India produces 20% of world’s data: Ola founder Bhavish Aggarwal

Ola founder and CEO Bhavish Aggarwal highlighted that India which constitutes 20% of the world’s population produces 20% of the world’s digital data but only one-tenth of it is stored here and the remaining data is sold to us in dollars after being processed by tech giants outside the country.

In an exclusive chat with ANI, Aggarwal said, “Everybody in India pays in dollars. You know, if I, the broader point here, the irony, India produces 20% of the world’s digital data because we are the 20% of the world’s population. You know, thanks to 4g and Jio and all India map data produced. So we produce 20% of the world’s data”.