National Technology Day 2023 Live Updates: Technology transforming industries

K. A. Alagarsamy, Director, Consortium for Technical Education (CTE)

On the occasion of National Technology Day, it is important to stress the need to integrate new technologies in educational institutions and professional spheres. However, it has been observed that insufficient staff training is becoming a relevant issue in the market. Hence, training and upskilling and re-skilling of employees for the new technology is the need of the hour. Therefore, new technology adoption requires a long-term strategy that requires dedicated time, effort and expertise.

Mukesh Kumar Bansal- Chief Technology Officer (CTO) of TelioEV

The electric vehicle (EV) industry in India has seen a significant positive change in recent years, thanks to the impact of technology. The progress of EVs in India has been facilitated by technology in various aspects. This includes the development of better battery technology and charging infrastructure, as well as digital mobility solutions. With the aid of advanced software in EV manufacturing and design, more efficient, cost-effective, and eco-friendly EVs have emerged. The development of a robust charging infrastructure is critical to the growth of EVs, and the use of technology such as IoT and cloud computing has made it easier to monitor and manage charging stations remotely. With the rise of the sharing economy, digital mobility solutions have become increasingly popular in India, promoting the use of electric vehicles as a sustainable mode of transportation. The integration of EVs into ride-hailing services has also encouraged the use of electric vehicles as a sustainable mode of transportation. As we celebrate Technology Day, it is crucial to acknowledge the indispensable role that technology plays in the growth of the EV industry in India and the potential it offers in creating a greener, more sustainable future.

Manav Subodh- Managing Director of 1M1B (One Million for One Billion)

The present discourse around AI and other immersive technologies like AR/ VR is that it is going to come in and take away jobs. We can flip the script by de-mystifying these new technologies to a broader social-economic audience and empowering them to enter the new virtual jobs economy and reimagine a new future for themselves.

People in tier 2-3 cities even in the hinterlands of India can enter the virtual jobs economy. Virtual jobs and the gig economy are expected to grow exponentially; it is expected that over 1 million new jobs will be created in India in the next 2-3 years in this category. The Animation, Visual effects, Gaming, and Cartoon (AVGC) sector will also be booming in India in the next 5-10 years. We need to make technology skilling and education inclusive and available to a broader segment of our future workforce for them to take advantage. If we act now, not just jobs, this can be the pivotal moment to also bridge the digital divide

Sourabh Deorah, Co-founder and CEO, Advantage Club

As we celebrate National Technology Day, it's clear that emerging technologies like AI, the metaverse, and virtual reality will continue to transform the world of work at an unprecedented pace. These technologies have the potential to revolutionize the HR industry and create a more engaging and productive workforce. AI will continue to play a critical role in helping businesses make data-driven decisions and deliver better experiences for employees. The metaverse and virtual reality have the potential to create immersive and personalized experiences for employees, enabling them to connect and collaborate in new and exciting ways. Let us embrace these advancements with enthusiasm and optimism, and work together to build a brighter future for the workforce.

Vijay Yalamanchili, CEO of Keka

I believe that the value of building a product lies in the impact it’s creating in human lives. Technology is no more merely a catalyst to power HR processes but a tool with transformative abilities. And I’m proud to have a team that is constantly adding value through technology and helping shape the future of the human race.

Vinay Singh Co-founder, BeatRoute

On National Technology Day, we honor the remarkable potential of innovation to reshape industries and drive progress. As an enterprise tech platform originating in India and garnering admiration from top retail brands across the globe, BeatRoute epitomizes this transformative power. We are revolutionizing the way retail brands plan and execute their Route-to-Market. By bringing sales teams, channel partners, and customers together on a collaborative platform, BeatRoute is driving holistic sales transformation for brands and creating a culture of high performance and goal-oriented success. Let's continue to embrace technology to drive positive change and achieve our end business goals.

Mandeep Arora, MD & Co-founder, UBON

On National Technology Day, we celebrate the significant advancements that technology has brought to our lives. The Indian government has played a vital role in making technology accessible to the masses, leading to the growth of the country's consumer electronics market.

The sector has seen revolutionary changes with the advent of wireless connectivity, sensors, e-commerce, and solar power.

The constant updates and development in technology will further ease our lives in the times to come. Moreover, data analytics is an area where technology can play a crucial role in expanding markets and improving products. Let us embrace the benefits of technology and continue to make strides in this field.

Varaprasad Reddy, Chairman World Trade Center, Shamshabad

Technology in International Trade: Globalisation in this multicultural world has made us depend more on Technology to enhance trade relations between the countries promoting the motive of ‘Peace through Trade’.

Sunil Shekhawat, CEO, Sanchiconnect

National Technology Day serves as a momentous occasion to commemorate India's advancements in deep tech. We have embraced cutting-edge technologies such as artificial intelligence, machine learning, robotics etc propelling us toward a future defined by innovation and scientific excellence. On this day, we pay tribute to the brilliant minds and relentless efforts of our startup founders, scientists, researchers, and enablers of tech ecosystem who have harnessed the power of deep tech to address complex challenges across sectors. We are proud to contribute to this rich legacy of technological prowess, leveraging advanced algorithms and computational intelligence to drive unprecedented breakthroughs. Today, let us celebrate the spirit of exploration and the remarkable possibilities that deep tech holds, as we continue to push the boundaries of knowledge and shape a brighter tomorrow for India and the world.

Mihir Sanchala, Assistant Vice President Technology, PlayerzPot Media Pvt. Ltd.

The gaming industry has embraced cutting-edge technologies like artificial intelligence, machine learning, and data science to create immersive experiences using AR and VR. Gaming has made significant advancements in recent years, including high-definition displays, better visuals, and gesture control capabilities. The future of online gaming involves the use of NFTs in gaming that will offer new revenue sources for gamers and cryptocurrency investors alike. NFT games have the potential to capitalize on this opportunity and create new income streams.