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India News Updated Aug 10, 2026

Mumbai's Cybersecurity Now a National Economic Priority: Minister

Maharashtra Minister Ashish Shelar declared Mumbai's cybersecurity a national economic priority at a Mumbai event. He stressed that cyber threats to Mumbai's digital infrastructure could impact the entire economy. Shelar called for stronger India-Israel cooperation in cybersecurity and knowledge exchange. He urged building security into new technologies from the design stage.

Mumbai's cybersecurity is national economic priority: Maha Minister

Mumbai, Aug 10

Maharashtra Minister of Electronics, Information Technology and Artificial Intelligence Ashish Shelar on Monday said Mumbai's cybersecurity is no longer merely an Information Technology concern; it has become a critical priority for the country's economic security.

Speaking at an event organised in collaboration with the Government of India, the Consulate General of Israel in Mumbai, the Economic and Trade Mission of Israel in Mumbai and the Bombay Stock Exchange, Shelar said: "A secure Mumbai means a secure India and a secure Indian economy. Policymakers, technologists, engineers, industry leaders and experts must work together in the field of cybersecurity."

He noted that India and Israel share common democratic values, a rich intellectual heritage and a strong tradition of innovation. Building on these shared values, the two countries are creating a robust bridge of cooperation in cybersecurity. Shelar thanked the organisers for bringing experts, industry representatives and innovators onto a common platform.

Shelar emphasised that Mumbai is a key centre of India's economy, housing the headquarters of several major financial institutions, including the Reserve Bank of India, Securities and Exchange Board of India, National Stock Exchange and Bombay Stock Exchange. He said any cyber threat to Mumbai's digital infrastructure could have wider implications for the overall economic system.

"Protecting only physical infrastructure is not enough to ensure economic security. Protecting digital infrastructure is equally important. Mumbai's cyber resilience and security have become an integral part of national economic security," he said.

The minister added that the technology sector is undergoing rapid transformation and the Government of Maharashtra is committed to promoting innovation while embracing emerging technologies such as Artificial Intelligence, Quantum Computing and Big Data analytics. He stressed that digital security must be given equal priority alongside digital transformation.

Shelar said India has a vast pool of skilled human resources and some of the finest computer engineers in the world. Cybersecurity experts, engineers, industry professionals and young technologists are the "silent guardians of modern society", safeguarding data and protecting citizens' money and sovereign information.

He urged that security must be built into new software, digital services and technological solutions from the design stage. He also called for deeper cooperation between India and Israel in cybersecurity, with more opportunities for knowledge exchange, joint research, technology development and innovation.

"India and Israel must move beyond purely commercial engagements and work towards building a strong, long‑term and mutually beneficial ecosystem of cooperation," he said.

Shelar concluded by urging all stakeholders to work together to accelerate economic growth through a secure digital environment and build a prosperous and secure future for generations to come.

— IANS

Reader Comments

Priya Sharma

The India-Israel collaboration in cybersecurity is a smart move. Israel is a global leader in this field, and we have the talent and scale. But I hope this isn't just another MoU that never gets implemented. We need concrete action plans and training programs for our engineers.

Arjun Krishnan

As someone working in the IT sector, I can tell you that cybersecurity is still treated as an afterthought in many Indian companies. The minister's point about building security into software from the design stage is spot on. Better late than never, but we have a long way to go.

Sneha Patel

It's reassuring to know that our leaders are thinking about protecting our digital infrastructure. With UPI and online banking becoming so common, even common people like us are vulnerable to cyber frauds. Security is no longer just a corporate concern.

Vikram Singhania

Respectfully, I have to point out that we keep hearing these grand statements at events, but what about the ground reality? Small businesses in Mumbai still don't have basic cybersecurity training. Government should focus on awareness campaigns and affordable security solutions for SMEs before talking about international collaborations.

Nisha Reddy

India and Israel sharing democratic values and innovation — this partnership makes complete sense. Israelis are pioneers in cyber defense, and with India's massive tech talent pool, we could become a global cybersecurity hub. Just hope the young engineers get proper opportunities and salaries here.

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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