India is on its way to creating a strong, emergent economy. Defining itself by high-quality research, tech advancements, a robust digital infrastructure, and a young, tech-savvy generation with an entrepreneurial mindset.
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From being the world’s most sought after outsourcing destination in the 1980s, India has now become a hub of technology innovation. According to a survey conducted by KPMG, India ranks second in the world for producing the most disruptive technologies. This transformation has been brought about by the increase in tech adoption in the country.
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As of 2019, India had 560 million internet users and 450 million smartphone users. The widespread tech adoption has naturally created a favorable environment for the growth of entrepreneurs, making India the country with the third-largest start-up ecosystem in the world. Additionally, favorable government regulations, increased investments by private players and setting up of R&D facilities have contributed to India’s rise as a promising tech destination.
swissnex India has been connecting the dots between Switzerland and India in education, research and innovation since 2010 and is passionate about driving change today, for tomorrow. As India’s technological growth keeps booming, swissnex wants to know how we can combine India’s ambition with Switzerland’s innovation. Do you want to connect your business with India? Contact swissnex India.
In our next series “Realtime Valley India” we will portrait how India is setting the stage for an AI-driven future. We look forward to talking India tech with you.
