Startup City Magazine

Top Indian Companies Pledge To Invest Rs.4.5 Lakh Crore In 'Digital India' Initiative

Bengaluru: Prime Minister Narendra Modi recently launched the ‘Digital India’ initiative at Indira Gandhi Indoor Stadium, where top CEOs from India and abroad pledged to invest Rs.4.5 lakh crore for the Government’s ambitious ‘Digital India’ campaign. Eminent Indian business leaders like Azim Premji, Cyrus Mistry, Anil Ambani, Mukhesh Ambani, Kumar Mangalam Birla and Sunil Bharti Mittal were also a part of the occasion. As a part of the event, Chairman of Reliance Industries, Mukhesh Ambani announced that his company would invest Rs.2.5 lakh crore across various Digital India heads, which have the potential to generate employment opportunity to more than five lakh people.  Speaking about the same, Mukhesh says, “Normally, industry moves faster than the Government, but with Digital India it is different. I have no hesitation in saying that government has moved faster”.

Echoing in the similar veins, Azim Premji, Chairman, Wipro Ltd. asserts, “Digital India will democratize access to information and there is a need to ensure that citizens have access to information transparently and it is the first step towards empowering every single citizen”.
The startup community greatly applauded this move by Modi Government, which some people called the ‘Digital Revolution’. Talking about the same, Diwakar Chittora, Co-Founder & CEO, Intellipaat says, “When the entire nation is equipped with digital connectivity, many more people can participate in India’s growth story. Innovation and entrepreneurship will get a tremendous boost. Once the digital gap in smaller cities is bridged, there's a huge possibility they might become the preferred locations for startups due to lower operational costs. Additionally, local talent will not have to migrate to larger towns for employment opportunities”.

Speaking about the Make in India initiative, Pratik Jain, Co-Founder, MyOperator says, “It’s high time India competed with global products. We need to think about designs being equally important as making the product in India. Great to see our Prime Minister pushing the idea of design ahead. Almost every e-Governance project that India needs has been successfully piloted somewhere in the country. The daunting task for Digital India will be to take successful pilot projects, replicate and scale them up. With a push for e-Governance, a lot more ideas and startups will start around it. It can be road towards a better future. Much awaited initiative”.

The Digital India project is mainly aimed at broadening the digital access to all the Indians and at ensuring that government services and functions are available online to all the citizens.

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