Noting that India had lagged when the world went through the industrial revolution, the Prime Minister said he dreams of a 'Digital India' where government services are easily available to citizens on mobile devices and barriers between the rich and the poor are removed.

"I dream of a Digital India where government proactively engages with people through social media... I dream of Digital India where cyber-security becomes integral part of national security...I dream of a digital India where High-speed Digital Highways unite the nation, 1.2 billion connected Indians drive innovation," he said, reminding the audience of the historical speech of Martin Luther King.

Citing advantages of IT, Modi said it helps in dealing with problems like corruption. "Technology played a big role in auction of coal mines. So many coal mines were auctioned but there is no allegation against the government because it was all done in a transparent manner," he said.

The function was attended by Union Ministers Arun Jaitley, Ravi Shankar Prasad, J P Nadda, Thaavar Chand Gehlot, Jual Oram, and Nirmala Sitharaman.

The India Inc. was represented by RIL Chairman Mukesh Ambani, ADAG Chairman Anil Ambani, Bharati Enterprises Chairman Sunil Mittal, Tata Group Chairman Cyrus Mistry, Aditya Birla Group chief Kumarmangalam Birla, Wipro's Azim Premji.

From among the global companies, Bernhard Gerwert, CEO of European consortium Airbus' Defence and Space unit, and Ping Chang, CEO of Taiwanese company Delta Electronics, attended the event.

The corporate leaders made announcements regarding their plans to invest in digital sector, which Modi said amounted to over 4,50,000 crores with a potential to generate 1.8 million jobs.

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