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Enabling Regulation: Nurturing India’s Tech Potential

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In an era dominated by technological advancements, the role of government in regulating critical sectors like telecom and fostering innovation has become increasingly significant. Against this backdrop, of rapid evolution, Union Minister Rajeev Chandrasekhar took the stage at the Mumbai Tech Week to delve into the complexities of India’s dynamic tech landscape.

As the digital realm continues to expand its influence across industries, Minister Chandrasekhar highlighted the transformative potential of technology in shaping India’s economic trajectory. His remarks underscored the government’s commitment to leveraging technology not only to drive growth but also to regulate sectors effectively, ensuring a conducive environment for innovation.

Reflecting on earlier regulatory frameworks, particularly in sectors like telecom, he acknowledged the need for a paradigm shift. Drawing from his extensive entrepreneurial experience spanning over 12 years, he pointed out the challenges posed by outdated regulations and the imperative of fostering an environment conducive to innovation.

The minister believes that the current government’s proactive stance in creating a regulatory framework that is open, transparent, and consultative, is a departure from previous administrations.

India’s burgeoning prominence in semiconductor technology, a domain traditionally dominated by global players like China, is noteworthy. The country’s strides in semiconductor manufacturing, with significant investments and partnerships aimed at bolstering domestic capabilities.

The establishment of the India Semiconductor Research Centre was heralded as a landmark initiative to foster indigenous research and innovation in semiconductor technology, positioning India as a key player in the global semiconductor market.

India’s evolving global positioning vis-à-vis other major nations, particularly in the context of export control regimes and semiconductor technology. Minister Chandrasekhar highlighted India’s efforts to reverse past missed opportunities by attracting investments and forging strategic partnerships in critical sectors like semiconductor manufacturing.

The government’s proactive measures to bolster domestic capabilities and enhance India’s standing in the global tech landscape were hailed as pivotal steps towards realising the country’s tech-driven ambitions.

Amid this rapid technological progress, Minister Chandrasekhar reiterated the government’s commitment to harnessing artificial intelligence (AI) to its fullest potential. He outlined plans to leverage AI across various sectors, including healthcare, agriculture, and education, to drive economic growth and enhance quality of life. Stressing the practical applications of AI in addressing societal challenges, he underscored the government’s focus on leveraging technology for the greater good.

OpenGov Asia reported that the Telecommunication Engineering Centre (TEC), part of the Department of Telecommunications (DOT), Ministry of Communications, partnered to drive innovation in Trustworthy and Responsible Artificial Intelligence Systems, leveraging TEC’s role as India’s recognised Standards Setting Organisation (SSO) in the telecom and ICT sector.

Chandrasekhar’s comments serve as a testament to the government’s unwavering commitment to embracing technology as a catalyst for economic growth and societal development. His insights underscored the importance of creating an enabling ecosystem that fosters innovation, regulates critical sectors effectively, and positions India as a global leader in technology and innovation.

India is committed to equipping its citizens with the necessary skills to thrive in an increasingly digitalised world. The inaugural Digital India FutureSKILLS Summit in Guwahati marked a significant step towards India’s technological empowerment, signalling a new era of opportunity and innovation for Assam and the nation, with Union Minister Rajeev Chandrasekhar announcing Assam’s first semiconductor packaging plant.

As India embarks on its journey towards digital transformation, its vision for leveraging technology to drive inclusive growth and address pressing societal challenges offers a glimpse into the country’s tech-enabled future. With a focus on collaboration, innovation, and regulatory reform, India is poised to emerge on the global stage, ushering in a new era of tech-driven progress and prosperity.


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