Articulating global worries over cyber security, Prime Minister Narendra Modi on Wednesday said India should come up with solutions to meet the challenge posed by this threat of "bloodless war" as he launched a digital campaign to which top companies pledged Rs 4.5 lakh crore.

Inaugurating 'Digital India Week' here, he pitched for a digital revolution in the country, saying it is necessary to deal with problems like corruption, help provide transparent and efficient governance and bridge the rich-poor divide.

"We have to move from E-governance to M-governance.

M-governance does not mean Modi governance. It means Mobile governance," he said in the presence of several ministerial colleagues and who's who of Indian industry and CEOs of some global companies.

The Prime Minister noted that India has huge capabilities in the field of IT and promised to encourage manufacturing within the country of electronic goods, which account for second largest imports after petroleum products.

He specifically mentioned start ups in this regard.

While highlighting the advantages of the IT, Modi said, at the same time, "clouds of a bloodless war are hovering over the world. The world is terrified by this....India has a big role to play in this.

"Can India play this big role? India has talent. Can India provide a shield to the world by providing innovative and credible solutions? Why should we not have such a confidence? We should accept this challenge to ensure that the entire humanity lives in peace," Modi said.

While talking about dangers posed to cyber security, he said, "somebody, with education of 10th or 12th class, sitting thousands of miles away, can clean up your bank account with a click of mouse." This situation needs to be addressed, he said.

Noting that India had lagged behind 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.

"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," 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 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 industrialists made announcements regarding their intention to invest in digital sector, which the Prime Minister said amounted to over Rs 4.5 lakh crore with a potential to generate 18 lakh jobs.

Mukesh Ambani announced an investment of Rs 2.5 lakh crore over five years and said it will result in creation of 5 lakh jobs. He said his company was working with device makers to make affordable devices.

Birla promised to invest US $7 billion in next 5 years in network rollout and infra and digital space.

Mittal committed to invest Rs 1 lakh crore in next five years in digital space while Anil Ambani promised to invest Rs 10,000 crore over next few years across digital, cloud and telecom space.

Delta CEO pledged US $500 million.

Pointing out that times have changed and the India will be left behind unless it carries out revolution in the IT field, the Prime Minister exhorted the industry to boost production of electronic devices and goods in the country, as part of the "Make in India" initiative, to reduce dependence on imports.

He called upon the youth to innovate and said "Design in India" is as important as "Make in India." Promising government support to 'start ups', Modi said India has the potential of becoming the second country after the USA in this area.

Talking about possibilities in the IT world, he said there could a situation wherein information could be stored in "digital lockers" with private companies offering such facilities.

"India may have missed the Industrial Revolution, but will not miss the IT revolution," he said, adding, "it is not enough for India to say that it is an ancient civilization, and a country of 125 crore with favourable demography...
modern technology needs to be blended with these strengths." Modi underlined his government's resolve to not allow the Digital Divide to become a barrier between people and outlined his vision of e-governance and mobile governance, where all important Government services are available on the mobile phone.

"I dream of a digital India where High-speed Digital Highways unite the Nation; 1.2 billion connected Indians drive innovation; technology ensures the citizen-government interface is incorruptible," he said at the function which was attended by Union Ministers Arun Jaitley, Ravi Shankar Prasad, J P Nadda, Thaavar Chand Gehlot, Jual Oram and Nirmala Sitharaman.

The Prime Minister said that earlier, India was criticized for launching satellites, but now it was recognized that these satellites help the common man, for instance, farmers through accurate weather forecasting.

He said in the future, people would prefer to live along the 'Digital Highways' like in earlier ages populations would settle along rivers and seas and later along the highways of roads.

Modi also unveiled the "Digital India" logo and released policy documents related to Digital India. He also felicitated two women CSC village level entrepreneurs.