Joy anticipates ICT exports will soon surpass RMG earnings

Joy anticipates ICT exports will soon surpass RMG earnings

The planet is transformed by the revolution in information and communication. Today, information and communication technology (ICT) is a key economic parameter. This study aims to examine the phenomenon, pattern, and effect of ICT on the Indian economy in India.

ICT affairs Adviser Sajeeb Wazed Joy, Prime Minister of ICT, predicted that exports of ICT would exceed the current highest foreign currency earner “in a short time” the amount earned by the RMG industry.

“Bangladesh’s IT exports today officially exceed $1 billion, according to the report.   Within a very short time, I believe that we will cross our export of garments through the use of technology, “he told the Bangabandhu International Conference Center (BICC) in Halle the opening ceremony of a three-day Digital Bangladesh Fair.

Nonetheless, Joy said the actual volume of ICT exports was difficult to assess because the majority of export services in the sector were performed over the internet.

Joy added that the ICT sector was well on its way to capturing the textiles industry as Bangladesh exported hardware, including mobile phones, TVs and smart devices, and “exports expanded very quickly and exponentially.”

The PM adviser said that even a decade ago, Bangladesh had imported all mobile phones, it couldn’t imagine some progress in the sector.

He once said, “we used to import 30 million mobile phones in one year (while today in Bangladesh 20 million of these are made.”

Minister for Role and Communications Mustafa Jabbar has also presided over the office of AKM Chairman, Nur-ur-Rahman Secretary and Huawei Technologies Ltd CEO of China (Bangladesh), Zhang Zhengjun, Member of Minister of Parliamentary Standing Committee (Bangladesh).

Joy said mobile operators were previously unable to deploy 3-G or 4-G technology in the country due to a lack of technical resources such as the infrastructure of fibers and the consumer specifications.

Instead, he said, Bangladesh began producing analog handsets so that people could buy a mobile telephone at a low cost.