The Union Minister of State for Electronics and Information Technology Rajeev Chandrasekar has said that the Centre has set a target of 300 billion dollars investment in the Data Industry in 2025.

Speaking to the media after consultation with representatives of the Industry at Chennai on Friday he told that India was expanding into electronics with a 30 billion dollar investment.

Informing that India is marching ahead with unprecedented investments in digital space, he told that Prime Minister Narendra Modi has a significant vision for digitalisation.

He said that whichever State is proactively open to the investment in the field of Cloud technology and digitalisation, will be able to create a sound digital infrastructure worth more than three lakh Crore.

To this effect, he said that State Governments including states like Uttar Pradesh, Karnataka, Kerala and Tamilnadu who are open to investment-related infrastructure will be benefited if they have a proactive role with the Union Government.

The Minister said that the Narendra Modi led Government began digitalising the economy and began the ecosystem which withstood the economic pressure during the Covid times.
He informed that fibre data centres would be created in the Country to facilitate a sound digital data structure.

The Minister said that there was a need to create a quality infrastructure for the 80 crore Indians who are using online facilities presently and expected that in the next two and a half years, it will expand into more than one billion.

The Ministry of Information and technology will engage with Data centre developers, operators and cloud service providers to prepare the National Cloud policy.

NASSCOM, ASSOCHAM, IT Hardware manufacturers and Data Centre software/Cloud Tool developers participated in the Consultation meeting today.