Configuring India’s digital ecosystem

Shyam Ponappa

Two developments highlight the need for government to sponsor consortiums to build India’s digital ecosystem: Facebook’s announcement in April to invest $5.7 billion in Reliance Jio was momentous. In a slowing economy, Reliance Industries raised an incredible $20 billion with a cascade of foreign investments combined with a rights issue.

This “consortium” makes Reliance debt-free, besides providing the capital and capacity to dominate communications in India. India’s digital ecosystem’s dependence on China and on increasing imports …

tinyurlis.gdv.gdv.htclck.rushrtco.detny.im

Leave a reply

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>