The Tech economy in India & why we should invest

The Indian tech market has rapidly grown to $181 billion in 2019. The exports from the industry show a value of $137 billion, while domestic revenues advanced to $44 billion. Quite evidently, the total investment in the Indian technology sector has gained an exponential boom in the last few years.

India’s technological strengths and competencies have attracted large pools of investments from many developed countries. The computer hardware and software sector alone has pooled in a massive FDI of $37.23 billion between April 2000 and March 2019 and globally ranks second in the FDI inflow index.

Many prominent Indian IT firms have diversified their channels of technological innovations and have made significant breakthroughs in AI, IoT, Blockchain and overall tech research and development.

Such transformations in the Indian economy have motivated many investors to put their fortunes in the booming tech environment of India.

Some of the key highlights that can attract more potential investments are,

• Nasscom has initiated an online platform to train over 2 million professionals in disruptive transformations
• Private Equity investments in this sector stood at $2400 million in the 4rth quarter of 2018 alone.
• Venture Capital investments made a record of $53 million in Q4 of 2018
• NITI Aayog is setting up a national level programme to propel developments in automations and disruptive technologies.

The Indian startup trend has shown exponential levels of technological creativity in different domains like education, agriculture, logistics, defence, etc., and given the level of development, the scope of investment is only increasing with time.