14th India Digital Summit 2020

New Delhi, Delhi, India | 13th February 2020: The flagship annual summit of IAMAI, is the India Digital Summit which was held on the 5th and 6th of February 2020. The 14th  year of the summit with the theme ‘The Next Digital Leap’ was inaugurated by Amit Agarwal, Country Manager, Amazon India, and Chairman, IAMAI who spoke about how India should focus on ‘removing friction and bottle necks’ and added that the target of USD 1 trillion digital economy is not far-fetched for a country that is seen as a digital powerhouse.

Agarwal further advocated a clear focus on skilling, grassroot entrepreneurship, driving equal opportunity through greater women & participation as well as Artificial Intelligence backed solutions, and said a multi-pronged approach can enable India to meet its target of USD 5 trillion economy. He exuded confidence that bold reforms of last few years and India & rising tech clout globally backed by success of Aadhaar, UPI and other initiatives will help the country scale new highs.

Another highlight of Day 1 was the launch of a report titled ‘Intelligent Automation – A Key Catalyst for India’s Economic Growth’ by Smt. Aruna Sundararajan, Former Telecom Secretary and Chairman of the Telecom Commission. Launching the report, she said the report seeks to address what can catalyse the India’s economy growth. She further stated that investment is the next driver of growth. As the digital footprints in India grows across sectors it will help in benefiting several of India’s fastest growing companies from Intelligent Automation, she added. According to the report by ‘Automation Anywhere’ and IAMAI, Intelligent automation will catapult Indian economy to USD 5 trillion in the next five years, up from USD 2.7 trillion.

The second day of the summit was followed by an address by Chief Guest Shri Ravi Shankar Prasad, Union Minister for Communications, Electronics & IT and Law  who discussed in the last five years, India has evolved digitally, and observed that IAMAI has a big role to play in the process. “In the process of reform, perform and transform; technology plays a crucial role,” he added.

He said that transformation is the essence, and technology will play an important role. Technology is not only an enabler or facilitators but also that of empowerment, he observed. Citing the power of home-grown technology, the Minister cited the example of the growth of the digital payments industry. He said low cost technology has helped digital payments to grow on a larger scale that it has set to become the most powerful syndrome. Highlighting the growth in the digital payment sector, he informed the gathering that in five years, digital payments have clocked 3.50 billion in Nov 2019, from 918 million in 2016.

The major emphasis of the conference was on topics like Marketing, Technology, Start-ups, Mobile and other Digital Trends.

The summit had a gathering of over 2500 delegates, from across the various sectors of the internet industry. Some of the key speakers at the two-day conference included Amit Agarwal (Country Manager, Amazon India and Chairman, IAMAI), Dhruv Shringi (Co-Founder & CEO, Yatra and Vice-Chairman, IAMAI) Vijay Sekhar Sharma (Founder, Paytm), Sapna Chadha (Sr. Marketing Director – India & Southeast Asia, Google), Mohit Bhatnagar, Sanjeev Bikhchandani (Founder and Executive Vice Chairman, Info Edge) among others.

The 14th India Digital Summit coincided with the 10th India Digital Awards and the awards were given with an aim to recognize and promote the efforts of the talented Indian developers and creative honchos who have made an outstanding contribution towards ground-breaking advancements and rose above their peers.

The awards this year had 7 categories, and the categories for the same were Digital Advertising, Digital Content, Digital Social and Economic Empowerment, Mobile and App Awards, Payment and Fintech Awards, Social Media Awards and Technology Awards.

Wherein, Dinesh Agarwal, Founder & CEO, India Mart was adjudged as the Digital Person of the Year, Interactive Avenues – A Reprise Network Company was declared as the Digital Agency of the Year, while cure.fit was awarded as the Digital Start-up of the Year.

Most Popular

More from Author

Read Now

Krish-e Launches Aftermarket Smart Kit for Advanced Farm Equipment Monitoring

Krish-e Smart Kit brings farm equipment into the digital age. Monitor, track and optimize your fleet performance with this cutting-edge technology.

How This Rajkot-based Startup is Redefining Consumer Electronics in India with Competitive Pricing and Bold Design

A new entrant to India's consumer electronics space, Lyne is turning heads with its range of stylish and practical mobile accessories. With a focus on design and quality, the brand is looking to make a mark in the highly competitive market and change the game for Indian consumers.

TechGig & LinkedIn Announce Strategic Partnership to Boost Technology Events

Delhi, India | 30th March 2023: TechGig, India’s largest developer community, announced a strategic partnership with LinkedIn, the world's largest professional network firm, for better engagement and outreach with the community. The idea behind the collaboration is to leverage LinkedIn's specialized solutions to facilitate deeper reach, greater impact,...

Storia and IBA Join Hands to Promote Women’s Boxing at World Championship 2023

Storia Partners with IBA to Empower Women Boxers for Olympics 2024.

Ansell has Opened its Most Significant Greenfield Manufacturing Plant in India, Investing USD 80 Million

Mumbai, Maharashtra, India | 27th March 2023: Ansell, a global leader in personal protective equipment, marked the first phase of Go Live for Packing & Irradiation Operations at its new Kovai manufacturing facility in India, where they have so far invested $80 Million in this plant with a...

Sportzcraazy’s Acquisition of Kabaddi Adda Boosts Its Ability to Scout and Develop Players

Kabaddi Adda, a leading media content platform, is now under the control of Sportzcraazy. With over 5 million monthly enthusiasts, this acquisition strengthens Sportzcraazy's position as a leading sports tech and media platform in India.

PrepSAT Test by PrepInsta and WeCP Attracts 1.4 Lakh Candidates for Hiring Hackathon

PrepInsta's first-ever hiring hackathon, PrepSAT, draws massive interest with an astounding 1.4 Lakh registrations.

UKIBC brings together businesses, UN, UK government and partners on critical SDG matters in Delhi

NEW DELHI | 24th March 2023: As a part of its continued commitment to advance bilateral collaboration and mutual prosperity between the UK and India, UK India Business Council hosted a day-long Sustainability Conference and evening reception on the 'Socio-Economic Impact' of UK businesses in India in New Delhi. UKIBC's socio-economic impact...

NASSCOM Foundation and IG Group partner to skill women graduates and PwDs in Bangalore

NASSCOM Foundation and IG Group collaborate to digitally skill 300 women graduates and PwDs from marginalized communities in Bangalore.