Key Points
Speaking on the Data Protection Act, 2023, Sowle said data protection has been a challenge with the surge in growth after the internet opened in the year 2000..
One can't have a digital India without data protection laws, "just like no investment without managing risk," he added.Agencies..
America recognises India's enormous intellectual capital, and integrating India with the manufacturing ecosystem in core sectors like semiconductor will be key, according to policy thinktank founder Guruprasad Sowle..
"Even if it means transfer of technology from US to India, gradually that will happen because there are certain technologies that America was not really forthcoming in terms of sharing but after this visit by the Prime Minister, there is a considerable shift towards manufacturing in India," Sowle said...
With consumer electronics, mobile phones, automobiles, computers and IoT poised to fuel global demand, India is wooing semiconductor and display manufacturers with a USD 10 billion incentive scheme, making a determined push to position itself as a global powerhouse for electronics production...
