After 10 Years of Tech advancement, India shifts into high gear now: Industry leaders

As India embarks on its journey to develop into a world expertise powerhouse below numerous schemes launched by the federal government within the final 10 years, the National Technology Day is the event for the nation to mirror on achievements and likewise take a look at the challenges forward within the synthetic intelligence (AI)-driven period, business leaders mentioned.

It was former Prime Minister Atal Bihari Vajpayee who introduced May 11 as National Technology Day, to commemorate the Pokhran nuclear exams performed by the Indian Army in Rajasthan in 1998. Since then, the nation has seen large progress throughout parameters — be it a thrust on native manufacturing, new semiconductor vegetation, AI, 5G, startups, innovation and production-linked incentive (PLI) schemes for numerous sectors, whereas skilling the workforce and creating lakhs of new jobs.

“As we have a good time today, it is essential to acknowledge the function of training, mentorship, and entrepreneurship in nurturing a era succesful of innovation and management,” mentioned Kunal Purohit, Chief Digital Services Officer, Tech Mahindra.

A. Gururaj, Managing Director, Optiemus Electronics, commented that India is progressing ahead in the direction of creating native product improvement strengths in a number of segments by way of startups and different entities within the electronics phase.

Electronics ecosystem

“We will proceed to work in the direction of creating the electronics ecosystem in India consistent with the federal government’s imaginative and prescient in the direction of creating an ‘Atmanirbhar Bharat,'” he added. In the final decade, below the ‘Make in India’ programme, practically 12 lakh new jobs have been created in electronics manufacturing alone, which has crossed $100 billion, he famous.

“We imagine that the following decade can be marked by unparalleled technological progress in AI, cloud and connectivity, presenting new alternatives for India to strengthen its foothold within the world expertise panorama,” mentioned Tarun Chhabra, Country Manager, Nokia India, referring to 3 semiconductor plans value Rs 1.25 lakh crore kickstarted just lately.

The day shouldn’t be far when Indians will journey in a bullet practice. The first bullet practice is about to run in a single part (Mumbai and Ahmedabad) in 2026, mentioned Anil Sethi, Vice President, Infrastructure Solutions Group, Dell Technologies India.

With a pool of 5 million digitally-skilled workforce, nationwide science and expertise missions, and a strong startup ecosystem that values rising applied sciences like AI, cybersecurity, 5G/edge, and quantum computing, amongst others, “we’re actually witnessing India’s subsequent part of progress in expertise,” mentioned Seth.

“New-age disruptive expertise comparable to generative AI, would be the key issue that may drive new potentialities in digital transformation enabling companies to make the best determination whereas constructing buyer belief,” he mentioned. Technology has revolutionised the enterprise panorama in India, redefining job roles and remodeling industries.

“To stay aggressive and thrive on this dynamic panorama, industries should embrace innovation and equip their workforce with the mandatory abilities to adapt to rising applied sciences, drive operational efficiencies, and unlock new progress alternatives,” mentioned Ashish Modi, President, Honeywell India.

According to Anku Jain, Managing Director, MediaTek India, the IT business within the nation has emerged as a thriving power, driving the nation’s GDP, employment alternatives and general progress of the financial system.

“(*10*) should give attention to upskilling and reskilling the workforce to allow them to develop competencies and faucet into important improvement alternatives throughout completely different sectors,” he famous.