India has a demographic advantage in IT talent and a fast-growing start-up culture that can be used to its utmost potential for the country to become a world leader in AI and ML. Dr. P D Vaghela, Chairman, Telecom Regulatory Authority of India (TRAI), said this at the 17th India Digital Summit (IDS 2023), being organized here by the Internet and Mobile Association of India (IAMAI), in association with Google and MessageBird, on February 20-21, 2023. Quoting a PwC research, he said, Artificial Intelligence (AI) could boost the world economy by up to USD 15.7 trillion by 2030.
In his address, Dr. Vaghela extensively spoke about 5G and 6G use-cases and how the government was increasingly supporting R&D for different use cases. “The road ahead is full of exciting challenges and opportunities and one thing is certain that the future of India rests on our ability to embrace new technologies, respond to technology disruptions and seize the right opportunities,” he said.
“The Government is already promoting start-up ecosystem and with over 5 billion IT professionals, India already boasts the largest IT talent in the world. And with startups capitalizing on digital governance, I am sure that India@2047 will be a force to reckon with,” Dr. Vaghela added.
Dr. Vaghela in his address said that the Telecom Regulatory Authority of India (TRAI) intended to regulate the sector with transparency while also promoting competition and safeguarding the rights of citizens.
Referring to the theme of IDS 2023, Amrit Kaal: Digital India@100, Dr. Vaghela pointed out the need to re-emphasize the eight crucial governance issues for India’s journey over the next 25 years. These include: 1) how to revamp our digital governance infrastructure, 2) challenges arising out of convergence and reduced investment cycles due to technology disruptions, 3) identifying appropriate technologies, keeping in mind our demographic advantage, the strength of our IT skills and strength of the SME sector, 4) boosting local manufacturing of digital equipment, 5) keeping technology at the core of policy formulation, 6) practical implementation of whole of the government approach through a collaborative approach, 7) pursuing sustainable and equitable whole of society approach and ensuring socio-economic, digital inclusion and 8) strengthening cybersecurity, bringing in vibrant privacy law and protecting citizens from spam and frauds.
The 17th India Digital Summit will bring together over 150 speakers, including policymakers, regulators, industry captains and subject stalwarts in more than 60 sessions, with a representation from over 500 digital brands, and participation of over 3000 delegates.