Investment in new tech will provide boost to IT sector: Experts

Sunil Pradhan
Sunday, 2 February 2020

Managing Director of NEC Technologies India Pvt Ltd Takayuki Inaba said that the current Budget proposals exhibit a determined approach of government to make India ready for new technologies.

PUNE: With a number of initiatives in pipeline to use information technology, announced by Finance Minister Nirmala Sitharaman, experts from the information technology have welcomed the initiatives and shared that the initiative will boost the technology sector in the country. While presenting her Budget, the finance minister stressed on proliferation of technologies like analytics, machine learning, robotics, bio-informatics and Artificial Intelligence.

Founder and CEO, Data Ingenious Global Ltd, Ajay Data, said that the Budget provides enough hope that the government is going to realise the dream of Digital India and acknowledged the critical role of ‘New Technology’ in changing the lives of the people. Proposed policy on ‘Data Centre Path’ and push to Artificial Intelligence (AI), Machine Learning, Internet of Things (IoT), Cloud Computing 3-D Printing, and ‘Digital Connect’ will fulfill the dream of Digital India. Provisions announced will provide impetus to improve and expand the skill sets of youths in newer areas such as Automation, Artificial Intelligence, Big Data and others,” added Ajay Data.
 
Managing Director of NEC Technologies India Pvt Ltd Takayuki Inaba said that the current Budget proposals exhibit a determined approach of government to make India ready for new technologies.

“Similarly, Rs 6,000 crore allocation for the proliferation of technology to the lowest level of society by connecting 1 lakh gram panchayats through Fibre to Home connections for supporting basic social infrastructure is a welcome step. The vision of providing panchayat level public institutions with digital connectivity will help streamline the integrated development work and open big opportunities for several stakeholders in the country. Proposal to develop Data Center Parks throughout the country is another major step towards digitisation and capitalising data resource available with government agencies. Allocation of Rs 80,00 crore over five years for National Mission on Quantum Technology is another positive step towards taking the country to the digital era. All these efforts will promote the use of technology and digitisation and play an important role in the overall development of the economy.”

President TiE Pune Ravi Nigam said that the start-up environment should benefit considerably from government’s push to build data centre parks around Deep analytics / AI  and IOT and providing digital connectivity (affordable Fibre to Home – FTH ) to over 100,000 villages for all essential services.

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