Did you know that India now ranks third in the world in terms of the most appealing investment destinations for technology transactions? Implying that scientific areas in India have advanced significantly, India has established itself as one of the leading countries in scientific research. We have risen to the top five nations in the world for space research. India positions itself as a "large-scale technology hub" to the rest of the globe.
Global innovation index (2020) places India in the top 15 nations in terms of Information and Communication Technology and R&D-intensive global corporations. Diverse technology company incubators have also sprung up in the twenty-first century, with the goal of growing nascent ideas and bridging the gap between conception and commercialization. India has geared up to take the place of the world's 3rd largest start-up ecosystems. 'Made in India, for the world' is the mission.
India & Technical Development
Indian tech firms are pursuing ambitious goals and aspirational aims. India is steadily progressing toward being a global leader in industrialization and technical development, with a focus on science. Nanotechnology's arrival in India will have an impact on not only the biomedical but also the nuclear sectors. India's new Science, Technology, and Innovation Policy 2020 aims to promote science more effectively and in a way that is driven by experts.
Chronic diseases, global warming, pollution, water scarcity, and equal access to resources are very few of the Global challenges. We see India working to address global concerns in areas of healthcare, energy, infrastructure and more, with the technology industry that is making its presence felt distinctly.
A closer look at the game-changing opportunities
By tapping into the Indian technology ecosystem, we'll be able to develop revolutionary solutions to global problems. In this case, it is the technology businesses that will bring about the shift.
Healthcare & Technology
With a motto of providing quality healthcare to all, team India is striving hard to develop Medical technologies that can transform the healthcare system by reaching the last mile across India, improving millions of lives.
Technologies like artificial intelligence (AI), automation, and the Internet of Things (IoT) have percolated almost every aspect of healthcare today. The unique power of AI comes in the form of natural language processing, intelligent agents, computer vision, machine learning, expert systems, chatbots, and voice recognition, which are performing as the backbone and significantly expand the scope of human activity.
It's fascinating to know what kinds of new employment opportunities will emerge in the future, as well as the training needed for the next generation of workers. From reconstructive surgery 3-D printing specialists to creating ground-breaking medicines for diseases like Alzheimer's, Cancer, and HIV, technology is transforming the course of human health. Creating a healthy future necessitates innovation, compassion, and a thorough grasp of people's health and well-being requirements. It also necessitates the smartest minds as well as the most enthusiastic, motivated, and determined individuals.
The potential of technology extends beyond new products and services to have a meaningful and positive impact on the world. And health tech businesses seek mission-driven individuals to improve the healthcare system for all.
Automobile & the Nex Gen Technology
After Healthcare, it is the mission of “Moderating our lifestyle for a carbon-free future”. Our green planet is on the verge of carbon-filled breathing, India alone consumes 12,000Cr liters of fuel per year. India is attempting to reverse climate change and advance development in order to make a difference. A technological revolution has begun. Electric mobility and automobile giants whose ambition is to become a global leader in Electric mobility, are setting up an ambitious network of a hyper electric charging network to bring difference in climate change situation and furthering the cause of clean energy.
The government of India targets 30% electric vehicles by 2030. With this breakthrough endeavour, India will write the future of manufacturing. With the increase in EVs in India, an automobile giant has announced the establishment of an exclusive network of more than 100,000 charging stations for its upcoming electric two-wheelers. This is expected to be deployed in over 400 Indian cities during the next five years. This technological breakthrough will assist India in eradicating its carbon impact. This is an entirely in-house initiative in India. Well, this is a game-changing opportunity for people wanting to bring about a green change in the world with India. It’s time for you to come back home.
Opportunities upsurging the Energy Sector
Green energy is everywhere, as are new projects involving solar products & smart grid technologies. The Indian renewable energy sector is the world's fourth most appealing renewable energy market. In addition, there has been a significant inflow of FDI into India's non-conventional energy industry.
New clean energy investments have created “n” number of opportunities in industries such as Solar PV Modules, Rooftop Solar Projects, Innovative Industrial Organic Waste-to-Energy, Solar Park Development, and Ultra Mega Solar Power Projects. Technology will also play a dynamic role in energy security, which is vital for the future. Wind turbines and solar panels are leading the charge toward renewable energy for electrification and energy storage, and giants are working towards the Make in India motto with Power-to-X initiatives examining various methods for converting electricity into heat, hydrogen, or sustainable synthetic fuels. A solid information technology platform can make the difference in a utility's ability to deliver cost-effective energy yet again, opportunities for tech game-changers awaits.
It’s time to take Action
Your country is progressing, and wouldn't you like to be a part of it? India is going above and beyond to generate opportunities for experts wishing to return to India. Along with the aforementioned, technologies such as AI, ML, Blockchain, Robotics, Biotechnology, Virtual reality and Augmented reality are paving the way for experienced professionals to grab the reins and lead the charge.
India is the future, and it will overcome global challenges. It's time to take the initiative. Are you up for the challenge?