Business Economy


Jyotiraditya Scindia leads strategic industry roundtable to chart India’s telecom vision

New Delhi, Oct 9 (UNI) Communication Minister Jyotiraditya Scindia today underscored the telecom sector's pivotal role as the backbone of India’s digital economy and a vehicle of inclusion for 1.4 billion citizens.
“The success of Digital India had been shaped by the innovation of the people and the facilitation provided by the government. Together, they were not just connecting people, but also building the digital architecture of a new India and a global era.” Scindia said.
The Minister was addressing CEO roundtable on ‘Charting India’s Telecom Vision: A Leadership Dialogue’ here at India Mobile Congress (IMC) 2025.
He said, “ India’s telecom sector is undergoing a transformative shift, anchored in domestic manufacturing and R&D. India is now nearly self-sufficient in critical telecom products, with much of the 5G rollout powered by indigenously manufactured equipment — a major leap towards technology sovereignty.”
The Minister also outlined India’s strategic DSS framework–Design in India, Solve in India, Scale from India–calling it a global growth vision, not protectionism.
Minister Scindia urged industry to invest in IP creation, sustainable product innovation and resilient, scalable solutions that meet India’s unique needs while strengthening global supply chains.
Moreover, while addressing the Nation Builders Summit at India Mobile Congress, the Minister said “ India has undergone a historic transformation over the past decade from a services-led economy to a global powerhouse for digital innovation, advanced manufacturing, and entrepreneurship.”
Scindia noted that a nation once largely defined as a ‘services country’ has today vertically integrated backwards into high-value manufacturing from digital services to products, and all the way to semiconductor chips. He credited the vision of Prime Minister Narendra Modi, whose push for Digital India, Startup India, and the Semiconductor Mission over the last eleven years laid the foundation of this leap.
“India, which could not even imagine manufacturing chips a decade ago, is today building semiconductor fabs from Gujarat to Assam,” the Minister said, adding that this revolution mirrors the impact of roadways and railways during the Industrial Revolution, connecting people, production, and opportunity at scale.
Scindia also highlighted India’s rise as the third-largest digital nation in the world, with 1.2 billion mobile subscribers, 974 million Internet users, and 944 million broadband subscribers.
With 46pc of the world’s digital transactions happening through UPI, amounting to USD3 trillion annually, India has built the largest digital public infrastructure in the world, empowering millions to participate in the digital economy.
The Minister highlighted how the startup ecosystem has exploded from just a handful of enterprises 15 years ago to over 180,000 startups and more that 100 unicorns today.
Noting that this wave of innovation is not limited to metros, he said, “ Today, a majority of companies listed on the stock exchange are based out of Tier 2 and Tier 3 cities. Entrepreneurial energy is rising from every small town and district.”
Scindia also noted a powerful shift towards gender equity in entrepreneurship, with over 73,000 women-led startups emerging as the strong drivers of growth.
He said, “ If India must move from Amrit Kaal to Shatabdi Kaal, every citizen, especially women, must be equal participants in building the New India of 2047.”
Talking about his experiences at Stanford, Scindia highlighted the lessons of Andy Grove, “ the only constant is change,” and ‘only the paranoid survive,’ emphasizing that these principles today define the DNA of Indian entrepreneurship.
Andy Grove was a Hungarian-American businessman and engineer who served as the third CEO of Intel Corporation.
Scindia, while praising the government-industry partnership model that has replaced regulation with facilitation, said, “ Government provides the runway, entrepreneurs provide the flight.’
“This is your time. India will not just be vocal for local but local for global designing in India, solving in India, and scaling for the world.” Scindia added.
UNI SAS RB 1638
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