‘Digital India’ is one of the flagship programmes of the Government of India (GoI) with an aim to transform the country into a digitally empowered economy. Given the massive push that the government is giving to this programme, some radical changes have taken place across the country at both the public as well as at the government level in terms of digitization.
Unfortunately, the growing digitization has also increased data breaches and cyber security threats.
Over the years, government entities’ need for sophisticated security products has led to a heavy reliance on the foreign manufacturers.
A trend that will change now.
The Union Ministry of Electronics & Information Technology (MeitY) has not only directed all ministries to spend 10% of their IT budgets on cyber security but also mandated preference to cyber security products from companies incorporated and registered in India.
I was recently invited to author an article on the topic for the Indian Software Products Industry Round Table (iSPIRT) blog. Read my views on this government mandate and how it affects the market.
Ashish Tandon, CEO & Founder, Indusface
Ashish Tandon is a successful first-generation entrepreneur with a rare combination of strong technology understanding and business expertise. Under his leadership as founder & CEO, Indusface has been recognised as an award-winning Application Security as a Service company with a multi-million $ ARR, fast growing, bootstrapped and profitable. Ashish has also successfully lead and exited several ventures in the areas of Security, Internet services and cloud based mobile and video communication solutions in the past. He is closely associated with the Government and Industry bodies of India in drafting of various Software Products & Security related acts, regulations & policies.