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India Launches TechSagar Knowledge Repository For Businesses, Startups And Researchers

India Launches TechSagar Knowledge Repository For Businesses, Startups And Researchers

The platform will host over 4K business and research entities

TechSagar will provide insights of 25 technology areas like IoT, blockchain, etc

The platform aims to provide better opportunity to businesses

To facilitate knowledge-sharing and holistic growth in the Indian tech industry for big corporations and startups, the National Cyber Security Coordinator’s office in partnership with Data Security Council of India (DSCI), launched a digital portal TechSagar on October 21. TechSagar is meant to act as a repository of over 4K businesses and research entities focusing on technology— IT industry, startups, academia and individual researchers.

TechSagar is a consolidated and comprehensive source of India’s cyber tech capabilities which will provide insights across 25 technology areas such as internet of things (IoT), Artificial Intelligence (AI), Machine Learning (ML), blockchain, cloud, virtualisation, robotics, automation, AR or VR, wireless and networking, among others.

“In order to combat the growing threat from cybercrime, there is an urgent need to collaborate and develop cyber technology capabilities in India. With the launch of TechSagar, we have sown the seed for start-ups to prosper in cyber tech,” Lt. Gen Rajesh Pant of National Cyber Security Coordinator of India of TechSagar, told Mint.

The platform aims to provide better opportunities for businesses and academia to collaborate, connect and innovate in the future. The platform TechSagar will allow targeted search and navigation into specific searches using over 3K capabilities. The organisation has also assured that the platform will be updated frequently to include new entities and information to be relevant and useful.

The Growth Of Indian Tech Industry

Prime Minister Narendra Modi, while speaking at the “Howdy, Modi” held in the US in September, emphasised that India is currently technically developed enough to lead the world in the Industry 4.0 revolution, which majorly relies on big data analytics, digital technology to augment and improve manufacturing.

Recently, an opinion poll conducted by the World Economic Forum (WEF), people from India are among the world’s most optimistic about technology. The opinion poll had more than 10K respondents from across 29 countries.

Another report by IBEF states, Indian IT industry contributed around 7.7 % to the country’s GDP. Moreover, it also employs nearly 3.97 million people in India, out of which 105K were added in FY18 and is expected to add over 250K new jobs in 2019.

The report also added that the IT industry is also helping the Indian startups to grow. It highlights that India has registered around 5,300 tech startups.

Moreover, in May 2019, it was reported that the Indian government is planning on a national policy for skilling and reskilling of youth in advanced technologies such as machine learning, artificial intelligence, and internet of things (IoT).