Budget 2017-18 Will Pave Way Forward for Digital India MAIT and ELCINA will continue to engage with Government further for giving impetus to domestic manufacturing

New Delhi - February 1, 2017

Budget 2017-18 put a thrust on digital economy on the back of demonetization and reduce dishonesty and the vagaries of the parallel economy in India. The Indian IT-Electronics sector has undergone transformation not only in terms of market size but also electronics hardware manufacturing capabilities have been boosted by government initiatives like "Make in India". Expressing her views on emphasis laid on digital economy, Debjani Ghosh, Managing Director of South Asia, Intel and President, MAIT said, "We are happy that the budget has laid primary emphasis on digital economy across development areas highlighted by the Finance Minister. Digital economy is now the key enabler for important development initiatives including cashless transactions and government is focusing on last mile connectivity and network penetration across India to further bolster idea of Digital India."