A lot is happening in India’s tech scene. Right from advancement of new technologies to unique medical solutions to deal with Covid-19, India is witnessing a major technological paradigm shift. Albeit, the pandemic has pushed this a development lot. As we move towards the post-Covid world, the importance of technology is increasing every day. In this article, we shall talk about India’s major five tech upliftment development.
Here are the five major recent tech developments that are changing India forever.
1. Reliance’s Jio and Google’s surge in India
India’s richest man, Mukesh Ambani conglomerate Reliance Industries, whose digital arm, Reliance Jio, is now India’s answer to Amazon and Huawei. The company is eyeing India’s biggest 5G market and the impact of it in India’s tech sector is going to be a huge one. We all know, last month, Reliance confirmed plans to build its own 5G technology without help from Chinese companies. This is such a development that would make Reliance Jio India’s first telecom firm with 5G capabilities. As industry experts rightly point out, a major chunk of Jio’s confidence comes from the company’s strong financial position, $87 billion in revenue. Also, another tech giant, Google, paid $4.5 billion for a 7.7% stake in Jio Platforms last month giving it further boost. Google and Jio Platforms also plan to jointly develop an “entry-level affordable” 4G/5G smartphone. Once all implemented, this will be India’s biggest ever tech revolution.
2. Centre’s tech support to start-ups
Inanother development, the Centre is looking to fund start-ups until they’re off the ground to develop an Atmanirbhar/self-reliant India in terms of tech innovations. For this plan, the Centre recently launched ‘Chunauti’, a competition to boost start-ups and software products. As per a report, IT minister Ravi Shankar Prasad said, “I urge the young, talented innovators of India to come forward and avail benefits of ‘Chunauti’ challenge of government and create new software products and app. This launch is a bold initiative under the clarion call for Aatmanirbhar Bharat given by Prime Minister Narendra Modi”.
In this initiative, around 300 start-ups will be chosen. They all will receive incubation facilities, mentorship, access to venture capitalist funding, industry and legal support. The Centre has earmarked Rs 95.03 crore for three years to fund the plan. Each start-up is likely to receive seed funding of up to Rs 25 lakh. We hope many youths find this initiative helpful to become self-reliant with the help of technology.
3. India offers medical tech support for ASEAN
India expressed its willingness to collaborate with the 10-member ASEAN bloc to manufacture generic drugs and medical technologies used for Covid-19 treatment. Addressing the 8th East Asia Summit Economic Ministers’ Meeting recently, India’s commerce and Industry minister Piyush Goyal welcomed the ASEAN’s initiatives to control the pandemic and set up a Covid-19 Response Fund. Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam are the ASEAN member nations.
— Business Today (@BT_India) August 29, 2020
According to a report, joint statement signed by all the 18 participating economic ministers acknowledged that the pandemic has caused unprecedented challenges across the globe. They spoke of the importance of strengthening regional economic cooperation for medical technologies to mitigate Covid-19’s economic impact.
4. Focus on people-centric science and tech policy
According to a report, to ensure a wide-ranging consultation process for India’s fifth science, technology and innovation policy (STIP 2020), the Centre recently inaugurated an interactive session with thought leaders and a web portal seeking inputs from people. The government urged all stakeholders and common people to participate in the process to make a suitable policy to support the rapidly changing scene of science, technology and innovation ecosystem. No doubt the Centre is giving greater focus on the development of indigenous technologies and encourage grassroots level innovation.
— DD India (@DDIndialive) August 24, 2020
“In the new policy, people will need to contribute. It has to be people centric – look around us and discuss with people how to best use science and tech to find solutions to their problems. Even a layman can sometimes give the best of solutions. The policy will help us in blending research and development with indigenous thinking. There are already so many things delivered within labs but in the journey from labs to industry and to the people at affordable prices there are bottlenecks,” said science minister Harsh Vardhan in a report.
No doubt PM Modi’s Make in India initiative has built the digital economy stronger in the country. The plan will revive the infrastructure projects and give a powerful call action to native innovators, citizens and business leaders. The Centre is giving thrust to the Make in India movement a success and promote the need for indigenous tech solutions specific to Covid-19 and otherwise. Some companies are working towards technology innovations and promoting ‘Make in India’ manufacturing. They are:
A) VAMS Global: According to a report, this is a leading provider of Visitor Management Systems. “Pioneering the Visitor Authentication process, VAMS Global offers specialized solutions for Corporates, Commercial Buildings & Complexes, Residential Buildings & Townships. Used by a number of Fortune 500 companies, leading Commercial Projects & flagship Residential Properties, VAMS is used at 1000+ locations in 13 countries. The company has recently designed a VAMS Safeguard system that offers 100% hands-free hygienic user authentication.” the report said.
We are going to have an exciting series of events on non-traditional sectors- energy, pharmaceuticals & health, and infrastructure: Mr Vish Viswanathan, Make In India Chapter Chair, @AIBC_Ltd at the webinar on Opportunities in Digital & Emerging Technologies. pic.twitter.com/pF8HPCiI10
— FICCI (@ficci_india) August 21, 2020
B) Hycube: Bangalore-based HyCube Works deals with innovative approach towards product development using latest technology. Founded in 2018, this is a rapid prototyping and additive manufacturing firm that aims to deliver tested and refined products for the global market. The company is involved in direct digital manufacturing solutions, sales and service of desktop and industrial-grade ALPI series of 3D printers and rapid prototyping services. The firm’s ultimate goal is creating complex parts and handholding designers to validate designs and develop various parts for end-use applications.
C) Bluesemi: It is a Hyderabad based deep tech startup that makes IoT devices for a smart and sustainable technology revolution. Founded in 2017, Bluesemi has 3 R&D centres across the country for research and manufacturing. The firm has designed IoT devices – EoN, SecureOne & SENS. During Covid-19, Bluesemi has introduced a new device called SENS – a contactless temperature-sensing device with medical-grade accuracy giving the temperature reading within just five seconds and it will automatically detect a person in 15cm distance.
D) PROBUS Technologies Pvt. Ltd: This is an IT Solution Provider and a custom Software Development company. The firm has its headquarters in New Delhi, India. PROBUS provides software solutions and services focused on business-driven, technology-enabled solutions that create next-generation competitive advantages. The company is specialized in the development of enterprise solutions ranging from small business applications to enterprise software applications.
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