India currently boasts of being the second-largest telecommunications market in the world which has recorded consistent growth. Budget 2018 has a lot of expectations riding on it, especially post-demonetization and implementation of Goods & Services Tax.
According to Souma Das, Managing Director, Teradata India, Budget 2018 assumes significance as it comes post two historical reforms made by the government - demonetization and the implementation of GST. It is great to finally see digitization assume its rightful importance and all-pervasive relevance for more effective governance in our robust economy. The government is already paying heed to the rise of disruptive technologies such as automation, advanced analytics, blockchain, internet of things, artificial intelligence and machine learning, and we hope that it facilitates the adoption of some of these technologies both, for itself to improve governance and citizen services as well as by industry and enterprise to hasten the development of new products and services. We are also looking forward to new measures by the government that will fuel the growth of innovation and R&D in India and further enhance ease-of-doing-business.