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10 Mn Additional Jobs Can Be Created In Electronics, BPO Sector In Two Years: Vaishnaw

Minister said, “We have now an ecosystem that gives importance to merit and talent, that can power innovations and disruptions”

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The Minister for Communications, Electronics and Information Technology and Railways, Ashwini Vaishnaw on Wednesday said that 10 million additional jobs can be created in the electronics and business processing (BPO) sector in the coming two years, given the strides, the startup sector is making in the country.

Vaishnaw referred to three megatrends that are unfolding in the country as envisioned by the Prime Minister, Narendra Modi

Foremost among them is the determination to emerge as the technology leader powered by the country’s talent pool, ingenuity, high level of computer literacy, and commitment to excel. 

“We have now an ecosystem that gives importance to merit and talent, that can power innovations and disruptions,” Vaishnaw said.

He also mentioned that the manufacturing segment is witnessing a mindboggling number of innovations, particularly in the mobile telephone system where India has become a major exporter now as against a net importer a few years ago.

Vaishnaw added, “It’s a marvellous achievement which we are trying to emulate in other segments including railways, chemicals, power and semiconductor.” 

Diversity is another trend that is discernible now, the minister observed. 

This is achieved by digitally connecting tier 2 and 3 cities so that entrepreneurship can be nurtured from these cities to widen the bandwidth of the development. 

Of the 64 digital hubs that have been implemented, 54 are in small cities and towns, which will have a remarkable impact on the proliferation of start-ups in the country.


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