ETtech Opinion | Catalysing the Indian innovation ecosystem- the RISC-V way
Rajeev Chandrasekhar
Writer is Union minister of state for entrepreneurship, skill development, electronics & technology
After several decades of repeatedly missing the bus and opportunities in electronics and semiconductors, India in the last few years is making large and impactful strides in these areas.
For decades, lack of political vision, inept governments and lack of resources caused India to be a minor insignificant footnote in electronics and semiconductors even as our northern neighbour China cleverly established dominance of the global value and supply chains of the $1.5 trillion electronics trade.
Elevate Your Tech Prowess with High-Value Skill Courses
Offering CollegeCourseWebsiteIIM KozhikodeIIMK Advanced Data Science For ManagersVisitIndian School of BusinessISB Digital TransformationVisitIndian School of BusinessISB Product ManagementVisitFast forward to 2023, we are certainly living in the most exciting time for Indian tech and digital economy. The Digital India programme launched by PM Narendra Modi ji in 2015 has transformed the entire economic and technological landscape of India and placed Indian innovation on a rocketship of progress and opportunity. From being a consumer of tech for three decades, new India is a source of global talent, delivering products, devices, platforms, and solutions for both India and the world.
India’s digital economy landscape has also transitioned from a unipolar focus on IT/ITES to one where India plays a pivotal role in all things tech. Our digital economy, which accounted for 4.5% of the GDP in 2014, has surged to 11% today. We expect that it will further contribute over 20% to our GDP by 2026. Technology and innovation, today, stands as a powerful catalyst for
