In 2015, when Prime Minister Narendra Modi launched the Digital India campaign, he presented a vision with the aim that technology will not only create opportunities for startups but also create a natural framework for changing the lives of citizens of India, the Union. The minister said at a joint program on Thursday on ‘Evolution and growth of Global Capability Centers in India: 2023 and beyond.’ The event was organized by gnani.ai and Tech Bharat in the city
“There is a clear vision that our Prime Minister has for the digital space and the digital economy in particular. He wants India not to be a supplier of talent but a producer of technology, equipment and products,” said Chandrasekhar.
According to him, this vision is now becoming a reality for everyone to see.
The Union Ministry said post COVID, India has the momentum, growth and speed to achieve the $5 trillion economic goal and the central government is focusing on getting there.
India had few IT and ITES companies, which were providing solutions to the world, but now the country has many opportunities, he said.
India has an ITES industry that is growing at 15 to 20 percent annually and there are Global Capability Centers (GCC) coming up in the startup eco-system, computer space, semiconductor and AI,” the Union minister said.
“The traditional story around India that India was a cheap place for talent, is now being replaced slowly and systematically with high-quality talent. The genie is out of the bottle. The genie here is talent, determination and confidence,” said Chandrasekhar.