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Industry pledges $75 bn on Digital India launch: Prasad

July 24, 2015Daily NewsBy wp-admin

Investment commitment of USD 75 billion or Rs 4,72,500 crore was received from industry at the launch of Digital India week, Telecom Minister Ravi Shankar Prasad said.

“On Digital India day (July 1), you will be happy to know that we made a very decisive initiative that investors – global and Indian — must declare their intention to invest in India…on a single day in a programme of two hours we were pledged USD 75 billion investment in the field of ICT and other allied services,” Prasad said while launching Indo-Africa ICT Expo.

The ministry on July 1 is estimated to have received an investment commitment of about Rs 4.7 lakh crore from leading Indian conglomerates and global companies including Reliance Industries, Bharti Airtel, Aditya Birla group and Vedanta.
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