Home News Prime Minister addresses virtual IMC 2020 with aims to drive foreign and...

Prime Minister addresses virtual IMC 2020 with aims to drive foreign and local investments

“Prime Minister urged to work together to make India a global hub for telecom equipment, design, development and manufacturing.”

“He also urged to ensure a timely roll-out of 5G to leapfrog into the future and empower millions of Indians.”

“Bharat Net 2020 will connect 2.5 lakh village panchayats with high speed broadband.”

Today, Prime Minister Narendra Modi addressed the first ever virtual India Mobile Congress (IMC) 2020 that aims to promote AatmaNirbhar Bharat’, ‘Digital Inclusivity’, and ‘Sustainable development, entrepreneurship & innovation’. It also aims to drive foreign and local investments, encourage R&D in the telecom and emerging technology sectors.

Speaking at the event, Prime Minister urged to work together to make India a global hub for telecom equipment, design, development and manufacturing. He cautioned, due to technological upgradation, we have a culture of replacing handsets and gadgets frequently. He asked the delegates to ponder whether the industry can form a task-force to think of a better way of handling the electronic waste and create a circular economy. He also urged to work together to ensure a timely roll-out of 5G to leapfrog into the future and empower millions of Indians.

The Prime Minister said it is important to think and plan how to improve lives with the upcoming technology revolution. He added that better healthcare, better education, better information and opportunities for our farmers, better market access for small businesses are some of the goals that can be worked on.

The delegates were also lauded from the telecom sector that the world was functional despite the pandemic due to their innovation and efforts. He added that due to their efforts that a son was connected with his mother in a different city, a student learnt from his teacher without being in the classroom, a patient consulted his doctor from his home and a trader connected with a consumer/ from a different geography.

The Prime Minister said for a lot of young techies it is the Code which makes a product special, for some entrepreneurs it is Concept which matters more, investors suggest that Capital is more important to scale a product. He stressed that often what matters the most is the Conviction the youngsters have on their product. Sometimes conviction is all that stands between just a profitable exit and making of a unicorn.

He further stressed that it is because of mobile technology that we are able to provide benefits worth billions of dollars to millions of Indians, we were able to help the poor and vulnerable quickly during the pandemic and we are seeing billions of cashless transactions which boost formalisation and transparency and we will also enable a smooth contactless interface on toll booths.

The Prime Minister expressed satisfaction on achieving success in mobile manufacturing in India. He said India is emerging as one of the most preferred destinations for mobile manufacturing. He added the Production Linked Incentive scheme was introduced to promote telecom equipment manufacturing in India. The government aims to bring high speed fibre-optic connectivity in every village over the next three years. Towards this end, focus is made exclusively on places which can make the best out of such connectivity – Aspirational Districts, Left wing extremism affected districts, North Eastern states, Lakshadweep Islands etc. He added that greater spread of fixed line broadband connectivity and public Wi-Fi hotspots will be ensured.

Apart from the Prime Minister, Ravi Shankar Prasad, Union Minister for electronics and information technology and communications, said “Digital technology and virtual communication tools have proved their extraordinary worth during challenging times of covid-19. The digital Technology has enabled us to liberalise our work from home systems, for example 85% of IT operations are being worked from home. India Mobile Congress is going to rejoice extraordinary excellence, it is the new milestone unfolding extraordinary opening for future, it is to create for the favourable ecosystem with mobile at the centre.”

“While discussing about various transforming programs aimed at digital inclusion he mentioned about Bharat Net 2020 where all 2.5 lakh village panchayats in the country are to be connected with high speed broadband. He also talked about the target of connecting all villages with optical fibre in next 1000 days. He also mentioned about the National Broadband Mission where broadband is to reach to all the villages by 2022. He welcomed foreign capital and foreign innovation but safety and security are also to be given equal importance,” he added.

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