“Today, data is the real wealth and it is being said that whoever acquires and controls the data will have hegemony in the future. The global flow of data is creating big opportunities as well as challenges… Data is a huge asset but the flow of global data is creating the biggest opportunities and the greatest challenges.” – PM Shri Narendra Modi
India had lost its chance at the industrial revolution. But we now we not only have excelled in sectors regarding new and cutting-edge technologies, but we have also become the leaders in them. Apart from manufacturing and information technology, we should pay attention to new and evolving sectors such as big data analytics, cyber-physics, nanotechnology, artificial intelligence, cybersecurity, advanced energy storage, renewable energy, next-generation genomics, cloud technology and advanced GIS, among others. This will showcase that one-sixth of the human population is fully committed to contributing to new tech.
“Today it is said that data is the new oil. I will also add that data is the new gold. Industry 4.0 is focused on data. Now, please listen carefully, if there is one country in the world where data is cheapest, then that is India… In fact, digital India is India’s new face to the world.” – PM Shri Narendra Modi