Vickram Bedi shares media based on his blog "Technology in India: Economic Growth" where he describes how technology is beginning to improve the economy in India.
2. Thanks to the wide world of
IT, India has seen a
substantial increase in job
availability, as well as
improvements in tech
education, specifically STEM
(Science, Technology,
Engineering, & Math)
programs. This is also due in
part to the countries strong
focus on their Digital India
Program; designed to
digitally empower society
and the economy, while
improving their National e-
Governance Plan of 2006
(NeGP).
3. Many industries are taking digital initiatives that often
require a reorganization of their internal structures. IT
consulting companies throughout India have capitalized
on this opportunity by expanding their expertise
throughout multiple industries. With this continuing
expansion, comes significant economic growth.
4. The increased amount of startup companies in
recent years has directly contributed to the
maturation of India’s economic system. Many
of these startup companies, as well as current
tech leaders, are focusing their time on future
technological advances such as artificial
intelligence (AI), augmented and virtual reality
(AR & VR), and blockchain technologies.
5. While some of these
developments are not
widely known or
utilized, yet, industry
leaders in sectors like
manufacturing, are
already taking full
advantage. The future of
technology is
unpredictable and
exciting. Government
and corporate digital
initiatives throughout
the country will
continue to improve
overall economic
growth.