Global enterprises welcome in India, but need to follow law of land: Prasad

New Delhi: Global enterprises are welcome in India provided they follow the law of land, said Communications and IT Minister Ravi Shankar Prasad, adding that he wants to make India a hub of electronic manufacturing and data processing.

The minister said that he appreciates the success of tech giants such as Facebook, Google and Twitter having their biggest markets in India. “But, they will have to work in the ecosystem of law developed in India,” he said, while addressing a plenary session at the centenary celebration of the Associated Chambers of Commerce and Industry of India (ASSOCHAM).

Lauding the achievements of Modi government in the technology sector, he said, “India’s Aadhaar and UPI have become a global example. Even Sunder Pichai recommended the US Federal Reserve that we should have something like UPI.”