The Union Budget 2023 from an expert Sanjay Lodha , CEO of Netweb Technologies

Government focus on AI and setting up 3 centres of excellence is a good beginning to see the adoption of AI in government use. We are excited as this beginning will further enhance going forward and it will have an impact in consumption of Electronics and to use the huge amount of Data that India is now able to generate. Ai excellence centre will help in exploring the data easily and insights that could help in delivering govt models applications.

It is exciting  to see Govt. push on 5G and private 5G, Government has also identified some of the important use cases As stated a total of 100 labs will be set up in engineering colleges in partnership with various authorities, regulators, banks, and other organisations.
This is quite in line with the task we were aiming at as well. In order to create applications employing 5G services. The labs will cover applications such as smart classrooms, precision farming, intelligent transport systems, and healthcare applications, in order to realise the new range of options, business models, and job potential.

The building of applications increases the requirements of strong server connections, Data Storage, the hardware choices for embedded security wherein if we talk about the general impact, it will increase the businesses from Servers to IoT Manufacturers. These services would help in running various application and radio access networks  which will help in excelling 5G in future. The purpose of these labs will be to present fresh opportunities, company ideas, and job prospects. .

Data Governance policy is going to give impetus on further helping in adoption of digital technologies and will be instrumental in growth of many more applications. Excellence centres will help in delivering  govt schemes like adopted technology ,blockchains and other new applications .

Overall we believe that this will give a positive growth and enhancement in the digital electronic, data localisation and usage that will boost the technology as a whole.