Bengaluru’s technological prowess will play a crucial role in making India achieve $1 trillion in digital economy, experts said at the ongoing Bengaluru Tech Summit.
The digital economy growth target is in the backdrop of a February report from the ministry of electronics & information technology and McKinsey which stated that India can create over $1 trillion of economic value from the digital economy in 2025, with half the opportunity originating in new digital ecosystems.
“In terms of technology, artificial intelligence (AI), machine learning (ML), and data analytics should be mapped with every sector to solve day-to-day problems like water pollution and air pollution,” Kiran Mazumdar-Shaw, CMD, Biocon Ltd said.
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Given that human capital is the most important catalyst in driving the digital economy, Shaw said that Biocon is creating a globally competitive biotech talent in India through the Biocon Academy which leverages the industry experience of Biocon and subject expertise of international education partners.
Source: livemint
