मैगज़्टर गोल्ड के साथ असीमित हो जाओ

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The next phase in infotech growth

Business Standard

|

November 25, 2025

India must look beyond employment and export growth to innovation that can compete with the US and China

- NITIN DESAI

The next phase in infotech growth

My column last month focused on the international governance of the internet. This month, I turn to the national strategy in India for future information technology (IT) development.

Over the past three-plus decades, the most significant substantive advance in India has been in the provision of new information and communication services. The two themes are closely connected. The spread of internet-related connectivity is deeply linked to the rapid transformation ofthe communication system — first through the rise in mobile phone availability and usability, and then with the emergence of smartphones.

The rapid development of information and communication services is one area where India has done well. This is evident in the expansion of cellular mobile phone users to 1.12 billion by early 2025, with over 70 per cent of them using smartphones. As for the internet, the Telecom Regulatory Authority of India reports about 1 billion internet subscribers as of June 2025. This vast expansion in information and communication services in India is a combination of substantial foreign companies entering India for the supply of phones and internet service, and effective public spending on communication service infrastructure.

Business Standard से और कहानियाँ

Business Standard

Business Standard

Over 80% of our AI agents are built in India: SAP Labs India MD

SAP Labs India, the research arm of German software company SAP, says its artificial intelligence (AI) copilots are helping drive productivity across enterprises and a significant number of those agents are built in India.

time to read

3 mins

November 25, 2025

Business Standard

GST boost fuelling growth; private capex showing spark: HDFC Bank

Senior management at HDFC Bank, the country's largest private-sector lender, told investors during non-deal roadshows that they were witnessing strong momentum in economic growth following the rationalisation of goods and services tax (GST) rates.

time to read

2 mins

November 25, 2025

Business Standard

NBFCs face funding pressure despite healthy outlook: Crisil

Despite broadly healthy balance sheets and a robust credit demand outlook, non-banking financial companies (NBFCs) are facing a tightened funding environment, Crisil Ratings said on Monday.

time to read

1 mins

November 25, 2025

Business Standard

Business Standard

Wheat leads as rabi sowing over in half of normal area

Sowing of rabi crops continued at a brisk pace across most parts of North and Central India due to favourable weather and steady availability of critical inputs and strong reservoir levels.

time to read

1 min

November 25, 2025

Business Standard

Lower GST rates to spur consumption, drive growth: S&P

The lowered goods and services tax (GST) rates, income tax cuts and interest rate reductions are likely to make consumption a greater driver of India's growth compared with investment in the current and next financial year, credit rating agency S&P Global said on Monday.

time to read

1 mins

November 25, 2025

Business Standard

Rate-cut room intact, signals RBI governor; bond yields decline

The yield on the 10-year benchmark government bond fell on Monday, after Reserve Bank of India (RBI) Governor Sanjay Malhotra said the scope for further rate cuts as indicated during the October monetary policy meeting - had not diminished, as suggested by the latest data.

time to read

2 mins

November 25, 2025

Business Standard

Business Standard

India, Canada to reboot trade deal talks after 2 yrs

Govt calls for deeper ties in critical minerals and N-power

time to read

3 mins

November 25, 2025

Business Standard

India, EU set to firm up FTA, defence pact on January 27

The European Union (EU) is looking to forge a broad global agenda in partnership with India and the two sides are set to firm up a free trade pact, a defence framework agreement and a strategic agenda at their annual summit on January 27.

time to read

1 min

November 25, 2025

Business Standard

Net FDI doubles in H1FY26

After August, net FDI negative in September too

time to read

1 mins

November 25, 2025

Business Standard

Business Standard

India top priority, says Prosus CEO

Highlighting India as the company’s most important growth market, Fabricio Bloisi, group chief executive officer (CEO) of the Dutch technology investor Prosus signalled a sharp acceleration in artificial-intelligence investments across its portfolio in the country.

time to read

2 mins

November 25, 2025

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