What is the future of Indian technology?
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 .
Which industry will grow in 2020 in India?
Keeping that in mind, we bring you the top 5 industries that are bound to see growth in the coming years.
- Ed-Tech. The ed-tech industry refers to the education industry advanced with technology.
- Digital Marketing.
- FinTech.
- Healthcare.
- Gaming.
What is the status of technology in India?
India now ranks 46 among 50 countries in the Global Innovation Index (GII); this is an improvement from the 48th position in 2020. The Government is extensively promoting research parks technology business incubators (TBIs) and (RPs), which would promote the innovative ideas till they become commercial ventures.
Which sector is growing fast in India 2020?
The Industry sector was the fastest growing sector in one year and the Agriculture sector was the fastest-growing sector in two years. First time in 2020-21, the Services sector has the lowest growth rate among the three sectors.
What is the rank of India in technology 2021?
46th rank
India jumps 2 spots to 46th rank in Global Innovation Index 2021. The Centre in an official statement said that the consistent improvement in the GII ranking is due to the immense knowledge capital, vibrant start-up ecosystem, and the amazing work done by public and private research organisations.
What is the rank of India in technology in 2020?
India has improved its ranking in the Global Innovation Index (GII) 2021 report and currently stands at 46th position, as opposed to last year’s 48th spot, as per the findings released from World Intellectual Property Organisation (WIPO)’s latest innovation index report for 2020 on Monday.
Which sector will boom in future?
5 Ultimate Sectors for Long-term Investment in India
- Information Technology (IT)
- FMCG (Fast-moving consumer goods)
- Housing finance companies.
- Automobile Companies.
- Infrastructure.
- Bonus: Pharmaceuticals Stocks.
Which industry will boom in India?
Emerging Sectors
- ADVANCED ENGINEERING AND MANUFACTURING:
- DIGITAL INNOVATION:
- ENERGY:
- FINANCIAL, LEGAL AND PROFESSIONAL SERVICES:
- INFRASTRUCTURE:
- LIFE SCIENCES AND HEALTHCARE:
- RETAIL, FOODS & DRINK, AND LOGISTICS:
- SKILLS AND EDUCATION:
What is the future sector of India?
India’s manufacturing sector is also developing fast, with world-class companies such as Bharat Forge, Tata Motors, and Mahindra. India’s healthcare industry will grow to over £40 billion in the next three years. India aims to train 500 million people, which opens up a market for British skills providers.
What is latest technology in world?
IT and communications
| Emerging technology | Status |
|---|---|
| Artificial brain | Research |
| Artificial general intelligence | Hypothetical, experiments |
| Augmented reality | Diffusion |
| Carbon nanotube field-effect transistor | Research and development |
Which industry will grow in 2025?
The overall music, radio and podcast industry will grow 19.1 per cent per annum to reach Rs 11.026 crore in 2025, the consultancy added. Video games and e-sports revenue reached Rs 11,250 crore in 2020 and is set to expand to Rs 24,213 crore in 2025, at an annual growth rate of 16.5 per cent, it said.