New Delhi [India], Industry leaders gathered at the residence of Union Minister Hardeep Singh Puri for the 'Special Contact Campaign' event, where they discussed the rapid progress in India's tech sector and the future of the country. The event, held on Monday evening, brought together some of the country's top I professionals, innovators, startup leaders and intellectuals.
Rikant Pitti, co-founder of EaseMyTrip, highlighted the growth of startups in India and said that the future of the country lies in the hands of technology. “In 2018, there were 450 registered startups. Today, this number has crossed 1 lakh.The startup ecosystem is expanding rapidly. With the Digital India initiative launched in 2015, Internet access has become widespread. Under the BharatNet scheme, more than 2.5 lakh gram panchayats and villages now have internet connectivity. The future of the country is firmly in the hands of technology, he said while speaking to ANI, adding that India's digital economy has grown substantially. I am very optimistic that we can become a developed India before 2047. There is no other country in the world that is expanding its digital public infrastructure so rapidly,'' he said.Rakesh Verma, CEO and Co-Founder, Semiconductor Microelectronics, discussed the growth prospects in India's semiconductor industry and how India's $2 billion import industry will grow to $100 billion. “I was in the semiconductor sector for about 27 years. Then I thought of quitting and doing something for India. We thought it was the right time for government policies to come in, so we started our own company in 2017. I have There are around 12 patents, and Pratap (co-founder) has around 30 patents in his name, our company has 10 patents,” he said.“We thought of starting our company with products that can be useful not only in India but also abroad. It is right to get into chips and integrated circuits (ICs), and with the upcoming policies, it Speaking to ANI, he said, "India's imports are 24 billion dollars and will increase to 100 billion dollars in the near future. So this is the right time to get into chips.”
Pankaj Mohindroo, President, Indian Cellular Association, talked about the remarkable growth in India's electronics sector, "The story of mobile phones, what has happened in India is a very inspiring story. In 2014, we were at ground zero at that time.From there, he said, "We're growing about 2,100 percent." We are producing phones worth more than Rs 4 lakh crore.'' He said, ''In electronics, we have grown by almost 400 percent. Electronics was an area that was completely rejected by the investment world. It was a bad word.Today we have a lot of listed companies. “The evaluations we are getting are extremely hot.”
Rajan Anandan, MD, Peak XV Partners, underlined the massive transformation taking place in India's digital ecosystem. He said, "After the 2014 reforms, the number of active mobile phone data users in India has increased to over 800 million, which is more than the US and China. So this is an extraordinary transformation of the digital ecosystem.He said, “When it comes to Digital India we without a doubt have the most vibrant in terms of broad-based innovation ecosystem. But what I am most excited about is de-regulation in specific, strategic sectors." In his speech, he said, "Deregulation and opening up of strategic sectors like space, defense etc. has boosted innovation. Due to the ecosystem provided by the government in the last 10 years, India has become the top innovator in the world in cutting-edge sectors like aerospace, space and defence, which was unimaginable in the past!” Union Minister Hardeep Singh Puri echoed these sentiments while praising the young professionals present at the event.Puri said on microblogging site "My friend and colleague @Rajiv_GoI ji to welcome some of the country's top IT professionals, innovators, startup leaders and intellectuals to a conversation on India's exemplary progress in the information technology and digital sector under the visionary leadership of Prime Minister @NarendraModi ji. Delighted to be associated with #VikasBhara at a special connectivity event at my residence today,” Puri said in his post on X. “These young professionals are the beneficiaries and leaders of #VikasBhara who are guiding India's tech prowess through #AmritKaal. And will take me to an even brighter future," she said. “Ten years ago no one could have imagined that young people with no business background could one day run huge businesses worth millions of dollars and provide employment opportunities to millions of professionals, or for that matter, even in remote parts of the country There will be digital payment.Be able to accept digital payments,” read the post.
Rikant Pitti, co-founder of EaseMyTrip, highlighted the growth of startups in India and said that the future of the country lies in the hands of technology. “In 2018, there were 450 registered startups. Today, this number has crossed 1 lakh.The startup ecosystem is expanding rapidly. With the Digital India initiative launched in 2015, Internet access has become widespread. Under the BharatNet scheme, more than 2.5 lakh gram panchayats and villages now have internet connectivity. The future of the country is firmly in the hands of technology, he said while speaking to ANI, adding that India's digital economy has grown substantially. I am very optimistic that we can become a developed India before 2047. There is no other country in the world that is expanding its digital public infrastructure so rapidly,'' he said.Rakesh Verma, CEO and Co-Founder, Semiconductor Microelectronics, discussed the growth prospects in India's semiconductor industry and how India's $2 billion import industry will grow to $100 billion. “I was in the semiconductor sector for about 27 years. Then I thought of quitting and doing something for India. We thought it was the right time for government policies to come in, so we started our own company in 2017. I have There are around 12 patents, and Pratap (co-founder) has around 30 patents in his name, our company has 10 patents,” he said.“We thought of starting our company with products that can be useful not only in India but also abroad. It is right to get into chips and integrated circuits (ICs), and with the upcoming policies, it Speaking to ANI, he said, "India's imports are 24 billion dollars and will increase to 100 billion dollars in the near future. So this is the right time to get into chips.”
Pankaj Mohindroo, President, Indian Cellular Association, talked about the remarkable growth in India's electronics sector, "The story of mobile phones, what has happened in India is a very inspiring story. In 2014, we were at ground zero at that time.From there, he said, "We're growing about 2,100 percent." We are producing phones worth more than Rs 4 lakh crore.'' He said, ''In electronics, we have grown by almost 400 percent. Electronics was an area that was completely rejected by the investment world. It was a bad word.Today we have a lot of listed companies. “The evaluations we are getting are extremely hot.”
Rajan Anandan, MD, Peak XV Partners, underlined the massive transformation taking place in India's digital ecosystem. He said, "After the 2014 reforms, the number of active mobile phone data users in India has increased to over 800 million, which is more than the US and China. So this is an extraordinary transformation of the digital ecosystem.He said, “When it comes to Digital India we without a doubt have the most vibrant in terms of broad-based innovation ecosystem. But what I am most excited about is de-regulation in specific, strategic sectors." In his speech, he said, "Deregulation and opening up of strategic sectors like space, defense etc. has boosted innovation. Due to the ecosystem provided by the government in the last 10 years, India has become the top innovator in the world in cutting-edge sectors like aerospace, space and defence, which was unimaginable in the past!” Union Minister Hardeep Singh Puri echoed these sentiments while praising the young professionals present at the event.Puri said on microblogging site "My friend and colleague @Rajiv_GoI ji to welcome some of the country's top IT professionals, innovators, startup leaders and intellectuals to a conversation on India's exemplary progress in the information technology and digital sector under the visionary leadership of Prime Minister @NarendraModi ji. Delighted to be associated with #VikasBhara at a special connectivity event at my residence today,” Puri said in his post on X. “These young professionals are the beneficiaries and leaders of #VikasBhara who are guiding India's tech prowess through #AmritKaal. And will take me to an even brighter future," she said. “Ten years ago no one could have imagined that young people with no business background could one day run huge businesses worth millions of dollars and provide employment opportunities to millions of professionals, or for that matter, even in remote parts of the country There will be digital payment.Be able to accept digital payments,” read the post.
