Achieving $1 trillion digital economy is not a tall claim. Why wait for 7 years? Can we do it in 3-4 yrs? Prasad
The Dollar Business Bureau The IT industry should help India build a $1 trillion digital economy within four years by creating affordable technology and an inclusive environment, Union Minister Ravi Shankar Prasad said today at the High Level Round Table with Pioneers of Industry for developing the roadmap for ‘One Trillion Dollar Digital Economy of India’, organised by MeITY, in New Delhi. Highlighting multi-billion dollar opportunities that exist in areas like IT and IT enabled services, e-commerce, electronics manufacturing, digital payments and cyber security, he said that achieving $ 1 trillion digital economy is not a "tall claim". "I don't have any doubt that it will become $1 trillion in 7 years. My humble request is why wait for 7 ...
India will need 70 lakh project managers in next 10 yrs: Report
The Dollar Business Bureau India would be the world’s fastest growing country for project management related employment and this profession is expected to outperform overall global job growth in the coming decade, generating millions of new jobs in India, with highly-competitive pay, a report revealed. “India will require 70 lakh new project managers in next 10 years. It will emerge as the fastest growing country in the world for project management-oriented employment,” a report on Project Management Job Growth and Talent Gap 2017-2027 by Project Management Institute (PMI) said. The expansion in major sectors such as manufacturing, construction, publishing, technology, information services, and finance and insurance, will drive the growth in project management-oriented professions, it added. The report is the third such assessment on project management profession and industry ...
WIPO and DIPP sign agreement to set up innovation centres in India
The Dollar Business Bureau To set up Technology and Innovation Support Centres (TISC), the Department of Industrial Policy and Promotion (DIPP) and the World Intellectual Property Organisation (WIPO) have entered into an agreement. For entrepreneurs and innovators in developing nations like India, these TISCs facilitate access to locally based technology knowledge banks and other ancillary services, which help them create, manage and protect their intellectual property rights (IPR). Some of the services offered by TISCs include database search training, access to a repository of patent/non-patent resources and IP-related publications, retrieval of technology information, and provision of basic information on laws, management, and technology commercialisation. Cell for IPR Promotion and Management (CIPAM) is the focal point for the formation of a TISC national network. CIPAM ...
IKEA seeks 450 acres at Kandla port cluster
The Dollar Business Bureau IKEA the Swedish furniture maker has expressed interest in India’s burgeoning infrastructural growth. The company has shown interest in a planned cluster at Kandla Port and wants to be allotted 450 acres in it. This was revealed to the media by Nitin Gadkari, Minister for Road Transport and Highways and Shipping. Speaking at the launch of a report by TCI-IIM Calcutta on freight transportation by road in India, the Minister said that the company has planned clusters for furniture production at the Kandla port and seeks 450 acres of land near the port. Gadkari said that the furniture maker would give technology, expertise and know-how to the proposed cluster and also purchase the finished products. “IKEA is ready ...
Oracle to invest $400 million in India
The Dollar Business Bureau Global software firm Oracle announced $400 million investment in India for setting up a technology hub in Bengaluru. The IT major also plans to open nine incubation centers to mentor startups in the country. Ahead of unveiling Oracle CloudWorld Mumbai, the company on Wednesday announced the launch of its new service Oracle Cloud at Customer to offer easy transitioning of business critical applications to cloud. Shailender Kumar, Managing Director of Oracle India said, “Oracle Cloud at Customer supports control over data, while facilitating data sovereignty and data residency requirements. This will be a game changer for us in India. The Indian market for cloud adoption is growing at 20 per cent but we have been growing 100 per ...
BRICS nations endorse Indias technology cooperation
The Dollar Business Bureau The Union Minister for Science & Technology and Earth Sciences, Harsh Vardhan, on Saturday, informed about the endorsement made by the Brazil, Russia, India, China and South Africa (BRICS) nations towards India´s Young Scientists Forum Initiative. The Minister also expressed happiness over the same being the part of the BRICS Science, Technology & Innovation (STI) work plan for the period from 2015 to 2018. Addressing the Science & Technology Ministers of the BRICS nations in Brazil, the Minister reiterated Government of India’s commitment towards STI cooperation with the BRICS nations. In the second BRICS Science Technology Innovation Ministerial Meeting, that was held in Brasilia this week, the Indian delegation led by Harsh Vardhan, also proposed for ...
