India’s Digitalization: Big Data is the New Oil

... intentions to embark on a qualitatively new approach to the telecommunication business. Vladimir Korovkin: Digital Economy is the Economy of Innovations, not Inventions It took Mukesh Ambani about six years to create a new company named Jio (Hindi for “live”).... ... bodies, were prepared to close their eyes to many controversial points, since Ambani’s goals of swiftly spreading accessible Internet coincided with the course for digitalization steered by the government, while his statements that Indians’ data must be kept in India were very appealing ...