Speaking at the inaugural session of the International Conference and Exhibition on Digital technologies “Future Tech 2021” organized by CII, Rajeev Chandrasekhar, Minister of State in the Ministry of Electronics & IT, Ministry of Skill Development and Entrepreneurship said, “We expect to be partners with the private sector in areas not just limited to soliciting business but even in areas of future technology development whether it is quantum computing or strategic areas where we want India to create competencies like artificial intelligence (AI), cyber security, semiconductors etc.”
He stated that “In the last 6 years we have made tremendous strides in digitizing our economy and public services within the economy. It has helped India prove to be resilient during the COVID-19 Pandemic. We have created Unicorns at the rate of two a month, attracted 65 billion dollar investment in the technology space and grown the overall ambition during this period.”
Speaking on the roadmap, Rajeev Chandrasekhar said, “This is the time to reset our ambitions and re-imagine the future in very different ways from the pre-COVID era. The post COVID era provides a very different opportunity framework that is at play today for companies in India.”
Rajeev Chandrasekhar also spoke about the vision of the Prime Minister with the industry representatives, stating that “Prime Minister has set some very serious ambitions and wants India to be a significant player in the technology space. Soon we are going to roll out a five year strategic perspective plan, detailing the competency and capabilities that need to be developed for realizing these ambitions.”
On India being compared with its competitors in the technology sector, Rajeev Chandrasekhar says, “I don’t think that the velocity of the train we are trying to compete with should bother us. We are in a position to leapfrog and move at a rate much faster than any other country.”
Concluding his address, Rajeev Chandrasekhar said, “He was willing to walk the extra mile and is open to all sorts of consultations to prepare a roadmap for India to emerge as a significant player in the technology space.”
Future Tech 2021 event will revolve on 5 theme pillars: Strategy, Growth, Resilience, Inclusiveness, Trust with a focused theme on
“Driving technologies for building the future, we all can trust”. The International conference would comprise interaction amongst entrepreneurs, industry leaders and government officials and shall provide a platform for discussion on application of digital technologies.