India to have over 500 million smartphone users by 2018: PM Modi

Uncategorized

Hyderabad, November, 28, 2017: The number of smartphone users
in India is projected to grow to over 500 million by 2018. This offers immense
potential for the growth of any venture, in terms of outreach and job creation,
said Prime Minister Narendra Modi on Tuesday here.
The Prime Minister was speaking at the Global
Entrepreneurship Summit-2017. This year, the Summit is being held on the theme
“Women First, Prosperity for All”.
“The power to think differently and ahead of the times for
the betterment of mankind is what sets entrepreneurs apart. I see that power in
India’s young generation today. I see 800 million potential entrepreneurs who
can work towards making the world a better place. The number of smartphone
users in India is projected to grow to over 500 million by 2018. This offers
immense potential for the growth of any venture, in terms of outreach and job
creation,” said Modi.
The Prime Minister said that India has been an incubator for
innovations and entrepreneurship over the ages.
“The ancient Indian treatise, Charaka Samhita, introduced the
world to Ayurveda. Yoga is another ancient Indian innovation. Many
entrepreneurs are involved in promoting Yoga, spirituality, and traditional
Ayurvedic products. The digital world we live in today is based on the binary
system. The invention of zero, foundation of this binary system happened with
Aryabhatta’s work in India. Similarly, many nuances of modern day economic
policy, taxation system, and public finance policies are outlined in our
ancient treatise Arthashastra by Kautilya,” added the PM.
US President Donald Trump’s daughter and his advisor Ivanka
Trump also led the US contingent to Global Entrepreneurship Summit 2017. This is
the first time that the Global Summit is being held in South Asia.

Leave a Reply

Your email address will not be published. Required fields are marked *