Target is to have technology be 20-25% of Indian GDP by 2025-26: MoS IT

The Indian Government has set a goal of making technology 20-25 per cent of the nation's GDP by 2025, India's IT minister Rajeev Chandrasekhar has told Indian American entrepreneurs and asked them to be part of this story of India.

Over the last nine years digital economy has expanded, diversified and currently there isn't a slice or space in the tech sector that Indian entrepreneurs, Indian startups are not present in; whether it is semiconductors, micro-electronics, AI, the blockchain and web three high-performance computing languages and consumer internet, Chandrasekhar said in his virtual address to the annual conference of the Global Indian Technology Professionals Association.

Any part of technology that you look at today, there is significant presence and momentum by Indian startups, Indian enterprises and Indian innovators. Over the last five years, in particular, during and after COVID-19, the Indian innovation economy has grown from the four-five per cent in 2014 to ten per