India can become $1 trillion digital economy in 5 years: MoS for IT

India has untapped opportunities in manufacturing, engineering, and digitalisation that can play a key role in the country’s vision of a $1 trillion digital economy in the next five years, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said on Wednesday.

Addressing the 13th edition of the ‘Design and Engineering Summit’ of IT industry association Nasscom, Chandrasekhar said the Covid-19 pandemic had created an irreversible shift for innovation and is creating new opportunities in how products are designed, engineered, consumed and serviced through contactless systems, intelligence and analytics and software-led systems.

“All of these tectonic shifts are going to call for a capability changeover to embedded systems, digital innovation and cyber security,” he added.

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