While praising Prime Minister Narendra Modi's US visit, the Internet and Mobile Association of India (Iamai) has said that this will create unmatched opportunities for the advancement of India’s techade and avenues for cooperation, partnerships and investments.
The internet body stated that India’s tech sector has seen significant growth thereby unlocking investment opportunities, proliferating start-ups and job creation. The proliferation of start-ups and job creation is a crucial aspect of the technology sector's growth and development.
"Startups play a significant role in driving innovation, fostering entrepreneurship, and creating employment opportunities. India has emerged as a global leader in the creation of digital public goods, which will unlock the potential and drive the creation of an inclusive digital economy," it added.
Notably, PM Modi in 2021 said that this decade would be “India’s techade” and in alignment with this commitment, the public and private partnerships orchestrated during the state visit are both historic and tectonic, giving an unmatched fillip to India’s tech progress.
This visit unlocked opportunities across sectors including defence, space, semiconductors, artificial intelligence, quantum computing, telecommunications, and consular services. These will play a critical role to realise India’s vision of a 1 trillion dollar digital economy, it mentioned.
Harsh Jain, Chairman of Iamai said, “Fostering an open, accessible, safe and secure technology ecosystem will enhance the capability of the entire technology ecosystem of India. It is not only a historic moment for India in terms of attracting huge investments in technology, but also an opportunity to create Indian IP in the areas of emerging technologies which will transform the entire ecosystem."