Satya Nadella announces plans to propel India’s digital economy to $1 trillion goal
Microsoft CEO Satya Nadella has announced plans to support India’s efforts to become a $1 trillion digital economy.
Speaking to IANS, Nadella said that as India increases its spending on the tech sector, Microsoft wants to provide its entire tech stack to the country and its innovators in order to help it reach this goal.
Nadella emphasized the company’s desire to be an infrastructure provider and a developer amplifier, adding that Microsoft is no longer just a software company, but a full systems provider.
He also noted that the company is investing capital in India, including the construction of new data centers. India’s IT and BPM sector has been a significant growth catalyst for the country’s economy, contributing to both GDP and public welfare.
The IT industry accounted for 7.4% of India’s GDP in FY22 and is expected to reach 10% by 2025, according to the India Brand Equity Foundation.
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