September 8, 2024

Search
Close this search box.

We are creating some awesome events for you. Kindly bear with us.

Regulatory Frameworks for India’s Digital Transformation

Getting your Trinity Audio player ready...

India is currently experiencing a rapid digital transformation that is reshaping its economy and society. With the introduction of cutting-edge technologies such as 5G, the Internet of Things (IoT), Artificial Intelligence (AI), Augmented/Virtual Reality (AR/VR), and the concept of the Metaverse, the country is on the brink of unlocking new opportunities for growth and innovation.

5G services have been launched worldwide in numerous countries, and in India, it was officially introduced on 1st October 2022. Telecom Service Providers have been aggressively rolling out the 5G network across the nation, promising high-speed connectivity and seamless communication. However, to fully realise the potential of 5G technology, it is essential to develop and deploy new use cases for both consumers and enterprises. These applications and use cases often involve other associated technologies such as IoT, AI, AR/VR/MR, and the Metaverse.

This digital revolution holds the potential to revolutionise various aspects of Indian life, but it also requires a robust policy framework to support and regulate these technological advancements.

Innovators and technology pioneers are actively exploring new ways to apply these technologies to address the challenges of social and economic development and build a smart society. However, to complement their efforts, an equally innovative policy and regulatory framework is required. This framework must address the challenges and issues involved in the development and deployment of use cases based on these new technologies.

India stands as one of the fastest-growing digital economies in the world, with immense potential for data-driven innovation and value creation. To fully harness this potential and promote the overall growth of the economy, a forward-looking policy framework for data monetisation is essential. This framework will help ensure that data, which is increasingly recognised as a valuable asset, is used efficiently and responsibly.

Recognising the importance of shaping a regulatory framework to support digital transformation, the Telecom Regulatory Authority of India (TRAI) has taken several crucial steps. TRAI has released multiple consultation papers, seeking the input of various stakeholders.

TRAI released a consultation paper on “Digital Transformation through 5G Ecosystem” on 29th September 2023. Stakeholders were invited to provide their comments and counter-comments. The initial deadline for written comments was set as 30 October 2023, and for counter-comments, it was 13 November 2023. Due to requests from industry associations for an extension, TRAI extended the deadline for written comments to 27th November 2023 and for counter-comments to 11th December 2023.

TRAI released a consultation paper on “Review of Regulatory Framework for Broadcasting and Cable Services” on 8 August 2023. The initial deadline for receiving comments from stakeholders was set as 5th September 2023, and counter-comments were to be submitted by 19 September 2023. Due to requests from stakeholders, TRAI extended the deadlines for written comments and counter-comments to 10 October 2023 and 25th October 2023, respectively. The last extension for counter-comments was until 1st November 2023.

TRAI released a pre-consultation paper on “Inputs for Formulation of National Broadcasting Policy” on 21 September 2023. The initial deadline for receiving comments was set as 10 October 2023. Due to requests from stakeholders, TRAI extended the deadline for comments to 7th November 2023.

The rapid digital transformation taking place in India presents a multitude of opportunities for growth and innovation. However, this transformation needs to be supported by well-crafted policy and regulatory frameworks. The proactive approach of TRAI in soliciting feedback and engaging with stakeholders is a crucial step towards ensuring that the benefits of this digital revolution are harnessed effectively and responsibly. It is essential for all stakeholders, including businesses, policymakers, and the public, to actively participate in this process to shape the future of India’s digital landscape.

In an OpenGov Asia article, Abhay Karandikar of the Department of Science and Technology Secretary (DST) believes India’s indigenous 5G technology, along with a dedicated team of researchers in academia, industry stakeholders, and startups, forms an ecosystem that could “bring the country to a position of strength in terms of mobile network technologies” and influence the standardisation of 6G technology.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

As a Titanium Black Partner of Dell Technologies, CTC Global Singapore boasts unparalleled access to resources.

Established in 1972, we bring 52 years of experience to the table, solidifying our position as a leading IT solutions provider in Singapore. With over 300 qualified IT professionals, we are dedicated to delivering integrated solutions that empower your organization in key areas such as Automation & AI, Cyber Security, App Modernization & Data Analytics, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Renowned for our consulting expertise and delivering expert IT solutions, CTC Global Singapore has become the preferred IT outsourcing partner for businesses across Singapore.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and consulting services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,800 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity, and service. For more information, visit www.ibm.com