Digital economy to create 10 million in 2 years: Ashwini Vaishnaw

Start-ups leading technology development, can emerge from small villages even: Minister

India’s digital economy has created almost 9 million jobs and the figure is expected to cross 10 million in two years, said communications minister Ashwini Vaishnaw on Wednesday.

“We are currently the second largest manufacturer of mobile phones now,” he said at the ESC-STPI Start-up Initiative conclave in Delhi, adding that electronics manufacturing has created around 2.5 million jobs and IT services 5.5 million.

“Start-ups are undergoing a significant change where a lot more of them are now looking at developing technologies. The ecosystem is now witnessing a trend of technology development. From becoming technology consumers, we are now becoming