India excels in sustainable digital infrastructure
India has emerged as the ideal destination for providing sustainable infrastructure to the digital world, according to Union Commerce and Industry Minister, Shri Piyush Goyal. Speaking at the UK India Business Council’s ‘UK-India Technology Futures Conference’ in New Delhi, Shri Goyal highlighted the intersection of the digital world and sustainability issues, emphasizing the significant energy consumption by data-driven systems and its impact on sustainability. He praised India’s interconnected grid, stating that by 2030, the country will have a thousand-gigawatt grid connected throughout its length and breadth, powered by a mix of traditional and renewable energy sources. This abundance of clean energy offers unparalleled reliability and sustainability for data centers, making India an unmatched opportunity for global investors.
Investing in Technology and Innovation
Shri Goyal advocated for India as the best place to invest in technology and innovation. He emphasized the country’s robust legal system and announced the upcoming introduction of a new legal framework to ensure data privacy, encouraging the free flow of data among trusted partners. Shri Goyal also highlighted the potential for collaboration between India and the UK, leveraging the high level of innovation produced by UK universities. India boasts the lowest cost per GB of data and is the largest consumer of data globally. With a large number of STEM graduates and a growing demand in emerging markets, India presents an excellent opportunity for partnerships in various fields. Shri Goyal also highlighted India’s rapid rollout of 5G connectivity, making it the fastest-growing telecom market in the world.
India’s Technological Advancements
India is actively working on various technological dimensions, including the space sector, animation, gaming, artificial intelligence, and augmented reality. Shri Goyal emphasized India’s significant investment in the semiconductor industry through public funding. He quoted Prime Minister Shri Narendra Modi‘s vision of every device in the world being equipped with an India-made chip.
Areas of Collaboration
Shri Goyal proposed five areas of collaboration between India and the UK in technology. Firstly, in the field of AI learning, the two countries can create platforms for personalized training, with virtual reality becoming a part of the education curriculum. Secondly, collaboration in telemedicine can reduce the cost of medical healthcare in the UK and provide quality healthcare to remote areas of India. Thirdly, the two countries can collaborate in developing climate modeling tools to enhance the world’s ability to predict and manage natural disasters. Fourthly, precision farming tools and residue-free farming can increase productivity in India. Lastly, the organic chemicals, engineering goods, and food products industries are undergoing technological advancements, presenting opportunities for collaboration between India and the UK.
In conclusion, India’s sustainable digital infrastructure, coupled with its focus on technology and innovation, positions it as a global leader in the digital world. The country’s interconnected grid, abundant clean energy, and investment in various technological sectors make it an attractive destination for investors. Collaborating with the UK in areas such as AI learning, telemedicine, climate modeling, precision farming, and industry advancements can further enhance India’s position as a technological powerhouse.
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