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The Future of the Technology Sector in India

istock.com/kontekbrothers

14 September 2022

By Anil Thankachan, Nandini Grover and Sunaina Yadav

India is deep into its journey to becoming a tech superpower globally. Even before the pandemic, India’s technology sector was headed for tremendous progress, with a growing number of tech start-ups across different industries.

However, the last two years have accelerated this pace of growth and propelled the tech sector into unprecedented levels of success. Many factors contribute to this current and projected growth–the rapid advancement of technology, the increasing accessibility of high-speed networks pan-India, and the increasing value and feasibility of doing profitable business with minimum to low startup costs in the software market. It is important to note, that the next few years will be critical in shaping the future of the technology sector and consequently, that of the nation.

About the author(s)

Nandini Grover

MBA

IIM, Calcutta

Sunaina Yadav

MBA

IIM, Calcutta

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