PM’s vision of techade, push for 5G, semiconductors to boost tech sector: Industry

Prime Minister Narendra Modi’s call to make this decade a “techade” for India and the push for 5G, semiconductors and transformation through digital services is going to boost the technology sector in the country, industry players said on Monday. Modi, in his speech on the 76th Independence Day, touched upon all-round development of technology in the country, from 5G to push for electronic chips, laying of optical fibre cable (OFC) network across villages and enablement of digital entrepreneurship in villages through Common Services Centres, making the present decade as “techade” for India.

Homegrown mobile devices maker Lava International’s Chairman and Managing Director Hari Om Rai said electronics and technology sectors create about USD 4 trillion of revenue.