India experiences technology boom

21.05.24
12:26


Technology

India experiences technology boom

Leading figures in the industry are applauding the country’s technological advancements at the “Vishesh Sampark Abhiyan” event

The professionals in the field of creative innovations talked about India’s future as well as the country’s quick advancements in the technology sector. This is reported by
ANI, a partner of TV BRICS.

The finest IT experts, inventors, startup executives, and thinkers in the nation came together for the event.

The experts discussed the rise of Indian startups and the clear technological dependence of the nation’s future at the event. The source claims that the startup ecosystem is growing quickly. The digital economy in India has expanded 2.8 times. 

Furthermore, experts predicted that India’s imports, which currently total US$24 billion, could soon reach US$100 billion due to technological advancements. 

Innovation is stimulated by deregulation and the opening up of crucial spheres like space. Over the past ten years, India has emerged as a significant innovator in advanced sectors like aerospace, space, and the defence industry, thanks to the ecosystem that the government has provided.

Photo:
iStock

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