City
Epaper

Tech industry hails PM Modi's record third term

By IANS | Updated: June 9, 2024 13:00 IST

New Delhi, June 9 As Narendra Modi is set to take oath as Prime Minister on Sunday, the ...

Open in App

New Delhi, June 9 As Narendra Modi is set to take oath as Prime Minister on Sunday, the tech industry hailed his record third term, saying that this continuity will promise stability, consistency and effectiveness in governance, taking the country closer to 'Vision India@2047'.

Congratulating PM Modi on winning the Lok Sabha elections for the third time, Agendra Kumar, Managing Director, Esri India told IANS, with the new government "we can expect the use of satellite imaging, GIS, GeoAI and digital twins to support the developmental initiatives of the government for both, urban and rural economies".

"Technological progress and innovation have been key areas of focus for PM Modi," he added.

Paritosh Prajapati, CEO of telecom gear maker GX Group, said that under PM Modi's leadership India has witnessed major reforms in the last couple of years and the continuation of the new government will set those reforms into action.

Manufacturing has been a major sector where the automobile, electronics, and pharmaceutical sectors have been growing extremely fast.

"India as a stage now, we see a huge impact in the coming year and the ministry will drive it forward for new transformation and bring prosperity in every sector and every person in the country creating new opportunities, new jobs and new goals," Prajapati said.

In addition, Ritesh Malik, founder of Innov8 and a serial investor, said that in the last 10 years, the country has witnessed significant growth.

"In the next five years, our ecosystem, ease of doing business, Startup India, Make in India Mission, will keep on growing the economy of the country," Malik added.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalGandhi statue vandalism: India raises concerns, London Police say probe underway

BusinessBeOndHub Studios Launches Across India as an AI-Native Creative Powerhouse

BusinessDubai Fintech Startup SuperStable Hits USD 45M in Payment Volume Within Six Months of Launch

BusinessAztec's Strategic Milestones Culminate in Dun & Bradstreet 2A2 Rating, Setting Stage for Global Growth

EntertainmentDurga Puja 2025: Chittaranjan Park Durga Puja committee Durga Pandal takes inspiration from Satyajit Ray's 'Sonar Kella'

Business Realted Stories

BusinessDubai Fintech Startup SuperStable Hits USD 45M in Payment Volume Within Six Months of Launch

BusinessVerSe Innovation achieves 88% Revenue Growth; Cuts Burn by 20%, Poised for Group-Level Profitability in H2'FY26 with AI-Led Expansion

BusinessOrganized jewellery players set to capture 45% market share by FY30: Nomura

BusinessValueQuest SCALE Fund & VQ FasterCap Fund Backed Solarworld Energy Solutions Attracts Strong Investor Interest Ahead of IPO Listing

BusinessMobavenue's AI Tech Platforms Win '2025 Champions of Scale' Award at Aerospike Summit