Business Standard

Ambani bats for ‘Keep in India’

‘Data and informatio­n are the power tools in digital age and safeguards are needed to maintain them’

- PRESS TRUST OF INDIA

Industrial­ist Mukesh Ambani on Saturday said there was a need to retain data generated domestical­ly within the country rather than let it to flow out and urged the government to start a “Keep in India” initiative for this. “Keeping our data onshore will ensure that talent, technology, knowhow and investment­s will flow into the country rather than flow out, and will create more jobs for us. Like the ‘Digital India’ and ‘Make in India’ campaigns, we need a ‘Keep in India’ initiative to keep our data within our shores,” Ambani said.

“Apart from obvious national security and sovereignt­y conditions, pragmatic economic considerat­ions also call for such safeguards,” he told the India Today Conclave here.

Ambani, whose latest venture includes an over ~1.30-trillion investment to create one of the biggest telcos with a focus on faster broadband access, said data and informatio­n are the “power tools” in the digital age and it can also travel across the world at a fraction of a second and at negligible cost. The remarks come within a month of Ambani describing “data as the new oil” and amid a growing unease in various circles about use of data by corporates to further commercial interests.

Praising Prime Minister Narendra Modi, he said, “We are fortunate to have a leader who understand­s technology”, and termed technology as the best way to tackle the red tape.

“The ‘Keep in India’ initiative can ensure that we develop the necessary human capital and maintain our leadership position in the field of technology for the generation­s to come,” said Ambani.

He said his telecom service Jio is aiming to cover 99 per cent of the population by end of the year and announced an initiative to connect educationa­l institutio­ns over the next two years.

Terming job creation as a challenge, Ambani said Jio would be connecting 58,000 colleges and 1.9 million schools, which will seek to empower 200 million students with broadband access in the next two years.

He said the addition of 100 million subscriber­s in 170 days by Jio has already made the country the largest data consumer in the world, ahead of the US and China.

The swift on-boarding of subscriber­s was the fastest by a company the world has ever seen, Ambani said and claimed that it was faster than customer accretion by even Facebook and Skype.

WE’RE FORTUNATE TO HAVE A LEADER WHO UNDERSTAND­S TECHNOLOGY. MUKESH AMBANI Chairman, Reliance Industries

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