India@75: IT sector’s historic rise since Independence to become a global powerhouse
2 years, 3 months ago

India@75: IT sector’s historic rise since Independence to become a global powerhouse

Firstpost  

Considering its fast growth pace, India is at the centre of global IT attraction with players betting big on the future of IT in India Technology has changed the way we communicate, pay bills, commute, interact with governance, and even the way we perceive entertainment. Our government’s flagship initiative, Digital India, has aided in spreading internet access in the remotest parts of the country as much as possible. A press release in 2019 from the Indian government stated that the National Policy on Software Products, aims to develop India as the global software product hub, driven by innovation, improved commercialisation, sustainable Intellectual Property, promoting technology startup and specialised skill sets. While looking back at 75 years of prosperity, the sector is now striving to reshape the future of India’s digital landscape in ways that will only strengthen the unshaken resilience of the country.

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History of this topic

Make AI in India, work for India is the vision as India embarks on AI revolution: Jitin Prasada
2 weeks ago

Make AI in India, work for India is the vision as India embarks on AI revolution: Jitin Prasada

Live Mint  

New Delhi, Dec 9 Union Minister Jitin Prasada on Monday asserted the vision to develop artificial intelligence in India, for India, and all, and said the country is poised for an AI revolution. Prasada, Minister of State for Electronics & Information Technology, in a keynote address at the India Internet Governance Forum 2024, said India is not only the largest …

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company
1 month, 1 week ago

India on track to increase its workforce to 457.62 million by 2028, says a new report by American software company

Hindustan Times  

India is on track to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, reflecting a net gain of 33.89 million workers, a report said on Wednesday. According to a report by American software company ServiceNow, emerging technology will transform talent across India's key growth sectors, generating 2.73 million new tech jobs by 2028. "AI will …

Trump policy stance may look to make India favourable for Big Tech
1 month, 2 weeks ago

Trump policy stance may look to make India favourable for Big Tech

Live Mint  

United States president-elect Donald Trump’s pro-business, soft regulatory stance may benefit Big Tech companies such as Alphabet, Apple, Meta and Microsoft, which have faced scrutiny for their alleged anti-competitive practices under the outgoing Joe Biden administration. Lawyers and policymakers believe that Trump's stance could have a spillover effect in India as well, whose tech regulations, which greatly mirror the European …

Microsoft's AI Momentum in India: A Transformative Opportunity for the Country
1 month, 2 weeks ago

Microsoft's AI Momentum in India: A Transformative Opportunity for the Country

The Hindu  

Microsoft India President Puneet Chandok highlights the growing momentum around artificial intelligence (AI) in the country, with a focus on the AI assistant 'Copilot'. He emphasizes Microsoft's commitment to responsible AI development and compliance with regulatory frameworks. Chandok expresses optimism about India's potential as a major AI hub, citing strong demand and supply sides, including a large pool of skilled …

Impact of US Election on Indian IT Sector: A Mixed Bag of Signals
1 month, 3 weeks ago

Impact of US Election on Indian IT Sector: A Mixed Bag of Signals

Live Mint  

The Indian IT sector is expected to benefit from the upcoming US elections 2024, with positive policy changes potentially boosting investor confidence and stimulating demand. While the sector has shown resilience in the past year, the impact of the elections on specific policy decisions and trade agreements will be closely monitored by investors.

Tech Titans Flock to India: A Strategic Play for the Future of AI
1 month, 3 weeks ago

Tech Titans Flock to India: A Strategic Play for the Future of AI

Live Mint  

Top tech executives are visiting India to explore opportunities for co-creating intellectual properties in tech, as India is the second-largest developer base in the world after the US. With vast sections of the world’s developer ecosystem either based in India or originating in the region, a concerted effort from the Centre is pushing Indian firms to build foundational technologies. This …

Digital Infrastructure: The Secret Weapon for India's Economic Ascent
2 months ago

Digital Infrastructure: The Secret Weapon for India's Economic Ascent

The Hindu  

Finance Minister Nirmala Sitharaman emphasizes the crucial role of digital infrastructure in propelling India's economic growth. She highlights the widespread adoption of digital infrastructure by the Indian people, which has facilitated access to essential services and empowered millions to benefit from various opportunities. The Minister emphasizes the transformative impact of the Digital Public Infrastructure (DPI), which has democratized access to …

Indian IT Services Companies See Growth in Revenue, But Hiring Slows Down
2 months ago

Indian IT Services Companies See Growth in Revenue, But Hiring Slows Down

Live Mint  

Indian IT companies are seeing a rebound in revenue growth, with four of the five largest companies hiring more people in the first six months of the fiscal year compared to the year-ago period. This positive guidance comes at a time when the companies' order books have shrunk in H1FY25 compared to H1FY24, but the current quarter (Q3) is not …

Transforming India's Economy: The Power of Digital Public Infrastructure
2 months ago

Transforming India's Economy: The Power of Digital Public Infrastructure

Live Mint  

The article highlights the importance of digitalization in transforming India's economy. It emphasizes the role of open platforms and collaboration between the public and private sectors in building a robust digital infrastructure. The government's initiatives, such as the Unified Payments Interface (UPI) and the Open Network for Digital Commerce (ONDC), demonstrate the government's commitment to fostering a digital economy.

Tiruchi's IT Landscape Booming: A Steady Rise for IT and ITEs
2 months, 1 week ago

Tiruchi's IT Landscape Booming: A Steady Rise for IT and ITEs

The Hindu  

Tiruchi is emerging as an IT destination, with a surge in software and IT-enabled services companies. The growth trajectory shows a clear momentum, with more companies setting up units and employing IT professionals. The recent spurt in employment by IT and ITES companies, especially ITES providers, indicates a promising future for the IT industry in Tiruchi.

How GCCs are redefining innovation
2 months, 3 weeks ago

How GCCs are redefining innovation

Hindustan Times  

India's economic rise in recent decades can be attributed in part to a powerful force: Global Capability Centres. By establishing centres in tier-2 and tier-3 cities like Ahmedabad, Mysuru, Vadodara, Nashik, Tirunelveli, Bhubaneswar, and Coimbatore, GCCs are fostering balanced development across India. With projections indicating a potential revenue of $80 billion and an employee base exceeding 2 million professionals by …

IT sector has survived many tech transitions: Kris Gopalakrishnan on AI's impact
3 months, 3 weeks ago

IT sector has survived many tech transitions: Kris Gopalakrishnan on AI's impact

Live Mint  

Gopalakrishnan, who has become a philanthropist with his own family office and its investment arm, Pratithi Investments, told Mint in an interview on the sidelines of Global Fintech Fest 2024 on Wednesday that the IT sector is cash-rich and has capable leaders, but companies have their own growth rates, and “some may not make it." India is going to go …

Ep7: Is India blazing a trail on green data centres? | The Interface podcast
4 months, 3 weeks ago

Ep7: Is India blazing a trail on green data centres? | The Interface podcast

The Hindu  

Artificial intelligence has sparked an insatiable appetite for computing power and data storage, driving rapid expansion of data centres - the physical backbone of the digital world. Their massive, scalable data centre infrastructures power cloud services and AI applications that are becoming increasingly integral to business operations and daily life. From the pressing need for sustainable energy solutions to the …

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025
6 months ago

IMF says India's GDP growth to moderate to 7% in 2024 and 6.5% in 2025

Times of India  

NEW DELHI: The International Monetary Fund has forecast that India's GDP is likely to grow to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025. "In India, the outlook is for GDP growth to moderate from 8.2% in 2023 to 7% in 2024 and 6.5% in 2025, because pent-up demand accumulated during the pandemic has been …

Maharashtra govt holds road show in Bengaluru; eyes ₹95,000 crore investments in IT sector
6 months, 1 week ago

Maharashtra govt holds road show in Bengaluru; eyes ₹95,000 crore investments in IT sector

Hindustan Times  

The Maharashtra government held a road show in Bengaluru on Tuesday, seeking investments into the information technology and IT-enabled services sectors. An event was organised at a hotel in Bengaluru -- which is referred as India's Silicon Valley for its IT sector prowess -- in association with industry lobby Assocham. Maharashtra Industrial Development Corporation 's joint chief executive Anil Bhandari …

How cloud computing is shaping the digital landscape
7 months ago

How cloud computing is shaping the digital landscape

Hindustan Times  

Cloud computing is speedily altering the digital sphere in India, extending exceptional prospects for companies and individuals alike. As India strives to develop into a $1 trillion digital economy by 2026, cloud computing has the ability to change the Indian economy technologically and make it more flexible and comprehensive. With businesses realising the power of data analytics, Internet of Things, …

India’s services export grew faster than global average in 2023: UNCTAD data
7 months, 4 weeks ago

India’s services export grew faster than global average in 2023: UNCTAD data

Hindustan Times  

NEW DELHI: India’s annual services export grew at 11.4% in 2023 against the global average of 8.9% and surpassed China which witnessed a 10.1% contraction in the year, according to the quarterly bulletin released by the United Nations Conference on Trade and Development. Robust services trade helped India to compensate for a 3.11% year-on-year contraction in merchandise exports in FY2024 …

The expanding demand for IT professionals in the nationwide | Explained
8 months, 2 weeks ago

The expanding demand for IT professionals in the nationwide | Explained

India Today  

The planet that we live on today is no longer the way it was in the past centuries. This IT sector in India is currently in dire need of skilled and knowledgeable IT professionals who can fulfill the needs and demands of the industry. BCA PROGRAMME The curriculum for the BCA programme is sculpted to provide the students a strong …

India to be third top economy in few years, says Nirmala Sitharaman
9 months, 1 week ago

India to be third top economy in few years, says Nirmala Sitharaman

The Hindu  

Union Finance Minister Nirmala Sitharaman on March 16 said India needs economic freedom to achieve developed nation status by 2047 and assured that the country would move to the third spot in the world economy from the current fifth position in the near future. ‘We should attain economic freedom’ Observing that India was a rich country about 400 years ago, …

Setting the rules in disputes over apps
9 months, 2 weeks ago

Setting the rules in disputes over apps

Hindustan Times  

Last week, Google delisted the apps of 10 Indian businesses from its proprietary app store. This incident, which saw some apps relisted after mediated discussions, highlights the need for a thoughtful resolution of business disputes in the digital economy, increasingly contested on the notion of “fairness”. The margins-led fight between apps and their distributors has many analogues, such as telecom …

DPI value addition can grow up to 4.2 pc
10 months ago

DPI value addition can grow up to 4.2 pc

Deccan Chronicle  

Chennai: Digital Public Infrastructure with entities like Aadhaar, UPI and FASTag contributed 0.9 per cent to the GDP in 2022 and is expected to increase their economic value addition to 2.9 – 4.2 per cent by 2030, said NASSCOM. Apart from the 0.9 per cent economic value add, DPIs also contribute to financial benefits, ecological benefits and process efficiencies and …

Top 10 IT Consulting Companies in India 2024
10 months, 1 week ago

Top 10 IT Consulting Companies in India 2024

The Hindu  

IT consulting companies play an important part in today’s modern world by developing creative solutions to fulfill the ever-increasing needs of corporations, organizations, and individuals. Various professionals from top IT consulting companies assist global organizations in implementing digital solutions that integrate cutting-edge technologies such as Artificial Intelligence, Machine Learning, and others in a way that improves their business requirements and …

Companies battle for small pool of IT employees: Mint-Shine report
11 months ago

Companies battle for small pool of IT employees: Mint-Shine report

Live Mint  

Companies, both IT and non-IT, are grappling with one another to dip into the same cohort of skilled IT employees, leading to a talent gap that India Inc. is struggling to fill. “Beyond conventional talent acquisition, we are actively shaping a workforce capable of leading in an era marked by constant technological evolution.” The gap is prominent as new skill …

Digital economy to contribute 20% of India’s GDP by 2026: Union Minister Rajeev Chandrasekhar
1 year ago

Digital economy to contribute 20% of India’s GDP by 2026: Union Minister Rajeev Chandrasekhar

India TV News  

Gandhinagar: Union minister Rajeev Chandrasekhar on Thursday said that the digital economy will contribute 20 per cent of India's gross domestic product by 2026. Rajeev Chandrasekhar on digital economy "In 2014, the digital economy was around 4.5 per cent of the GDP and today it is 11 per cent. India has now become fastest-growing digital economy The Union Minister asserted …

India on the cusp of ‘an epochal leap’ in ICT sector, says KPMG report
1 year, 1 month ago

India on the cusp of ‘an epochal leap’ in ICT sector, says KPMG report

The Hindu  

Three technologies, 5G/6G, Satellite Communication and Semiconductors, collectively will add $240 billion to the Indian economy in the next five years and add 1.6% to India’s GDP by FY28, estimates KPMG in a report titled Expanding Tech Horizons: Unlocking India’s Digital Potential released at the India Mobile Congress 2023 on Friday. The report projects an ambitious and positive outlook for …

How the Digital India Act will shape the future of the country’s cyber landscape
1 year, 2 months ago

How the Digital India Act will shape the future of the country’s cyber landscape

The Hindu  

October 09, 2023 08:30 am | Updated 08:30 am IST Nations worldwide are grappling with the need to update their legal frameworks to adapt to the evolving digital landscape. The recent announcement of the Digital India Act 2023 represents a significant step towards establishing a future-ready legal framework for the country’s burgeoning digital ecosystem. The primary motivation behind the DIA …

‘Digital India Experience Zone’ to be set up at G20 Summit. Get a sneak peek here
1 year, 3 months ago

‘Digital India Experience Zone’ to be set up at G20 Summit. Get a sneak peek here

Hindustan Times  

During the G20 Summit in New Delhi, which marks the conclusion of India's G20 presidency for the year, a ‘Digital India Experience Zone’ will be set up to showcase the country's digital advancements to member nations and other guest nations. To experience India's best practices in implementing DPIs, G20 delegates can visit Hall 4 and Hall 14 in the Bharat …

‘Digital India Experience Zone’: G20 Summit Spotlight on UPI, Aadhaar, Bhashini & New Feature ‘Ask GITA’
1 year, 3 months ago

‘Digital India Experience Zone’: G20 Summit Spotlight on UPI, Aadhaar, Bhashini & New Feature ‘Ask GITA’

News 18  

The ‘Digital India Experience Zone’ at the upcoming G20 Leaders Summit in New Delhi, will be a standout attraction showcasing India’s ‘digital’ journey since 2014. “The seven DPI components will be showcased in the ‘Experience Zone’ along India’s digital journey wall, in front of which there will be a cycle. The visitors can converse with the platform to seek information …

From Orientalism to Digital Leadership - News18
1 year, 3 months ago

From Orientalism to Digital Leadership - News18

News 18  

For centuries, Western perception of countries like India has been coloured by orientalist narratives, an idea embedded deep within the philosophical works of thinkers like Edward Said in Orientalism. The world watched in amazement as Germany’s Federal Minister for Digital and Transport, Volker Wissing, used India’s Unified Payments Interface to pay a vegetable vendor, illustrating India’s prowess in digital public …

Technology will boost the role of MSMEs in India’s export success
1 year, 4 months ago

Technology will boost the role of MSMEs in India’s export success

Live Mint  

During Prime Minister Narendra Modi’s recent visit to the US, technology was centre-stage at several discussions. For example, in alignment with India’s G20 objective of linking micro, small and medium enterprises to global value chains through e-commerce platforms, Amazon announced a goal of $20 billion in cumulative e-commerce exports from India by 2025 and $125 billion by 2030. If India …

Government to hire agency to estimate size of digital economy
1 year, 5 months ago

Government to hire agency to estimate size of digital economy

Deccan Chronicle  

New Delhi: The government is planning to hire an agency to measure the actual size of the digital economy which is estimated to be around USD 1 trillion by 2025, according to an official document. "The RFP aims to invite proposal in the area of estimation and measurement of India's digital economy including formulation of measurement framework, capturing data and …

How Much is India’s ‘Digital Economy’ Worth? In a First, Modi Govt to Measure in Next 9 Months
1 year, 5 months ago

How Much is India’s ‘Digital Economy’ Worth? In a First, Modi Govt to Measure in Next 9 Months

News 18  

The Narendra Modi-led central government, for the first time, will measure the size of India’s ‘digital economy’. The government has put prime focus on ‘digitalisation’ but the measurement of the ‘digital economy’ has not been institutionalised in India. According to senior officials, an exercise will be conducted over the next nine months involving “estimation and measurement of India’s digital economy”, …

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar
1 year, 6 months ago

Technology to contribute 20-25% of Indian GDP by 2025-26: IT Minister Chandrasekhar

The Hindu  

The Indian Government has set a goal of making technology 20-25% of the country’s GDP by 2025, India’s IT Minister Rajeev Chandrasekhar has told Indian American entrepreneurs and asked them to be part of this story of India. “Over the last nine years, the digital economy has expanded, diversified and currently there isn’t a slice or space in the tech …

Internet economy to become 12–13% of GDP by 2030: Report
1 year, 6 months ago

Internet economy to become 12–13% of GDP by 2030: Report

The Hindu  

India’s internet economy — B2C e-commerce firms, online service providers, ed-tech companies, and so on — will hit $1 trillion in value by 2030, up from $175 billion in 2022, a report by Google, Bain & Company and Temasek estimated. The key thrust would come from “Tier 2+ locations,” the report said, emphasising smaller towns and rural areas, where the …

New challenges in the Indian IT industry are changing the employer-employee dynamic
1 year, 6 months ago

New challenges in the Indian IT industry are changing the employer-employee dynamic

Hindustan Times  

Indian IT has been a poster child for India not just because of its size and scale but, more important, for its continuous innovation in response to changing market dynamics. First, fast growth in machine learning and Artificial Intelligence is making many old low-tech jobs redundant and creating massive demand at the very top end, which the industry cannot meet …

India poised to catapult to forefront of digital innovation with thriving digital economy, tech use: U.S. Ambassador Eric Garcetti
1 year, 7 months ago

India poised to catapult to forefront of digital innovation with thriving digital economy, tech use: U.S. Ambassador Eric Garcetti

The Hindu  

“India with its vast population, thriving digital economy and technology use is poised to leverage transformative power of 5G, and in future 6G, to catapult itself to the forefront of digital innovation” U.S. Speaking at inaugural ceremony of U.S.-India 5G and next generation networks workshop, Mr. Garcetti said India and the U.S. through their shared values recognise that technology is …

Over 50% Indians are active internet users now; base to reach 900 million by 2025: report
1 year, 7 months ago

Over 50% Indians are active internet users now; base to reach 900 million by 2025: report

The Hindu  

For the first first more than half of Indians, 759 million citizens, are active internet users and access the internet at least once a month, a joint report by industry body IAMAI and market data analytics firm Kantar said on May 3. This is for the first time that the majority of Indians have become active internet users," the Internet …

TS's tech muscle grows, IT exports likely to zoom 20%
1 year, 7 months ago

TS's tech muscle grows, IT exports likely to zoom 20%

Deccan Chronicle  

Hyderabad: Exports in the Information Technology sector from Telangana are likely to cross Rs. 2.2 lakh crore for the 2023-24 fiscal, a 20 per cent growth from the previous fiscal’s export figure of Rs. According to the IT and communications department, the growth rate in job creation was 24 per cent in 2021-22, on over 6.28 lakh jobs created in …

E-commerce surge: India to add 80 million online shoppers by 2025
1 year, 8 months ago

E-commerce surge: India to add 80 million online shoppers by 2025

Live Mint  

New Delhi: India has gained 125 million online shoppers in the past three years, with another 80 million expected to join by 2025, according to a report by marketing data and analytics company Kantar. The increasing online presence is expected to boost e-commerce sales, as 77 million shoppers purchased from social platforms such as Facebook, WhatsApp and social-commerce sites in …

Technology and cloud to build a better India
1 year, 9 months ago

Technology and cloud to build a better India

Live Mint  

In today’s world, the growing volume of data is driving advances in technologies, such as cloud computing, combined with artificial intelligence and machine learning. A new India—one of the world’s largest technology hubs India is the world’s third largest startup ecosystem, and is fast becoming the SaaS factory for the world. Cloud is now a must for India’s businesses and …

The world can learn from India’s digital public infra experience
1 year, 9 months ago

The world can learn from India’s digital public infra experience

Hindustan Times  

Last week, the Digital Economy Working Group of G20 met for the first time under India’s presidency. We draw from a recent study of three state-level digital ecosystems for the delivery of social protection and observe the following learnings for India to take to a global stage: First, well-defined data privacy and security laws are critical to the success of …

Technology use will help India become developed nation by 2047: PM Modi
1 year, 9 months ago

Technology use will help India become developed nation by 2047: PM Modi

The Hindu  

Technology will help India achieve the target of becoming a developed nation by 2047, Prime Minister Narendra Modi said on February 28 as he outlined the massive and modern digital infrastructure being created to ensure that benefits of digital revolution reach all citizens. Addressing a post-Budget webinar on 'Unleashing the Potential: Ease of Living Using Technology', Mr. Modi said the …

India remains a ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD
1 year, 10 months ago

India remains a ‘bright spot’, to contribute 15% of global growth in 2023: IMF MD

The Hindu  

India continues to remain a relative "bright spot" in the world economy, and will alone contribute 15% of the global growth in 2023, International Monetary Fund Managing Director Kristalina Georgieva said. And in that way, India is providing about 15% of global growth in 2023," Ms. Georgieva told PTI in an interview. India remains a bright spot at a time …

Budget 2023-24 Expectation: It is time government focused on the hardware sector
1 year, 10 months ago

Budget 2023-24 Expectation: It is time government focused on the hardware sector

Firstpost  

India’s IT sector has produced a large amount of foreign export revenue for India and has also gained an awe-inspiring reputation across all industries by creating a large number of job opportunities. In the same vein, the Indian IT service sector might have started producing mobile phones within the country but I think the time has come for India to …

Watch | Business Matters: Will global layoffs jolt India’s IT industry?
1 year, 10 months ago

Watch | Business Matters: Will global layoffs jolt India’s IT industry?

The Hindu  

There has been a slew of layoff announcements in the Western corporate world these past months, gathering pace over recent weeks. E. Balaji, currently Global chief HR officer at TVS Supply Chain Solutions, who has also been a senior leader in the manpower placement industry for more than a decade prior to this position, says fear of reputation loss and …

KTR urges IT firms to look beyond Hyderabad, expand to Tier-II cities
1 year, 11 months ago

KTR urges IT firms to look beyond Hyderabad, expand to Tier-II cities

Deccan Chronicle  

HYDERABAD: As the country's top recruiter of IT professionals, Hyderabad is the largest metro for those seeking technology jobs and has displaced Bengaluru to second place, IT minister K.T. Rama Rao said, as he encouraged tech industry captains to create jobs for the local youths by expanding their operations beyond Hyderabad to Tier II cities in Telangana. Of the 4,50,000 …

DC Edit | To a hydrogen-powered India
1 year, 11 months ago

DC Edit | To a hydrogen-powered India

Deccan Chronicle  

Like most other countries of the non-European world, India missed the industrial revolution, and when its benefits arrived under a colonial, imperial regime, it took the shape of an exploitative curse rather than a benign gift. Only in a liberalised India, could we adopt the Internet and mobile technologies, making software and other services a buoyant industry capable of becoming …

India will be big export economy; to benefit from open and connected internet: Sundar Pichai
2 years ago

India will be big export economy; to benefit from open and connected internet: Sundar Pichai

Firstpost  

While speaking at Google for India event, Sundar Pichai said that the company is focussing on startups from India and out of its USD 300 million for the startups, around one-fourth will be invested in entities that are led by women New Delhi: India will be a big export economy and it needs to create a balance between safeguarding citizens …

India will be big export economy; to benefit from open and connected internet: Pichai
2 years ago

India will be big export economy; to benefit from open and connected internet: Pichai

Deccan Chronicle  

NEW DELHI: India will be a big export economy and it needs to create a balance between safeguarding citizens and enabling companies to innovate with its framework, Google CEO Sundar Pichai said on Monday. While speaking at Google for India event, Pichai said that the company is focussing on startups from India and out of its USD 300 million for …

Significant work done, draft Digital India Act framework by early 2023: MoS IT
2 years, 1 month ago

Significant work done, draft Digital India Act framework by early 2023: MoS IT

The Hindu  

A significant amount of work has been done on proposed Digital India Act, and the draft legislative framework to support 'India's techade' is expected by early 2023, Minister of State for IT Rajeev Chandrasekhar has said. Asked about the status of Digital India Act, which will replace the IT Act, Mr. Chandrasekhar said: "A significant amount of work has been …

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