The Indian electronic industry will require 2.8 million professionals at various levels by 2020, according to a top government official.
J. Satyanarayana, secretary, department of electronics and information technology, Saturday said the proposed national electronic policy would provide the roadmap for meeting this requirement.
He was inaugurating SecurIT 2012 at the Amritapuri Campus, started by Mata Amritanandamayi here.
SecurIT, the first international conference on Security of Internet of Things, aims at bringing together researchers, practitioners and "ethical hackers" around the globe for disseminating latest advances in security, cloud computing, mobile networks and cyber-physical control systems.
"The Internet has virtually become borderless and has become a powerful instrument of change. The openness also involved misuse of information, including the security of the country and its economy. No less important was the use of the medium for settling political scores. All this only underscores the need for a regulatory mechanism both at the national and international fronts," said Satyanarayana.
Foreign investment and collaboration had also been agreed upon the details of which were being worked out.
He said steps are being taken to bring about active collaboration between the government, industry and academia to make use of the technological advancement.
Satyanarayana added that an investment of Rs.10,000 crore had been decided "in principle" to promote the electronics industry.