As India embarks on its digital journey with full steam, Microsoft wishes to move in and provide every part of its tech stack to the country and its innovators, to help it become the $1 trillion digital economy as the country spends more on its tech sector, the company's Chairman and CEO Satya Nadella said here on Thursday.
Nadella told IANS that India's tax spend as a percentage of its GDP is becoming normalised when compared to the developed world, and is now among the top 10 countries.
"I ask, what happens if India spends more on its tech sector? What is the productivity gain that the world can benefit from? And here, we want to move in with our world-class offerings," Nadella said during a closed-door session.
"We want to be the infrastructure provider. We want to be the developer amplifier. We want to provide every part of our tech stack to basically help the country gain that leverage towards becoming a $1 trillion digital economy soon," he emphasised.
At the opening ceremony of the BRICS Business Forum in virtual mode last year, Prime Minister Narendra Modi said India's digital sector valuations will cross $1 trillion soon.
Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said in November that over the next 5-7 years, "we will surely see our trillion-dollar digital economy goal become reality."
The IT and BPM sector has become one of the most significant growth catalysts for the Indian economy, contributing significantly to the country's GDP and public welfare.
According to India Brand Equity Foundation, the IT industry accounted for 7.4 per cent of India's GDP in FY22 and is expected to contribute 10 per cent to India's GDP by 2025.
Nadella said that we are no longer just a software company but a full systems' provider.
"We're making everything and we are making them in India, so that others can make in India as well, whether it's a small business or a public sector project," he noted.
The Microsoft CEO said that they are investing capital in India, like in building new data centres.
"We now have three data centres and the fourth one is coming soon," he informed.
Tripura CM Saha holds key meeting with BJP, IPFT and TMP leaders
Tripura Chief Minister Manik Saha on Friday held an "important" meeting between the leaders of ruling BJP and its two allies – Tipra Motha Party (TMP) and Indigenous People's Front of Tripura (IPFT) and discussed various political and developmental issue, sources said.
HM Amit Shah's meeting sends a clear message: Not a drop of water to Pakistan
A high-level meeting was held on Friday at the residence of Union Home Minister Amit Shah regarding the suspension of the Indus Waters Treaty. The 45-minute meeting between the Home Minister and Union Jal Shakti Minister C.R. Patil focused on exploring ways to halt the flow of water to Pakistan.
Tripura: TMP chief urges Centre to adopt 'stronger policy' against B'desh
Ruling BJP’s ally Tipra Motha Party (TMP) founder-chief Pradyot Bikram Manikya Debbarma on Friday urged the Central government to adopt a stronger policy stance towards Bangladesh, accusing the neighbouring country of encouraging fundamentalist forces targeting Hindu minorities.
Pahalgam attack: More countries express solidarity with India, offer support in fight against terrorism
Ambassadors of Israel, Egypt, Argentina, and Nepal met External Affairs Minister (EAM) S. Jaishankar in New Delhi on Friday, expressing solidarity with India in its fight against terrorism following the heinous terror attack in Pahalgam.
Tripura CM directs SPs and DMs to remain vigilant about Pakistani nationals
Tripura Chief Minister Manik Saha on Friday directed the Superintendents of Police (SPs) of all eight districts to regularly share necessary inputs with the Chief Minister’s Secretariat regarding the presence of any Pakistani nationals in the state, officials said.
US supports India's 'hunt' for those behind 'horrific Islamist terrorist attack' in Pahalgam, says Gabbard
Tulsi Gabbard, Director of National Intelligence (DNI), on Friday said that the United States supports India's "hunt" for the perpetrators of the "horrific Islamist terrorist attack" in Pahalgam that took place earlier this week.
Tehran stands ready to 'forge greater understanding' between India and Pakistan: Iran FM Araghchi
Citing its good relations with both India and Pakistan, Iran on Friday said that it stands ready to "forge greater understanding" between New Delhi and Islamabad following the Pahalgam terror attack, earlier this week.
PM Modi's action will act as deterrent against any fresh attempts to harm India: Tripura CM
Tripura Chief Minister Manik Saha on Friday denounced the Pahalgam terror attack, asserting his staunch belief that Prime Minister Narendra Modi's decisive action will act as a strong deterrent against any future attempts by terrorists to harm India.