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India heading for $trillion digital economy: NASSCOM
Gandhinagar, Oct 11 (IANS) There are tremendous opportunities in start-ups right now in the country and India predicts a $trillion digital economy in the coming years, said NASSCOM chief Devyani Ghosh on Thursday.
Speaking at the pre Vibrant Global Investors Summit (Vibrant Gujarat StartUp and Technology Summit 2018), Ghosh said: “The information and technology (IT) business in India is a $167 billion industry.
“It is predicted to be $one trillion digital economy in the coming years.”
She said of the $167 billion business, Gujarat’s share was only $one billion.
“Gujarat is the home of entrepreneurs in the country. How come it has to learn from other experts from outside, whereas it should be the other way round?” Ghosh wondered.
“Gujarat’s growth is at 10.5 percentage which is nice. Which other state is growing at that rate?
“But the IT sector needs to catch up. There are tremendous opportunities in energy, water, specially in health. But rather than treating IT growth as an isolated entity, there is a need to utilize IT in the existing traditional industry to make it grow,” she said.
Ghosh also pointed out that start-up was not about money or creating infrastructure.
“It needs a market. What the government really needs to do is start buying from budding start-ups. An atmosphere and an eco-system needs to be created. I think you can just leapfrog from here, just disrupt.”
The NASSCOM chief said that when Gujarat showed growth in other areas, the IT growth should be 10 fold than what is now.
Accepting the challenge, Gujarat Chief Minister Vijay Rupani said: “We accept the challenge. We have also now decided to give IT a University status.”
Gujarat Chief Secretary J.N. Singh said: “Ahmedabad has now become a new entrant in start-ups centres across the country. We have received more than 1,200 applications for start-ups in this summit. This is the first time where 25 IT research papers will be released.”
–IANS
desai/mr
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Dr. Abhishek Verma Dedicates a Shelter in Memory of His Mother, Veena Verma, at KGMU; Inaugurated by Daughter Nicolle Verma
World-renowned business tycoon Dr. Abhishek Verma has supported Foodman Vishal Singh’s Hunger-Free World mission. In memory of his mother, Late Veena Verma, who was a 3 term Rajya Sabha MP.
Dr. Verma dedicated a state-of-the-art free permanent shelter for the attendants of patients at KGMU Medical University, Lucknow, under the aegis of Vijay Shree Foundation. His daughter, Nicolle Verma, inaugurated the shelter.
During the event, Foodman Vishal Singh honored Nicolle Verma by presenting her with a memento. Mrs. Nidhi Sharma and Avantika Yadav, associated with the organization, welcomed her with garlands. Following this, Nicolle Verma distributed essential items to the attendants and also handed out fruits. She became emotional remembering her grandmother on her birth anniversary.
On this occasion, she also inaugurated the “Veena Verma Sevalaya” in memory of her grandmother, Veena Verma, to serve the attendants. She expressed, “I feel proud that my family is engaged in nation-building as well as social service. Today, in collaboration with Vijay Shree Foundation founder Foodman Vishal Singh Ji, I feel immensely proud to dedicate this shelter for the poor, helpless, and needy attendants of patients battling serious illnesses like cancer. I am honored to be associated with the Hunger-Free World Mission for humanity.”
Inspired by the continuous humanitarian service provided by Vijay Shree Foundation over the past 17 years, Nicolle Verma donated 10 lakh rupees to support the cause. The purpose of this donation is to ensure that services continue for the needy attendants of patients suffering from severe illnesses in hospitals, as facilitated by Foodman Vishal Singh.
It is noteworthy that Dr. Abhishek Verma’s family has a legacy of public and philanthropic service. They are helping millions to carry forward the values and service work of their parents. On the occasion of his mother’s birth anniversary, Dr. Abhishek Verma dedicated this state-of-the-art permanent shelter at Lucknow Medical College to serve the attendants of patients through the Vijay Shree Foundation.
Supporting Foodman Vishal Singh’s Hunger-Free World mission, Dr. Abhishek Verma assured that he would continually support keeping this flame of humanity alive. He also promised to assist in providing medicines to the helpless patients.
Continuing her grandmother’s legacy of service, Nicolle Verma personally served food to the needy patients and attendants. She said, “It is our good fortune to have received the joy of doing this noble work today through Foodman Vishal Singh. I have taken another step forward in carrying my family’s values and cooperation by joining hands with the Vijay Shree Foundation. My father taught me to serve and help the needy, and I feel happy when I bring a smile to someone’s face.”
On the birth anniversary of the late Veena Verma, the event organizer, Vijay Shree Foundation founder Foodman Vishal Singh, said, “We feel proud and happy that Dr. Abhishek Verma, a globally renowned business tycoon, has extended his support to uplift our country from the hunger index. Today, on his mother’s birth anniversary, he inaugurated a state-of-the-art permanent shelter at Lucknow Medical College, which will always be helpful for the needy attendants of patients. It is a pleasure for me and the organization to receive the affection of Mr. Verma.”
The event was attended by General Manager Verma Family Office Hemant Garg, Sonu Rajput, and the organization’s volunteers, including Sandeep Singh, Parmeshwar Ji, Prashant Rao Gautam, Balram Singh, Ramesh Chaudhary, Suman, Jeetu, Anil, Suraj, Vinay, Manish Bhadauria, Manas Mehrotra, Vivek, Apurv, Happy, and others.