Supercharged Progress

India must move up the ladder in the global technology ecosystem and not just be happy being the IT backbone of the world

- BY ROSHNI NADAR MALHOTRA

India has come a long way in the 75 years since its independence. As the world’s largest democracy and the fifth-largest economy that continues to be amongst the fastest growing, India has arrived on the global stage. It’s been a journey of perseverance and resilience for a nation of 1.2 billion that was once categorised as ‘low income’ and was among the ‘fragile five’. We must celebrate what we have collectively achieved. Not only are we the IT and technology backbone of the world but we are also emerging as a major start-up and manufacturing hub.

And as India assumes the G20 presidency, it makes me even more optimistic that as a nation we will achieve much more in the next 25 years than what we have in the past 75 years. The next quarter of the century can be one of ‘supercharged progress’ for India if we play it right and build on the momentum we have.

The India@100 I see is amongst the world’s top three economies that’s a leader in technology, services and manufacturing. I see the next FAANGs coming out of this nation of a billion-plus people. And I see an India that has one of the largest middle- to high-income populations thanks to our demographic dividend.