NEW DELHI: Digital technologies are key drivers of economic development in the ASEAN region and Indian IT companies have played an integral part in the digital transformation journey in the region, said the Union minister of state for electronics and information technology Rajeev Chandrasekhar. "Digital technologies have been key drivers of economic development in the ASEAN region, especially in sectors such as e-commerce, online media and financial services. Indian IT companies have played an integral part in the digital transformation journey of Malaysia and other ASEAN countries," the minister said Monday. He made the remarks while virtually addressing the ASEAN-India Business Summit 2023 themed "Strengthening and Moving Forward ASEAN-India Economic Relations for a Strategic Business Partnership". It is being held as part of the ASEAN-India Year of Friendship to commemorate the more than three-decade-long engagement between India and the 10-member bloc in Kuala Lumpur. Reflecting on the scope for further cooperation between India and the regional bloc, the minister said, "After the recent announcement of the real-time payments linkage system between India and Singapore, India is working with Malaysia and other ASEAN countries to operationalize it for more countries in the region." In what is a first-of-its-kind collaboration with […]
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