The minister made the remarks while speaking at the CyFY2022 event organized by the Observer Research Foundation (ORF).
“In 2014, more than 92 percent of mobile phones used in India were imported, today more than 97 percent of mobile phones used in India are made in India. Today, we export electronic devices worth $12 trillion,” said Rajeev Chandrasekhar.
He also said that the new data protection bill will be “very simple and modern”.
According to him, the right to privacy and data protection are fundamental rights in India, and the data protection bill will be very progressive in recognizing and incorporating these rights.
It is likely that the new bill for the protection of personal data will be presented to the Parliament during the budget session of the Parliament in February next year.
The Center withdrew the Personal Data Protection Act 2021 in August and said it would be replaced by a “comprehensive legal framework”.
Chandrasekhar, who is the Union Minister of State for Skill Development and Entrepreneurship, said that India was not created as a local hub of talent and innovation related to the semiconductor and microelectronics industries, but is poised to become a global hub. innovation economy. The minister said that India has made great progress in the field of semiconductors since 2014.
In 2014, most electronic devices were imported, but now 97 percent of devices are made in India, he said. “India also has a plan to advance the semiconductor space.” Chandrasekhar said that almost every ecosystem today, be it the drone ecosystem or any other, has a lot more startups and they are part of the government’s vision to build it. new india
“Global supply chains must be shaped not only by efficiency and affordability, but also by values and trust. Democratic nations must take the lead in shaping the future of the Internet,” he said.
He said India has many startups focused on the next generation of device and technology design and added that India has taken a landmark decision to keep its Internet open, but some boundary conditions should apply.
“Safety, security and trust are essential. There must be a coalition of consensus around these border conditions,” he said.
The minister said engagement with technology was transforming the economy, aspirations and youth. He said that never before in history has a country innovated on this scale and scale.
“India wants to lead the charge to Web 3.0, but the issues surrounding online gaming and cryptography need to be handled sensibly. An environment of security and trust must be built without stifling innovation,” he said.