What is the future of Indian technology?
India’s technology services industry can achieve $300-350 billion in annual revenue by 2025 if it can exploit the fast-emerging business potential in cloud, artificial intelligence (AI), cybersecurity and other emerging technologies, according to a report by industry body Nasscom and global consulting firm McKinsey .
What is the power of India?
India is considered one of the potential superpowers of the world. This potential is attributed to several indicators, the primary ones being its demographic trends and a rapidly expanding economy and military. In 2015, India became the world’s fastest growing economy with a 5\% estimated GDP rate (mid year terms).
How much will technology contribute to India’s economy by 2025?
Together, infrastructure technologies can contribute $30 billion to $45 billion a year in value by 2025. Government services. India has made a good start with its national e-governance plan, but it can take additional steps to capture the full potential of technology over the next decade.
What will India’s cities look like in 2025?
By 2025, MGI estimates, India will have 69 cities with a population of more than one million each. Economic growth will center on them, and the biggest infrastructure building will take place there. The output of Indian cities will come to resemble that of cities in middle-income nations (Exhibit 2).
How will technology change the world in the next 5 years?
We asked our 2020 intake of Technology Pioneers for their views on how technology will change the world in the next five years. From quantum computers and 5G in action to managing cancer chronically, here are their predictions for our near-term future. 1. AI-optimized manufacturing
What will India’s economic growth look like in 2030?
Economic growth will center on them, and the biggest infrastructure building will take place there. The output of Indian cities will come to resemble that of cities in middle-income nations (Exhibit 2). In 2030, for example, Mumbai’s economy, a mammoth market of $245 billion in consumption, will be bigger than Malaysia’s today.