Revolutionizing India: How Technology and Innovation are Driving Economic Growth and Progress

PM Modi predicts India will take the lead in AI and digital public infrastructure on a global scale, says ET CIO

India is undergoing a digital revolution, with Prime Minister Narendra Modi leading the charge. He has predicted mega innovations in new technologies and the creation of digital public infrastructure for the world. One of the key aspects of this revolution is the unified payments interface (UPI) and QR-code-based payments, which have eradicated poverty and transformed lives. IDs like Aadhaar and DigiLocker have also played a crucial role in reaching millions of people.

The Indian government’s focus on AI has been driven by the country’s talented youth, who are creating innovative solutions to lead the world in this field. The availability of inexpensive data has propelled a digital revolution that has benefited the poor, with over 5 lakh common service centres (CSCs) playing a crucial role in reaching millions of people.

India’s focus on electric vehicles, a robust startup ecosystem, and expanding manufacturing sectors like mobile and automobiles is aimed at elevating the country to become the third-largest economy with a GDP of $5 trillion in the near future. The goal is to reach $300 billion in electronics production by FY26. The vision is to leverage technology and innovation to drive progress and prosperity for all.

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