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Data is the new oil; Trump a blessing for India: Mukesh Ambani

While explaining how technology is impacting several businesses, he gave example of use of Aadhaar

Mukesh Ambani
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Mukesh Ambani

BS Reporters Mumbai
Reliance Industries Chairman Mukesh Ambani said US President Donald Trump could be a blessing in disguise for India’s $150 billion information services industry.

“I think Trump can be blessing in disguise. It will allow Indian talent and the Indian tech industry to focus on solving India’s problems,” Ambani said at the 25th Nasscom India Leadership Forum.

The Indian technology industry has grown increasingly apprehensive about regulatory changes in the US brought about by the Trump Administration that could affect their business in their largest overseas market.

“At the foundation of the fourth industrial revolution is connectivity and data. The convergence of all the

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