Minister Ravi Shankar Prasad said, new software products policy is aimed at developing Facebooks and Googles from India with government backing through funding, procurement and creating intellectual property rights, information and technology.
We intend to have direct employment for 3.5 million people by 2025. We wish to build a cluster base which will have the value chain, everything from incubation to marketing to software product development. Most interesting is up-scaling of 10 lakh IT professionals. One lakh schools and colleges, students and 10,000 professionals for software products. We aim to create Googles and Facebooks from India.
Prasad said the National Policy on Electronics will boost local manufacturing not just for India but also for the export market, with the focus on designing in India.
India is known for its software services. We want it to become a big hub for products. We are going to nurture 10,000 startups in technology products, out of which 1,000 will be in tier-2 and tier-3 towns.