally

    0 shares
    Share 0 Tweet 0
  • Investment: India welcomes US investment and technology collaboration

    0 shares
    Share 0 Tweet 0
  • Market: PM Modi-President Zelenskyy discussed trade and technology

    0 shares
    Share 0 Tweet 0
  • Technologies: Royal Diamond sponsors aerspace Industries’ drones in UAE

    0 shares
    Share 0 Tweet 0

Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

7Clicks Media is a Singapore based Media & PR company offering over 100,000
impressions via our targeted communication strategy.

It is led by editor-in-chief Gurdip Singh who has worked over 45 years reporting on
Asian businesses.

Recent News

  • Project: Redington-FIMER’s residential solutions
  • Market: 3,995 Indian companies join Dubai chambers
  • Project: Steel investment challenges climate goal
  • Tender: Multi-functional Brahmaputra corridor
  • Tender: Approved line to boost Chennai network

Pages

  • About US
  • ADVERTISE ON FIINEWS.COM
  • CONTACT US
  • EVENTS
  • FII-NEWS.COM PDF ARCHIVE
  • Home
  • News
  • PRIVACY POLICY

Subscribe to Newsletter

  • About
  • Advertise
  • Careers
  • Contact us

© 2024 FIINEWS - Design and developed by 7clicksmedia.

No Result
View All Result
  • Tenders
  • Projects
  • Markets
  • Manufacturing
  • Investment
  • Technology
  • Exports

© 2024 FIINEWS - Design and developed by 7clicksmedia.