Reliance, Tata, Birla list investment plans at Digital India launch

Indian businessmen scrambled to showcase many of their existing investment plans and allocations as a response to Prime MinisterNarendra Modi’s Digital India initiative, which was launched on Wednesday. By the end of the day, they had announced planned investments of Rs.4.5 trillion, and hires of 1.8 million people, over the next 5-10 years.

The numbers sound highly laudable, but are mostly investments in their own businesses, experts said.

Still there is no doubt that their enthusiasm—Microsoft Corp.’s Satya Nadella sent a video message on the campaign—will translate into achieving many of the objectives of Digital India, albeit in a market-centric way.
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