Tech-driven innovations in India need to be affordable and scalable: FM Nirmala Sitharaman at TechSparks 2022

By Aparajita Saxena
November 12, 2022, Updated on : Sat Nov 12 2022 11:30:35 GMT+0000
Tech-driven innovations in India need to be affordable and scalable: FM Nirmala Sitharaman at TechSparks 2022
Speaking at TechSparks 2022, Finance Minister Nirmala Sitharaman said India is revving up to become the third-largest economy in the world, and tech is what can get us there.
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In India's race to emerge as the world's third-largest economy, tech-driven innovations play a crucial role and need to be in-situ, affordable and scalable, Union Finance Minister Nirmala Sitharaman told a large gathering of entrepreneurs and investors at YourStory's flagship startup-tech event, TechSparks 2022.


Solutions to make India more citizen-centric so there are better health, education, and infrastructural facilities will have to be tech-driven because the next decade is actually a "techade", she said.


"Digital fundamental infrastructure that's available in India is created with the government, and created for it to be a public good rather than costed," she added, stressing again on frugality in innovation and scalability.

Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman delivering the keynote address at TechSparks 2022

Sitharaman previously spoke at TechSparks in 2020, where she stressed on the need for open dialogue between the government and the people of India.


After two years of hosting TechSparks virtually, India’s most influential startup-tech conference is being held in person. This year’s theme--Building On India’s Tech Agenda--brings together architects and early adopters across the innovation ecosystem of the country.


From cutting-edge technologies to audacious ideas, from path-breaking disruptions to deep humane conversations, TechSparks 2022 is THE destination for deliberating, deep-diving, and understanding the promise of India’s tech agenda.


Since 2010, TechSparks has been the go-to place to discover the startups, entrepreneurs, and innovations set to shape the future of everything. Hear directly from leaders, entrepreneurs, and pioneers transforming and paving the way for the future.

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