Further to Finance Minister Nirmala Sitharaman’s Union Budget 2023 announcement, below is Post Budget quote from Vishak Raman, Vice President of Sales, India, SAARC and Southeast Asia at Fortinet.
“The 33% increase in capital investments to 10 Lakh Crore, nearly three times the amount invested in 2019, attests to India’s thriving economy. The budget focuses on technology-driven growth, recognizing the potential of 5G by establishing 100 labs in engineering institutions to develop apps for various industries, including smart classrooms, precision agriculture, smart transport systems, and healthcare.
The budget also embraces the power of AI with the mission “Making AI in India and Making AI Work for India”. The expansion of Digilocker and establishment of e-courts are crucial for maintaining data privacy and security. A comprehensive system of technology and human collaboration is necessary to ensure data privacy and cybersecurity.” Vishak Raman, Vice President of Sales, India, SAARC and Southeast Asia at Fortinet.