India aims to be $1-tn digital economy by 2026: MoS

During a Digital India Dialogues event in Bengaluru, Union Minister Rajeev Chandrasekhar announced that the government is actively collaborating with startups, industry, and academia to establish a thriving ecosystem for server and IT hardware manufacturing in India, with a focus on rapid expansion.

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"Our ambitions are clear a $300-billion electronics industry and a $1-trillion digital economy by 2026. The government will act as an enabler in catalysing India's IT hardware ecosystem that includes data centres, servers etc," he said.

"This PLI scheme for IT hardware has been carefully designed this time with inputs from the industry. India represents one of the fastest-growing consumer markets in the electronic manufacturing ecosystem as we have digitised our economy, government and public services at an unprecedented rate," he said.

The discussions were focused on stimulating ecosystem development while encouraging enterprises and startups to expand their presence in the country.