India known for scalability, precision and technology prowess: Prabhu

India, with its stellar track record in building affordable and innovative technologies, would be keen to partner with nations looking for scalable and low-cost communications solutions, Commerce and Industry Minster Suresh Prabhu said Tuesday. Terming communications technology as "all pervasive", the minister said that it had brought people on the same platform on a real time basis.

"These are interesting times, but also challenging, because the change is profound and the speed of change is dramatic," Prabhu said, speaking at India Telecom 2019 expo organised by Telecom Equipment and Services Export Promotion Council (TEPC). The minister said that India is looking to build partnerships that are mutually beneficial.

India is next only to China in consumer base in communications, he said, adding that the country offers great advantage in terms of low cost and high tech manufacturing, and is known for scalability, precision and technology prowess, and "we extend our hand of friendship to developing countries". Indian entrepreneurs have built new class of products and solutions, and the government will extend all possible support to foster growth and innovation, he added.

(With inputs from agencies.)